Birdview Homes Ltd - Accounts to registrar - small 17.2

Birdview Homes Ltd - Accounts to registrar - small 17.2

BIRDVIEW HOMES LTD - Company Information

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REGISTERED NUMBER: 08855302 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2017

FOR

BIRDVIEW HOMES LTD

BIRDVIEW HOMES LTD (REGISTERED NUMBER: 08855302)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BIRDVIEW HOMES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2017







DIRECTOR: A Teitelbaum





REGISTERED OFFICE: First Floor, Winston House
349 Regents Park Road
London
N3 1DH





REGISTERED NUMBER: 08855302 (England and Wales)





ACCOUNTANTS: Melinek Fine LLP
Chartered Accountants
First Floor, Winston House
349 Regents Park Road
London
N3 1DH
Page 1
BIRDVIEW HOMES LTD (REGISTERED NUMBER: 08855302)

BALANCE SHEET
31 JANUARY 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 495,000 495,000

CURRENT ASSETS
Stocks 274,330 23,000
Debtors 5 37,500 51,529
Cash at bank 650,973 288,522
962,803 363,051
CREDITORS
Amounts falling due within one year 6 651,008 521,401
NET CURRENT ASSETS/(LIABILITIES) 311,795 (158,350 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
806,795
336,650

CREDITORS
Amounts falling due after more than one
year
7
(277,791
)
-

PROVISIONS FOR LIABILITIES (26,564 ) (28,412 )
NET ASSETS 502,440 308,238

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 502,340 308,138
SHAREHOLDERS' FUNDS 502,440 308,238

The notes form part of these financial statements

Page 2 continued...
BIRDVIEW HOMES LTD (REGISTERED NUMBER: 08855302)

BALANCE SHEET - continued
31 JANUARY 2017


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 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 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 director on 16 June 2017 and were signed by:





A Teitelbaum - Director


The notes form part of these financial statements

Page 3
BIRDVIEW HOMES LTD (REGISTERED NUMBER: 08855302)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2017


1. STATUTORY INFORMATION

Birdview Homes Ltd is a private company, limited by shares , 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of
the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2016
and 31 January 2017 495,000
NET BOOK VALUE
At 31 January 2017 495,000
At 31 January 2016 495,000

Page 4 continued...
BIRDVIEW HOMES LTD (REGISTERED NUMBER: 08855302)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2017


4. INVESTMENT PROPERTY - continued

Cost or valuation at 31 January 2017 is represented by:

£   
Valuation in 2017 145,773
Cost 349,227
495,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other debtors 37,500 51,529

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Bank loans and overdrafts 6,444 -
Taxation and social security 48,543 32,006
Other creditors 596,021 489,395
651,008 521,401

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2017 2016
£    £   
Bank loans 277,791 -

8. ULTIMATE CONTROLLING PARTY

The controlling party is A Teitelbaum.

Page 5