46_CLEVELAND_SQUARE_MANAG - Accounts

46 CLEVELAND SQUARE MANAGEMENT LIMITED - Company Information

Print Friendly Version

Company Registration No. 02420880 (England and Wales)

46 CLEVELAND SQUARE MANAGEMENT LIMITED

DIRECTOR'S REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

46 CLEVELAND SQUARE MANAGEMENT LIMITED

COMPANY INFORMATION

Director

R Curry

Secretary

M Young-Taylor

Company number

02420880

Registered office

68 Queens Gardens

London

W2 3AH

Accountants

Myers Clark

Egale 1

80 St Albans Road

Watford

Hertfordshire

WD17 1DL

46 CLEVELAND SQUARE MANAGEMENT LIMITED

CONTENTS

Page

Director's report

Accountants' report

Profit and loss account

Balance sheet

Notes to the financial statements

46 CLEVELAND SQUARE MANAGEMENT LIMITED

DIRECTOR'S REPORT

FOR THE YEAR ENDED 31 MARCH 2016

- 1 -

The director presents his report and financial statements for the year ended 31 March 2016.

Director

The following director has held office since 1 April 2015:

R Curry

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

R Curry

Director

18 November 2016

46 CLEVELAND SQUARE MANAGEMENT LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF 46 CLEVELAND SQUARE MANAGEMENT LIMITED FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 46 Cleveland Square Management Limited for the year ended 31 March 2016 set out on pages 3 to 5 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, we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of 46 Cleveland Square Management Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of 46 Cleveland Square Management Limited and state those matters that we have agreed to state to the Board of Directors of 46 Cleveland Square Management Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at icaew.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 46 Cleveland Square Management Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that 46 Cleveland Square Management 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 loss of 46 Cleveland Square Management Limited. You consider that 46 Cleveland Square Management 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 46 Cleveland Square Management 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.

Myers Clark

24 November 2016

Chartered Accountants

Egale 1

80 St Albans Road

Watford

Hertfordshire

WD17 1DL

46 CLEVELAND SQUARE MANAGEMENT LIMITED

PROFIT AND LOSS ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

2016

2015

Notes

Turnover

Administrative expenses

(60)

Loss on ordinary activities before taxation

Tax on loss on ordinary activities

Loss for the year

46 CLEVELAND SQUARE MANAGEMENT LIMITED

BALANCE SHEET

AS AT

31 MARCH 2016

- 4 -

2016

2015

Notes

Fixed assets

Tangible assets

300

Current assets

Net current assets

Total assets less current liabilities

300

Capital and reserves

Called up share capital

300

Shareholders' funds

300

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and the Financial Reporting Standard for Smaller Entities (effective January 2015).

Approved by the Board for issue on 18 November 2016

R Curry

Director

Company Registration No. 02420880

46 CLEVELAND SQUARE MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

- 5 -

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 January 2015).

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 amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

No depreciation is provided in respect of freehold land.

Taxation

On the basis of these financial statements no provision has been made for corporation tax.

Tangible fixed assets

Land and buildings

Cost

At 1 April 2015 & at 31 March 2016

300

Depreciation

At 1 April 2015 & at 31 March 2016

Net book value

At 31 March 2016

300

At 31 March 2015

300

Share capital

2016

2015

Allotted, called up and fully paid

6 Ordinary shares of £50 each

300