Jerusalem Development (Mamilla) Co. Limited - Accounts

Jerusalem Development (Mamilla) Co. Limited - Accounts

JERUSALEM DEVELOPMENT (MAMILLA) CO. LIMITED - Company Information

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Jerusalem Development (Mamilla) Co. Limited 01720668 true false 0 2016-01-01 2016-12-31 The directors acknowledge their responsibilities for:

a) ensuring the Company keeps accounting records that comply with section 386 of the Companies Act 2006 (the “Act”); and

b) preparing financial statement that give a true and fair view of the state of affairs of the Company as at the end of the financial year, and of its profit or loss for the financial year, in accordance with the requirements of section 393 of the Act, and which otherwise comply with the requirements of the Act relating to financial statements, so far as applicable to the Company.
 01720668 2016-01-01 2016-12-31 01720668 2015-12-31 01720668 2016-12-31 01720668 uk-bus:Director1 2016-01-01 2016-12-31 01720668 uk-bus:Director1 2016-07-15 01720668 uk-bus:Director2 2016-01-01 2016-12-31 01720668 uk-bus:Director2 2016-07-15 01720668 uk-bus:Director3 2016-01-01 2016-12-31 01720668 uk-bus:Director4 2016-01-01 2016-12-31 01720668 uk-bus:Director4 2016-06-13 01720668 uk-bus:Director5 2016-01-01 2016-12-31 01720668 uk-bus:Director5 2016-06-13 01720668 uk-bus:OrdinaryShareClass1 2016-01-01 2016-12-31 01720668 uk-bus:OrdinaryShareClass1 2016-12-31 01720668 uk-bus:OrdinaryShareClass1 2015-12-31 iso4217:GBP xbrli:shares
Registered Number: 01720668

Jerusalem Development (Mamilla) Co. Limited

Abbreviated Company Accounts

31 December 2016
Jerusalem Development (Mamilla) Co. Limited Registered Number: 01720668

BALANCE SHEET

as at 31 December 2016
  Notes   2016   2015
      £   £   £   £
Current Assets
Debtors 2   1,306       1,306    
Cash at bank and in hand     5,181       5,181    
    6,487       6,487    
Creditors
Creditors: amounts falling due within one year     (3,362,657)       (3,362,657)    
Net current assets (liabilities)         (3,356,170)       (3,356,170)
Total assets less current liabilities         (3,356,170)       (3,356,170)
 
Capital and reserves
Called up share capital 3       150,002       150,002
Profit and Loss Account         (3,506,172)       (3,506,172)
Total Shareholder's funds         (3,356,170)       (3,356,170)


For the year ended 31 December 2016, the Company was entitled to audit exemption under section 480 of the Companies Act 2006.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for: a) ensuring the Company keeps accounting records that comply with section 386 of the Companies Act 2006 (the “Act”); and b) preparing financial statement that give a true and fair view of the state of affairs of the Company as at the end of the financial year, and of its profit or loss for the financial year, in accordance with the requirements of section 393 of the Act, and which otherwise comply with the requirements of the Act 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 accounts were approved by the board on 14 July 2017 and signed on its behalf by:




Geoffrey Keith Howard Mason

Director
Jerusalem Development (Mamilla) Co. Limited Registered Number: 01720668

NOTES TO THE ACCOUNTS

for the year ended 31 December 2016
1 Accounting policies
  Fundamental accounting concept
The financial statements have been prepared under the going concern concept because the ultimate parent company has agreed to provide financial support to the Company to enable it to meets its liabilities as they fall due should the Company’s income not be sufficient.

Basis of preparation
The financial statements have been prepared under the historical cost convention. They have been drawn up to comply, in all material respects, with applicable UK accounting standards.

From 1 January 2016, the Company has elected to use the FRS102 Transitional relief provision as per paragraph 35.10(m) for dormant companies. This enables a company within the Companies Act definition of a dormant company to elect to retain its accounting policies for reported assets, liabilities and equity at the date of transition to FRS102 until there are any changes to those balances or the company undertakes any new transactions.
 
2 Debtors
 
  2016   2015
  £   £
Other debtors 1,306   1,306
 
  Other debtors relate to taxes and social security.
 
3 Share capital
 
  2016   2015
  £   £
Allotted, called up and fully paid
150,002 Ordinary shares of £1 each 150,002   150,002
 
4 Related party disclosures
  The Company has taken advantage of FRS 8 which exempts subsidiary undertakings, 100% of whose voting rights are controlled within the Group, from disclosing transactions with other entities within the Group. The ultimate parent company, Ladbrokes Coral Group plc, has included the required related party disclosures within its group consolidated financial statements.
 
5 Immediate and ultimate parent company
  The Company’s immediate parent company is Jerusalem Development Corporation (Holdings) Limited, a company registered in England and Wales. The ultimate parent company is Ladbrokes Coral Group plc, a company registered in England and Wales. Copies of the group consolidated financial statements of Ladbrokes Coral Group plc can be obtained from 5th Floor, The Zig Zag Building, 70 Victoria Street, London SW1E 6SQ.