Brittanic Properties (London) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05077017 (England and Wales)

Unaudited Financial Statements

for the Period 1 September 2018 to 5 April 2019

for

BRITTANIC PROPERTIES (LONDON) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

5

DIRECTORS:

C S CHANDHOK

Ms S K SOKAL

Mrs M K Anand

SECRETARY:

Ms S K SOKAL

REGISTERED OFFICE:

12 Woodside Avenue

London

N12 8BG

REGISTERED NUMBER:

05077017 (England and Wales)

ACCOUNTANTS:

Malshahz Accountants

27 Russell Road

Whetstone

London

N20 0TN

FIXED ASSETS

Tangible assets

4

597,242

601,979

CURRENT ASSETS

Debtors

5

-

3,421

Cash at bank

16,945

25,640

16,945

29,061

CREDITORS

Amounts falling due within one year

6

(391,245

)

(397,939

)

NET CURRENT LIABILITIES

(374,300

)

(368,878

)

TOTAL ASSETS LESS CURRENT LIABILITIES

222,942

233,101

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

221,942

232,101

SHAREHOLDERS' FUNDS

222,942

233,101

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 5 April 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 5 April 2019 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 19 January 2020 and were signed on its behalf by:

C S CHANDHOK - Director

1.	STATUTORY INFORMATION

Brittanic Properties (London) Limited is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents rents receivable excluding Value Added Tax.

Tangible fixed assets

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

Computer equipment

-

25% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Computer

property

equipment

Totals

£

£

£

COST OR VALUATION

At 1 September 2018

and 5 April 2019

668,131

1,929

670,060

DEPRECIATION

At 1 September 2018

66,400

1,681

68,081

Charge for period

4,675

62

4,737

At 5 April 2019

71,075

1,743

72,818

NET BOOK VALUE

At 5 April 2019

597,056

186

597,242

At 31 August 2018

601,731

248

601,979

Cost or valuation at 5 April 2019 is represented by:

Freehold

Computer

property

equipment

Totals

£

£

£

Valuation in 1

200,000

-

200,000

Cost

468,131

1,929

470,060

668,131

1,929

670,060

If freehold land and buildings had not been revalued they would have been included at the following historical

cost:

5.4.19

31.8.18

£

£

Cost

468,131

468,131

Aggregate depreciation

57,050

57,050

Value of land in freehold land and buildings

600,000

600,000

Freehold land and building were valued on an open market basis on 31 January 2018 by Directors of the company.

.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.19

31.8.18

£

£

Trade debtors

-

300

Other debtors

-

3,121

-

3,421

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.19

31.8.18

£

£

Taxation and social security

4,341

6,317

Other creditors

386,904

391,622

391,245

397,939

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 5 April 2019 set out on pages two to four and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Malshahz Accountants

27 Russell Road

Whetstone

London

N20 0TN

Date: .............................................