Lifesector Property Management Ltd - Accounts to registrar (filleted) - small 17.3

Lifesector Property Management Ltd - Accounts to registrar (filleted) - small 17.3

LIFESECTOR PROPERTY MANAGEMENT LIMITED - Company Information

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REGISTERED NUMBER: 02441113 (England and Wales)
























LIFESECTOR PROPERTY MANAGEMENT LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017






LIFESECTOR PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 02441113)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LIFESECTOR PROPERTY MANAGEMENT LTD

COMPANY INFORMATION
For The Year Ended 31 March 2017







DIRECTOR: Mr P Ludlam





SECRETARY: B M Kindlon





REGISTERED OFFICE: Unit 2
Westmoreland House
Cumberland Park
London
London
NW10 6RE





REGISTERED NUMBER: 02441113 (England and Wales)





ACCOUNTANTS: Haines Watts (SEM) Limited
42 High Street
Flitwick
Bedfordshire
MK45 1DU
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LIFESECTOR PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 02441113)

BALANCE SHEET
31 March 2017

2017 2016
Notes £    £   
CURRENT ASSETS
Debtors 3 217 75
Cash at bank 167 2,732
384 2,807
CREDITORS
Amounts falling due within one year 4 384 2,807
TOTAL ASSETS LESS CURRENT
LIABILITIES
-
-


RESERVES - -

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 20 December 2017 and were signed by:





Mr P Ludlam - Director


The notes form part of these financial statements

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LIFESECTOR PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 02441113)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2017


1. STATUTORY INFORMATION

Lifesector Property Management Ltd 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.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A
These financial statements for the year ended 31 March 2017 are the first that are prepared in accordance with
FRS 102 Section 1A. The previous financial statements were prepared in accordance with UK GAAP, the date
of transition to FRS 102 Section 1A is 1 April 2015.

Turnover
Turnover represents the amount receivable from the lessees of Warwick Lodge in respect of levies charges to
recover expenses and ground rent. It has been derived from its principal activity wholly undertaken in the UK.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Members contribution due 142 -
Prepayments 75 75
217 75

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Members contributions paid in
advance - 2,463
Accrued expenses 384 344
384 2,807

5. ULTIMATE CONTROLLING PARTY

The controlling party is Mr P Ludlam.

6. LIMITED BY GUARANTEE

The company is limited by guarantee and has no share capital.

7. FIRST YEAR ADOPTION

The company has adopted FRS 102 for the first time in the year ended 31 March 2017.

The effect of the transition from the previous financial reporting framework to FRS 102 has been considered.

There has been no material impact in relation to the following:

- changes in accounting policies
- comparative year profit or loss

On that basis, no restatement has been undertaken.

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