4 PALMEIRA AVENUE LIMITED

4 PALMEIRA AVENUE LIMITED

4 PALMEIRA AVENUE LIMITED - Company Information

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4 PALMEIRA AVENUE LIMITED

Company Registration Number:
03989427 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2018

Period of accounts

Start date: 01 July 2017

End date: 30 June 2018

4 PALMEIRA AVENUE LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2018

Balance sheet
Notes

4 PALMEIRA AVENUE LIMITED

Balance sheet

As at 30 June 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 2 4,881 4,881
Total fixed assets: 4,881 4,881
Current assets
Debtors:   821 535
Cash at bank and in hand: 1,919 1,070
Total current assets: 2,740 1,605
Creditors: amounts falling due within one year: 3 (6,810) (5,675)
Net current assets (liabilities): (4,070) (4,070)
Total assets less current liabilities: 811 811
Total net assets (liabilities): 811 811
Capital and reserves
Called up share capital: 3 3
Profit and loss account: 808 808
Shareholders funds: 811 811

The notes form part of these financial statements

4 PALMEIRA AVENUE LIMITED

Balance sheet statements

For the year ending 30 June 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 March 2019
and signed on behalf of the board by:

Name: P J J Whitcomb
Status: Director

The notes form part of these financial statements

4 PALMEIRA AVENUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the value of ground rents and service charges receivable and registration fees received and is attributable to the company's principal activity of residential property management and arises only in the United Kingdom

Tangible fixed assets and depreciation policy

Depreciation is not provided in respect of freehold property

4 PALMEIRA AVENUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

2. Tangible Assets

Total
Cost £
At 01 July 2017 4,881
At 30 June 2018 4,881
Net book value
At 30 June 2018 4,881
At 30 June 2017 4,881

4 PALMEIRA AVENUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

3. Creditors: amounts falling due within one year note

Service charges received in advance £3,448Maintenance fund £2,873Accruals £163Directors' current accounts £326

4 PALMEIRA AVENUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

4. Related party transactions

Name of the related party: P J J Whitcomb, C Bangs (to 05 February 2018) and G Shaw and S Ashraf (from 05 February 2018)
Relationship:
Shareholders and directors
Description of the Transaction: £2,585 of the company's income is derived from P J J Whitcomb, C Bangs, G Shaw and S Ashraf by way of ground rents and service charges receivable
£
Balance at 01 July 2017 0
Balance at 30 June 2018 266