Abbreviated Company Accounts - 229 LADBROKE GROVE (FREEHOLD) LIMITED

229 LADBROKE GROVE (FREEHOLD) LIMITED - Company Information

Registered Number 06192869

229 LADBROKE GROVE (FREEHOLD) LIMITED

Abbreviated Accounts

31 December 2014

229 LADBROKE GROVE (FREEHOLD) LIMITED Registered Number 06192869

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	3	53,164	53,164
		53,164	53,164
Current assets
Debtors		655	761
Cash at bank and in hand		1,411	1,114
		2,066	1,875
Creditors: amounts falling due within one year		(1,405)	(1,485)
Net current assets (liabilities)		661	390
Total assets less current liabilities		53,825	53,554
Total net assets (liabilities)		53,825	53,554
Reserves
Other reserves		53,164	53,164
Income and expenditure account		661	390
Members' funds		53,825	53,554

For the year ending 31 December 2014 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 August 2015

And signed on their behalf by:
Michail Karafoulidis, Director

229 LADBROKE GROVE (FREEHOLD) LIMITED Registered Number 06192869

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Income arises from the receipt of grounds rent, transfers from sinking fund, reimbursements by lessees and the sale of parts of the property to the existing lessees.

Other accounting policies
Cash Flow Statements
The company qualifies as a small company under the Companies Act 2006. The directors have elected to take advantage of the exemption under Financial Reporting Standard 1 (cashflow statements) not to prepare a cash flow statement.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 January 2014	53,164
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	53,164
Depreciation
At 1 January 2014	-
Charge for the year	-
On disposals	-
At 31 December 2014	-
Net book values
At 31 December 2014	53,164
At 31 December 2013	53,164

The company purchased the freehold interest in 229 Ladbroke Grove, London W10 6HG for the benefit of the lessees on the 31st July 2008.