EMR Columbus Quay Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08082419 (England and Wales)

Abbreviated Accounts for the Year Ended 30 April 2015

for

EMR Columbus Quay Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

T P Riley

REGISTERED OFFICE:

122 South Road

Waterloo

Liverpool

Merseyside

L22 0ND

REGISTERED NUMBER:

08082419 (England and Wales)

ACCOUNTANTS:

Cobham Murphy Limited

116 Duke Street

Liverpool

Merseyside

L1 5JW

CURRENT ASSETS

Stocks

-

732,700

Debtors

1,445,400

-

Cash in hand

1

1

1,445,401

732,701

CREDITORS

Amounts falling due within one year

1,019,621

732,700

NET CURRENT ASSETS

425,780

1

TOTAL ASSETS LESS CURRENT LIABILITIES

425,780

1

CAPITAL AND RESERVES

Called up share capital

2

1

1

Profit and loss account

425,779

-

SHAREHOLDERS' FUNDS

425,780

1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 26 January 2016 and were signed by:

T P Riley - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents property sales.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

£

1

Ordinary

£1

1

1

3.	ULTIMATE PARENT COMPANY

Herculaneum Quay Limited is regarded by the director as being the company's ultimate parent company.

4.	RELATED PARTY DISCLOSURES

Ascot Waterloo Limited

A company which T P Riley is a director and shareholder

Included in other creditors as at 30th April 2015 is £657,000 (2014 £657,000) owing to Ascot Waterloo Limited.

Ascot Properties UK Limited

A company which T P Riley is a director

Included in other debtors as at 30th April 2015 is £1,445,400 owing from Ascot Properties UK Limited.

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is T P Riley.