ACCOUNTS - Final Accounts

ASHBURNHAM MANSIONS LIMITED - Company Information

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Registered number: 01617807

ASHBURNHAM MANSIONS LIMITED

UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 24 DECEMBER 2020

ASHBURNHAM MANSIONS LIMITED

COMPANY INFORMATION

Directors	Ms A Lozano
	Mr J L Albert


Company secretary	Principia Estate & Asset Management Ltd


Registered number	01617807


Registered office	The Studio
	16 Cavaye Place
	London
	SW10 9PT


Accountants	Gibson Appleby
	Chartered Accountants
	1-3 Ship Street
	Shoreham by Sea
	West Sussex
	BN43 5DH

ASHBURNHAM MANSIONS LIMITED

CONTENTS

	Page
Directors' report	1
Accountants' report	2
Income statement	3
Statement of financial position	4

ASHBURNHAM MANSIONS LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 24 DECEMBER 2020

The directors present their report and the financial statements for the year ended 24 December 2020.

Principal activity

The principal activity of the company is that of the ownership and management of Ashburnham Mansions,
London SW10.

Business review

The company acts as a trustee in respect of service charge monies collected in connection with the above
property. In accordance with recent accounting recommendations from ARMA (Association of Residential
Managing Agents), details of service charge monies have been excluded from the accounts as the company
acts only in a trustee capacity in this connection. Separate service charge accounts are prepared and certified.

Directors

The directors who served during the year were:

Ms A Lozano

Mr J L Albert

Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board and signed on its behalf.

................................................

L Laptiste (for and on behalf of Principia Estate & Asset Management Ltd)

Secretary

Date: 1 July 2021

Page 1

ASHBURNHAM MANSIONS LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ASHBURNHAM MANSIONS LIMITED
FOR THE YEAR ENDED 24 DECEMBER 2020

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ashburnham Mansions Limited for the year ended 24 December 2020 which comprise the Income statement, the Statement of financial position 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 at https://www.icaew.com/regulation.

This report is made solely to the Board of directors of Ashburnham Mansions Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Ashburnham Mansions Limited and state those matters that we have agreed to state to the Board of directors of Ashburnham Mansions Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ashburnham Mansions Limited and its Board of directors, as a body, for our work or for this report.

It is your duty to ensure that Ashburnham Mansions 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 loss of Ashburnham Mansions Limited. You consider that Ashburnham Mansions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Ashburnham Mansions 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.

Gibson Appleby

Chartered Accountants

1-3 Ship Street

Shoreham by Sea

West Sussex

BN43 5DH

1 July 2021

Page 2

ASHBURNHAM MANSIONS LIMITED

INCOME STATEMENT

FOR THE YEAR ENDED 24 DECEMBER 2020

	2020	2019
	£	£

Turnover	390	2,780
Staff costs	(888)	(1,158)
Expenditure	(2,284)	(2,263)
Loss	(2,782)	(641)

Page 3

ASHBURNHAM MANSIONS LIMITED

REGISTERED NUMBER: 01617807

STATEMENT OF FINANCIAL POSITION

AS AT 24 DECEMBER 2020

		2020		2019
		£		£


Current assets	45,551		45,551
Creditors: amounts falling due within one year	(43,611)		(40,829)
Net current assets		1,940		4,722
Total assets less current liabilities		1,940		4,722

Net assets		1,940		4,722


Capital and reserves	1,940	4,722

Notes

General information

Ashburnham Mansions Limited is a private company limited by shares, incorporated in England and Wales. Its registered office is The Studio, 16 Cavaye Place, London, SW10 9PT.

Average number of employees

The average monthly number of employees, including directors, during the year was 1 (2019 - 1).

Directors' confirmations

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

Ms A Lozano

Directors

Date: 1 July 2021

Page 4