Man & Co Estate Agents Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 04397690 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2016

for

MAN & CO ESTATE AGENTS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

DIRECTORS:

Mr K Srirangan

Ms S Moodley

Mr S Thirulinganathan

REGISTERED OFFICE:

3 Fryent Way

Kingsbury

London

NW9 9ER

REGISTERED NUMBER:

04397690 (England and Wales)

ACCOUNTANTS:

BBK Partnership

Chartered Accountants

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

FIXED ASSETS

Intangible assets

2

14,000

Tangible assets

3

2,433

3,041

16,433

17,041

CURRENT ASSETS

Debtors

-

481

Cash at bank and in hand

60,761

13,444

60,761

13,925

CREDITORS

Amounts falling due within one year

180,922

136,680

NET CURRENT LIABILITIES

(120,161

)

(122,755

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(103,728

)

(105,714

)

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

(103,730

)

(105,716

)

SHAREHOLDERS' FUNDS

(103,728

)

(105,714

)

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 7 December 2016 and were signed on its behalf by:

Mr S Thirulinganathan - 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 goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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

-

20% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period

of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

14,000

NET BOOK VALUE

At 31 March 2016

14,000

At 31 March 2015

14,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

72,754

DEPRECIATION

At 1 April 2015

69,713

Charge for year

608

At 31 March 2016

70,321

NET BOOK VALUE

At 31 March 2016

2,433

At 31 March 2015

3,041

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

£1

2