89 Holland Park (Flat 1) Ltd - Abbreviated accounts 16.3
89 Holland Park (Flat 1) Ltd - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| 89 HOLLAND PARK (FLAT 1) LTD |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 30 APRIL 2016 |
| 89 HOLLAND PARK (FLAT 1) LTD (REGISTERED NUMBER: 05834990) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the year ended 30 April 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| 89 HOLLAND PARK (FLAT 1) LTD |
| COMPANY INFORMATION |
| for the year ended 30 April 2016 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 89 HOLLAND PARK (FLAT 1) LTD (REGISTERED NUMBER: 05834990) |
| ABBREVIATED BALANCE SHEET |
| 30 April 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Revaluation reserve |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| 89 HOLLAND PARK (FLAT 1) LTD (REGISTERED NUMBER: 05834990) |
| ABBREVIATED BALANCE SHEET - continued |
| 30 April 2016 |
| The financial statements were approved by the director on |
| 89 HOLLAND PARK (FLAT 1) LTD (REGISTERED NUMBER: 05834990) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the year ended 30 April 2016 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation |
| of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January |
| 2015). |
| Turnover |
| Turnover represents rent receivable for the year. |
| Tangible fixed assets |
| Furniture & fixtures | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay |
| less tax in the future have occurred at the balance sheet date. Taxable losses carried forward which result in the |
| right to pay less tax in the future are only provided to the extent that they are recoverable. Timing differences are |
| differences between the company's taxable profits and its results as stated in the financial statements. |
| No provision is made for deferred tax on unrealised gains recognised on revaluing property to its market value. |
| Deferred tax is measured at the tax rates that are expected to apply in the periods in which timing differences are |
| expected to reverse, based on tax rates and laws that have been enacted or substantially enacted by the balance |
| sheet date. Deferred tax is measured on a non-discounted basis. |
| Investment property |
| In accordance with Statement of Standard Accounting Practice Number 19, investment properties are revalued |
| annually and the aggregate surplus or deficit is transfered to a revaluation reserve and no depreciation or |
| amortisation is provided in respect of the freehold investment properties. |
| This treatment of the company's investment properties is a departure from the requirements of the Companies |
| Act 2006 concerning depreciation of fixed assets. However, these properties are not held for consumption but for |
| investment, and the directors consider that systematic annual depreciation or amortisation would be |
| inappropriate. The accounting policy adopted by the company is therefore necessary for the accounts to give a |
| true and fair view. Depreciation or amortisation is only one of the many factors reflected in the annual |
| revaluation, and the amount which might otherwise have been shown in the financial statements for depreciation |
| or amortisation cannot be separately identified or quantified. |
| 89 HOLLAND PARK (FLAT 1) LTD (REGISTERED NUMBER: 05834990) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the year ended 30 April 2016 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST OR VALUATION |
| At 1 May 2015 |
| Additions |
| Disposals | ( |
) |
| At 30 April 2016 |
| DEPRECIATION |
| At 1 May 2015 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30 April 2016 |
| NET BOOK VALUE |
| At 30 April 2016 |
| At 30 April 2015 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 May 2015 |
| and 30 April 2016 | 1,637 |
| NET BOOK VALUE |
| At 30 April 2016 |
| At 30 April 2015 |
| 4. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | 1 |
| 6. | ULTIMATE CONTROLLING PARTY |
| The immediate and ultimate parent company is Siza Holdings Limited, a company incorporated in England. |
| The ultimate controlling party is Mr A Zarbafi. |