Urban Creation (Charlotte Street) Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 09770567 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 10 September 2015 to 30 September 2016

for

Urban Creation (Charlotte Street) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Brecknell

REGISTERED OFFICE:

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

REGISTERED NUMBER:

09770567 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

FIXED ASSETS

Investment property

2

2,292,258

CURRENT ASSETS

Debtors

45,785

Cash at bank

1,119

46,904

CREDITORS

Amounts falling due within one year

3

2,342,555

NET CURRENT LIABILITIES

(2,295,651

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,393

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

(3,493

)

SHAREHOLDERS' FUNDS

(3,393

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 9 June 2017 and were signed by:

J Brecknell - Director

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).

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Going concern

The company is reliant on the support of its director and shareholders and having made appropriate enquiries, the

director has considered the future cashflow of the company and is not aware of any reason why the company will

not be able to meet its liabilities as they fall due for the foreseeable future. As a result the director has continued

to adopt the going concern basis

2.	INVESTMENT PROPERTY

Total

£

COST

Additions

2,292,258

At 30 September 2016

2,292,258

NET BOOK VALUE

At 30 September 2016

2,292,258

3.

CREDITORS

Creditors include an amount of £ 2,047,537 for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.