The London Drain Company Limited - Accounts to registrar - small 17.1.1
The London Drain Company Limited - Accounts to registrar - small 17.1.1
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 November 2016 |
| for |
| The London Drain Company Limited |
| The London Drain Company Limited (Registered number: 03199978) |
| Contents of the Financial Statements |
| for the Year Ended 30 November 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| The London Drain Company Limited |
| Company Information |
| for the Year Ended 30 November 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| The London Drain Company Limited (Registered number: 03199978) |
| Balance Sheet |
| 30 November 2016 |
| 30.11.16 | 30.11.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 6 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings | 9 |
| SHAREHOLDERS' FUNDS |
| 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 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 London Drain Company Limited (Registered number: 03199978) |
| Balance Sheet - continued |
| 30 November 2016 |
| The financial statements were approved by the Board of Directors on |
| The London Drain Company Limited (Registered number: 03199978) |
| Notes to the Financial Statements |
| for the Year Ended 30 November 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
| Tangible fixed assets |
| 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 |
| Land and |
| buildings |
| £ |
| COST |
| At 1 December 2015 |
| and 30 November 2016 |
| NET BOOK VALUE |
| At 30 November 2016 |
| At 30 November 2015 |
| Included in cost of land and buildings is freehold land of £ 520,676 (2015 - £ 520,676 ) which is not depreciated. |
| 3. | FIXED ASSET INVESTMENTS |
| Unlisted |
| investments |
| £ |
| COST |
| At 1 December 2015 |
| and 30 November 2016 | 2,000 |
| NET BOOK VALUE |
| At 30 November 2016 |
| At 30 November 2015 |
| The London Drain Company Limited (Registered number: 03199978) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2016 |
| 3. | FIXED ASSET INVESTMENTS - continued |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 111,289 | 148,316 |
| Profit for the year | 22,973 | 83,146 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.11.16 | 30.11.15 |
| £ | £ |
| Other debtors | 161,168 | 193,439 |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.11.16 | 30.11.15 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors | ( |
) | ( |
) |
| Taxation and social security |
| Other creditors |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30.11.16 | 30.11.15 |
| £ | £ |
| Bank loans |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Bank loans more 5 yrs non-inst | 48,616 | 68,929 |
| The London Drain Company Limited (Registered number: 03199978) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2016 |
| 7. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 30.11.16 | 30.11.15 |
| £ | £ |
| Bank loans |
| The company has given National Westminster Bank Plc a legal charge over its freehold property. |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.11.16 | 30.11.15 |
| value: | £ | £ |
| Ordinary | 1 |
| 9. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 December 2015 |
| Profit for the year |
| Dividends | ( |
) |
| At 30 November 2016 |
| 10. | ULTIMATE CONTROLLING PARTY |
| The directors and their wives beneficially own 100% of the issued share capital of the company. |