New Future Properties Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05328760 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 January 2016

for

New Future Properties Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P Rowley

G Szilagy

R J Moore

R G Lowe

SECRETARY:

R G Lowe

REGISTERED OFFICE:

Walker Suite 1

Centrix@Connect Business Village

24 Derby Road

Liverpool

L5 9PR

REGISTERED NUMBER:

05328760 (England and Wales)

ACCOUNTANTS:

Wilson Henry LLP

145 Edge Lane

Liverpool

Merseyside

L7 2PF

FIXED ASSETS

Tangible assets

2

328,747

CURRENT ASSETS

Debtors

581

-

Cash at bank

18,174

10,144

18,755

10,144

CREDITORS

Amounts falling due within one year

2,375

1,000

NET CURRENT ASSETS

16,380

9,144

TOTAL ASSETS LESS CURRENT
LIABILITIES

345,127

337,891

CREDITORS

Amounts falling due after more than one
year

3

341,109

341,149

NET ASSETS/(LIABILITIES)

4,018

(3,258

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

3,918

(3,358

)

SHAREHOLDERS' FUNDS

4,018

(3,258

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 31 October 2016 and were signed on its
behalf by:

G Szilagy - 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).

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year.

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 February 2015

and 31 January 2016

328,747

NET BOOK VALUE

At 31 January 2016

328,747

At 31 January 2015

328,747

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

2016

2015

£

Repayable otherwise than by instalments

341,109

341,149

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100