Friends Alliance Properties Ltd - Accounts to registrar - small 17.2
Friends Alliance Properties Ltd - Accounts to registrar - small 17.2
FRIENDS ALLIANCE PROPERTIES LTD |
Unaudited Financial Statements |
for the period |
10 March 2016 to 31 March 2017 |
FRIENDS ALLIANCE PROPERTIES LTD (REGISTERED NUMBER: 10056426) |
Contents of the Financial Statements |
for the period 10 March 2016 to 31 March 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
FRIENDS ALLIANCE PROPERTIES LTD |
Company Information |
for the period 10 March 2016 to 31 March 2017 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
New Derwent House |
69-73 Theobalds Road |
London |
WC1X 8TA |
FRIENDS ALLIANCE PROPERTIES LTD (REGISTERED NUMBER: 10056426) |
Balance Sheet |
31 March 2017 |
Notes | £ | £ |
Fixed assets |
Tangible assets | 2 |
Investment property | 3 |
Current assets |
Debtors | 4 |
Cash in hand |
Creditors |
Amounts falling due within one year | 5 |
Net current liabilities | ( |
) |
Total assets less current liabilities |
Creditors |
Amounts falling due after more than one year | 6 |
Net liabilities | ( |
) |
Capital and reserves |
Called up share capital | 7 |
Retained earnings | 8 | ( |
) |
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. |
FRIENDS ALLIANCE PROPERTIES LTD (REGISTERED NUMBER: 10056426) |
Balance Sheet - continued |
31 March 2017 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on |
FRIENDS ALLIANCE PROPERTIES LTD (REGISTERED NUMBER: 10056426) |
Notes to the Financial Statements |
for the period 10 March 2016 to 31 March 2017 |
1. | Accounting policies |
Basis of preparing the financial statements |
Turnover |
Turnover represents amounts receivable for services provided in the year. |
Tangible fixed assets |
Fixtures and fittings | - |
Investment property |
Investment properties are included in the Balance Sheet at their fair value. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
2. | Tangible fixed assets |
Fixtures |
and |
fittings |
£ |
Cost |
Additions |
At 31 March 2017 |
Depreciation |
Charge for period |
At 31 March 2017 |
Net book value |
At 31 March 2017 |
3. | Investment property |
Total |
£ |
Fair value |
Additions |
At 31 March 2017 |
Net book value |
At 31 March 2017 |
FRIENDS ALLIANCE PROPERTIES LTD (REGISTERED NUMBER: 10056426) |
Notes to the Financial Statements - continued |
for the period 10 March 2016 to 31 March 2017 |
4. | Debtors: amounts falling due within one year |
£ |
Trade debtors |
Other debtors |
5. | Creditors: amounts falling due within one year |
£ |
Trade creditors |
Other creditors |
6. | Creditors: amounts falling due after more than one year |
£ |
Other creditors |
7. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £100 | 1,000 |
8. | Reserves |
Retained |
earnings |
£ |
Deficit for the period | ( |
) |
At 31 March 2017 | ( |
) |
9. | Related party disclosures |
Included within other creditors due within one year is a balance of £91,053 owed to the director T McNerney and a |
balance of £1,823,049 owed to the director S Madan. |