Kingsland Bridge Mansions (Freehold) Com - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04555606 (England and Wales)

Financial Statements

for the Year Ended 31 December 2017

for

Kingsland Bridge Mansions (Freehold)

Company Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

S R Crocker

Major M L G Robinson

J R Turford

A E Brodholt

SECRETARY:

Major M L G Robinson

REGISTERED OFFICE:

Kingsland Bridge Mansions

Freehold Co Ltd

Kingsland Bridge Mansions

Murivance Shrewsbury

SY1 1JF

REGISTERED NUMBER:

04555606 (England and Wales)

AUDITORS:

Caerwyn Jones

Chartered Accountants and Statutory Auditor

Emstrey House

Shrewsbury Business Park

Shrewsbury

Shropshire

SY2 6LG

BANKERS:

Santander Bank

Bridle Road

Bootle

Liverpool

Merseyside

L30 4GB

FIXED ASSETS

Property, plant and equipment

4

42,066

43,145

CURRENT ASSETS

Debtors

5

2,283

2,277

Cash at bank

45,120

31,671

47,403

33,948

CREDITORS

Amounts falling due within one year

6

8,971

2,925

NET CURRENT ASSETS

38,432

31,023

TOTAL ASSETS LESS CURRENT LIABILITIES

80,498

74,168

CAPITAL AND RESERVES

Called up share capital

34

34

Retained earnings

80,464

74,134

80,498

74,168

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 8 May 2018 and were signed on its behalf by:

J R Turford - Director

1.	STATUTORY INFORMATION

Kingsland Bridge Mansions (Freehold) 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

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

Revenue is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% straight line

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 5 (2016 - 5 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Freehold

property

£

COST

At 1 January 2017

and 31 December 2017

53,935

DEPRECIATION

At 1 January 2017

10,790

Charge for year

1,079

At 31 December 2017

11,869

NET BOOK VALUE

At 31 December 2017

42,066

At 31 December 2016

43,145

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

2,283

2,277

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

791

72

Taxation and social security

1,587

1,026

Other creditors

6,593

1,827

8,971

2,925

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

D C Blofield FCA (Senior Statutory Auditor)

for and on behalf of Caerwyn Jones