MANORCROFT ESTATES LIMITED,Ltd - AccountsLtd - Accounts

MANORCROFT ESTATES LIMITED,Ltd - AccountsLtd - Accounts

MANORCROFT ESTATES LIMITED - Company Information

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2016-10-01 07384589 2017-09-30 07384589 2016-10-01 2017-09-30 07384589 2016-09-30 07384589 2015-10-01 2016-09-30 07384589 uk-core:WithinOneYear 2016-09-30 07384589 uk-core:WithinOneYear 2017-09-30 07384589 uk-core:ShareCapital 2017-09-30 07384589 uk-core:ShareCapital 2016-09-30 07384589 uk-core:RetainedEarningsAccumulatedLosses 2017-09-30 07384589 uk-core:RetainedEarningsAccumulatedLosses 2016-09-30 07384589 uk-bus:Director1 2016-10-01 2017-09-30 07384589 uk-core:ToolsEquipment 2016-10-01 2017-09-30 07384589 uk-core:FurnitureFittings 2016-10-01 2017-09-30 07384589 uk-core:ToolsEquipment 2016-09-30 07384589 uk-core:FurnitureFittings 2016-09-30 07384589 uk-core:FurnitureFittings 2017-09-30 07384589 uk-core:ToolsEquipment 2017-09-30 iso4217:GBP 07384589 uk-bus:AuditExemptWithAccountantsReport 2016-10-01 2017-09-30 07384589 uk-bus:FRS102 2016-10-01 2017-09-30 07384589 uk-bus:FullAccounts 2016-10-01 2017-09-30 07384589 uk-bus:PrivateLimitedCompanyLtd 2016-10-01 2017-09-30
MANORCROFT ESTATES LIMITED
Registered Number:07384589
For the year ended 30 September 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2017
MANORCROFT ESTATES LIMITED
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 30 September 2017
MANORCROFT ESTATES LIMITED
Statement of Financial Position
Registered Number :
07384589
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
666
1,333
2
666
1,333
Current assets
Trade and other receivables
719
1
3
1,300
Cash and cash equivalents
2,691
2,692
2,019
Trade and other payables: amounts falling due within one
year
(3,247)
(4,546)
4
(1,228)
(1,854)
Net current liabilities
Total assets less current liabilities
(1,188)
105
(1,188)
Net assets/liabilities
105
Capital and reserves
Called up share capital
1
1
Retained earnings
(1,189)
104
(1,188)
105
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
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.
Mr KEITH JOHN SMITH Director
These financial statements were approved and authorised for issue by the Board on 01 May 2018 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 September 2017
MANORCROFT ESTATES LIMITED
Notes to the Financial Statements
Statutory Information
MANORCROFT ESTATES LIMITED is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07384589.
Principal place of business:
The Old Rectory
Beck Lane
Shearsby
Lutterworth
LE17 6PN
Registered address:
West Walk House
99 Princess Road East
Leicester
Leicestershire
LE1 7LF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33.33% per annum on cost
Computer equipment
25% Straight line
Fixtures and fittings
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.
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5
For the year ended 30 September 2017
MANORCROFT ESTATES LIMITED
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 October 2016
2,400
2,000
400
At 30 September 2017
400
2,000
2,400
Provision for depreciation and impairment
At 01 October 2016
1,067
667
400
Charge for year
667
667
-
At 30 September 2017
1,734
1,334
400
At 30 September 2017
Net book value
-
666
666
At 30 September 2016
-
1,333
1,333
3. Trade and other receivables
2016
2017
£
£
Prepayments and accrued income
-
718
Other debtors
1
1
719
1
4. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Trade creditors
955
952
Accruals and deferred income
1,344
1,326
Directors' loan accounts
2,247
969
4,546
3,247
5. Related party transactions
The Ultimate Controlling Party is Mr. K. J. Smith, a director of the company.
6. Average number of persons employed
During the year the average number of employees was 1 (2016 : 1)
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