Sandgate House Limited - Limited company accounts 20.1

Sandgate House Limited - Limited company accounts 20.1

SANDGATE HOUSE LIMITED - Company Information

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REGISTERED NUMBER: 03859824 (England and Wales)













REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 24TH MARCH 2020

FOR

SANDGATE HOUSE LIMITED
SANDGATE HOUSE LIMITED (REGISTERED NUMBER: 03859824)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24TH MARCH 2020




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


SANDGATE HOUSE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 24TH MARCH 2020







DIRECTORS: N Fretwell
Ms P Lewis
Ms J P Verasammy
K J Ward
Miss S Nicolay
J W Harrigan





SECRETARY: N Fretwell





REGISTERED OFFICE: Sutherland House
1759 London Road
Leigh-on-Sea
Essex
SS9 2RZ





REGISTERED NUMBER: 03859824 (England and Wales)





ACCOUNTANTS: Platt Rushton LLP
Chartered Accountants
Sutherland House
1759 London Road
Leigh On Sea
Essex
SS9 2RZ
Page 1
SANDGATE HOUSE LIMITED (REGISTERED NUMBER: 03859824)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 24TH MARCH 2020

The directors present their report with the financial statements of the company for the year ended 24th March 2020.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of the administration of variable service charges as
agents of the statutory trust for the residents of Sandgate House, Queens Walk, Ealing, London W5 1TN.

In accordance with guidance contained in ICAEW publication Tech 3/11 and FRC UITF publication 92 (withdrawn) the
company have this year recorded transactions where it may be deemed to have been acting as a principal or undisclosed
agent to purchase goods and services on behalf of the service charge.

Balances in the financial statements relate solely to amounts due to or from the service charge.

Lessees can obtain the full set of information about service charges in separately prepared service charge accounts.

DIRECTORS
The directors shown below have held office during the whole of the period from 25th March 2019 to the date of this report.

N Fretwell
Ms P Lewis
Ms J P Verasammy
K J Ward
Miss S Nicolay
J W Harrigan

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:





N Fretwell - Director


11th December 2020

Page 2
SANDGATE HOUSE LIMITED (REGISTERED NUMBER: 03859824)

INCOME STATEMENT
FOR THE YEAR ENDED 24TH MARCH 2020

2020 2019
£    £   

TURNOVER - -

Administrative expenses 69,140 -
(69,140 ) -

Other operating income 69,140 -
OPERATING PROFIT and
PROFIT BEFORE TAXATION - -

Tax on profit - -
PROFIT FOR THE FINANCIAL YEAR - -

The notes form part of these financial statements

Page 3
SANDGATE HOUSE LIMITED (REGISTERED NUMBER: 03859824)

BALANCE SHEET
24TH MARCH 2020

2020 2019
Notes £    £   
CURRENT ASSETS
Debtors 5 2,048 -
Cash at bank 3,989 3,989
6,037 3,989
CREDITORS
Amounts falling due within one year 6 2,048 -
NET CURRENT ASSETS 3,989 3,989
TOTAL ASSETS LESS CURRENT
LIABILITIES
3,989
3,989

CAPITAL AND RESERVES
Called up share capital 24 24
Retained earnings 3,965 3,965
SHAREHOLDERS' FUNDS 3,989 3,989

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24th March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 24th March 2020 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 applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 11th December 2020 and were
signed on its behalf by:





N Fretwell - Director


The notes form part of these financial statements

Page 4
SANDGATE HOUSE LIMITED (REGISTERED NUMBER: 03859824)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24TH MARCH 2020

1. STATUTORY INFORMATION

Sandgate House 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4. SERVICE CHARGE BALANCES

Service Charge Balances at the Balance Sheet date were:
Unpaid service charges due £17,927
Balance held at Managing Agent's client account £9,131

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Other debtors 2,048 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Trade creditors 2,048 -

7. ULTIMATE CONTROLLING PARTY

There is no controlling party. All residents hold shares and are entitled to vote.

Page 5