Manor Projects Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02287927 (England and Wales)

Manor Projects Limited

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2015

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

JK Buckle

CP Course

SECRETARY:

Mrs P Andrews

REGISTERED OFFICE:

Dairy Farm Office, Dairy Road

Semer

Ipswich

Suffolk

IP7 6RA

REGISTERED NUMBER:

02287927 (England and Wales)

ACCOUNTANTS:

The Hutchinson Partnership Limited

trading as The Hutchinson Partnership

Chartered Accountants

The Bull Pen

Amberley Court

Sutton St Nicholas

Hereford

Herefordshire

HR1 3BX

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Manor Projects Limited for the year ended 31 October 2015 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Manor Projects Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Manor Projects Limited and state those matters that we have agreed to state to the Board of Directors of Manor Projects Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Manor Projects Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Manor Projects Limited. You consider that Manor Projects Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Manor Projects Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The Hutchinson Partnership Limited

trading as The Hutchinson Partnership

Chartered Accountants

The Bull Pen

Amberley Court

Sutton St Nicholas

Hereford

Herefordshire

HR1 3BX

20 July 2016

CURRENT ASSETS

Debtors

2,160

1,227

Cash at bank

33

166

2,193

1,393

CREDITORS

Amounts falling due within one year

700

NET CURRENT ASSETS

1,493

693

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,493

693

CREDITORS

Amounts falling due after more than one
year

713,741

713,141

NET LIABILITIES

(712,248

)

(712,448

)

CAPITAL AND RESERVES

Called up share capital

3

1,000,200

Profit and loss account

(1,712,448

)

(1,712,648

)

SHAREHOLDERS' FUNDS

(712,248

)

(712,448

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 for issue by the Board of Directors on 14 July 2016 and were signed on its
behalf by:

JK Buckle - 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 January 2015).

Preparation of consolidated financial statements

The financial statements contain information about Manor Projects Limited as an individual company and do not

contain consolidated financial information as the parent of a group. The company has taken the option under

Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Going concern

The financial statements are prepared on the going concern basis, the validity of which depends on the continued

support of the company's director, as more fully explained in the notes to the accounts.

Investments in subsidiary

The investment in the subsidiary is valued at cost less a provision to reduce the carrying value to the net assets of

the subsidiary.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 November 2014

and 31 October 2015

125,100

PROVISIONS

At 1 November 2014

and 31 October 2015

125,100

NET BOOK VALUE

At 31 October 2015

-

At 31 October 2014

-

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Neatworld Limited

Nature of business: Dormant company

%

Class of shares:

holding

Ordinary

100.00

10% preference

100.00

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2015

2014

value:

£

200

Ordinary

£1

200

1,000,000

10% preference

£1

1,000,000

1,000,200

4.	GOING CONCERN

The directors are aware of the deficiency of assets to liabilities of £712,248 as presented on the balance sheet.

Liabilities include a loan due to a director of £713,741 at the year end. He has indicated that he will not seek

repayment of this debt to the extent that it would be detrimental to other creditors of the company. Accordingly,

the directors are satisfied that the company can continue as a going concern.