11 Ladbroke Square Management Company - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 04870941 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2017

FOR

11 LADBROKE SQUARE MANAGEMENT COMPANY

LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

F Cirillo

Ms N Burgess

Professor A M Watson

SECRETARY:

C Ogden-Newton

REGISTERED OFFICE:

181 Kensington High Street

London

London

W8 6SH

REGISTERED NUMBER:

04870941 (England and Wales)

ACCOUNTANTS:

H & E Johnson

Chartered Accountants

Sandall House

230 High Street

Herne Bay

Kent

CT6 5AX

CURRENT ASSETS

Debtors

4

1,264

3,681

Cash at bank

-

6,052

1,264

9,733

CREDITORS

Amounts falling due within one year

5

-

8,469

NET CURRENT ASSETS

1,264

1,264

TOTAL ASSETS LESS CURRENT LIABILITIES

1,264

1,264

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings

1,258

1,258

SHAREHOLDERS' FUNDS

1,264

1,264

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 25 June 2018 and were signed on its behalf by:

F Cirillo - Director

1.	STATUTORY INFORMATION

11 Ladbroke Square Management Company 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

The accounts of the company which have been prepared on a historic cost basis exclude services charges paid

by the tenants in accordance with guidance issued by the professional accountancy bodies with ARMA and

RICS. This represents a change from previous years.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different

from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and

laws that have been enacted or substantively enacted by the year end and that are expected to apply to the

reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

1,264

3,681

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

-

960

Other creditors

-

7,509

-

8,469

6.	FIRST YEAR ADOPTION

There are no adjustments arising from the transition to FRS 102 from UK GAAP which require disclosure.