39_MORELAND_STREET_LIMITE - Accounts

39 MORELAND STREET LIMITED - Company Information

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Company Registration No. 06581869 (England and Wales)

39 MORELAND STREET LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

39 MORELAND STREET LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

39 MORELAND STREET LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2015

- 1 -

2015

2014

Notes

Current assets

Debtors

33,330

304,080

Cash at bank and in hand

19,411

642,162

52,741

946,242

Creditors: amounts falling due within one year

(52,740)

(751,339)

Total assets less current liabilities

194,903

Capital and reserves

Called up share capital

Profit and loss account

194,902

Shareholders' funds

194,903

For the financial year ended 30 September 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 29 June 2016

Mr V Goldstein

Director

Company Registration No. 06581869

39 MORELAND STREET LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 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).

As stated in the Directors' report, the company stopped trading and therefore, these accounts have not been prepared on a going concern basis.

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).

1.3

Turnover

Turnover represents rental income receivable during the period.

1.4

Joint arrangements which are not entities

From time to time, third parties participate in the company's projects by providing loans on profit-sharing of fee-earning terms. The loans are disclosed together with the nature of the joint arrangement. Amounts payable to the third parties are recognised as costs on the projects by the company.

Share capital

2015

2014

Allotted, called up and fully paid

1 ordinary of £1 each

Ultimate parent company

The controlling party of the company is Flexbow Limited, a company registered in England and Wales, owned and controlled by N Goldstein. Amounts owed by this company at 30 September 2015 were £33,330 (2014 - £264,080).