North Quay Management Limited - Accounts to registrar - small 17.1

REGISTERED NUMBER: 01787300 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2016

FOR

North Quay Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors' Responsibilities Statement

7

Independent Chartered Accountants' Review Report

8

DIRECTORS:

R S Kemp

Dr J Bailey

SECRETARY:

R S Kemp

REGISTERED OFFICE:

36 Marsh Road

Stratford upon Avon

Warwickshire

CV37 9XR

REGISTERED NUMBER:

01787300 (England and Wales)

ACCOUNTANTS:

C Wiltshire & Co

Chartered Accountants

17 Greenhill Street

Stratford on Avon

Warwickshire

CV37 6LF

FIXED ASSETS

Tangible assets

4

8,102

8,102

CURRENT ASSETS

Debtors

5

233

570

Cash at bank

56,543

29,195

56,776

29,765

CREDITORS

Amounts falling due within one year

6

1,145

741

NET CURRENT ASSETS

55,631

29,024

TOTAL ASSETS LESS CURRENT LIABILITIES

63,733

37,126

CREDITORS

Amounts falling due after more than one year

7

55,631

29,024

NET ASSETS

8,102

8,102

RESERVES

Other reserves

8,102

8,102

8,102

8,102

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 19th March 2017 and were signed on its behalf by:

Dr J Bailey - Director

R S Kemp - Director

1.	STATUTORY INFORMATION

North Quay Management Limited is a private company, limited by guarantee , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Land and buildings

-

not provided

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except

to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

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

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different

from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and

laws that have been enacted or substantively enacted by the year end and that are expected to apply to the

reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that

they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1st January 2016

and 31st December 2016

8,102

NET BOOK VALUE

At 31st December 2016

8,102

At 31st December 2015

8,102

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Other debtors

29

72

Site manager's cash float

150

253

Prepayments and deferred revenue

54

245

233

570

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade creditors

442

186

Taxation and social security

268

130

Other creditors

435

425

1,145

741

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2016

2015

£

£

Other creditors

55,631

29,024

8.	OTHER FINANCIAL COMMITMENTS

At the end of the financial year there were no capital or other significant financial commitments.

9.	LIMITED BY GUARANTEE

The Company is limited by guarantee, the guarantors being the members to the extent of £10 each. At 31st

December 2016 the only members admitted were those leaseholders who had applied for membership.

The following reproduces the text of the report prepared for the directors and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary

statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

We confirm that as directors we have met our duty in accordance with the Companies Act 2006 to:

-	ensure that the company has kept proper accounting records;

-	prepare financial statements which give a true and fair view of the state of affairs of the company as at 31st December 2016 and of its surplus for that period in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	follow the applicable accounting policies, subject to any material departures disclosed and explained in the notes to the financial statements.

ON BEHALF OF THE BOARD:

Dr J Bailey - Director

R S Kemp - Director

19th March 2017

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

We have reviewed the financial statements of North Quay Management Limited for the year ended 31st December 2016, which comprise the Income Statement, Balance Sheet and the related notes 1 to 9. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

This report is made solely to the company's directors, as a body, in accordance with our terms of engagement. Our review has been undertaken so that we might state to the directors those matters that we have agreed with them in our engagement letter and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's directors as a body for our work, for this report or the conclusions we have formed.

Directors' responsibility for the financial statements

As explained more fully in the Directors' Responsibilities Statement set out on page two, the directors are responsible

for the preparation of the financial statements and for being satisfied that they give a true and fair view.

Accountants' responsibility

Our responsibility is to express a conclusion based on our review of the financial statements. We conducted our

review in accordance with International Standard on Review Engagements (ISRE) 2400 (Revised), 'Engagements to

review historical financial statements' and ICAEW Technical Release TECH 09/13AAF 'Assurance review engagements

on historical financial statements'. ISRE 2400 also requires us to comply with the ICAEW Code of Ethics.

Scope of the assurance review

A review of financial statements in accordance with ISRE 2400 (Revised) is a limited assurance engagement. We have

performed additional procedures to those required under a compilation engagement. These primarily consist of

making enquiries of management and others within the entity, as appropriate, applying analytical procedures and

evaluating the evidence obtained. The procedures performed in a review are substantially less than those performed

in an audit conducted in accordance with International Standards on Auditing (UK and Ireland). Accordingly, we do

not express an audit opinion on these financial statements.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the financial statements have not been prepared:

-	so as to give a true and fair view of the state of the company's affairs as at 31st December 2016 and of its surplus for the year then ended;

-	in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	in accordance with the requirements of the Companies Act 2006.

C Wiltshire & Co

Chartered Accountants

17 Greenhill Street

Stratford on Avon

Warwickshire

CV37 6LF

19th March 2017