STADIUM_BLENHEIM_COURT_LI - Accounts

The director of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial period ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Director's responsibilities: •    The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476; •    The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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

• The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime within Part 15 of the Companies Act 2006 . within Part 15 of the Companies Act 2006.

Stadium Blenheim Court Limited is a private company limited by shares incorporated in England and Wales. The registered office is 7 Manchester Square, London, United Kingdom, W1U 3PQ.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Turnover represents rental income from investments properties.

Investment property, which is property held to earn rentals and/or for capital appreciation, is measured using the fair value model and stated at its fair value as the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account. Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets. The surplus or deficit on revaluation is recognised in the profit and loss account.

Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets.

The valuation of the properties was made at 31 December 2015 by the director of the company on an open market basis.

During the period, Units 5, 6 and 7 Blenheim Court were purchased from The Kaizen Investment Company Limited for £795,000.

The long term loans are secured by fixed charge over the investment property of the company.

The company has cross guarantees totalling £23,412,750 in place with other related companies to secure loans against company assets.

The immediate parent company is Starclass Group Limited, a company registered in England and Wales. Its registered office is 7 Manchester Square, London, W1U 3PQ.

The Ultimate controlling party is A I Spencer.