Micro-entity Accounts - ST ANDREWS PLACE MANAGEMENT (LIVERPOOL) LIMITED

ST ANDREWS PLACE MANAGEMENT (LIVERPOOL) LIMITED - Company Information

08638526 ST ANDREWS PLACE MANAGEMENT (LIVERPOOL) LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 08638526 2015-09-01 2016-08-31 08638526 2016-08-31 08638526 2015-08-31 08638526 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 08638526 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 08638526 uk-gaap-cd-bus:AllEntityOfficers 2015-09-01 2016-08-31 iso4217:GBP shares

Registered Number 08638526

ST ANDREWS PLACE MANAGEMENT (LIVERPOOL) LIMITED

Micro-entity Accounts

31 August 2016

ST ANDREWS PLACE MANAGEMENT (LIVERPOOL) LIMITED Registered Number 08638526

Micro-entity Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	1	5,137	6,850
		5,137	6,850
Current assets
Debtors		-	20,060
Cash at bank and in hand		67,114	187,594
		67,114	207,654
Creditors: amounts falling due within one year		(196,669)	(216,871)
Net current assets (liabilities)		(129,555)	(9,217)
Total assets less current liabilities		(124,418)	(2,367)
Total net assets (liabilities)		(124,418)	(2,367)
Reserves
Income and expenditure account		(124,418)	(2,367)
Members' funds		(124,418)	(2,367)

For the year ending 31 August 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 May 2017

And signed on their behalf by:
Mr Neal Kevin Avent, Director

ST ANDREWS PLACE MANAGEMENT (LIVERPOOL) LIMITED Registered Number 08638526

Notes to the Micro-entity Accounts for the period ended 31 August 2016

1Tangible fixed assets

	£
Cost
At 1 September 2015	9,217
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	9,217
Depreciation
At 1 September 2015	2,367
Charge for the year	1,713
On disposals	-
At 31 August 2016	4,080
Net book values
At 31 August 2016	5,137
At 31 August 2015	6,850

2Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Other accounting policies
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

3Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.