pinacle 6.0
2017.03.01
HOTEL AND MANCHESTER SERVICEFLATS LIMITED
1302808
2016-04-01
2017-03-31
false
1302808
frs:CurrentFinancialInstruments
frs:WithinOneYear
2017-03-31
1302808
frs:CurrentFinancialInstruments
2017-03-31
1302808
frs:Non-currentFinancialInstruments
frs:AfterOneYear
2017-03-31
1302808
2017-03-31
1302808
frs:RetainedEarningsAccumulatedLosses
2017-03-31
1302808
frs:RevaluationReserve
2017-03-31
1302808
frs:ShareCapital
2017-03-31
1302808
2017-03-31
1302808
uk-bus:AuditExempt-NoAccountantsReport
2016-04-01
2017-03-31
1302808
uk-bus:Director1
2016-04-01
2017-03-31
1302808
frs:OwnedOrFreeholdAssets
2016-04-01
2017-03-31
1302808
uk-bus:FullAccounts
2016-04-01
2017-03-31
1302808
frs:FurnitureFittingsToolsEquipment
2016-04-01
2017-03-31
1302808
2016-04-01
2017-03-31
1302808
uk-bus:OrdinaryShareClass1
2016-04-01
2017-03-31
1302808
frs:PlantMachinery
2016-04-01
2017-03-31
1302808
uk-bus:PrivateLimitedCompanyLtd
2016-04-01
2017-03-31
1302808
uk-bus:SmallEntities
2016-04-01
2017-03-31
1302808
2016-04-01
2017-03-31
1302808
frs:CurrentFinancialInstruments
frs:WithinOneYear
2016-03-31
1302808
frs:CurrentFinancialInstruments
2016-03-31
1302808
frs:Non-currentFinancialInstruments
frs:AfterOneYear
2016-03-31
1302808
2016-03-31
1302808
frs:RetainedEarningsAccumulatedLosses
2016-03-31
1302808
frs:RevaluationReserve
2016-03-31
1302808
frs:ShareCapital
2016-03-31
1302808
2016-03-31
xbrli:pure
iso4217:GBP
xbrli:shares
HOTEL AND MANCHESTER SERVICE FLATS LIMITED
|
FILLETED FINANCIAL STATEMENTS
|
COMPANY REGISTRATION NUMBER - 1302808
|
|
1. |
HOTEL AND MANCHESTER SERVICE FLATS LIMITED
|
COMPANY NUMBER - 1302808
|
|
BALANCE SHEET AS AT
31 MARCH 2017
|
|
|
|
|
|
2017 |
|
2016 |
|
|
|
|
---- |
|
---- |
|
|
Notes |
£ |
£ |
£ |
£ |
|
FIXED ASSETS
|
|
Tangible assets |
4 |
|
676,982
|
|
677,377
|
|
CURRENT ASSETS
|
|
Debtors |
5 |
1,400
|
|
2,973
|
|
|
Cash at bank and in hand |
|
21,281
|
|
2,023
|
|
|
|
|
|
|
|
|
22,681
|
|
4,996
|
CURRENT LIABILITIES
|
|
CREDITORS - Amounts |
falling due within one year |
6 |
47,810
|
|
26,798
|
|
|
|
|
|
|
NET CURRENT LIABILITIES
|
|
|
(25,129) |
|
(21,802) |
|
|
|
|
|
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES
|
|
|
651,853
|
|
655,575
|
|
|
|
CREDITORS - Amounts falling |
|
|
due after more than one year |
6 |
|
(102,085) |
|
(115,554) |
|
|
|
|
|
|
NET ASSETS
|
|
|
549,768
|
|
540,021
|
|
|
|
|
|
|
|
|
|
2. |
HOTEL AND MANCHESTER SERVICE FLATS LIMITED
|
COMPANY NUMBER - 1302808
|
|
BALANCE SHEET AS AT
31 MARCH 2017
|
|
|
|
|
|
2017 |
|
2016 |
|
|
|
---- |
|
---- |
|
Notes |
|
£ |
|
£ |
CAPITAL AND RESERVES
|
|
Called up share capital |
7 |
|
100
|
|
100
|
|
|
Profit - Not distributable |
|
|
448,167
|
|
448,167
|
|
|
Profit and loss account |
|
|
101,501
|
|
91,754
|
|
|
|
|
|
|
SHAREHOLDERS' FUNDS
|
|
|
549,768
|
|
540,021
|
|
|
|
|
|
|
|
These financial statements have been prepared in accordance with the provisions of FRS102 Section 1A of the Companies Act 2006 relating to small companies. In accordance with section 444 of the Companies Act 2006, the directors' report and the profit and loss account have not been delivered.
For the financial year ended 31 March 2017, the company was entitled to exemption from audit under section 477 of the Companies Act 2006; and no notice has been deposited under section 476.
The members have not required the company to obtain an audit.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
Approved by the board of directors on21 December 2017
|
|
and signed on their behalf by: |
|
|
B Schoenfeld
|
The notes on pages 3 to 5 form an integral part of these accounts.
|
|
3. |
HOTEL AND MANCHESTER SERVICE FLATS LIMITED
|
|
NOTES TO THE FINANCIAL STATEMENTS
|
|
YEAR ENDED 31 MARCH 2017
|
|
|
1. COMPANY INFORMATION
|
|
Hotel And Manchester Service Flats Limited is a Private Company, limited by shares, domiciled in England and Wales, registration number 1302808.
The company's registered office is... Lincoln House, 23-25 Lincoln Grove, Manchester M13 0DX.
|
2. ACCOUNTING POLICIES
|
|
BASIS OF ACCOUNTING
|
The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102, section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
This is the first year in which the financial statements have been prepared under FRS102. Details of the transition to FRS 102 are disclosed in note 9.
The financial statements are presented in pounds sterling, which is the functional currency of the entity.
Turnover is measured at the fair value of the consideration received or receivable and represents goods supplied or services rendered, stated net of Value Added Tax. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Turnover from the sale of goods is recognised when goods are delivered and legal title has passed.
|
TANGIBLE FIXED ASSETS AND DEPRECIATION
|
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life:
Office Equipment - 20% reducing balance
Fixtures and fittings - 15% reducing balance
No depreciation is provided on freehold land.
|
RESEARCH AND DEVELOPMENT EXPENDITURE
|
Expenditure on research and development is written off in the year in which it is incurred.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The average number of persons employed by the company (including directors) during the year was 1 (2016 - 1).
|
4. |
HOTEL AND MANCHESTER SERVICE FLATS LIMITED
|
|
NOTES TO THE FINANCIAL STATEMENTS
|
|
YEAR ENDED 31 MARCH 2017
|
|
|
4. FIXED ASSETS - TANGIBLE
|
|
|
Plant and |
|
Land and |
Machinery |
|
Buildings |
etc. |
Total |
|
|
|
|
Cost or fair valuation
|
£
|
£
|
£
|
At 01 April 2016 |
675,000 |
35,459 |
710,459 |
and 31 March 2017 |
|
Depreciation
|
At 01 April 2016 |
- |
33,082 |
33,082 |
Charge for year |
- |
395 |
395 |
|
|
|
|
At 31 March 2017 |
- |
33,477 |
33,477 |
|
|
|
|
|
Net book values
|
At 31 March 2017 |
675,000 |
1,982 |
676,982
|
|
|
|
|
At 01 April 2016 |
675,000 |
2,377 |
677,377 |
|
|
|
|
|
|
The historical cost of the freehold properties |
included at valuation are as follows: |
£ |
Cost
|
At 01 April 2016 |
226,833 |
|
|
Net book amounts
|
At 31 March 2017 |
|
|
|
|
At 01 April 2016 |
|
|
|
2017 |
|
2016 |
|
---- |
|
---- |
|
£ |
|
£ |
5. DEBTORS
|
|
Due within one year: |
Trade debtors |
-
|
|
1,717
|
Other debtors |
1,400 |
|
1,256 |
|
|
|
|
|
1,400
|
|
2,973
|
|
|
|
|
|
|
5. |
HOTEL AND MANCHESTER SERVICE FLATS LIMITED
|
|
NOTES TO THE FINANCIAL STATEMENTS
|
|
YEAR ENDED 31 MARCH 2017
|
|
|
|
2017 |
|
2016 |
|
---- |
|
---- |
|
£ |
|
£ |
6. CREDITORS
|
|
Amounts falling due within one year: |
Taxation and social security |
9,687
|
|
9,683
|
Director's Current Accounts |
35,753
|
|
13,579
|
Other creditors |
2,370
|
|
3,536
|
|
|
|
|
|
47,810 |
|
26,798 |
|
|
|
|
|
Amounts falling due after one year: |
Other creditors: |
Bank loan (Secured) |
102,085
|
|
115,554
|
|
|
|
|
|
|
7. CALLED UP SHARE CAPITAL
|
|
There was no change in share capital during the year.
|
Allotted, called up and fully paid |
shares of £1 eachOrdinary
|
100 |
|
100 |
|
|
|
|
|
8. CONTROL
|
|
B Schoenfeld, a director, controls the company by virtue of a majority shareholding.
|
9. IMPACT OF FIRST YEAR ADOPTION OF FRS102
|
|
The accounting policies applied under the company's previous accounting framework are not materially different to FRS 102 and have not impacted on equity or the profit or loss.