One Essex Court (Singapore) Ltd. - Abbreviated accounts 16.1

REGISTERED NUMBER: 08287117 (England and Wales)

ONE ESSEX COURT (SINGAPORE) LTD.

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D R Burrows

W R Davies

R L I Gillis

C R S Graham

SECRETARY:

J E Huxley

REGISTERED OFFICE:

1 Essex Court

Temple

London

EC4Y 9AR

REGISTERED NUMBER:

08287117 (England and Wales)

ACCOUNTANTS:

Sinclairs Bartrum Lerner

Chartered Accountants

39A Welbeck Street

London

W1G 8DH

FIXED ASSETS

Tangible assets

2

5,463

8,195

CURRENT ASSETS

Debtors

18,713

5,015

Cash at bank

1,324

7,555

20,037

12,570

CREDITORS

Amounts falling due within one year

15,731

14,354

NET CURRENT ASSETS/(LIABILITIES)

4,306

(1,784

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

9,769

6,411

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

9,669

6,311

SHAREHOLDERS' FUNDS

9,769

6,411

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 12th September 2016 and were signed on its
behalf by:

W R Davies - 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 January 2015).

Turnover

Turnover represents management fees receivable, excluding value added tax, chargeable to the company's

parent, One Essex Court Limited.

Management fees are chargeable based on the service provided to the parent and are recognised according to the

period to which the fees relate.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% straight line on cost

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling

at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2015

and 31st December 2015

13,657

DEPRECIATION

At 1st January 2015

5,462

Charge for year

2,732

At 31st December 2015

8,194

NET BOOK VALUE

At 31st December 2015

5,463

At 31st December 2014

8,195

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary shares

£1

100

4.	ULTIMATE PARENT COMPANY

One Essex Court Limited is the ultimate parent company, which owns 100% of the issued ordinary share capital

of the company.