ACCOUNTS - Final Accounts preparation

50 PENYWERN ROAD LIMITED - Company Information

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Registered number: 03852320

50 PENYWERN ROAD LIMITED

UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2019

50 PENYWERN ROAD LIMITED

COMPANY INFORMATION

Directors	N Ahmad
	M K Galberg
	E Marinich
	J L Pizzey
	L Shurmer (appointed 18 October 2019)


Company secretary	M K Galberg


Registered number	03852320


Registered office	36a Kenway Road
	London
	SW5 0RA


Accountants	Gibson Appleby
	Chartered Accountants
	1-3 Ship Street
	Shoreham-by-Sea
	West Sussex
	BN43 5DH

50 PENYWERN ROAD LIMITED

CONTENTS

	Page
Directors' report	1
Accountants' report	2
Statement of financial position	3

50 PENYWERN ROAD LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2019

The directors present their report and the financial statements for the year ended 31 December 2019.

Principal activity

The principal activity of the company in the year under review was that of the management of 50 Penywern Road, London SW5.

Review of activity

The company acts as a trustee in respect of service charge monies collected in connection with the above
property. In accordance with accounting recommendations from ARMA (Association of Residential Managing
Agents), service charge monies have been excluded from the accounts as the company acts only in a trustee
capacity in this connection. Separate service charge accounts are prepared and certified.

Directors

The directors who served during the year were:

N Ahmad

M K Galberg

E Marinich

J L Pizzey

L Shurmer (appointed 18 October 2019)

Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board and signed on its behalf.

................................................

M K Galberg

Secretary

Date: 31 October 2020

Page 1

50 PENYWERN ROAD LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF 50 PENYWERN ROAD LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2019

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 50 Penywern Road Limited for the year ended 31 December 2019 which comprise the Statement of financial position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the Board of directors of 50 Penywern Road Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of 50 Penywern Road Limited and state those matters that we have agreed to state to the Board of directors of 50 Penywern Road Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 50 Penywern Road Limited and its Board of directors, as a body, for our work or for this report.

It is your duty to ensure that 50 Penywern Road Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and result of 50 Penywern Road Limited. You consider that 50 Penywern Road Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of 50 Penywern Road Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Gibson Appleby

Chartered Accountants

1-3 Ship Street

Shoreham-by-Sea

West Sussex

BN43 5DH

5 November 2020

Page 2

50 PENYWERN ROAD LIMITED

REGISTERED NUMBER: 03852320

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2019

	2019	2018
	£	£


Current assets	12	12
Net current assets	12	12

Net assets	12	12


Capital and reserves	12	12

Notes

General information

50 Penywern Road Limited is a private company limited by shares, incorporated in England and Wales. Its registered office is 36a Kenway Road, London, SW5 0RA.

Average number of employees

The average monthly number of employees, including directors, during the year was 0 (2018 - 0).

Directors' confirmations

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

J L Pizzey

Director

Date: 31 October 2020

Page 3