Christian Schools Property Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05202686 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2016

for

Christian Schools Property Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S C Holsgrove

Mrs C Holsgrove

A Morales Ramon

SECRETARY:

Mrs C Holsgrove

REGISTERED OFFICE:

8-10 South Street

Epsom

Surrey

KT18 7PF

REGISTERED NUMBER:

05202686 (England and Wales)

ACCOUNTANTS:

Williams & Co

Chartered Accountants

8-10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Tangible assets

2

1,219,622

CURRENT ASSETS

Cash at bank

211

199

CREDITORS

Amounts falling due within one year

3

42,056

41,827

NET CURRENT LIABILITIES

(41,845

)

(41,628

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,177,777

1,177,994

CREDITORS

Amounts falling due after more than one
year

3

421,269

454,747

NET ASSETS

756,508

723,247

CAPITAL AND RESERVES

Called up share capital

4

450,000

Profit and loss account

306,508

273,247

SHAREHOLDERS' FUNDS

756,508

723,247

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 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 2 December 2016 and were signed on
its behalf by:

S C Holsgrove - 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).

Deferred tax

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

the balance sheet date.

Fixed assets

The company accounts for investment properties in accordance with SSAP 19 and thus no

depreciation has been provided for.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

1,219,622

NET BOOK VALUE

At 31 August 2016

1,219,622

At 31 August 2015

1,219,622

3.

CREDITORS

Creditors include an amount of £ 454,747 (2015 - £ 488,225 ) for which security has been given.

They also include the following debts falling due in more than five years:

2016

2015

£

Repayable by instalments

287,356

320,834

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

450,000

Ordinary

£1

450,000