47/60 Cheniston Gardens Limited - Limited company accounts 18.2

REGISTERED NUMBER: 01770915 (England and Wales)

Report of the Directors and

Financial Statements

for the Year Ended 31 March 2019

for

47/60 CHENISTON GARDENS LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

I Al Ansari

A k Karim

A Nuseibeh

M Al Sheikh

T Roig

R L Evans

A Whitton

SECRETARY:

J Bolger FCCA

REGISTERED OFFICE:

Milton House

33a Milton Road

Hampton

Middlesex

TW12 2LL

REGISTERED NUMBER:

01770915 (England and Wales)

ACCOUNTANTS:

Alvis & Company (Accountants) Limited

Milton House

33a Milton Road

Hampton

Middlesex

TW12 2LL

The directors present their report with the financial statements of the company for the year ended 31 March 2019.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of acquiring the freehold property known

as 47-60 Cheniston Gardens in the Royal Borough of Kensington and Chelsea and to control, supervise,

maintain and manage the same for the benefit of the lessees of the residential flats comprised therein.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2018 to the date of this

report.

I Al Ansari

A k Karim

A Nuseibeh

M Al Sheikh

T Roig

R L Evans

A Whitton

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

R L Evans - Director

25 June 2019

TURNOVER

-

OPERATING PROFIT and

PROFIT BEFORE TAXATION

-

Tax on profit

-

PROFIT FOR THE FINANCIAL YEAR

-

FIXED ASSETS

Tangible assets

3

35,418

CREDITORS

Amounts falling due within one year

4

(10,418

)

(10,418

)

NET CURRENT LIABILITIES

(10,418

)

(10,418

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

25,000

CAPITAL AND RESERVES

Called up share capital

5

25,000

SHAREHOLDERS' FUNDS

25,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 25 June 2019 and were signed on its
behalf by:

R L Evans - Director

1.	STATUTORY INFORMATION

47/60 Cheniston Gardens 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

The company has charged no depreciation in respect of Freehold property. The Company policy is to

maintain the building to a high standard. So, a depreciation charge would not present a true and fair

view.

3.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 April 2018

and 31 March 2019

35,418

NET BOOK VALUE

At 31 March 2019

35,418

At 31 March 2018

35,418

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

Other creditors

10,418

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.19

31.3.18

value:

£

25,000

Ordinary

1

25,000