Churchill Lodge Freehold Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10076820 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2017 TO 24 DECEMBER 2017

FOR

CHURCHILL LODGE (ALUM CHINE)

FREEHOLD LIMITED

DIRECTORS:

G Barlas

D A Johnston

Miss L J Kelly

A Robson

Mrs A Weir

SECRETARY:

SPL Property Management LLP

REGISTERED OFFICE:

Hamilton Townsend

1-3 Seamoor Road

Westbourne

Bournemouth

Dorset

BH4 9AA

REGISTERED NUMBER:

10076820 (England and Wales)

ACCOUNTANTS:

Carter & Coley

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

FIXED ASSETS

Tangible assets

4

2,400

2,400

CURRENT ASSETS

Debtors

5

85

116

CREDITORS

Amounts falling due within one year

6

325

305

NET CURRENT LIABILITIES

(240

)

(189

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,160

2,211

CREDITORS

Amounts falling due after more than one year

7

2,115

2,115

NET ASSETS

45

96

CAPITAL AND RESERVES

Called up share capital

8

5

5

Retained earnings

40

91

SHAREHOLDERS' FUNDS

45

96

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

The members have not required the company to obtain an audit of its financial statements for the period ended 24 December 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 3 August 2018 and were signed on its behalf by:

Mrs A Weir - Director

1.	STATUTORY INFORMATION

Churchill Lodge (Alum Chine) Freehold 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.

Turnover

Turnover represents ground rents demanded during the year.

Tangible fixed assets

Fixed assets are initially recorded at cost.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and loss

account, 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 balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2017 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 April 2017

and 24 December 2017

2,400

NET BOOK VALUE

At 24 December 2017

2,400

At 31 March 2017

2,400

The value of the freehold property has been written down to a nil value in respect of the 5 flats (out of

6) that have participated in the freehold purchase. The value in respect of those flats is in the

leasehold interest rather than the original cost to the company of acquiring the freehold.

The freehold value carried forward is equivalent to the share of the remaining non participator.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2017

£

£

Other debtors

5

5

Due to service charge account

-

111

Prepayments and accrued income

80

-

85

116

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2017

£

£

Trade creditors

45

-

Corporation tax

-

23

Due to service charge account

130

-

Accruals and deferred income

150

282

325

305

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2017

£

£

Members loans for freehold

purchase

2,115

2,115

2,115

2,115

5 lessees loaned the funds for the company to acquire the freehold reversion of the property.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2017

value:

£

£

5

Ordinary

£1

5

5

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain

other primary statements and the Report of the Directors are not required to be filed with the

Registrar of Companies.

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

approval the financial statements of Churchill Lodge (Alum Chine) Freehold Limited for the period ended

24 December 2017 which comprise the Profit and Loss Account, 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 Churchill Lodge (Alum Chine) Freehold 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 Churchill Lodge (Alum Chine) Freehold Limited and state those matters that we have agreed to state to the Board of Directors of Churchill Lodge (Alum Chine) Freehold 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 Churchill Lodge (Alum Chine) Freehold Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Churchill Lodge (Alum Chine) Freehold 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 Churchill Lodge (Alum Chine) Freehold Limited. You consider that Churchill Lodge (Alum Chine) Freehold Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Churchill Lodge (Alum Chine) Freehold 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.

Carter & Coley

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

3 August 2018