138 Kingsland Road Limited - Limited company - abbreviated - 11.6
138 Kingsland Road Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 January 2015 |
| for |
| 138 Kingsland Road Limited |
| 138 Kingsland Road Limited (Registered number: 03907036) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 January 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| 138 Kingsland Road Limited |
| Company Information |
| for the Year Ended 31 January 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 138 Kingsland Road Limited (Registered number: 03907036) |
| Abbreviated Balance Sheet |
| 31 January 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investment property | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Revaluation reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| 138 Kingsland Road Limited (Registered number: 03907036) |
| Abbreviated Balance Sheet - continued |
| 31 January 2015 |
| The financial statements were approved by the Board of Directors on |
| 138 Kingsland Road Limited (Registered number: 03907036) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 January 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation |
| of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April |
| 2008). |
| Turnover |
| Turnover represents property rents, excluding value added tax. Rent is recognised on a receivable basis. |
| Tangible fixed assets |
| Plant and machinery | - |
| Motor vehicles | - |
| Computer equipment | - |
| Investment property |
| In accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) the investment |
| property is revalued annually to open market value and no depreciation is provided. The directors consider that |
| this accounting policy results in the financial statements giving a true and fair view. The effect of this departure |
| from the Companies Act 2006 has not been quantified because it is impracticable and, in the opinion of the |
| directors, would be misleading. |
| The aggregate surplus or deficit arising on revaluation is transferred to the revaluation reserve, except where a |
| deficit is deemed to represent a permanent diminution in value, in which case it is charged to the profit and loss |
| account. |
| Deferred tax |
| Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by |
| the balance sheet date except that: |
| - deferred tax is not recognised on timing differences arising on revalued properties unless the company has |
| entered into a binding sale agreement and is not proposing to take advantage of rollover relief; and |
| - the recognition of deferred tax assets is limited to the extent that the company anticipates to make sufficient |
| taxable profits in the future to absorb the reversal of the underlying timing differences. |
| Deferred tax balances are not discounted. |
| 138 Kingsland Road Limited (Registered number: 03907036) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 January 2015 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 February 2014 |
| Disposals | ( |
) |
| At 31 January 2015 |
| DEPRECIATION |
| At 1 February 2014 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 January 2015 |
| NET BOOK VALUE |
| At 31 January 2015 |
| At 31 January 2014 |
| 3. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST OR VALUATION |
| At 1 February 2014 |
| and 31 January 2015 |
| NET BOOK VALUE |
| At 31 January 2015 |
| At 31 January 2014 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 2015 | 2014 |
| £ | £ |
| Repayable by instalments | 599,137 | 855,206 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |