Coast Mansfield Limited - Limited company - abbreviated - 11.6
Coast Mansfield Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 30 April 2013 |
| for |
| Coast Mansfield Limited |
| Coast Mansfield Limited (Registered number: 01909630) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 April 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Report of the Accountants | 5 |
| Coast Mansfield Limited |
| Company Information |
| for the Year Ended 30 April 2013 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Coast Mansfield Limited (Registered number: 01909630) |
| Abbreviated Balance Sheet |
| 30 April 2013 |
| 30.4.13 | 30.4.12 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investment property | 2 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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 were approved by the director on |
| Coast Mansfield Limited (Registered number: 01909630) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 April 2013 |
| 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). |
| Investment property |
| Investment properties are included in the balance sheet at market value as valued by its |
| director's. |
| No depreciation is provided in respect of freehold investment properties. Although the |
| Companies Act 2006 would normally require the systematic annual depreciation of fixed |
| assets, the directors believe that this policy of not providing depreciation is necessary in |
| order for the accounts to give a true and fair view, since the current value of investment |
| properties, and changes in that current value, are of prime importance rather than a |
| calculation of systematic annual depreciation. Depreciation is only one of the many factors |
| reflected in the annual valuation, and the amount which might otherwise have been shown |
| cannot be separately identified or quantified. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not |
| reversed at the balance sheet date. |
| 2. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| At 1 May 2012 |
| and 30 April 2013 |
| NET BOOK VALUE |
| At 30 April 2013 |
| At 30 April 2012 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.4.13 | 30.4.12 |
| value: | £ | £ |
| Ordinary | £1 |
| 4. | ULTIMATE PARENT COMPANY |
| The company is a wholly owned subsidiary of Coast Properties & Finance Limited. The |
| ultimate parent company is Lincoln Investments Plc. (In Liquidation) a company under the |
| control of D Scott & A Scott. |
| Coast Mansfield Limited (Registered number: 01909630) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 April 2013 |
| 5. | RELATED PARTY DISCLOSURES |
| At the year end, the company owed it's parent company, Coast Properties Finance Limited |
| £5,134,158 (2012- £5,025,162). |
| Coast Mansfield Limited |
| Report of the Accountants to the Director of |
| Coast Mansfield Limited |
| The following reproduces the text of the report prepared for the director in respect of the |
| company's annual unaudited financial statements, from which the unaudited abbreviated |
| accounts (set out on pages two to four) have been prepared. |
| As described on the balance sheet you are responsible for the preparation of the financial |
| statements for the year ended 30 April 2013 set out on pages nil to nil and you consider that the |
| company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in |
| order to assist you to fulfil your statutory responsibilities, from the accounting records and |
| information and explanations supplied to us. |
| 24 July 2015 |