Marina One Freehold Company Limited - Accounts to registrar - small 16.1.1

REGISTERED NUMBER: 04139058 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2016

for

Marina One Freehold Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTORS:

F J L Cotumaccio

H Franke

P R Hare

P H Wade

T A Walzer

J Whitburn

T G Dudley

SECRETARY:

Crabtree PM Limited

REGISTERED OFFICE:

c/o Crabtree Property Management Limited

Marlbourough House

298 Regents Park Road

London

N3 2UU

REGISTERED NUMBER:

04139058 (England and Wales)

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

FIXED ASSETS

Tangible assets

3

27,996

27,996

CURRENT ASSETS

Debtors: amounts falling due within one year

4

6,282

6,246

Cash at bank

1,084

1,120

7,366

7,366

CREDITORS

Amounts falling due within one year

5

300

-

NET CURRENT ASSETS

7,066

7,366

TOTAL ASSETS LESS CURRENT LIABILITIES

35,062

35,362

CREDITORS

Amounts falling due after more than one year

6

28,485

28,485

NET ASSETS

6,577

6,877

CAPITAL AND RESERVES

Called up share capital

18

18

Share premium

2,749

2,749

Revaluation reserve

7

6,376

6,376

Retained earnings

(2,566

)

(2,266

)

SHAREHOLDERS' FUNDS

6,577

6,877

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 14 November 2016 and were signed on its behalf by:

J Whitburn - Director

1.	STATUTORY INFORMATION

Marina One Freehold Company Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the total value of ground rents contributed by residents in respect of ground rent

expenditure incurred during the year.

Tangible fixed assets

No depreciation is provided on freehold land. Freehold buildings are regularly maintained so that their value is

maintained. Therefore no depreciation is provided for on freehold buildings.

Deferred tax

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

balance sheet date.

3.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2015

and 31 March 2016

27,996

NET BOOK VALUE

At 31 March 2016

27,996

At 31 March 2015

27,996

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Other debtors

6,282

6,246

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Other creditors

300

-

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2016

2015

£

£

Other creditors

28,485

28,485

2016

2015

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Loans from shareholders

28,485

28,485

7.

RESERVES

Revaluation

reserve

£

At 1 April 2015

and 31 March 2016

6,376

The following reproduces the text of the report prepared for the directors and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other

primary statements and the Report of the Directors are not required to be filed with the Registrar of

Companies.

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

financial statements of Marina One Freehold Company Limited for the year ended 31 March 2016 which comprise the

Income statement, 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 Marina One Freehold Company Limited, as a body, in accordance with the terms of our engagement letter dated 1 April 2009. Our work has been undertaken solely to prepare for your approval the financial statements of Marina One Freehold Company Limited and state those matters that we have agreed to state to the Board of Directors of Marina One Freehold Company 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 Marina One Freehold Company 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 loss of Marina One Freehold Company Limited. You consider that Marina One Freehold Company 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 Marina One Freehold Company 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.

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

14 November 2016