Westmanor Homes Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04409031 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2016

for

Westmanor Homes Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

F Molloy

Miss C Griffin

REGISTERED OFFICE:

Ground Floor

73 Liverpool Road

Crosby

Merseyside

L23 5SE

REGISTERED NUMBER:

04409031 (England and Wales)

ACCOUNTANTS:

Cobhams Limited

Ground Floor

73 Liverpool Road

Crosby

Merseyside

L23 5SE

FIXED ASSETS

Tangible assets

2

703

-

CURRENT ASSETS

Cash at bank

57,602

79,375

CREDITORS

Amounts falling due within one year

46,830

73,841

NET CURRENT ASSETS

10,772

5,534

TOTAL ASSETS LESS CURRENT LIABILITIES

11,475

5,534

CAPITAL AND RESERVES

Called up share capital

3

4

4

Profit and loss account

11,471

5,530

SHAREHOLDERS' FUNDS

11,475

5,534

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.

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 20 October 2016 and were signed on its behalf by:

F Molloy - 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).

Turnover

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

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

6,618

Additions

1,049

At 31 March 2016

7,667

DEPRECIATION

At 1 April 2015

6,618

Charge for year

346

At 31 March 2016

6,964

NET BOOK VALUE

At 31 March 2016

703

At 31 March 2015

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

2

Ordinary

£1

2

2

2

Ordinary 'A'

£1

2

2

4

4

4.	RELATED PARTY DISCLOSURES

F Molloy

Company Director.

The company manages properties, under normal commercial terms, on behalf of its director F Molloy.

Total management charges received amounted to £65,834.

31.3.16

31.3.15

£

£

Amount due to related party at the balance sheet date

41,102

68,563

5.	ULTIMATE CONTROLLING PARTY

During the year the company was controlled by its directors by virtue of the fact that between them they own 100% of the

company's issued share capital.