Ashbury Freeholds Limited - Abbreviated accounts 16.3

Ashbury Freeholds Limited - Abbreviated accounts 16.3

ASHBURY FREEHOLDS LIMITED - Company Information

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REGISTERED NUMBER: 09807076 (England and Wales)















Abbreviated Accounts

for the Period 3 October 2015 to 30 September 2016

for

Ashbury Freeholds Limited

Ashbury Freeholds Limited (Registered number: 09807076)






Contents of the Abbreviated Accounts
for the Period 3 October 2015 to 30 September 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Ashbury Freeholds Limited

Company Information
for the Period 3 October 2015 to 30 September 2016







DIRECTOR: K Carmichael





REGISTERED OFFICE: PO Box 58
Ashbury House
Liverpool
Merseyside
L19 9WX





REGISTERED NUMBER: 09807076 (England and Wales)





ACCOUNTANTS: Cobham Murphy Limited
116 Duke Street
Liverpool
Merseyside
L1 5JW
Page 1
Ashbury Freeholds Limited (Registered number: 09807076)

Abbreviated Balance Sheet
30 September 2016

Notes £    £   
FIXED ASSETS
Tangible assets 2 393,990

CURRENT ASSETS
Debtors 9,654,432
Cash at bank 65
9,654,497
CREDITORS
Amounts falling due within one year 2,060,350
NET CURRENT ASSETS 7,594,147
TOTAL ASSETS LESS CURRENT
LIABILITIES
7,988,137

CAPITAL AND RESERVES
Called up share capital 3 100
Profit and loss account 7,988,037
SHAREHOLDERS' FUNDS 7,988,137

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 27 June 2017 and were signed by:





K Carmichael - Director


The notes form part of these abbreviated accounts

Page 2
Ashbury Freeholds Limited (Registered number: 09807076)

Notes to the Abbreviated Accounts
for the Period 3 October 2015 to 30 September 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).

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related
Party Disclosures, not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents net rents received, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings - No depreciation charged

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
Additions 9,518,990
Disposals (9,125,000 )
At 30 September 2016 393,990
NET BOOK VALUE
At 30 September 2016 393,990

3. 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.

4. ULTIMATE PARENT COMPANY

Ashbury Properties Limited is regarded by the director as being the company's ultimate parent company.

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

K Carmichael, a director, operates a current account to which transactions of a private nature are charged.
Included in other creditors as at 30th September 2016 is £19,900 owing to K Carmichael.

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is K Carmichael.

Page 3