40 Medina Villas (Hove) Limited - Abbreviated accounts 16.3
40 Medina Villas (Hove) Limited - Abbreviated accounts 16.3
REGISTERED NUMBER: |
Abbreviated Accounts |
for the Year Ended 29 June 2016 |
for |
40 MEDINA VILLAS (HOVE) LIMITED |
40 MEDINA VILLAS (HOVE) LIMITED (REGISTERED NUMBER: 06432133) |
Contents of the Abbreviated Accounts |
for the Year Ended 29 June 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
Chartered Certified Accountants' Report | 4 |
40 MEDINA VILLAS (HOVE) LIMITED |
Company Information |
for the Year Ended 29 June 2016 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
40 MEDINA VILLAS (HOVE) LIMITED (REGISTERED NUMBER: 06432133) |
Abbreviated Balance Sheet |
29 June 2016 |
2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
3 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account | ( |
) | ( |
) |
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. |
The financial statements were approved by the Board of Directors on its behalf by: |
40 MEDINA VILLAS (HOVE) LIMITED (REGISTERED NUMBER: 06432133) |
Notes to the Abbreviated Accounts |
for the Year Ended 29 June 2016 |
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). |
Turnover |
Turnover represents ground rent received from leaseholders and contributions received from |
shareholders towards company expenses. |
Tangible fixed assets |
Freehold property | - |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the balance sheet date. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 30 June 2015 |
and 29 June 2016 |
NET BOOK VALUE |
At 29 June 2016 |
At 29 June 2015 |
3. | CREDITORS |
Creditors include the following debts falling due in more than five years: |
2016 | 2015 |
£ | £ |
Repayable otherwise than by instalments | 41,546 | 41,546 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
Ordinary | £1 |
5. | ULTIMATE CONTROLLING PARTY |
The shareholders are all lessees of 40 Medina Villas, Hove, East Sussex, Therefore there is no single |
overall controlling party. |
Chartered Certified Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
40 Medina Villas (Hove) Limited |
The following reproduces the text of the report prepared for the directors in respect of the company's |
annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on |
pages two to three) have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval |
the financial statements of 40 Medina Villas (Hove) Limited for the year ended 29 June 2016 which comprise |
the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting |
records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook. |
This report is made solely to the Board of Directors of 40 Medina Villas (Hove) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of 40 Medina Villas (Hove) Limited and state those matters that we have agreed to state to the Board of Directors of 40 Medina Villas (Hove) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that 40 Medina Villas (Hove) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of 40 Medina Villas (Hove) Limited. You consider that 40 Medina Villas (Hove) Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of 40 Medina Villas (Hove) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Date: ............................................. |