Onyx Property Advisors Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07638476 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2018

for

Onyx Property Advisors Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Chan

REGISTERED OFFICE:

Carrington House

126-130 Regent Street

London

W1B 5SE

REGISTERED NUMBER:

07638476 (England and Wales)

ACCOUNTANTS:

Nizar Kanji & Co

Chartered Accountants

18 The Fairway

Northwood

Middlesex

HA6 3DY

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

-

51

-

51

CURRENT ASSETS

Debtors

214,000

508,104

Cash at bank

20,385

52,965

234,385

561,069

CREDITORS

Amounts falling due within one year

126,423

197,371

NET CURRENT ASSETS

107,962

363,698

TOTAL ASSETS LESS CURRENT LIABILITIES

107,962

363,749

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

107,961

363,748

SHAREHOLDERS' FUNDS

107,962

363,749

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 director acknowledges her 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 director on 30 September 2019 and were signed by:

C Chan - Director

1.	STATUTORY INFORMATION

Onyx Property Advisors 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Onyx Property Advisors Limited as an individual company

and do not contain consolidated financial information as the parent of a group. The company is exempt under

Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents amounts invoiced to clients after allowing for refunds but before VAT.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2018

and 31 December 2018

371

DEPRECIATION

At 1 January 2018

and 31 December 2018

371

NET BOOK VALUE

At 31 December 2018

-

At 31 December 2017

-

5.	FIXED ASSET INVESTMENTS

The Company was liquidated in the year. The £51 Investment has been set against the amount due to

the subsidiary which was £51.