Abbreviated Company Accounts - M C H ESTATES LIMITED

M C H ESTATES LIMITED - Company Information

05767769 M C H ESTATES LIMITED 2015-09-30 false 2014-10-01 2015-09-30 true 05767769 2014-10-01 2015-09-30 05767769 2015-09-30 05767769 2014-09-30 05767769 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 05767769 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 05767769

M C H ESTATES LIMITED

Abbreviated Accounts

30 September 2015

M C H ESTATES LIMITED Registered Number 05767769

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,592,830	1,274,071
		1,592,830	1,274,071
Current assets
Debtors		1,673	-
Cash at bank and in hand		53,365	185,516
		55,038	185,516
Creditors: amounts falling due within one year	3	(620,533)	(470,550)
Net current assets (liabilities)		(565,495)	(285,034)
Total assets less current liabilities		1,027,335	989,037
Creditors: amounts falling due after more than one year	3	(300,076)	(364,341)
Total net assets (liabilities)		727,259	624,696
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		727,258	624,695
Shareholders' funds		727,259	624,696

For the year ending 30 September 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 27 June 2016

And signed on their behalf by:
M Charnley-Heaton, Director

M C H ESTATES LIMITED Registered Number 05767769

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents rents receivable and sales in the year.

2Tangible fixed assets

	£
Cost
At 1 October 2014	1,274,071
Additions	318,759
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	1,592,830
Depreciation
At 1 October 2014	-
Charge for the year	-
On disposals	-
At 30 September 2015	-
Net book values
At 30 September 2015	1,592,830
At 30 September 2014	1,274,071

Tangible fixed assets are investment properties and accordingly depreciation has not been applied. The director considers obtaining accurate open market values for the properties to be difficult and accordingly the properties are shown at cost.

3Creditors

	2015 £	2014 £
Secured Debts	364,341	428,606
Instalment debts due after 5 years	43,012	107,277

4Called Up Share Capital
Allotted, called up and fully paid:

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