Mereford Developments Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 04512045 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2016

for

Mereford Developments Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C Allen

G E Lake

SECRETARY:

k Hussain

REGISTERED OFFICE:

Universal Square

Building 2

3rd floor

Devonshire Street North

M12 6JH

REGISTERED NUMBER:

04512045 (England and Wales)

ACCOUNTANTS:

Uppal & Warr

Chartered Accountants

452 Manchester Road

Heaton Chapel

Stockport

SK4 5DL

FIXED ASSETS

Intangible assets

2

1

Tangible assets

3

1,705,293

1,716,992

1,705,294

1,716,993

CURRENT ASSETS

Debtors

19,982

9,612

Cash at bank and in hand

-

13,738

19,982

23,350

CREDITORS

Amounts falling due within one year

792,677

808,627

NET CURRENT LIABILITIES

(772,695

)

(785,277

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

932,599

931,716

CREDITORS

Amounts falling due after more than one
year

864,088

929,790

NET ASSETS

68,511

1,926

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

68,509

1,924

SHAREHOLDERS' FUNDS

68,511

1,926

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 15 February 2017 and were signed on its behalf
by:

G E Lake - 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

Turnover represents rental income from the property.

Tangible fixed assets

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

Land and buildings

-

not provided

Plant and machinery etc

-

at variable rates on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

1

NET BOOK VALUE

At 31 August 2016

1

At 31 August 2015

1

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

1,975,112

DEPRECIATION

At 1 September 2015

258,120

Charge for year

11,699

At 31 August 2016

269,819

NET BOOK VALUE

At 31 August 2016

1,705,293

At 31 August 2015

1,716,992

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

2

Ordinary

£1

2