16 The Gardens (London) Management Limited - Period Ending 2015-11-30

Registration number: 03469983

16 The Gardens (London) Management Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 November 2015
 

Henry and Banwell Limited
Chartered Accountants
26 Berkeley Square
Clifton
Bristol
BS8 1HP

16 The Gardens (London) Management Limited
Contents

Company Information 1

Directors' Report 2

Accountants' Report 3

Profit and Loss Account 4

Balance Sheet 5

Notes to the Financial Statements 6 to 7

16 The Gardens (London) Management Limited
Company Information

Directors

M Winkelmann N Boyce J Hunt

Company secretary

M Winkelmann

Registered office

26 Berkeley Square Clifton Bristol BS8 1HP

Accountants

Henry and Banwell Limited Chartered Accountants 26 Berkeley Square Clifton Bristol BS8 1HP

Page 1

16 The Gardens (London) Management Limited
Directors' Report for the Year Ended 30 November 2015

The directors present their report and the unaudited financial statements for the year ended 30 November 2015.

Directors of the company

The directors who held office during the year were as follows:

M Winkelmann

N Boyce

J Hunt

Small company provisions

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved by the Board on 4 August 2016 and signed on its behalf by:

.........................................
M Winkelmann
Director

Page 2

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
16 The Gardens (London) Management Limited
for the Year Ended 30 November 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of 16 The Gardens (London) Management Limited for the year ended 30 November 2015 set out on pages 4 to 7 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 16 The Gardens (London) Management 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 accounts of 16 The Gardens (London) Management Limited and state those matters that we have agreed to state to them, 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 16 The Gardens (London) Management Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that 16 The Gardens (London) Management Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of 16 The Gardens (London) Management Limited. You consider that 16 The Gardens (London) Management 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 accounts of 16 The Gardens (London) Management 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 accounts.

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

Henry and Banwell Limited
Chartered Accountants
26 Berkeley Square
Clifton
Bristol
BS8 1HP

4 August 2016

Page 3

16 The Gardens (London) Management Limited
Profit and Loss Account for the Year Ended 30 November 2015

		Note			2015 £			2014 £
Turnover					1,800			2,215
Administrative expenses					(1,338)			(1,789)
Operating profit					462			426
Profit on ordinary activities before taxation					462			426
Profit for the financial year		5			462			426

The notes on pages 6 to 7 form an integral part of these financial statements.
Page 4

16 The Gardens (London) Management Limited
(Registration number: 03469983)
Balance Sheet at 30 November 2015

		Note			2015 £			2014 £
Current assets
Debtors		2			40			40
Cash at bank and in hand					1,158			696
					1,198			736
Creditors: Amounts falling due within one year		3			(8)			(8)
Net assets					1,190			728
Capital and reserves
Called up share capital		4			3			3
Profit and loss account		5			1,187			725
Shareholders' funds					1,190			728

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

For the year ending 30 November 2015 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.

Approved and authorised for issue by the Board on 4 August 2016 and signed on its behalf by:

.........................................
M Winkelmann
Director

The notes on pages 6 to 7 form an integral part of these financial statements.
Page 5

16 The Gardens (London) Management Limited
Notes to the Financial Statements for the Year Ended 30 November 2015
......... continued

1	Accounting policies

Basis of preparation

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 represents amounts chargeable in respect of the sale of goods and services to customers.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2

Debtors

		2015 £			2014 £
Other debtors		40			40

3	Creditors: Amounts falling due within one year

		2015 £			2014 £
Trade creditors		8			8

4	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		3			3			3			3

Page 6

16 The Gardens (London) Management Limited
Notes to the Financial Statements for the Year Ended 30 November 2015
......... continued

5

Reserves

		Profit and loss account £			Total £
At 1 December 2014		725			725
Profit for the year		462			462
At 30 November 2015		1,187			1,187

6

Control

The company is controlled by the directors who own 100% of the called up share capital.

Page 7