LYNDHURST_COURT_(ST._JOHN - Accounts

LYNDHURST COURT (ST. JOHNS WOOD) LIMITED - Company Information

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Company Registration No. 01355538 (England and Wales)

LYNDHURST COURT (ST. JOHNS WOOD) LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

LYNDHURST COURT (ST. JOHNS WOOD) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2013

- 1 -

2013

2012

Notes

Fixed assets

Tangible assets

145,489

145,734

Current assets

Debtors

23,700

187,060

Cash at bank and in hand

722,148

603,925

745,848

790,985

Creditors: amounts falling due within one year

(74,457)

(80,352)

Net current assets

671,391

710,633

Total assets less current liabilities

816,880

856,367

Capital and reserves

Called up share capital

1,857

1,742

Revaluation reserve

131,267

Profit and loss account

683,756

723,358

Shareholders' funds

816,880

856,367

For the financial year ended 31 December 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 29 August 2014

N Obayda

Z Kazanji

Director

Company Registration No. 01355538

LYNDHURST COURT (ST. JOHNS WOOD) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

Accounting policies

1.1

Accounting convention

The financial statements have been prepared under the historical cost convention modified by the inclusion of freehold property at valuation and, except for the application of Statement of Standard Accounting Practice No.19, in accordance with applicable accounting standards.

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents the amount of rent and other related property income receivable for the year.

1.4

Tangible fixed assets and depreciation

Freehold property has been included at an historic valuation carried out by the directors in a prior year.

No provision is made for depreciation of freehold property. The directors consider that this accounting policy (which represents a departure from statutory accounting rules) is necessary to provide a true and fair view.

1.5

Deferred taxation

Deferred taxation is computed under the liability method on short-term timing differences.

No provision is made for the potential liability to taxation which would arise in the event of realisation of the freehold property held at the balance sheet date at the amount at which it is stated in the financial statements. If the investment property was disposed of, the potential liability to taxation would amount to approximately £Nil.

LYNDHURST COURT (ST. JOHNS WOOD) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2013

- 3 -

Fixed assets

Tangible assets

Cost or valuation

At 1 January 2013 & at 31 December 2013

150,735

Depreciation

At 1 January 2013

5,001

Charge for the year

245

At 31 December 2013

5,246

Net book value

At 31 December 2013

145,489

At 31 December 2012

145,734

Share capital

2013

2012

Allotted, called up and fully paid

1,857 Ordinary shares of £1 each

1,857

1,742