CAMBRIDGE_HOUSE_(MANCHEST - Accounts

CAMBRIDGE HOUSE (MANCHESTER) LIMITED - Company Information

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Company Registration No. 05165092 (England and Wales)

CAMBRIDGE HOUSE (MANCHESTER) LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2015

CAMBRIDGE HOUSE (MANCHESTER) LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

CAMBRIDGE HOUSE (MANCHESTER) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 AUGUST 2015

- 1 -

2015

2014

Notes

Current assets

Debtors

1,691,982

1,693,836

Cash at bank and in hand

147

1,692,129

1,693,836

Creditors: amounts falling due within one year

(2,693)

(168,421)

Total assets less current liabilities

1,689,436

1,525,415

Creditors: amounts falling due after more than one year

(164,300)

1,525,136

1,525,415

Capital and reserves

Called up share capital

9,999

Share premium account

720,001

Profit and loss account

795,136

795,415

Shareholders' funds

1,525,136

1,525,415

For the financial year ended 31 August 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 27 May 2016

M A J Sharples

Director

Company Registration No. 05165092

CAMBRIDGE HOUSE (MANCHESTER) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The directors consider it appropriate to prepare the financial statements on a going concern basis as the company has the continued support of its connected entities.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Debtors

Debtors include an amount of £1,691,982 (2014 - £1,689,352) which is due after more than one year.

Share capital

2015

2014

Allotted, called up and fully paid

2,740 Ordinary 'A' shares of £1 each

2,740

1,027 Ordinary 'A1' shares of £1 each

1,027

6,232 Ordinary 'B' shares of £1 each

6,232

9,999

The rights attached to the shares are set out in the memorandum and articles of association.

Ultimate parent company

The ultimate parent entity is Crosslane Investment Partners (Property) LLP, a limited liability partnership incorporated in England and Wales, which is exempt from the requirement to prepare group accounts.

Related party relationships and transactions

Advances and credits to directors

Advances and credits granted to the directors during the year are outlined in the table below:

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

M A J Sharples - Loan

250,490

J Metcalf - Loan

250,000

500,490