35 Monnery Road Limited Accounts

35 MONNERY ROAD LIMITED - Company Information






35 Monnery Road Limited
	Company No. 06504233
		Information for Filing with The Registrar
		31 March 2017

The Directors present their report and the accounts for the year ended 31 March 2017.

Principal activities
The principal activity of the company during the year under review was Management of 35 Monnery Road.




Directors

The Directors who served at any time during the year were as follows:

G. Jackson
K. Ollerhead
S. Passamonte

































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

G. Jackson
Director
31 March 2017

at	31 March 2017

Company No.		06504233	Notes	2017	2016
				£	£
Fixed assets

	Tangible assets		2	4,477	4,477


				4,477	4,477
Current assets

	Debtors		3	2,170	2,104

	Cash at bank and in hand			632	444
				2,802	2,548
Creditors: Amount falling due within one year			4	(2,802)	(2,548)

Total assets less current liabilities				4,477	4,477




Net assets				4,477	4,477

Reserves

	Other reserves		5	4,477	4,477


Total equity				4,477	4,477


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 March 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's income and expenditure account.

Approved by the board on 31 March 2017

And signed on its behalf by:

G. Jackson
Director
31 March 2017

for the year ended 31 March 2017

Accounting policies

Basis of preparation

The accounts have been prepared in accordance with FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Companies Act 2006 . There were no material departures from that standard.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2	Tangible fixed assets
			Land and buildings	Total
			£	£
		Cost or revaluation
		At 1 April 2016	4,477	4,477




		At 31 March 2017	4,477	4,477







		Net book values
		At 31 March 2017	4,477	4,477
		At 31 March 2016	4,477	4,477

3	Debtors
			2017	2016
			£	£





		Loans to directors	2,170	2,104


			2,170	2,104

4	Creditors:
		amounts falling due within one year
			2017	2016
			£	£







		Loans from directors	2,651	2,271
		Other creditors	150	276
		Accruals and deferred income	1	1
			2,802	2,548

5	Reserves
			Other reserves	Total other reserves
			£	£
		At 1 April 2015	4,477	4,477



		At 31 March 2016 and 1 April 2016	4,477	4,477



		At 31 March 2017	4,477	4,477


		Other reserves - .

Related party disclosures

Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Additional information

Its registered number is:

06504233

Its registered office is:

35 Monnery Road Ltd

35 Monnery Road

Tufnell Park

London

N19 5SA