CityBlock (Leicester) Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 06297505 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

CITYBLOCK (LEICESTER) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs A J Bargh

J T Bargh

REGISTERED OFFICE:

21 Castle Hill

Lancaster

Lancashire

LA1 1YN

REGISTERED NUMBER:

06297505 (England and Wales)

ACCOUNTANTS:

RfM Preston Ltd

Chartered Accountants

120-124 Towngate

Leyland

Lancashire

PR25 2LQ

BANKERS:

Royal Bank of Scotland

NoE Corporate Banking Centre 1

Parklands De Haviland Way

Horwich

Bolton

BL6 4YU

CURRENT ASSETS

Debtors

4

153,346

156,381

Cash at bank

16

55

153,362

156,436

CREDITORS

Amounts falling due within one year

5

734,500

734,000

NET CURRENT LIABILITIES

(581,138

)

(577,564

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(581,138

)

(577,564

)

CAPITAL AND RESERVES

Called up share capital

6

400

400

Retained earnings

7

(581,538

)

(577,964

)

SHAREHOLDERS' FUNDS

(581,138

)

(577,564

)

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

The members have not required the company to obtain an audit of its financial statements for the year 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 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 18 December 2017 and were signed on its behalf by:

J T Bargh - Director

1.	STATUTORY INFORMATION

CityBlock (Leicester) 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.

FINANCIAL INSTRUMENTS

The following assets and liabilities are classified as financial instruments - trade debtors, and trade creditors.

Trade debtors, trade creditors (being repayable on demand), are measured at the undiscounted amount of the

cash or consideration expected to be paid or received.

GOING CONCERN

The company made a loss of £3,574 for the year ended 31 March 2017 and had net liabilities of £581,138.

The company is dependent, in the absence of other funding, on the continued financial support of its directors.

The directors have confirmed their commitment to provide the necessary support.

On this basis, the directors consider it appropriate to prepare the financial statements on a going concern

basis. The financial statements do not include any adjustments that might be necessary if the directors were

not to provide further support.

EMPLOYEES AND DIRECTORS

The average monthly number of employees during the year was NIL (2016 - NIL)

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2016 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Amounts owed by group undertakings

153,188

156,053

VAT

-

328

Prepayments and accrued income

158

-

153,346

156,381

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

450

-

Amounts owed to group undertakings

730,750

730,750

Accruals and deferred income

3,300

3,250

734,500

734,000

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

400

Ordinary

£1

400

400

7.

RESERVES

Retained

earnings

£

At 1 April 2016

(577,964

)

Deficit for the year

(3,574

)

At 31 March 2017

(581,538

)

8.	RELATED PARTY DISCLOSURES

2017

2016

£

£

Amount due from/(to) related party at balance sheet date

CityBlock Holdings Limited

(577,247

)

(574,697

)

(a group company)

CityBlock Limited

(315

)

-

(a group company)

9.	ULTIMATE CONTROLLING PARTY

The immediate parent company is CityBlock Holdings (Leicester) Limited, a company incorporated in England

& Wales.

The company's ultimate parent undertaking is CityBlock Limited, a company incorporated in England & Wales.

The ultimate controlling party is J T & A J Bargh.

10.	FIRST YEAR ADOPTION

The company has adopted FRS 102 for the first time in the period ended 31 March 2017. The effect of

transition to FRS 102 is outlined below:

Changes in accounting policies

The company has revised its accounting policies in line with FRS 102.