Netherlaw Management Company Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05814672 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st May 2016

for

NETHERLAW MANAGEMENT COMPANY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Accountants' Report

4

DIRECTORS:

J E Tyrrell

Mrs L Burnside

Mrs C M Lince

REGISTERED OFFICE:

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

REGISTERED NUMBER:

05814672 (England and Wales)

ACCOUNTANTS:

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

CURRENT ASSETS

Debtors

264

482

Cash at bank and in hand

397

143

661

625

CREDITORS

Amounts falling due within one year

656

620

NET CURRENT ASSETS

5

TOTAL ASSETS LESS CURRENT
LIABILITIES

5

CAPITAL AND RESERVES

Called up share capital

2

5

SHAREHOLDERS' FUNDS

5

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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 24th February 2017 and were signed on its behalf
by:

Mrs L Burnside - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the going concern basis of accounting.

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 value of work carried out during the year including amounts not yet invoiced, excluding

value added tax. Income is being recognised according to the stage of completion of work done.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/5/16

31/5/15

value:

£

5

Ordinary

£1

5

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 three)

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 Netherlaw Management Company Limited for the year ended 31st May 2016 which comprise the

Profit and Loss 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Netherlaw Management Company Limited, as a body, in accordance with the terms of our engagement letter dated 22nd February 2016. Our work has been undertaken solely to prepare for your approval the financial statements of Netherlaw Management Company Limited and state those matters that we have agreed to state to the Board of Directors of Netherlaw Management Company Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Netherlaw Management Company 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 profit of Netherlaw Management Company Limited. You consider that Netherlaw Management Company 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 Netherlaw Management Company 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.

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

24th February 2017