Neptune (Tudor Road) General Partner Limited iXBRL

NEPTUNE (TUDOR ROAD) GENERAL PARTNER LIMITED - Company Information

Neptune (Tudor Road) General Partner Limited

Unaudited Financial Statements

for the year ended 31 December 2016

Neptune (Tudor Road) General Partner Limited

DIRECTORS AND OTHER INFORMATION


Directors	Patrick Heffron
	Creighton Boyd


Company Secretary	Creighton Boyd


Company Number	06408525


Registered Office and Business Address	14 Holywell Row
	London
	EC2A 4JB
	United Kingdom


Accountants	PGR Accountants Limited
	Chartered Accountants
	Unit 2 Channel Wharf
	21 Old Channel Road
	Belfast
	Co. Antrim
	BT3 9DE
	Northern Ireland

Neptune (Tudor Road) General Partner Limited

Company Number: 06408525

BALANCE SHEET

as at 31 December 2016

2016

2015

Notes

Creditors: Amounts falling due within one year

(1,277)

(952)

─────────

Net Current Liabilities

(1,277)

(952)

─────────

Total Assets less Current Liabilities

(1,277)

(952)

═════════

Capital and Reserves

Called up share capital

Profit and Loss Account

(1,279)

(954)

─────────

Equity attributable to owners of the company

(1,277)

(952)

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.

For the financial year ended 31 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 22 September 2017 and signed on its behalf by


________________________________
Patrick Heffron
Director

Neptune (Tudor Road) General Partner Limited

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 December 2016

GENERAL INFORMATION

Neptune (Tudor Road) General Partner Limited is a company limited by shares incorporated in United Kingdom

ACCOUNTING POLICIES

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company’s financial statements.

Statement of compliance

The financial statements of the company for the year ended 31 December 2016 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006. These are the company's first set of financial statements prepared in accordance with FRS 102.

Basis of preparation

The financial statements have been prepared under the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets. The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Cash flow statement

The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Cash Flow Statement because it is classified as a small company.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

ADOPTION OF FRS 102 SECTION 1A

This is the first set of financial statements prepared by Neptune (Tudor Road) General Partner Limited in accordance with accounting standards issued by the Financial Reporting Council, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” Section 1A (Small Entities). The company transitioned from previously extant Irish and UK GAAP to FRS 102 Section 1A as at 1 January 2015.

EMPLOYEES

The average monthly number of employees, including directors, during the year was as follows:


5.	CREDITORS	2016	2015
	Amounts falling due within one year	£	£

	Other creditors	1,277	952
		═════════	═════════


6.	RELATED PARTY CREDITORS

	As at 31 December 2016 the company owed the following amounts:-

		2016	2015
		£	£

	Entities over which the entity has significant influence	1,277	952
		═════════	═════════