North Estates (MCR) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05114934 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

FOR

NORTH ESTATES (MCR) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C Josefovitz

SECRETARY:

Mrs S Josefovitz

REGISTERED OFFICE:

115 Craven Park Road

South Tottenham

London

N15 6BL

REGISTERED NUMBER:

05114934 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Investment property

2

66,111

CURRENT ASSETS

Debtors

154

Cash at bank

6,327

5,734

6,481

5,888

CREDITORS

Amounts falling due within one year

42,496

36,204

NET CURRENT LIABILITIES

(36,015

)

(30,316

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

30,096

35,795

CREDITORS

Amounts falling due after more than one
year

3

36,262

41,558

NET LIABILITIES

(6,166

)

(5,763

)

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

(6,167

)

(5,764

)

SHAREHOLDERS' FUNDS

(6,166

)

(5,763

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 26 April 2017 and were signed by:

C Josefovitz - 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 rent receivable, excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1 May 2015

and 30 April 2016

66,111

NET BOOK VALUE

At 30 April 2016

66,111

At 30 April 2015

66,111

3.

CREDITORS

Creditors include an amount of £ 36,262 (30.4.15 - £ 41,558 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

1

Ordinary

£1

1