| Princes Gate (Brighton) Ltd |
| Registered number: |
05995836 |
| Directors' Report |
|
| The directors present their report and accounts for the year ended 30 November 2016. |
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| Principal activities |
| The company's principal activity during the year continued to be that of the administration of the freehold of Princes Gate, Brighton, East Sussex, on a non profit making basis. |
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| Directors |
| The following persons served as directors during the year: |
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T A Brown |
|
P J McGuinness |
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| Small company provisions |
| This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
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| This report was approved by the board on 14 December 2016 and signed on its behalf. |
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| Dr P McGuinness |
| Director |
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| Princes Gate (Brighton) Ltd |
| Accountants' Report |
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| Accountants' report to the directors of |
| Princes Gate (Brighton) Ltd |
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| You consider that the company is exempt from an audit for the year ended 30 November 2016. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. |
| In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. |
| We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. |
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| Albion Accounting and Taxation Services Ltd |
| Chartered Certified Accountants |
|
| 35 Roman Avenue |
| Angmering |
| Littlehampton |
| West Sussex |
| BN16 4GH |
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| 14 December 2016 |
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| Princes Gate (Brighton) Ltd |
| Balance Sheet |
| as at 30 November 2016 |
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| Notes |
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2016 |
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|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
11,000 |
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|
11,000 |
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| Net current assets |
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|
- |
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- |
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| Total assets less current liabilities |
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|
|
11,000 |
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|
11,000 |
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| Creditors: amounts falling due after more than one year |
3 |
|
|
(10,995) |
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|
(10,995) |
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| Net assets |
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|
5 |
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|
5 |
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| Capital and reserves |
| Called up share capital |
4 |
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|
5 |
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|
5 |
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| Shareholders' funds |
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|
5 |
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|
5 |
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| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
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|
|
| Dr P McGuinness |
| Director |
| Approved by the board on 14 December 2016 |
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| Princes Gate (Brighton) Ltd |
| Notes to the Accounts |
| for the year ended 30 November 2016 |
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| 1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
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The company did not trade during throughout the current year and previous year and all |
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incidental expenses are paid by the shareholders via the maintenance account in their |
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maintenance account proportions. |
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Depreciation |
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Freehold land is not depreciated. The building is maintained in its existing condition by the residents via an independently administered maintenance account. |
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| 2 |
Tangible fixed assets |
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Land and buildings |
| £ |
|
Cost |
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At 1 December 2015 |
11,000 |
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At 30 November 2016 |
11,000 |
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Depreciation |
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At 30 November 2016 |
- |
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Net book value |
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At 30 November 2016 |
11,000 |
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At 30 November 2015 |
11,000 |
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| 3 |
Creditors: amounts falling due after one year |
2016 |
|
2015 |
| £ |
£ |
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Shareholders loan |
10,995 |
|
10,995 |
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| 4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
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Allotted, called up and fully paid: |
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Ordinary shares |
£1 each |
|
5 |
|
5 |
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5 |
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