| Merchant House (Freehold) Limited |
| Registered number: |
02986984 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
21,227 |
|
|
21,227 |
| Investments |
3 |
|
|
5,935 |
|
|
5,935 |
|
|
|
|
27,162 |
|
|
27,162 |
|
| Current assets |
| Debtors |
|
|
177,842 |
|
|
54,984 |
|
| Creditors: amounts falling due within one year |
|
|
(48,733) |
|
|
(48,490) |
|
| Net current assets |
|
|
|
129,109 |
|
|
6,494 |
|
| Net assets |
|
|
|
156,271 |
|
|
33,656 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
67 |
|
|
67 |
| Profit and loss account |
|
|
|
156,204 |
|
|
33,589 |
|
| Shareholders' funds |
|
|
|
156,271 |
|
|
33,656 |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
| T E Munn |
| Director |
| Approved by the board on 8 December 2016 |
|
| Merchant House (Freehold) Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Depreciation |
|
Depreciation has not been provided on the freehold as the directors are of the view that its value will not diminish. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
21,227 |
|
At 31 March 2016 |
21,227 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 March 2016 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
21,227 |
|
At 31 March 2015 |
21,227 |
|
|
|
|
|
|
|
|
Freehold land and building (£21,226) comprises of the freehold at 184 and 186 Sutherland |
|
Avenue, London W9. The leasehold land and building (£1) comprises of an interest in |
|
part of 182 Sutherland Avenue, London W9. |
|
|
| 3 |
Investments |
£ |
|
|
Cost |
|
At 1 April 2015 |
5,935 |
|
|
At 31 March 2016 |
5,935 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
67 |
|
67 |
|
67 |
|
|
|
|
|
|
|
|
|
