Montpellier Parade Limited - Limited company accounts 16.1

REGISTERED NUMBER: 03664163 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2015

FOR

MONTPELLIER PARADE LIMITED

Page

Company Information

1

Report of the Directors

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

K J Crawley

Ms V Gregory

Ms M T Henry

P H Meyrick

J Pearson

S E Wright

SECRETARY:

Town & City Secretaries Ltd

REGISTERED OFFICE:

2nd Floor

North Point

Faverdale North

Darlington

Co. Durham

DL3 0PH

REGISTERED NUMBER:

03664163 (England and Wales)

ACCOUNTANTS:

Stephenson Nuttall & Co

Chartered Accountants

Ossington Chambers

6-8 Castle Gate

Newark

Nottinghamshire

NG24 1AX

The directors present their report with the financial statements of the company for the year ended 31st December 2015.

DIRECTORS

The directors shown below have held office during the whole of the period from 1st January 2015 to the date of this

report.

K J Crawley

Ms V Gregory

Ms M T Henry

P H Meyrick

J Pearson

S E Wright

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

S E Wright - Director

27th September 2016

INCOME

15,638

23,560

Service charge expenditure

8,825

6,964

OPERATING PROFIT

2

6,813

16,596

Interest receivable and similar income

9

-

PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION

6,822

16,596

Tax on profit on ordinary activities

3

2

-

PROFIT FOR THE FINANCIAL YEAR

6,820

16,596

CURRENT ASSETS

Debtors

4

34,895

29,012

CREDITORS

Amounts falling due within one year

5

34,769

17,759

NET CURRENT ASSETS

126

11,253

TOTAL ASSETS LESS CURRENT
LIABILITIES

126

11,253

CAPITAL AND RESERVES

Called up share capital

6

Profit and loss account

7

120

11,247

SHAREHOLDERS' FUNDS

126

11,253

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2015 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the Board of Directors on 27th September 2016 and were signed on its
behalf by:

S E Wright - 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 January 2015).

Income

Income comprises service charge contributions and ground rents receivable from lessee on trust and are therefore

not turnover.

2.	OPERATING PROFIT

The operating profit is stated after charging:

31/12/15

31/12/14

£

Directors' remuneration and other benefits etc

-

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the year was as follows:

31/12/15

31/12/14

£

Current tax:

UK corporation tax

2

-

Tax on profit on ordinary activities

2

-

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/15

31/12/14

£

Trade debtors

5,966

11,234

Other debtors

28,929

17,778

34,895

29,012

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/15

31/12/14

£

Trade creditors

1,062

1,790

Other creditors

33,707

15,969

34,769

17,759

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/15

31/12/14

value:

£

6

Ordinary £1

£1

6

7.

RESERVES

Profit

and loss

account

£

At 1st January 2015

11,247

Profit for the year

6,820

Transfer to Reserve Fund

(6,700

)

Transfer to Service Charge Account

(11,247

)

At 31st December 2015

120

8.	CONTINGENT LIABILITIES

The company had no contingent liabilities at 31st December 2015 (2014 -None).