T.P.M. Management Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 01019536 (England and Wales)

T.P.M. Management Limited

(limited by guarantee, having no share

capital)

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

5

DIRECTORS:

Mr K Bolton

Mrs J A Kerr

Mr A Coffey

Mr A P Lawrence

SECRETARY:

REGISTERED OFFICE:

10 Victoria Road South

Southsea

Hampshire

PO5 2DA

REGISTERED NUMBER:

01019536 (England and Wales)

ACCOUNTANTS:

Barter Durgan

Chartered Accountants

10, Victoria Road South

Southsea

Hampshire

PO5 2DA

BANKERS:

National Westminster Bank

130 Commercial Road

Portsmouth

Hampshire

PO1 1EJ

SOLICITORS:

Biscoes Solicitors

15a Somerset House

Hussar Court

Waterlooville

Portsmouth

Hampshire

PO7 7SG

FIXED ASSETS

Tangible assets

2

43,829

56,883

CURRENT ASSETS

Debtors

1,222

1,212

Cash at bank and in hand

69,218

72,157

70,440

73,369

CREDITORS

Amounts falling due within one year

77,238

77,141

NET CURRENT LIABILITIES

(6,798

)

(3,772

)

TOTAL ASSETS LESS CURRENT LIABILITIES

37,031

53,111

PROVISIONS FOR LIABILITIES

468

3,678

NET ASSETS

36,563

49,433

RESERVES

Income and expenditure account

36,563

49,433

36,563

49,433

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 surplus or deficit 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 2 December 2016 and were signed on its behalf by:

Mr K Bolton - Director

Mrs J A Kerr - 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 the total amount of service income receivable

Tangible fixed assets

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

Short leasehold

-

in accordance with the property

Fixtures and fittings

-

10% on cost

Deferred tax

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

sheet date.

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 November 2015

and 31 October 2016

158,086

DEPRECIATION

At 1 November 2015

101,203

Charge for year

13,054

At 31 October 2016

114,257

NET BOOK VALUE

At 31 October 2016

43,829

At 31 October 2015

56,883

3.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

4.	SHARE CAPITAL

The company is limited by guarantee not having a share capital

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 two to four)

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 T.P.M. Management Limited for the year ended 31 October 2016 which comprise the Income

and Expenditure 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of T.P.M. Management Limited, as a body, in accordance with the terms of our engagement letter dated 23 January 2011. Our work has been undertaken solely to prepare for your approval the financial statements of T.P.M. Management Limited and state those matters that we have agreed to state to the Board of Directors of T.P.M. Management Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than T.P.M. Management Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that T.P.M. 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 T.P.M. Management Limited. You consider that T.P.M. 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 T.P.M. 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.

Barter Durgan

Chartered Accountants

10, Victoria Road South

Southsea

Hampshire

PO5 2DA

2 December 2016