Kingsbridge Lordship Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 05659223 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

KINGSBRIDGE LORDSHIP LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

C M Margulies

SECRETARY:

J Stern

REGISTERED OFFICE:

23 A Russell Lodge

St. Andrew's Grove

London

N16 5NF

REGISTERED NUMBER:

05659223 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

3

150,829

150,829

CURRENT ASSETS

Debtors

4

7,928

4,721

Cash at bank

468

3,257

8,396

7,978

CREDITORS

Amounts falling due within one year

5

158,345

157,927

NET CURRENT LIABILITIES

(149,949

)

(149,949

)

TOTAL ASSETS LESS CURRENT LIABILITIES

880

880

CAPITAL AND RESERVES

Called up share capital

6

880

880

SHAREHOLDERS' FUNDS

880

880

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 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 29 September 2017 and were signed by:

C M Margulies - Director

1.	STATUTORY INFORMATION

Kingsbridge Lordship 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Changes in accounting policies

The company has adopted FRS 102 for the first time in the preparation of these accounts. Accordingly the date

of transition to FRS 102 was 1 January 2015 (beginning of the accounting period of comparative year).

There are no material differences in determining the company's profit and loss under FRS 102 and the previous

framework the company adopted (the Financial Reporting Standard for Smaller Entities (effective January

2015)).

Turnover

Turnover represents net rent and service charges receivable, 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.

Freehold property

-

not provided

3.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 January 2016

and 31 December 2016

150,829

NET BOOK VALUE

At 31 December 2016

150,829

At 31 December 2015

150,829

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade debtors

7,928

4,721

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade creditors

788

370

Other creditors

157,557

157,557

158,345

157,927

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.16

31.12.15

value:

£

£

880

Ordinary

£1

880

880

7.

RESERVES

Retained

earnings

£

Profit for the year

-

At 31 December 2016

-