PROPERTY HOLDCO UK LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06266064 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2019

for

PROPERTY HOLDCO UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Muna Al Gharabally

Nichola Morgan

SECRETARY:

Vistra Company Secretaries Limited

REGISTERED OFFICE:

Flat 1

1 Hyde Park Gardens

London

W2 2LT

REGISTERED NUMBER:

06266064 (England and Wales)

ACCOUNTANTS:

Vistra Accounting Services

First Floor, Templeback

10 Temple back

Bristol

BS1 6FL

CURRENT ASSETS

Debtors

3

804

171

Cash at bank

51,239

51,234

52,043

51,405

CREDITORS

Amounts falling due within one year

4

(1,342

)

(2,576

)

NET CURRENT ASSETS

50,701

48,829

TOTAL ASSETS LESS CURRENT LIABILITIES

50,701

48,829

RESERVES

Other reserves

46,769

49,736

Income and expenditure account

3,932

(907

)

50,701

48,829

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 surplus or deficit 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 6 March 2020 and were signed on its behalf by:

Nichola Morgan - Director

1.	STATUTORY INFORMATION

PROPERTY HOLDCO UK LIMITED is a private company, limited by guarantee , 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.

Turnover

Turnover represents the fair value of rental income and service charges receivable, excluding discounts, rebates

and value added tax and other income.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12

'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the

contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is

a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to

realise the asset and settle the liability simultaneously.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual

arrangements entered into.

Basic financial liabilities

Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at

transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of

business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or

less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction

price.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/19

30/6/18

£

£

Prepayments

804

171

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/19

30/6/18

£

£

Trade creditors

-

1,523

Other creditors

262

-

Accruals and deferred income

1,080

1,053

1,342

2,576

5.	STATUS OF COMPANY

The company is limited by guarantee and has no share capital.