Marina One Freehold Company Limited - Limited company - abbreviated - 11.0.0
Marina One Freehold Company Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 March 2014 |
| for |
| Marina One Freehold Company Limited |
| Marina One Freehold Company Limited (Registered number: 04139058) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 March 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Chartered Accountants' Report | 5 |
| Marina One Freehold Company Limited |
| Company Information |
| for the Year Ended 31 March 2014 |
| DIRECTORS: |
| SECRETARIES: |
| K Hobbs |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants and Business Advisors |
| Marina One Freehold Company Limited (Registered number: 04139058) |
| Abbreviated Balance Sheet |
| 31 March 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Share premium |
| Revaluation reserve |
| Profit and loss account |
| 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. |
| Marina One Freehold Company Limited (Registered number: 04139058) |
| Abbreviated Balance Sheet - continued |
| 31 March 2014 |
| The financial statements were approved by the Board of Directors on by: |
| Marina One Freehold Company Limited (Registered number: 04139058) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 March 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention. |
| Turnover |
| Turnover represents the total value of ground rents contributed by residents in respect of ground rent |
| expenditure incurred during the year. |
| Tangible fixed assets |
| No depreciation is provided on freehold land. Freehold buildings are regularly maintained so that their value is |
| maintained. Therefore no depreciation is provided for on freehold buildings. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2013 |
| and 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| 3. | CREDITORS |
| Creditors include the following debts falling due in more than five years: |
| 2014 | 2013 |
| £ | £ |
| Repayable otherwise than by instalments | 28,485 | 28,485 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary shares | £1 |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| Marina One Freehold Company Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) |
| have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Marina One Freehold Company Limited for the year ended 31 March 2014 which comprise the |
| Profit and Loss Account, the 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 at icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of Marina One Freehold Company Limited, as a body, in |
| accordance with the terms of our engagement letter dated 1 April 2009. Our work has been undertaken solely to prepare |
| for your approval the financial statements of Marina One Freehold Company Limited and state those matters that we |
| have agreed to state to the Board of Directors of Marina One Freehold Company Limited, as a body, in this report in |
| accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not |
| accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or |
| for this report. |
| It is your duty to ensure that Marina One Freehold Company 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 loss |
| of Marina One Freehold Company Limited. You consider that Marina One Freehold Company 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 Marina One Freehold |
| Company 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. |
| Chartered Accountants and Business Advisors |
| Date: ............................................. |