Commercial Real Estate Management Limite - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06857511 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Commercial Real Estate Management

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A Mussarat

G E Lake

Mrs C Allen

REGISTERED OFFICE:

MCR House

341 Great Western Street

Rusholme

Manchester

UK

M14 5UD

REGISTERED NUMBER:

06857511 (England and Wales)

ACCOUNTANTS:

Uppal & Warr

Chartered Accountants

452 Manchester Road

Heaton Chapel

Stockport

SK4 5DL

FIXED ASSETS

Tangible assets

2

30,380

13,178

CURRENT ASSETS

Debtors

75,789

51,145

Cash at bank and in hand

78,813

64,480

154,602

115,625

CREDITORS

Amounts falling due within one year

191,333

125,298

NET CURRENT LIABILITIES

(36,731

)

(9,673

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,351

)

3,505

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(6,451

)

3,405

SHAREHOLDERS' FUNDS

(6,351

)

3,505

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 30 October 2014 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 April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Freehold property

-

not provided

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% 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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

34,032

Additions

32,327

Disposals

(18,957

)

At 31 March 2014

47,402

DEPRECIATION

At 1 April 2013

20,854

Charge for year

13,240

Eliminated on disposal

(17,072

)

At 31 March 2014

17,022

NET BOOK VALUE

At 31 March 2014

30,380

At 31 March 2013

13,178

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

1

100

100