17 Lennox Gardens Limited - Accounts to registrar - small 17.2
17 Lennox Gardens Limited - Accounts to registrar - small 17.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 24 MARCH 2017 |
FOR |
17 LENNOX GARDENS LIMITED |
17 LENNOX GARDENS LIMITED (REGISTERED NUMBER: 05114553) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 24 MARCH 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
17 LENNOX GARDENS LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 24 MARCH 2017 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
3 North Hill |
Colchester |
Essex |
CO1 1DZ |
17 LENNOX GARDENS LIMITED (REGISTERED NUMBER: 05114553) |
BALANCE SHEET |
24 MARCH 2017 |
2017 | 2016 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 3 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
SHAREHOLDERS' FUNDS |
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. |
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 |
17 LENNOX GARDENS LIMITED (REGISTERED NUMBER: 05114553) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 24 MARCH 2017 |
1. | STATUTORY INFORMATION |
17 Lennox Gardens Limited is a |
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 |
Turnover |
Normal service charges. |
Turnover represents the amounts due for service charges during the period. An interim charge is computed |
against an expenditure budget with any shortfall against actual expenditure being payable by the tenants, but |
any excess being repayable. |
Special service charges. |
Turnover also includes any special service charges raised for specific projects. |
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. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Other debtors | 951 | 53 |
Prepayments |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade creditors |
Excess service charges repayable | 42,206 | 42,657 |
Leaseholders deposit | 16,000 | 16,000 |
Accrued expenses |
17 LENNOX GARDENS LIMITED (REGISTERED NUMBER: 05114553) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 24 MARCH 2017 |
5. | ULTIMATE CONTROLLING PARTY |
The controlling party is the shareholders. |
The shareholders are all leaseholders of the properties at 17 Lennox Gardens. |
The Directors are also shareholders. |
6. | OTHER INFORMATION |
The Company owns the freehold of the property at 17 Lennox Gardens. The freehold is of no value. |