London Road (Pembroke)Man Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02115238 (England and Wales)

LONDON ROAD (PEMBROKE) MANAGEMENT

COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

5

DIRECTORS:

A F Smeaton

T N Needham

SECRETARY:

A F Smeaton

REGISTERED OFFICE:

26 Park Road

Melton Mowbray

Leicestershire

LE13 1TT

REGISTERED NUMBER:

02115238 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

26 Park Road

Melton Mowbray

Leicestershire

LE13 1TT

FIXED ASSETS

Property, plant and equipment

4

12,144

-

CURRENT ASSETS

Debtors

5

1,961

16,715

Cash at bank

35,965

37,208

37,926

53,923

CREDITORS

Amounts falling due within one year

6

34,916

35,125

NET CURRENT ASSETS

3,010

18,798

TOTAL ASSETS LESS CURRENT LIABILITIES

15,154

18,798

PROVISIONS FOR LIABILITIES

2,064

-

NET ASSETS

13,090

18,798

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

12,990

18,698

SHAREHOLDERS' FUNDS

13,090

18,798

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 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 Board of Directors on 25 September 2018 and were signed on its behalf by:

A F Smeaton - Director

1.	STATUTORY INFORMATION

London Road (Pembroke) Management Company Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Property, plant and equipment

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

Plant and machinery etc

-

20% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

£

COST

Additions

15,180

At 31 March 2018

15,180

DEPRECIATION

Charge for year

3,036

At 31 March 2018

3,036

NET BOOK VALUE

At 31 March 2018

12,144

The freehold was conveyed to the company on 23 August 1990 at no value, pursuant to the agreement

incorporated in the leases. In the opinion of the directors there is no value attaching to the freehold.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

1,101

1,155

Other debtors

-

15,000

Tax

675

-

Prepayments

185

560

1,961

16,715

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

20,336

20,532

Taxation

-

675

Other creditors

7,500

7,500

Accrued expenses

7,080

6,418

34,916

35,125

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

£1

100

100