CHARLOTTE STREET (MANCHESTER) LIMITED Small abbreviated accounts

CHARLOTTE STREET (MANCHESTER) LIMITED - Company Information

FY Private Limited Company Company accounts 2017-08-31 2017-08-31 false true false false false false false false false false false false true true 2015-12-01 true xbrli:pure xbrli:shares iso4217:GBP 08792004 2015-12-01 2016-11-30 08792004 2016-11-30 08792004 2015-11-30 08792004 uk-bus:OrdinaryShareClass1 2015-12-01 2016-11-30 08792004 uk-bus:Director1 2015-12-01 2016-11-30 08792004 uk-gaap:AllSubsidiaries 2015-12-01 2016-11-30 08792004 uk-bus:OrdinaryShareClass1 2016-11-30 08792004 uk-bus:OrdinaryShareClass1 2015-11-30 08792004 uk-lang:English 2015-12-01 2016-11-30 08792004 uk-curr:PoundSterling 2015-12-01 2016-11-30

COMPANY REGISTRATION NUMBER 08792004

CHARLOTTE STREET (MANCHESTER) LIMITED

UNAUDITED ABBREVIATED ACCOUNTS

30 November 2016

CHARLOTTE STREET (MANCHESTER) LIMITED

ABBREVIATED BALANCE SHEET

30 November 2016

		2016		2015
Note		£	£	£
FIXED ASSETS	2
Tangible assets			729,856	729,856
			-----------	-----------

CURRENT ASSETS

Debtors		-		7,159
Cash at bank and in hand		50,820		1,056
		---------		--------
		50,820		8,215
CREDITORS: Amounts falling due within one year	3	60,398		676,269
		---------		-----------
NET CURRENT LIABILITIES			( 9,578)	( 668,054)
			-----------	-----------
TOTAL ASSETS LESS CURRENT LIABILITIES			720,278	61,802

CREDITORS: Amounts falling due after more than one year	847,114	107,909
	-----------	-----------
	( 126,836)	( 46,107)
	-----------	-----------

CAPITAL AND RESERVES

Called up equity share capital	4	100	100
Profit and loss account		( 126,936)	( 46,207)
		-----------	---------
DEFICIT		( 126,836)	( 46,107)
		-----------	---------

For the year ended 30 November 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

These abbreviated accounts were approved by the directors and authorised for issue on 30 August 2017 , and are signed on their behalf by:

Atul Shahshikant Malde Director

Company Registration Number: 08792004

CHARLOTTE STREET (MANCHESTER) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

YEAR ENDED 30 NOVEMBER 2016

1. ACCOUNTING POLICIES

Basis of accounting

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). The company had net liabilities as at 30 November 2016 of £ 74,405 (2015 ££45,957)and the company continues to receive support from its creditors and the director considers it appropriate to prepare the accounts on a going concern basis.

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year.

Fixed assets

All fixed assets are initially recorded at cost.

Investment properties

Investment property is shown at the open market value. The surplus or deficit arising from the annual revaluation is transferred to the investment revaluation reserve unless a deficit or is reversal,on an individual investment property is expected to be permanent,in which case it is recognised in the profit and loss account.

This is in accordance with the FRSSE which,unlike Schedule 4 to the companies Act 1985 and as amended under Companies Act 2006, does not require depreciation of the investment properties.Investment properties are held for their investment potential and not for use by the company and so their current value is of prime importance. The departure from the provisions of the Act is required in order to give a true and fair value.

2. FIXED ASSETS

	Tangible Assets
	£

COST

At 1 December 2015 and 30 November 2016	729,856
	-----------

DEPRECIATION	–
	-----------

NET BOOK VALUE

At 30 November 2016	729,856
	-----------

At 30 November 2015	729,856
	-----------

3. CREDITORS: Amounts falling due within one year

The following liabilities disclosed under creditors falling due within one year are secured by the company:

	2016	2015
	£	£
Debenture loans	58,878	675,519
Secured debt < 1 Yr: Other heading using a/cs desc	527,480	-
	-----------	-----------
	586,358	675,519
	-----------	-----------

4. SHARE CAPITAL

Allotted, called up and fully paid:

	2016		2015
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
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