Cross St (Manchester) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09370661 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

31 DECEMBER 2014 TO 31 MARCH 2016

FOR

CROSS ST (MANCHESTER) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S Beech

REGISTERED OFFICE:

60 Oxford Street

Manchester

M1 5EE

REGISTERED NUMBER:

09370661 (England and Wales)

ACCOUNTANTS:

Allens Accountants Limited

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

FIXED ASSETS

Investment property

2

4,000,000

CURRENT ASSETS

Debtors

10,389

Cash at bank

4,925

15,314

CREDITORS

Amounts falling due within one year

2,233,857

NET CURRENT LIABILITIES

(2,218,543

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,781,457

CAPITAL AND RESERVES

Called up share capital

3

100

Revaluation reserve

2,007,048

Profit and loss account

(225,691

)

SHAREHOLDERS' FUNDS

1,781,457

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 by the director on 26 August 2016 and were signed by:

S Beech - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Going concern

After reviewing the company's forecasts and projections, the director has a reasonable expectation that the

company has adequate resources to continue in operational existence for the foreseeable future. The company

therefore continues to adopt the going concern basis in preparing its financial statements.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

Additions

1,992,952

Revaluations

2,007,048

At 31 March 2016

4,000,000

NET BOOK VALUE

At 31 March 2016

4,000,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

4.	ULTIMATE PARENT COMPANY

Beech Holdings (Manchester) Ltd is regarded by the director as being the company's ultimate parent company.