| Central Park Lodge (Residents) Limited |
| Registered number: |
02018378 |
| Balance Sheet |
| as at 30 June 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
146,568 |
|
|
146,819 |
|
| Current assets |
| Debtors |
3 |
|
1,105 |
|
|
675 |
| Cash at bank and in hand |
|
|
13,718 |
|
|
21,210 |
|
|
|
14,823 |
|
|
21,885 |
|
| Creditors: amounts falling due within one year |
4 |
|
(158,705) |
|
|
(158,705) |
|
| Net current liabilities |
|
|
|
(143,882) |
|
|
(136,820) |
|
| Net assets |
|
|
|
2,686 |
|
|
9,999 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
28 |
|
|
28 |
| Profit and loss account |
|
|
|
2,658 |
|
|
9,971 |
|
| Shareholders' funds |
|
|
|
2,686 |
|
|
9,999 |
|
|
|
|
|
|
|
|
| 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. |
| The 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| C Duncan |
| Director |
| Approved by the board on 30 March 2017 |
|
| Central Park Lodge (Residents) Limited |
| Notes to the Accounts |
| for the year ended 30 June 2016 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Leasehold land and buildings |
Nil |
|
Plant and machinery |
25% Reducing balance |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
|
|
| 2 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 July 2015 |
145,815 |
|
4,397 |
|
150,212 |
|
At 30 June 2016 |
145,815 |
|
4,397 |
|
150,212 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2015 |
- |
|
3,393 |
|
3,393 |
|
Charge for the year |
- |
|
251 |
|
251 |
|
At 30 June 2016 |
- |
|
3,644 |
|
3,644 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2016 |
145,815 |
|
753 |
|
146,568 |
|
At 30 June 2015 |
145,815 |
|
1,004 |
|
146,819 |
|
|
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2016 |
|
2015 |
| £ |
£ |
|
|
Trade debtors |
1,050 |
|
675 |
|
Other debtors |
55 |
|
- |
|
|
|
|
|
|
1,105 |
|
675 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2016 |
|
2015 |
| £ |
£ |
|
|
Money held for residents |
137,442 |
|
137,442 |
|
Maintenance reserve fund |
20,300 |
|
20,300 |
|
Other creditors |
963 |
|
963 |
|
|
|
|
|
|
158,705 |
|
158,705 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Controlling party |
|
|
There is no ultimate controlling party. |
|
|
| 6 |
Other information |
|
|
Central Park Lodge (Residents) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
1 Central Park Lodge |
|
54-58 Bolsover Street |
|
London |
|
W1W 5NQ |
