Suffolk Chambers Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10455305 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2017 TO 30 JUNE 2018

FOR

SUFFOLK CHAMBERS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Streets

REGISTERED OFFICE:

Regus-Victoria House

400 Pavilion Drive

Northampton

NN4 7PA

REGISTERED NUMBER:

10455305 (England and Wales)

ACCOUNTANTS:

Thomas & Co

Chartered Certified Accountants

30 Binley Road

Coventry

West Midlands

CV3 1JA

FIXED ASSETS

Tangible assets

3

423,453

-

CURRENT ASSETS

Debtors

4

2,420

-

Cash at bank and in hand

1,063

3

3,483

3

CREDITORS

Amounts falling due within one year

5

482,126

-

NET CURRENT (LIABILITIES)/ASSETS

(478,643

)

3

TOTAL ASSETS LESS CURRENT LIABILITIES

(55,190

)

3

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

(55,193

)

-

SHAREHOLDERS' FUNDS

(55,190

)

3

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 29 March 2019 and were signed by:

M Streets - Director

1.	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 represents rental income net of VAT and any associated expenses.

2.	EMPLOYEES AND DIRECTORS

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

3.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

Additions

423,453

At 30 June 2018

423,453

NET BOOK VALUE

At 30 June 2018

423,453

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

31.12.16

£

£

Other debtors

2,420

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

31.12.16

£

£

Bank loans and overdrafts

397,900

-

Trade creditors

3,646

-

Other creditors

80,580

-

482,126

-

6.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.18

31.12.16

£

£

Bank loans

397,900

-