Carlton Mansions Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 04100599 (England and Wales)

CARLTON MANSIONS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Directors:

P R Aiken

Ms J A Bale

M P Burn

Ms J C Goirre

A J W Jose

A D Norton

Registered office:

2 Tower House

Hoddesdon

Hertfordshire

EN11 8UR

Registered number:

04100599 (England and Wales)

Accountants:

Roberts & Co

Chartered Accountants

2 Tower House

Hoddesdon

Hertfordshire

EN11 8UR

Fixed assets

Tangible assets

3

317,440

317,440

Current assets

Cash in hand

68,183

143,177

Creditors

Amounts falling due within one year

4

5,193

46,077

Net current assets

62,990

97,100

Total assets less current liabilities

380,430

414,540

Creditors

Amounts falling due after more than one year

5

259,735

294,227

Net assets

120,695

120,313

Capital and reserves

Called up share capital

7

67

67

Retained earnings

120,628

120,246

Shareholders' funds

120,695

120,313

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 26 September 2017 and were signed on its behalf by:

A J W Jose - Director

Ms J A Bale - Director

1.	Statutory information

Carlton Mansions 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Land and buildings

-

in accordance with the property

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.

3.	Tangible fixed assets

Freehold

property

£

Cost

At 1 January 2016

and 31 December 2016

317,440

Net book value

At 31 December 2016

317,440

At 31 December 2015

317,440

4.

Creditors: amounts falling due within one year

2016

2015

£

£

Corporation tax payable

95

-

Other creditors

4,774

4,774

Deferred income

-

40,583

Accrued expenses

324

720

5,193

46,077

5.

Creditors: amounts falling due after more than one year

2016

2015

£

£

Loan notes

259,735

294,227

In January 2015, the company executed a deed of variation of the loan note instrument and the balance of these

loan notes will be repayable in 2026.

6.	Secured debts

The loan notes are secured by a legal charge over the freehold property of the company and carries an interest

of 2% per annum.

7.	Called up share capital

Allotted and issued:

Number:

Class:

Nominal

2016

2015

value:

£

£

67

Ordinary share capital

£1

67

67