74 Hamilton Terrace Freehold Limited - Period Ending 2017-12-31

Registration number: 10000475

74 Hamilton Terrace Freehold Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2017

Brooks Green Chartered Accountants Abbey House 342 Regents Park Road London N3 2LJ

74 Hamilton Terrace Freehold Limited

Contents
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Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 4

74 Hamilton Terrace Freehold Limited

Company Information
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Directors

J L Gordon B Goldkorn

Registered office

5 New Street Square London EC4A 3TW

Accountants

Brooks Green Chartered Accountants Abbey House 342 Regents Park Road London N3 2LJ

Page 1

74 Hamilton Terrace Freehold Limited

(Registration number: 10000475)
Balance Sheet as at 31 December 2017
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	Note	2017 £		2016 £
Fixed assets
Tangible assets	2		1,725,316		1,725,316
Creditors: Amounts falling due within one year	3		(1,725,308)		(1,725,308)
Net assets			8		8
Capital and reserves
Called up share capital		8		8
Total equity			8		8

For the financial year ending 31 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 26 September 2018 and signed on its behalf by:
 

J L Gordon

Director

The notes on pages 3 to 4 form an integral part of these financial statements.

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74 Hamilton Terrace Freehold Limited

Notes to the Financial Statements for the Year Ended 31 December 2017
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1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

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74 Hamilton Terrace Freehold Limited

Notes to the Financial Statements for the Year Ended 31 December 2017
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2	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 January 2017	1,725,316	1,725,316
At 31 December 2017	1,725,316	1,725,316
Depreciation
Carrying amount
At 31 December 2017	1,725,316	1,725,316
At 31 December 2016	1,725,316	1,725,316

Included within the net book value of land and buildings above is £1,725,316 (2016 - £1,725,316) in respect of freehold land and buildings.
 

3

Creditors

Creditors: amounts falling due within one year

	2017 £	2016 £
Due within one year
Director 1 current account	1,725,308	1,725,308

4	Share capital

Allotted, called up and fully paid shares

	2017		2016
	No.	£	No.	£
Ordinary of £1 each	8	8	8	8

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