11 Wellington Road Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09423910 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD 29 FEBRUARY 2016 TO 31 MARCH 2017

FOR

11 WELLINGTON ROAD LTD

Page

Company Information

1

Statement of Financial Position

2

DIRECTORS:

Mrs S H Shah

A Shah

REGISTERED OFFICE:

505 Pinner Road

Harrow

Middlesex

HA2 6EH

REGISTERED NUMBER:

09423910 (England and Wales)

ACCOUNTANTS:

Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

FIXED ASSETS

847,877

614,203

CURRENT ASSETS

796

-

CREDITORS

Amounts falling due within one year

(1,013,870

)

(673,212

)

NET CURRENT LIABILITIES

(1,013,074

)

(673,212

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(165,197

)

(59,009

)

CAPITAL AND RESERVES

(165,197

)

(59,009

)

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the period was NIL .

2.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the period ended 31 March 2017, £597,405 (2016 : £672,257) was due to the directors of the company.

3.	OTHER FINANCIAL COMMITMENTS

Included within creditors is a commercial bridging loan of £410,000 which is secured by the way of legal charge

over the company's investment property. The bank loan is interest only loan payable by monthly instalments over

11 months with the discounted rate of 1.25%. The loan will be fully repayable at the end of the term.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2017 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 13 December 2017 and were signed on its behalf by:

A Shah - Director