Abbreviated Company Accounts - MAY ESTATES INVESTMENT MANAGEMENT COMPANY (PORTSTEWART) LTD

MAY ESTATES INVESTMENT MANAGEMENT COMPANY (PORTSTEWART) LTD - Company Information

NI613032 MAY ESTATES INVESTMENT MANAGEMENT COMPANY (PORTSTEWART) LTD 2015-06-30 false 2014-07-01 2015-06-30 true NI613032 2014-07-01 2015-06-30 NI613032 2015-06-30 NI613032 2014-06-30 NI613032 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 NI613032 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number NI613032

MAY ESTATES INVESTMENT MANAGEMENT COMPANY (PORTSTEWART) LTD

Abbreviated Accounts

30 June 2015

MAY ESTATES INVESTMENT MANAGEMENT COMPANY (PORTSTEWART) LTD Registered Number NI613032

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Current assets
Debtors		2,512	5
Cash at bank and in hand		514	2,418
		3,026	2,423
Creditors: amounts falling due within one year		(3,021)	(1,284)
Net current assets (liabilities)		5	1,139
Total assets less current liabilities		5	1,139
Total net assets (liabilities)		5	1,139
Capital and reserves
Called up share capital	2	5	5
Profit and loss account		0	1,134
Shareholders' funds		5	1,139

For the year ending 30 June 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 23 March 2016

And signed on their behalf by:
Russell Simpson, Director

MAY ESTATES INVESTMENT MANAGEMENT COMPANY (PORTSTEWART) LTD Registered Number NI613032

Notes to the Abbreviated Accounts for the period ended 30 June 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 and the Financial Reporting Standard for Smaller Entities (effective April 2008). The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Turnover policy
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Valuation information and policy
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the balance sheet date. Transactions, during the year, which are denominated in foreign currencies are translated at the rates of exchange ruling at the date of the transaction. The resulting exchange differences are dealt with in the profit and loss account.

Other accounting policies
Taxation
The company is a Management Company. This is setup for the management of the property complex.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
5 Ordinary shares of £1 each	5	5