Manmare Ltd - Accounts to registrar (filleted) - small 17.3

Manmare Ltd - Accounts to registrar (filleted) - small 17.3

MANMARE LTD - Company Information

Print Friendly Version

IRIS Accounts Production v17.3.1.106 04998253 director 1.1.16 31.12.16 31.12.16 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure049982532015-12-31049982532016-12-31049982532016-01-012016-12-31049982532014-12-31049982532015-01-012015-12-31049982532015-12-3104998253ns15:EnglandWales2016-01-012016-12-3104998253ns14:PoundSterling2016-01-012016-12-3104998253ns10:Director12016-01-012016-12-3104998253ns10:PrivateLimitedCompanyLtd2016-01-012016-12-3104998253ns10:SmallEntities2016-01-012016-12-3104998253ns10:AuditExempt-NoAccountantsReport2016-01-012016-12-3104998253ns10:SmallCompaniesRegimeForDirectorsReport2016-01-012016-12-3104998253ns10:SmallCompaniesRegimeForAccounts2016-01-012016-12-3104998253ns10:FullAccounts2016-01-012016-12-3104998253ns10:OrdinaryShareClass12016-01-012016-12-3104998253ns10:CompanySecretary12016-01-012016-12-3104998253ns10:RegisteredOffice2016-01-012016-12-3104998253ns5:CurrentFinancialInstruments2016-12-3104998253ns5:CurrentFinancialInstruments2015-12-3104998253ns5:ShareCapital2016-12-3104998253ns5:ShareCapital2015-12-3104998253ns5:RevaluationReserve2016-12-3104998253ns5:RevaluationReserve2015-12-3104998253ns5:RetainedEarningsAccumulatedLosses2016-12-3104998253ns5:RetainedEarningsAccumulatedLosses2015-12-3104998253ns5:FurnitureFittings2016-01-012016-12-3104998253ns5:FurnitureFittings2015-12-3104998253ns5:FurnitureFittings2016-12-3104998253ns5:FurnitureFittings2015-12-3104998253ns10:OrdinaryShareClass12016-12-3104998253ns5:RetainedEarningsAccumulatedLosses2015-12-3104998253ns5:RevaluationReserve2015-12-3104998253ns5:RetainedEarningsAccumulatedLosses2016-01-012016-12-31


REGISTERED NUMBER: 04998253 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

MANMARE LTD
MANMARE LTD (REGISTERED NUMBER: 04998253)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


MANMARE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2016







DIRECTOR: I Babad





SECRETARY: Mrs R Babad





REGISTERED OFFICE: 115 Craven Park Road
London
N15 6BL





REGISTERED NUMBER: 04998253 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL
Page 1
MANMARE LTD (REGISTERED NUMBER: 04998253)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2016

31.12.16 31.12.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 118 139
Investment property 4 1,000,000 675,926
1,000,118 676,065

CREDITORS
Amounts falling due within one year 5 751,046 709,165
NET CURRENT LIABILITIES (751,046 ) (709,165 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
249,072
(33,100
)

CAPITAL AND RESERVES
Called up share capital 6 1 1
Revaluation reserve 7 269,074 -
Retained earnings 7 (20,003 ) (33,101 )
SHAREHOLDERS' FUNDS 249,072 (33,100 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 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 director on 21 December 2017 and were signed by:





I Babad - Director


The notes form part of these financial statements

Page 2
MANMARE LTD (REGISTERED NUMBER: 04998253)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016

1. STATUTORY INFORMATION

Manmare Ltd 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 as modified by the revaluation of certain assets.

Changes in accounting policies
The company has adopted FRS 102 Section 1A for the first time in the preparation of these accounts.
Accordingly the date of transition to FRS 102 was 1 January 2015 (beginning of the accounting period of
comparative financial year).

There are no material differences in determining the company's profit and loss under FRS 102 Section 1A and
the previous framework the company adopted (the Financial Reporting Standard for Smaller Entities (effective
January 2015)).

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

Investment property - depreciation
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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.

Page 3 continued...
MANMARE LTD (REGISTERED NUMBER: 04998253)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016

3. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2016
and 31 December 2016 602
DEPRECIATION
At 1 January 2016 463
Charge for year 21
At 31 December 2016 484
NET BOOK VALUE
At 31 December 2016 118
At 31 December 2015 139

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2016 675,926
Additions 55,000
Revaluations 269,074
At 31 December 2016 1,000,000
NET BOOK VALUE
At 31 December 2016 1,000,000
At 31 December 2015 675,926

Fair value at 31 December 2016 is represented by:

£   
Valuation in 2016 269,074
Cost 730,926
1,000,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Taxation and social security 5,404 3,651
Other creditors 745,642 705,514
751,046 709,165

Page 4 continued...
MANMARE LTD (REGISTERED NUMBER: 04998253)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.16 31.12.15
value: £    £   
1 Ordinary £1 1 1

7. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 January 2016 (33,101 ) - (33,101 )
Profit for the year 282,172 282,172
Revaluation reserve (269,074 ) 269,074 -
At 31 December 2016 (20,003 ) 269,074 249,071

8. ULTIMATE CONTROLLING PARTY

Bariville Investments Ltd

Page 5