Company Registration No. 08022522 (England and Wales)
Market Place Newbury Ltd
Unaudited accounts
for the year ended 30 April 2017
Market Place Newbury Ltd
Unaudited accounts
Contents
Market Place Newbury Ltd
Company Information
for the year ended 30 April 2017
Company Number
08022522 (England and Wales)
Registered Office
99 CLAPTON COMMON
LONDON
E5 9AB
ENGLAND
Market Place Newbury Ltd
Statement of financial position
as at 30 April 2017
Investment property
843,307
843,307
Cash at bank and in hand
98,489
67,726
Creditors: amounts falling due within one year
(844,909)
(801,114)
Net current liabilities
(742,453)
(731,601)
Net assets
100,854
111,706
Called up share capital
1
1
Profit and loss account
100,853
111,705
Shareholders' funds
100,854
111,706
For the year ending 30 April 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 17 January 2018.
Jacob Dreyfuss
Director
Company Registration No. 08022522
Market Place Newbury Ltd
Notes to the Accounts
for the year ended 30 April 2017
Market Place Newbury Ltd is a private company, limited by shares, registered in England and Wales, registration number 08022522. The registered office is 99 CLAPTON COMMON, LONDON, E5 9AB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 April 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 May 2016
843,307
6
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
326,078
318,752
Taxes and social security
10,026
11,118
Other creditors
507,245
470,294
7
Average number of employees
During the year the average number of employees was 0 (2016: 0).
