Camberwell Lettings Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06458703 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2018

for

Camberwell Lettings Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J A Adlam

B J Macdougall

SECRETARY:

J A Adlam

REGISTERED OFFICE:

29 Denmark Hill

Camberwell

London

SE5 8RS

REGISTERED NUMBER:

06458703 (England and Wales)

ACCOUNTANTS:

Burnbecks Limited

Chartered Certified Accountants

2B Haddo Street

Greenwich

London

SE10 9RN

FIXED ASSETS

Intangible assets

4

2,450

2,800

Tangible assets

5

446

665

2,896

3,465

CURRENT ASSETS

Debtors

87,328

86,400

Cash at bank and in hand

123,723

106,881

211,051

193,281

CREDITORS

Amounts falling due within one year

44,375

55,475

NET CURRENT ASSETS

166,676

137,806

TOTAL ASSETS LESS CURRENT LIABILITIES

169,572

141,271

PROVISIONS FOR LIABILITIES

85

126

NET ASSETS

169,487

141,145

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

169,485

141,143

SHAREHOLDERS' FUNDS

169,487

141,145

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 8 May 2019 and were signed on its behalf by:

J A Adlam - Director

1.	STATUTORY INFORMATION

Camberwell Lettings 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.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are

measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Computer equipment

-

33% on reducing balance

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 balance sheet date.

Deferred tax

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

the balance sheet 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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2018

and 31 December 2018

3,500

AMORTISATION

At 1 January 2018

700

Amortisation for year

350

At 31 December 2018

1,050

NET BOOK VALUE

At 31 December 2018

2,450

At 31 December 2017

2,800

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2018

and 31 December 2018

3,625

DEPRECIATION

At 1 January 2018

2,960

Charge for year

219

At 31 December 2018

3,179

NET BOOK VALUE

At 31 December 2018

446

At 31 December 2017

665