Paddington Homes Management Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04913690 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

Paddington Homes Management Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S Sivakumaran

J Uthayakumar

SECRETARY:

S Sivakumaran

REGISTERED OFFICE:

4 Whitchurch Parade

Whitchurch Lane

Edgware

Middlesex

HA8 6LR

REGISTERED NUMBER:

04913690 (England and Wales)

ACCOUNTANTS:

Amity Management Consulting Ltd

Chartered Certified Accountants

04 Whitchurch Parade

Whitchurch Lane

Edgware

Middlesex

HA8 6LR

FIXED ASSETS

Tangible assets

2

467,398

CURRENT ASSETS

Debtors

3

188,414

183,514

Cash at bank

2,886

115

191,300

183,629

CREDITORS

Amounts falling due within one year

122,309

125,848

NET CURRENT ASSETS

68,991

57,781

TOTAL ASSETS LESS CURRENT
LIABILITIES

536,389

525,179

CREDITORS

Amounts falling due after more than one
year

288,933

331,395

NET ASSETS

247,456

193,784

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

247,454

193,782

SHAREHOLDERS' FUNDS

247,456

193,784

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 29 June 2017 and were signed on its
behalf by:

S Sivakumaran - Director

J Uthayakumar - 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.

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

-

25% on cost

Computer equipment

-

25% on cost

Deferred tax

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

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

480,833

DEPRECIATION

At 1 October 2015

and 30 September 2016

13,435

NET BOOK VALUE

At 30 September 2016

467,398

At 30 September 2015

467,398

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 188,414 (30.9.15 - £ 183,514

)

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

2

Ordinary

£ 1

2