3&5 St Georges Square Freehold Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08543787 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

FOR

3&5 ST GEORGES SQUARE FREEHOLD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A C Howard

M R Jewson

E L Chapman

C B Babeau

REGISTERED OFFICE:

22 Moreton Street

London

SW1V 2PT

REGISTERED NUMBER:

08543787 (England and Wales)

ACCOUNTANTS:

Saunders Wood & Co.

Chartered Accountants

140A Tachbrook Street

London SW1V 2NE

FIXED ASSETS

Tangible assets

4

3,487

3,487

CURRENT ASSETS

Debtors

5

13,006

15,419

Cash at bank and in hand

43,853

28,788

56,859

44,207

CREDITORS

Amounts falling due within one year

6

1,995

2,798

NET CURRENT ASSETS

54,864

41,409

TOTAL ASSETS LESS CURRENT LIABILITIES

58,351

44,896

CAPITAL AND RESERVES

Called up share capital

13

13

Sinking Fund

7

70,917

58,417

Retained earnings

7

(12,579

)

(13,534

)

SHAREHOLDERS' FUNDS

58,351

44,896

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 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 and authorised for issue on 28 September 2021 and were signed on its behalf by:

E L Chapman - Director

1.	STATUTORY INFORMATION

3&5 St Georges Square Freehold 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Freehold property

-

not provided

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 January 2020

and 31 December 2020

3,487

NET BOOK VALUE

At 31 December 2020

3,487

At 31 December 2019

3,487

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.12.19

£

£

Trade debtors

8,797

7,711

Insurance Claims Due

-

3,597

Prepayments

4,209

4,111

13,006

15,419

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.12.19

£

£

Creditors and Accruals

1,995

2,798

7.

RESERVES

Retained

Sinking

earnings

Fund

Totals

£

£

£

At 1 January 2020

(13,534

)

58,417

44,883

Profit for the year

13,455

13,455

Transfer for year

(12,500

)

12,500

-

At 31 December 2020

(12,579

)

70,917

58,338