Freehold Leasehold Limited iXBRL

Company Number: 09783160

Freehold Leasehold Limited

Date of Incorporation

17 September 2015

Unaudited Abbreviated Financial Statements

for the period ended 30 September 2016

Freehold Leasehold Limited

Company Number: 09783160

ABBREVIATED BALANCE SHEET

as at 30 September 2016

			Sep 16
		Notes	£
Fixed Assets

Tangible assets		3	2,405
			─────────
Current Assets

Cash at bank and in hand			45,350
Creditors: Amounts falling due within one year			(41,992)
			─────────
Net Current Assets			3,358
			─────────
Total Assets less Current Liabilities			5,763
			═════════
Capital and Reserves

Called up share capital		4	100
Profit and Loss Account			5,663
			─────────
Shareholders' Funds			5,763
			═════════
These abbreviated financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

For the financial period ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period 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.

Approved by the Board and authorised for issue on 16 June 2017 and signed on its behalf by

________________________________
Mrs K Cohen
Director

Freehold Leasehold Limited

ACCOUNTING POLICIES

for the period ended 30 September 2016

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 and the Financial Reporting Standard for Smaller Entities (effective January 2015). The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:

-	Fixtures, fittings and equipment	-	25% Straight line
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date. 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 have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Freehold Leasehold Limited

NOTES TO THE ABBREVIATED FINANCIAL STATEMENTS
for the period ended 30 September 2016

1.	PERIOD OF FINANCIAL STATEMENTS
	The financial statements are for the 12 month 14 days period ended 30 September 2016.
	Date company was incorporated:
	17 September 2015

2.	DIVIDENDS	Sep 16
		£
	Dividends on equity shares:
	Ordinary Shares - Final paid	30,000
		═════════

3.	TANGIBLE FIXED ASSETS
		Total
		£
	Cost
	Additions	2,960
		─────────
	At 30 September 2016	2,960
		─────────
	Depreciation
	Charge for the period	555
		─────────
	At 30 September 2016	555
		─────────
	Net book value
	At 30 September 2016	2,405
		═════════

4.	SHARE CAPITAL			Sep 16
				£
	Description	Number of shares	Value of units
	Allotted, called up and fully paid
	Ordinary Shares	100	£1 each	100
				═════════