Buckingham Mansions Freehold Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07456361 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

BUCKINGHAM MANSIONS FREEHOLD LIMITED

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

FIXED ASSETS

Tangible assets

2

24,083

28,097

CURRENT ASSETS

Debtors

26

65

Cash at bank

3,288

7,956

3,314

8,021

CREDITORS

Amounts falling due within one year

834

840

NET CURRENT ASSETS

2,480

7,181

TOTAL ASSETS LESS CURRENT LIABILITIES

26,563

35,278

CREDITORS

Amounts falling due after more than one year

12,081

23,481

NET ASSETS

14,482

11,797

CAPITAL AND RESERVES

Called up share capital

3

26

25

Profit and loss account

14,456

11,772

SHAREHOLDERS' FUNDS

14,482

11,797

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 26 February 2016 and were signed on its behalf by:

D J Cullen - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover for the year represents ground rent received.

Tangible fixed assets

Fixed assets are initially recorded at cost.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

28,097

Reduction in value

(4,014

)

At 31 December 2015

24,083

NET BOOK VALUE

At 31 December 2015

24,083

At 31 December 2014

28,097

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

26

Ordinary

£1

26

25

1 Ordinary share of £1 was allotted and fully paid for cash at par during the year.

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages one to three) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Buckingham Mansions Freehold Limited for the year ended

31 December 2015 which comprise the Profit and Loss Account, the 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 at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Buckingham Mansions Freehold 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 Buckingham Mansions Freehold Limited and state those matters that we have agreed to state to the Board of Directors of Buckingham Mansions Freehold Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Buckingham Mansions Freehold 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 Buckingham Mansions Freehold Limited. You consider that Buckingham Mansions Freehold 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 Buckingham

Mansions Freehold 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.

Carter & Coley

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

26 February 2016