Adrian's Court Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 00950195 (England and Wales)

ADRIAN'S COURT LIMITED

Unaudited Financial Statements

For The Year Ended 24 June 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs A Buta

Mrs H Cairns

Mrs S Kelly

REGISTERED OFFICE:

1 Nelson Street

Southend on Sea

Essex

SS1 1EG

REGISTERED NUMBER:

00950195 (England and Wales)

CURRENT ASSETS

Debtors

4

3,302

2,930

CREDITORS

Amounts falling due within one year

5

3,242

2,870

NET CURRENT ASSETS

60

60

TOTAL ASSETS LESS CURRENT LIABILITIES

60

60

CAPITAL AND RESERVES

Called up share capital

60

60

60

60

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 June 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 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 Board of Directors on 21 June 2018 and were signed on its behalf by:

Mrs S Kelly - Director

1.	STATUTORY INFORMATION

Adrian's Court 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.

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.

In the opinion of the directors, it remains appropriate to continue to adopt the going concern basis of accounting.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A

These financial statements for the year ended 24 June 2017 are the first that are prepared in accordance with FRS

102 Section 1A. The previous financial statements were prepared in accordance with UK GAAP, the date of

transition to FRS 102 Section 1A is 25 June 2015.

Contributions from flat holders

All the flat holders are shareholders of the company. The debt arises from the normal trading activities of the

company, threfore the provisions regarding loans to directors do not apply.

Trade and other debtors

Trade and other receivables are measured at transaction price less any impairment unless the arrangement

constitutes a financing transaction in which case the transaction is measured at the present value of the future

receipts discounted at the prevailing market rate of interest.

Trade and other creditors

Trade and other payables are measured at their transaction price unless the arrangement constitutes a financing

transaction in which case the transaction is measured at present value of future payments discounted at prevailing

market rate of interest. Other financial liabilities are initially measured at fair value net of their transaction costs.

They are subsequently measured at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Amounts due from agents

2,221

1,706

Tenants arrears

-

143

Prepayments and accrued income

1,081

1,081

3,302

2,930

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other creditors

426

336

Tenants Surplus funds

2,288

2,006

Accruals and deferred income

528

528

3,242

2,870