M.C.N.W. Properties Limited - Abbreviated accounts 16.1

M.C.N.W. Properties Limited - Abbreviated accounts 16.1


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REGISTERED NUMBER: 02566748 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

M.C.N.W. Properties Limited

M.C.N.W. Properties Limited (Registered number: 02566748)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

M.C.N.W. Properties Limited

Company Information
for the Year Ended 31 March 2016







DIRECTORS: Wilhelm Friedrich Christopher Mead
Nicholas Peter Johann Mead
Michaela Anna Rita Mead
Christiana Olive Elfrieda Ripley





SECRETARY: Nicholas Peter Johann Mead





REGISTERED OFFICE: Castle Farm Barn North
Denmead Road
Southwick
Hampshire
PO17 6EX





REGISTERED NUMBER: 02566748 (England and Wales)





ACCOUNTANTS: KT Accountants Limited
Castle Farm Barn North
Denmead Road
Southwick
Hampshire
PO17 6EX

M.C.N.W. Properties Limited (Registered number: 02566748)

Abbreviated Balance Sheet
31 March 2016

31.3.16 31.3.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 44 59
Investment property 3 396,918 396,918
396,962 396,977

CURRENT ASSETS
Cash at bank 5,718 6,075

CREDITORS
Amounts falling due within one year 2,202 6,391
NET CURRENT ASSETS/(LIABILITIES) 3,516 (316 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

400,478

396,661

CAPITAL AND RESERVES
Called up share capital 4 1,000 1,000
Share premium 276,673 276,673
Profit and loss account 122,805 118,988
SHAREHOLDERS' FUNDS 400,478 396,661

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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.

M.C.N.W. Properties Limited (Registered number: 02566748)

Abbreviated Balance Sheet - continued
31 March 2016


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 Board of Directors on 26 August 2016 and were
signed on its behalf by:





Wilhelm Friedrich Christopher Mead - Director


M.C.N.W. Properties Limited (Registered number: 02566748)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2016

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).

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% on reducing balance

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. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015
and 31 March 2016 586
DEPRECIATION
At 1 April 2015 527
Charge for year 15
At 31 March 2016 542
NET BOOK VALUE
At 31 March 2016 44
At 31 March 2015 59

3. INVESTMENT PROPERTY
Total
£   
COST
At 1 April 2015
and 31 March 2016 396,918
NET BOOK VALUE
At 31 March 2016 396,918
At 31 March 2015 396,918

M.C.N.W. Properties Limited (Registered number: 02566748)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2016

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.3.15
value: £    £   
700 Ordinary 'A' Shares £1 700 700
300 Ordinary 'B' Shares £1 300 300
1,000 1,000