T.P.M. Management Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 01019536 (England and Wales)

T.P.M. Management Limited

(limited by guarantee, having no share

capital)

Unaudited Financial Statements

for the Year Ended 31 October 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K Bolton

Mr A Coffey

Mrs M A Durrant

Mrs J A Kerr

Mrs G Smith

Mrs B Hutton

SECRETARY:

REGISTERED OFFICE:

10 Victoria Road South

Southsea

Hampshire

PO5 2DA

REGISTERED NUMBER:

01019536 (England and Wales)

ACCOUNTANTS:

Barter Durgan

Chartered Accountants

10, Victoria Road South

Southsea

Hampshire

PO5 2DA

BANKERS:

National Westminster Bank

130 Commercial Road

Portsmouth

Hampshire

PO1 1EJ

SOLICITORS:

Biscoes Solicitors

15a Somerset House

Hussar Court

Waterlooville

Portsmouth

Hampshire

PO7 7SG

FIXED ASSETS

Tangible assets

4

30,773

43,829

CURRENT ASSETS

Debtors

5

1,437

1,222

Cash at bank and in hand

61,992

69,218

63,429

70,440

CREDITORS

Amounts falling due within one year

6

80,482

77,238

NET CURRENT LIABILITIES

(17,053

)

(6,798

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,720

37,031

PROVISIONS FOR LIABILITIES

7

-

468

NET ASSETS

13,720

36,563

RESERVES

Income and expenditure account

8

13,720

36,563

13,720

36,563

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 surplus or deficit 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 4 December 2017 and were signed on its behalf by:

Mrs M A Durrant - Director

Mrs B Hutton - Director

1.	STATUTORY INFORMATION

T.P.M. Management Limited is a private company, limited by guarantee , 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.

Turnover

Turnover represents the total amount of service income receivable

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

in accordance with the property

Fixtures and fittings

-

10% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

leasehold

fittings

Totals

£

£

£

COST

At 1 November 2016

and 31 October 2017

2,720

155,366

158,086

DEPRECIATION

At 1 November 2016

353

113,904

114,257

Charge for year

28

13,028

13,056

At 31 October 2017

381

126,932

127,313

NET BOOK VALUE

At 31 October 2017

2,339

28,434

30,773

At 31 October 2016

2,367

41,462

43,829

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Prepayments and accrued income

1,437

1,222

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Social security and other taxes

134

139

Loan - TPM Freehold

67,817

66,358

Maintenance charges in advance

2,020

245

Accrued expenses

10,511

10,496

80,482

77,238

7.	PROVISIONS FOR LIABILITIES

31.10.17

31.10.16

£

£

Deferred tax

Accelerated capital allowances

-

468

Deferred

tax

£

Balance at 1 November 2016

468

Accelerated capital allowances

(468

)

Balance at 31 October 2017

-

8.

RESERVES

Income

and

expenditure

account

£

At 1 November 2016

36,563

Deficit for the year

(22,843

)

At 31 October 2017

13,720

9.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

10.	SHARE CAPITAL

The company is limited by guarantee not having a share capital