Malvern Property Management Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04006564

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Malvern Property Management Limited

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

Mr S P Spacie

Mrs C S Spacie

SECRETARY:

Mrs C S Spacie

REGISTERED OFFICE:

The Gables

33 Richmond Road

Malvern

Worcestershire

WR14 1NE

REGISTERED NUMBER:

04006564

ACCOUNTANTS:

Duncan King FCA

2 MacNeice Drive

Barton Park

Marlborough

Wiltshire

SN8 1TR

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages three to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Malvern Property Management Limited for the year ended

31 March 2014 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from

the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we

are subject to its ethical and other professional requirements which are detailed at

icaew.com/membershandbook.

This report is made solely to the Board of Directors of Malvern Property Management Limited, as a body, in

accordance with the terms of our engagement letter dated 3 December 2009. Our work has been undertaken

solely to prepare for your approval the financial statements of Malvern Property Management Limited and

state those matters that we have agreed to state to the Board of Directors of Malvern Property Management

Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the

fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company

and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Malvern Property Management Limited has kept adequate accounting records

and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial

position and profit of Malvern Property Management Limited. You consider that Malvern Property

Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Malvern Property

Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting

records or information and explanations you have given to us and we do not, therefore, express any opinion

on the statutory financial statements.

Duncan King FCA

2 MacNeice Drive

Barton Park

Marlborough

Wiltshire

SN8 1TR

31 December 2014

FIXED ASSETS

Tangible assets

2

1,477

2,215

CURRENT ASSETS

Debtors

2,443

4,392

Cash at bank

3,977

1,749

6,420

6,141

CREDITORS

Amounts falling due within one year

6,609

6,981

NET CURRENT LIABILITIES

(189

)

(840

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,288

1,375

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

1,286

1,373

SHAREHOLDERS' FUNDS

1,288

1,375

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22 December 2014 and were signed on its behalf by:

Mr S P Spacie - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

5,022

DEPRECIATION

At 1 April 2013

2,807

Charge for year

738

At 31 March 2014

3,545

NET BOOK VALUE

At 31 March 2014

1,477

At 31 March 2013

2,215

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

2

Ordinary

£1

2

2