Accounts filed on 30-11-2019


ACCOUNTS
FOR THE YEAR ENDED 30/11/2019





DIRECTORS
Menachem Landau
Israel Goldenberg



SECRETARY
Israel Goldenberg


REGISTERED OFFICE
47B Wargrave Avenue
Stamford Hill
London
N15 6UH


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08280974



BANKERS
HSBC



SOLICITORS
Raymond and Co



ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL


ACCOUNTS
FOR THEYEARENDED30/11/2019



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30/11/2019

			2019		2018
	Notes		£		£

FIXED ASSETS
Tangible assets			2,165,000		2,000,000

CURRENT ASSETS
Debtors	3	31,590		41,065
Cash at bank and in hand		659,549		867,957
		691,139		909,022
CREDITORS: Amounts falling due within one year	4	536,070		558,279
NET CURRENT ASSETS			155,069		350,743
TOTAL ASSETS LESS CURRENT LIABILITIES			2,320,069		2,350,743


CREDITORS: Amounts falling due after more than one year	5		762,213		976,000


PROVISIONS FOR LIABILITIES AND CHARGES	7		256,800		225,700

NET ASSETS			1,301,056		1,149,043

CAPITAL AND RESERVES

Called up share capital	8		100		100
Profit and loss account			1,300,956		1,148,943
SHAREHOLDERS' FUNDS			1,301,056		1,149,043

For the year ending 30/11/2019 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 13/02/2020 and signed on their behalf by



.............................
Menachem Landau
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Investment Properties

Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.




1c. Property Provisions
Where properties are no longer utilised in the business a provision is recorded if the future expected cash outflows exceed any inflow from rental income The provision is discounted in line with the requirements of FRS12.




3. DEBTORS	2019	2018
	£	£
Amounts falling due within one year
Trade debtors	6,549	3,603
Prepayments	25,041	37,462
	31,590	41,065




4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2019	2018
	£	£
UK corporation tax	4,249	655
Bank Loan	24,000	24,000
Other creditors	505,961	532,124
Accruals	1,860	1,500
	536,070	558,279




5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2019	2018
	£	£
Bank loans (secured) >1yr	762,213	976,000
	762,213	976,000




8. SHARE CAPITAL	2019	2018
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100




9. RELATED PARTY TRANSACTIONS
During the year, certain loans were advanced to the company by the directors, I. Goldenberg and M. Landau. The loans are interest free and repayable on demand. At the year end, the balance due to the directors totalled £412,885 (2018: £492,385).