Chessington Court Freehold Ltd

Chessington Court Freehold Ltd

CHESSINGTON COURT FREEHOLD LTD - Company Information

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Company Registration No. 07503309 (England and Wales)
Chessington Court Freehold Ltd Annual report and unaudited accounts for the year ended 30 September 2016
Chessington Court Freehold Ltd Annual report and unaudited accounts Contents
Page
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Chessington Court Freehold Ltd Company Information for the year ended 30 September 2016
Directors
Mr S A Tinger Mr A L Klahr Mr M G Hart
Company Number
07503309 (England and Wales)
Registered Office
103 High Street Waltham Cross Hertfordshire EN8 7AN
Accountants
Brindley Goldstein Ltd 103 High Street Waltham Cross Herts. EN8 7AN
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Chessington Court Freehold Ltd Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Chessington Court Freehold Ltd for the year ended 30 September 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Chessington Court Freehold Ltd for the year ended 30 September 2016 as set out on pages 5 - 8 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 icaew.com/membershandbook.
This report is made solely to the Board of Directors of Chessington Court Freehold Ltd, as a body, in accordance with the terms of our engagement letter dated 8 March 2017. Our work has been undertaken solely to prepare for your approval the accounts of Chessington Court Freehold Ltd and state those matters that we have agreed to state to the Board of Directors of Chessington Court Freehold Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Chessington Court Freehold Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Chessington Court Freehold Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Chessington Court Freehold Ltd. You consider that Chessington Court Freehold Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Chessington Court Freehold Ltd. 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 accounts.
Brindley Goldstein Ltd Chartered Accountants 103 High Street Waltham Cross Herts. EN8 7AN 8 March 2017
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Chessington Court Freehold Ltd Statement of financial position as at 30 September 2016
2016 
2015 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1 
1 
Current assets
Cash at bank and in hand
214 
213 
Creditors: amounts falling due within one year
5
(2,750)
(1,332)
Net current liabilities
(2,536)
(1,119)
Net liabilities
(2,535)
(1,118)
Capital and reserves
Called up share capital
6
45 
45 
Profit and loss account
(2,580)
(1,163)
Shareholders' funds
(2,535)
(1,118)
For the year ending 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts 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.
Approved by the Board on 8 March 2017.
Mr S A Tinger Director Company Registration No. 07503309
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Chessington Court Freehold Ltd Statement of Changes in Equity as at 30 September 2016
Share capital 
Profit & loss account 
Total 
£ 
£ 
£ 
At 1 October 2014
45 
(1,171)
(1,126)
Profit for the year
8 
8 
At 30 September 2015
45 
(1,163)
(1,118)
At 1 October 2015
45 
(1,163)
(1,118)
Loss for the year
(1,417)
(1,417)
At 30 September 2016
45 
(2,580)
(2,535)
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Chessington Court Freehold Ltd Notes to the Accounts for the year ended 30 September 2016
1
Statutory information
Chessington Court Freehold Ltd is a private company, limited by shares, registered in England and Wales, registration number 07503309. The registered office and principal place of business is 103 High Street, Waltham Cross, Hertfordshire, EN8 7AN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 30 September 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2015. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
The freehold property has been revalued at a value of £1 as the company has granted 999 year leases to all leaseholders with nil ground rent payable. The directors therefore believe that the freehold property has no value.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 October 2015
1 
At 30 September 2016
1 
Depreciation
At 30 September 2016
- 
Net book value
At 30 September 2016
1 
At 30 September 2015
1 
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Chessington Court Freehold Ltd Notes to the Accounts for the year ended 30 September 2016
5
Creditors: amounts falling due within one year
2016 
2015 
£ 
£ 
Other creditors
2,750 
1,332 
6
Share capital
2016 
2015 
£ 
£ 
Allotted, called up and fully paid:
45 Ordinary shares of £1 each
45 
45 
7
Transactions with related parties
Mr A.L. Klahr, Mr M.G. Hart and Mr S.A. Tinger acted as directors of the company during the current period. The three directors each own one share in the company.
8
Average number of employees
During the year the average number of employees was 0 (2015: 0).
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