Market House Management Company (Kingsbr - Accounts to registrar - small 17.2

REGISTERED NUMBER: 07964176 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

Market House Management Company

(Kingsbridge) Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

Directors:

D Came

S Read

Registered office:

Abacus House

129 North Hill

Plymouth

Devon

PL4 8JY

Business address:

3 South Place

The Promenade

Kingsbridge

Devon

TQ7 1JE

Registered number:

07964176 (England and Wales)

Accountants:

Nigel Webster & Co

129 North Hill

Plymouth

Devon

PL4 8JY

Fixed assets

Tangible assets

3

6,301

6,301

Current assets

Debtors

4

250

188

Cash at bank

3

3

253

191

Creditors

Amounts falling due within one year

5

7,734

7,442

Net current liabilities

(7,481

)

(7,251

)

Total assets less current liabilities

(1,180

)

(950

)

Capital and reserves

Called up share capital

6

2

2

Retained earnings

(1,182

)

(952

)

Shareholders' funds

(1,180

)

(950

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 15 December 2017 and were signed on its behalf by:

S Read - Director

1.	STATUTORY INFORMATION

Market House Management Company (Kingsbridge) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 amounts receivable in respect of service charges and are

accounted for in the period covered by the service charge.

Tangible fixed assets

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

Land and buildings

-

not depreciated - see below

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price),

less any impairment losses for bad and doubtful debts. Loans and other financial assets are

initially recognised at transaction price including any transaction costs and subsequently

measured at amortised cost determined using the effective interest method, less any

impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price).

Loans and other financial liabilities are initially recognised at transaction price net of any

transaction costs and subsequently measured at amortised cost determined using the

effective interest method.

3.	TANGIBLE FIXED ASSETS

Freehold

property

£

Cost

At 1 April 2016

and 31 March 2017

6,301

Net book value

At 31 March 2017

6,301

At 31 March 2016

6,301

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

250

188

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other creditors

7,734

7,442

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

2

Ordinary shares

£1

2

2