7 Linden Gardens Kensington Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02919507 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018

FOR

7 LINDEN GARDENS KENSINGTON LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Ms E Stefani

R Power

Ms N Da Gama Rose

Ms A Orenstein-Cardona

SECRETARY:

Par Excellence Limited

REGISTERED OFFICE:

Unit A303.3

Tower Bridge Business Complex

Clements Road

Southwark

London

SE16 4DG

REGISTERED NUMBER:

02919507 (England and Wales)

ACCOUNTANTS:

H & E Johnson

Chartered Accountants

Sandall House

230 High Street

Herne Bay

Kent

CT6 5AX

FIXED ASSETS

Tangible assets

3

5,278

5,278

CURRENT ASSETS

Debtors

4

1,816

1,816

Cash at bank

12,904

19,762

14,720

21,578

CREDITORS

Amounts falling due within one year

5

12,064

18,914

NET CURRENT ASSETS

2,656

2,664

TOTAL ASSETS LESS CURRENT LIABILITIES

7,934

7,942

CREDITORS

Amounts falling due after more than one year

6

6,500

6,500

NET ASSETS

1,434

1,442

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings

1,428

1,436

SHAREHOLDERS' FUNDS

1,434

1,442

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 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 3 July 2019 and were signed on its behalf by:

R Power - Director

1.	STATUTORY INFORMATION

7 Linden Gardens Kensington 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different

from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and

laws that have been enacted or substantively enacted by the year end and that are expected to apply to the

reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 January 2018

and 31 December 2018

5,278

NET BOOK VALUE

At 31 December 2018

5,278

At 31 December 2017

5,278

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Service charge debtors

1,816

1,816

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Shareholders current accounts

11,464

18,314

Accrued expenses

600

600

12,064

18,914

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Shareholders' loans

6,500

6,500

7.	SERVICE CHARGES

Service

Total

Flat

B/fwd

Chg Cont

Exps

C/fwd

1

21.7%

3,839

-

(1,486

)

2,353

2

13.2%

2,338

-

(904

)

1,434

3

16.7%

2,959

-

(1,145

)

1,814

4

7.5%

1,323

-

(514

)

809

5

12.2%

2,164

-

(836

)

1,328

6

13.7%

2,428

-

(938

)

1,490

7

15%

2,588

-

(1,027

)

1,561

100%

£ 17,639

£ -

£ (6,850

)

£ 10,789

Services charges are the following:

Insurance £3,559

Cleaning £810

Accountancy £608

Heat and light £323

Postage £13

Repairs £1,162

Management £375

TOTAL £6,850