229 Ladbroke Grove (Freehold) Limited - Accounts to registrar - small 16.3

REGISTERED NUMBER: 06192869 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

229 LADBROKE GROVE (FREEHOLD) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

6

DIRECTORS:

Dr I Antoniadou

R O Bailey

Ms M Bova

P R S J Quarry

Miss E Blesky

REGISTERED OFFICE:

Market House

21 Lenten Street

Alton

GU34 1HG

REGISTERED NUMBER:

06192869 (England and Wales)

ACCOUNTANTS:

Wettone Matthews Limited

Chartered Certified Accountants

Market House

21 Lenten Street

Alton

GU34 1HG

FIXED ASSETS

Tangible assets

3

53,164

53,164

CURRENT ASSETS

Debtors

4

743

458

Cash at bank

6,477

2,497

7,220

2,955

CREDITORS

Amounts falling due within one year

5

1,360

1,703

NET CURRENT ASSETS

5,860

1,252

TOTAL ASSETS LESS CURRENT LIABILITIES

59,024

54,416

RESERVES

Members capital

53,164

53,164

Income and expenditure account

5,860

1,252

MEMBERS' FUNDS

59,024

54,416

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

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 surplus or deficit 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 have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 15 March 2017 and were signed on its behalf by:

P R S J Quarry - Director

1.	STATUTORY INFORMATION

229 Ladbroke Grove (Freehold) Limited is a private company, limited by guarantee , registered in England and

Wales. The company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts are prepared in accordance with the provisions of the lease and on the accruals basis.

3.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 January 2016

and 31 December 2016

53,164

NET BOOK VALUE

At 31 December 2016

53,164

At 31 December 2015

53,164

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Ground rent owed by lessees

24

24

Service charges owed by lessee

719

428

Tax

-

6

743

458

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade creditors

-

543

Accrued expenses

1,360

1,160

1,360

1,703

6.	LIMITED BY GUARANTEE

The company is limited by guarantee and does not have a share capital. Equal membership of the company is

conferred by virtue of ownership of each of the 5 Leasehold interests in the flats located within the building situated

at 229 Ladbroke Grove, London W10 6HG.

7.	SINKING FUND

The company has established a sinking fund to pay regular expenses, any surplus will be retained to finance future

works in compliance with requirements of the lease.

The following reproduces the text of the report prepared for the directors and members in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to

file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of 229 Ladbroke Grove (Freehold) Limited for the year ended 31 December 2016 which comprise the Income

Statement, 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 229 Ladbroke Grove (Freehold) 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 229 Ladbroke Grove (Freehold) Limited and state those matters that we have agreed to state to the Board of Directors of 229 Ladbroke Grove (Freehold) 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 229 Ladbroke Grove (Freehold) 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 229 Ladbroke Grove (Freehold) Limited. You consider that 229 Ladbroke Grove (Freehold) 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 229 Ladbroke Grove (Freehold) 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.

Wettone Matthews Limited

Chartered Certified Accountants

Market House

21 Lenten Street

Alton

GU34 1HG

15 March 2017