Max16 Management Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 05546746 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2017

for

Max16 Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Collinge

R E Blomberg

SECRETARY:

J A Hunt

REGISTERED OFFICE:

9 Denmans Close

Lindfield

West Sussex

RH16 2JX

REGISTERED NUMBER:

05546746 (England and Wales)

ACCOUNTANTS:

Pursglove & Brown

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

CURRENT ASSETS

Debtors

3

100

100

Investments

4

2,045

2,045

Cash at bank

1,633

757

3,778

2,902

CREDITORS

Amounts falling due within one year

5

(363

)

(337

)

NET CURRENT ASSETS

3,415

2,565

TOTAL ASSETS LESS CURRENT LIABILITIES

3,415

2,565

CAPITAL AND RESERVES

Called up share capital

6

1,874

1,100

Share premium

1,883

1,360

Retained earnings

(342

)

105

SHAREHOLDERS' FUNDS

3,415

2,565

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2017 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 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 29 September 2017 and were signed on its behalf by:

P Collinge - Director

1.	STATUTORY INFORMATION

Max16 Management Limited is a private company, limited by shares , 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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest

£1.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.17

31.8.16

£

£

Other debtors

100

100

4.	CURRENT ASSET INVESTMENTS

31.8.17

31.8.16

£

£

Short term investments b/f

2,045

2,045

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.17

31.8.16

£

£

Trade creditors

(1

)

-

Other creditors

364

337

363

337

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.17

31.8.16

value:

£

£

1,874

Ordinary

£1.00

1,874

1,100

During the year 774 ordinary £1 shares were issued for cash consideration of £1,297.

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31 August 2017 a Director of the company owed the company £100 (2016 - £100) in respect of an interest free loan,

repayable on demand.

8.	FIRST YEAR ADOPTION

These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 September

2015. No transitional adjustments were required on equity or profit and loss for the year.