48 Pont Street Limited - Dormant company accounts 17.1

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 23 MARCH 2017

FOR

48 PONT STREET LIMITED

Page

Company Information

1

Report of the Directors

2

Chartered Accountants' Report

3

Balance Sheet

4

Income Statement

5

Notes to the Financial Statements

6

DIRECTORS:

N D Gee

C J Jones

H A Robinson

SECRETARY:

Thrings Company Secretarial Limited

REGISTERED OFFICE:

5th floor, Kinnaird House

1 Pall Mall East

London

SW1Y 5AU

REGISTERED NUMBER:

03220428 (England and Wales)

ACCOUNTANTS:

Websters

12 Melcombe Place

Marylebone

London

NW1 6JJ

The directors present their report with the financial statements of the company for the year ended 23 March 2017.

DIRECTORS

The directors shown below have held office during the whole of the period from 24 March 2016 to the date of this report.

N D Gee

C J Jones

H A Robinson

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with

applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors

have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting

Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not

approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the

company and of the profit or loss of the company for that period. In preparing these financial statements, the directors

are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the

company's transactions and disclose with reasonable accuracy at any time the financial position of the company and

enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for

safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud

and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

N D Gee - Director

29 January 2018

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of 48 Pont Street Limited for the year ended 23 March 2017 which comprise the Income Statement,

Balance Sheet and the related notes from the company's accounting records and from information and explanations you

have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of 48 Pont Street Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of 48 Pont Street Limited and state those matters that we have agreed to state to the Board of Directors of 48 Pont Street Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 48 Pont Street Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that 48 Pont Street Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of 48 Pont Street Limited. You consider that 48 Pont Street Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of 48 Pont Street Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Websters

12 Melcombe Place

Marylebone

London

NW1 6JJ

29 January 2018

FIXED ASSETS

Investment property

4

96,498

CURRENT ASSETS

Debtors

5

336

CREDITORS

Amounts falling due within one year

6

(327

)

(327

)

NET CURRENT ASSETS

9

TOTAL ASSETS LESS CURRENT
LIABILITIES

96,507

CREDITORS

Amounts falling due after more than one
year

7

(96,498

)

(96,498

)

NET ASSETS

9

CAPITAL AND RESERVES

Called up share capital

9

SHAREHOLDERS' FUNDS

9

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 23 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 23 March 2017 in accordance with Section 476 of the Companies Act 2006.

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 financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29 January 2018 and were signed on its behalf by:

N D Gee - Director

During the financial year and the preceding financial year the company has not traded and has received no income and incurred no expenditure. Consequently, during those periods the company has made neither a profit nor a loss.

1.	STATUTORY INFORMATION

48 Pont Street Limited 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

The company was dormant throughout the current year and previous year.

Investment property

The company's investment property is included at cost. The directors do not consider that there is any benefit to

the members in incurring the cost of having the property re-valued, simply to include the asset in the balance

sheet at its fair value.

3.	EMPLOYEES AND DIRECTORS

There were no employees during the year.

4.	INVESTMENT PROPERTY

Total

£

COST

At 24 March 2016

and 23 March 2017

96,498

NET BOOK VALUE

At 23 March 2017

96,498

At 23 March 2016

96,498

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

23.3.17

23.3.16

£

Other debtors

336

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

23.3.17

23.3.16

£

Other creditors

327

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

23.3.17

23.3.16

£

Other creditors

96,498