Collingham Gardens Limited - Accounts to registrar (filleted) - small 18.2

Collingham Gardens Limited - Accounts to registrar (filleted) - small 18.2

COLLINGHAM GARDENS LIMITED - Company Information

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REGISTERED NUMBER: 08240718 (England and Wales)











COLLINGHAM GARDENS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2020





Berringers LLP
Lygon House
50 London Road
Bromley
Kent
BR1 3RA








COLLINGHAM GARDENS LIMITED (REGISTERED NUMBER: 08240718)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 September 2020




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3

Chartered accountants' report 5

COLLINGHAM GARDENS LIMITED

COMPANY INFORMATION
for the year ended 30 September 2020







DIRECTORS: British Danubian Trade Development Company Limited
S A J Carew Deverell





REGISTERED OFFICE: Lygon House
50 London Road
Bromley
Kent
BR1 3RA





REGISTERED NUMBER: 08240718 (England and Wales)





ACCOUNTANTS: Berringers LLP
Lygon House
50 London Road
Bromley
Kent
BR1 3RA
Page 1
COLLINGHAM GARDENS LIMITED (REGISTERED NUMBER: 08240718)

BALANCE SHEET
30 September 2020

2020 2019
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 12,953,000 12,953,000

CURRENT ASSETS
Debtors 5 96,818 103,123
Cash at bank 68,916 37,219
165,734 140,342
CREDITORS
Amounts falling due within one year 6 10,832,832 10,842,303
NET CURRENT LIABILITIES (10,667,098 ) (10,701,961 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,285,902
2,251,039

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,285,802 2,250,939
2,285,902 2,251,039

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 December 2020 and were signed on its behalf by:



S A J Carew Deverell - Director


The notes form part of these financial statements

Page 2
COLLINGHAM GARDENS LIMITED (REGISTERED NUMBER: 08240718)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2020

1. STATUTORY INFORMATION

Collingham Gardens 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rental income receivable.

Investment property
The property was transferred from the holding company, British Danubian Trade Development Company Limited, at nil gain nil loss. Any aggregate surplus or deficit arising from changes in the fair value is recognised in the profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 (2019 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2019
and 30 September 2020 12,953,000
NET BOOK VALUE
At 30 September 2020 12,953,000
At 30 September 2019 12,953,000

Page 3 continued...
COLLINGHAM GARDENS LIMITED (REGISTERED NUMBER: 08240718)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2020

4. INVESTMENT PROPERTY - continued

The directors have considered that there is no market valuation movement in the year under review.

Fair value at 30 September 2020 is represented by:

£   
Valuation in 2018 2,229,101
Cost 10,723,899
12,953,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Trade debtors 1,190 990
Other debtors 16,184 23,129
Prepayments 79,444 79,004
96,818 103,123

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Amounts owed to group undertakings 10,711,829 10,711,579
Other creditors 27,685 27,685
Accruals and deferred income 40,424 50,145
Accrued expenses 52,894 52,894
10,832,832 10,842,303

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S A J Carew Deverell.

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
COLLINGHAM GARDENS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Collingham Gardens Limited for the year ended 30 September 2020 which comprise the Statement of income and retained earnings, Balance sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Collingham Gardens Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Collingham Gardens Limited and state those matters that we have agreed to state to the Board of Directors of Collingham Gardens Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Collingham Gardens Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Collingham Gardens Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Collingham Gardens Limited. You consider that Collingham Gardens Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Collingham Gardens Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Berringers LLP
Lygon House
50 London Road
Bromley
Kent
BR1 3RA


4 December 2020

This page does not form part of the statutory financial statements

Page 5