Abbreviated Company Accounts - CHARTER COURT (NEW MALDEN) LIMITED

CHARTER COURT (NEW MALDEN) LIMITED - Company Information

09413768 CHARTER COURT (NEW MALDEN) LIMITED 2015-12-31 false 2015-01-30 2015-12-31 true 09413768 2015-01-30 2015-12-31 09413768 2015-12-31 09413768 uk-gaap-cd-bus:Director1 2015-01-30 2015-12-31 09413768 uk-gaap-cd-bus:Director2 2015-01-30 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-30 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 iso4217:GBP shares

Registered Number 09413768

CHARTER COURT (NEW MALDEN) LIMITED

Abbreviated Accounts

31 December 2015

CHARTER COURT (NEW MALDEN) LIMITED Registered Number 09413768

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015
		£
Fixed assets
Tangible assets	2	11,590,000
		11,590,000
Current assets
Debtors		4,545,002
Cash at bank and in hand		72,456
		4,617,458
Creditors: amounts falling due within one year	3	(11,613,071)
Net current assets (liabilities)		(6,995,613)
Total assets less current liabilities		4,594,387
Creditors: amounts falling due after more than one year	3	(4,500,000)
Total net assets (liabilities)		94,387
Capital and reserves
Called up share capital	4	100
Profit and loss account		94,287
Shareholders' funds		94,387

For the year ending 31 December 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 September 2016

And signed on their behalf by:
M J Morris, Director

CHARTER COURT (NEW MALDEN) LIMITED Registered Number 09413768

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Turnover represents rents and management fees receivable during the year.

Tangible assets depreciation policy
Investment Properties
Investment properties are shown at cost as the company does not carry out a valuation of these properties.

This is in accordance with FRSSE (2008) which, unlike the Companies Act 2006, does not require depreciation of Investment Properties. Investment properties are held for their investment potential and not for use by the company. The departure from the provisions of the Act is required to give a true and fair view.

Other accounting policies
Deferred Taxation

Provision is made, under the liability method, to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences to the extent that it is considered that a net liability may arise.

2Tangible fixed assets

	£
Cost
Additions	11,590,000
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	11,590,000
Depreciation
Charge for the year	-
On disposals	-
At 31 December 2015	-
Net book values
At 31 December 2015	11,590,000

3Creditors

	2015 £
Secured Debts	4,500,000

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £
100 Ordinary shares of £1 each	100