MANN PROPERTIES LTD
|
Registered number: |
03200659
|
Abbreviated Balance Sheet |
as at 31 July 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
728 |
|
|
728 |
Investments |
3 |
|
|
2,966,069 |
|
|
2,966,069 |
|
|
|
|
2,966,797 |
|
|
2,966,797 |
|
Current assets |
Debtors |
|
|
1,041 |
|
|
1,042 |
Cash at bank and in hand |
|
|
268,019 |
|
|
215,026 |
|
|
|
269,060 |
|
|
216,068 |
|
Creditors: amounts falling due within one year |
|
|
(310,276) |
|
|
(251,595) |
|
Net current liabilities |
|
|
|
(41,216) |
|
|
(35,527) |
|
Total assets less current liabilities |
|
|
|
2,925,581 |
|
|
2,931,270 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(1,911,369) |
|
|
(1,947,001) |
|
|
|
Net assets |
|
|
|
1,014,212 |
|
|
984,269 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
5 |
|
|
2 |
|
|
2 |
Revaluation reserve |
|
|
|
308,283 |
|
|
308,283 |
Profit and loss account |
|
|
|
705,927 |
|
|
675,984 |
|
Shareholders' funds |
|
|
|
1,014,212 |
|
|
984,269 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
MR M MANN |
Director |
Approved by the board on 20 April 2016
|
|
MANN PROPERTIES LTD
|
Notes to the Abbreviated Accounts |
for the year ended 31 July 2015
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation on freehold properties has not been provided as these are the investment properties. |
|
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 August 2014 |
728 |
|
At 31 July 2015 |
728 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 July 2015 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2015 |
728 |
|
At 31 July 2014 |
728 |
|
|
|
|
|
|
|
|
3 |
Investments |
£ |
|
|
Cost |
|
At 1 August 2014 |
2,966,069 |
|
|
At 31 July 2015 |
2,966,069 |
|
|
|
|
|
|
|
4 |
Loans |
2015 |
|
2014 |
£ |
£ |
|
Creditors include: |
|
Amounts falling due for payment after more than five years |
1,753,404 |
|
1,763,609 |
|
|
|
|
|
|
|
|
|
|
5 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|