Gordon Lodge Limited - Accounts to registrar - small 16.3
Gordon Lodge Limited - Accounts to registrar - small 16.3
| DRAFT |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 March 2016 |
| for |
| Gordon Lodge Limited |
| Gordon Lodge Limited (Registered number: 03931978) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2016 |
| DRAFT |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Gordon Lodge Limited |
| Company Information |
| for the Year Ended 31 March 2016 |
| DRAFT |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 67 Westow Street |
| Upper Norwood |
| London |
| SE19 3RW |
| Gordon Lodge Limited (Registered number: 03931978) |
| Balance Sheet |
| 31 March 2016 |
| 31.3.16 | 31.3.15 |
| Notes | £ | £ |
| DRAFT |
| FIXED ASSETS |
| Investment property | 5 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Non distributable reserves |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| 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 by: |
| Gordon Lodge Limited (Registered number: 03931978) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2016 |
| DRAFT |
| 1. | STATUTORY INFORMATION |
| Gordon Lodge Limited is a |
| company's registered number and registered office address can be found on the Company Information page. |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements have been prepared under the historical cost convention as modified by the recognition |
| of certain financial assets and liabilities measured at fair value. |
| Turnover |
| Turnover represents the amount derived from property rental income in respect of the year under review. |
| Investment property |
| Investment properties are initially recognised at cost which includes purchase cost and any directly attributable |
| expenditure. Investment properties are measured at fair value. The surplus or deficit arising on the revaluation |
| of investment properties at their fair values are recognised in the income statement. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Deferred tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the |
| balance sheet date that are expected to apply to the reversal of the timing difference. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 April 2015 |
| Revaluations | 50,000 |
| At 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| Gordon Lodge Limited (Registered number: 03931978) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2016 |
| 5. | INVESTMENT PROPERTY - continued |
| DRAFT |
| Cost or valuation at 31 March 2016 is represented by: |
| £ |
| Valuation in 2010 | 137,319 |
| Valuation in 2011 | (60,000 | ) |
| Valuation in 2014 | 30,000 |
| Valuation in 2015 | 120,000 |
| Valuation in 2016 | 50,000 |
| Cost | 222,681 |
| 500,000 |
| If investment property had not been revalued it would have been included at the following historical cost: |
| 31.3.16 | 31.3.15 |
| £ | £ |
| Cost | 222,681 | 222,681 |
| Investment property was valued on an open market basis on 31 March 2016 by the directors . |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.16 | 31.3.15 |
| £ | £ |
| Taxation and social security |
| Other creditors |