Beaufort Hse (Wimbledon) Freehold Co Ltd - Limited company accounts 18.2

REGISTERED NUMBER: 06642924 (England and Wales)

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 24 DECEMBER 2017

FOR

BEAUFORT HOUSE (WIMBLEDON)

FREEHOLD LIMITED

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

to

6

DIRECTOR:

J R Bushell

REGISTERED OFFICE:

69 Victoria Road

Surbiton

Surrey

KT6 4NX

REGISTERED NUMBER:

06642924 (England and Wales)

ACCOUNTANTS:

Myrus Smith

Norman House

8 Burnell Road

Sutton

Surrey

SM1 4BW

The director presents her report with the financial statements of the company for the year ended 24 December 2017.

DIRECTOR

J R Bushell held office during the whole of the period from 25 December 2016 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006

relating to small companies.

ON BEHALF OF THE MANAGEMENT COMMITTEE:

J R Bushell - Director

20 October 2018

TURNOVER

3

82

82

Administrative expenses

1,461

674

OPERATING LOSS

(1,379

)

(592

)

Interest receivable and similar income

3

6

LOSS BEFORE TAXATION

(1,376

)

(586

)

Tax on loss

-

-

LOSS FOR THE FINANCIAL YEAR

(1,376

)

(586

)

FIXED ASSETS

Tangible assets

5

83,527

83,527

CURRENT ASSETS

Debtors

6

773

691

Cash at bank

8,126

9,895

8,899

10,586

CREDITORS

Amounts falling due within one year

7

1,960

2,271

NET CURRENT ASSETS

6,939

8,315

TOTAL ASSETS LESS CURRENT LIABILITIES

90,466

91,842

CAPITAL AND RESERVES

Called up share capital

8

15

15

Other reserves

9

82,700

82,700

Retained earnings

9

7,751

9,127

SHAREHOLDERS' FUNDS

90,466

91,842

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

The members have not required the company to obtain an audit of its financial statements for the year ended 24 December 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 20 October 2018 and were signed by:

J R Bushell - Director

1.	STATUTORY INFORMATION

Beaufort House (Wimbledon) 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 receivable from certain lessees.

Tangible fixed assets

Tangible fixed assets represents the cost of the freehold interest in the property Beaufort House,

acquired by the company in July 2008. No depreciation is provided on the freehold interest.

3.

TURNOVER

Turnover represents ground rents receivable from certain lessees.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2016 - NIL).

5.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 25 December 2016

and 24 December 2017

83,527

NET BOOK VALUE

At 24 December 2017

83,527

At 24 December 2016

83,527

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

773

691

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other creditors

1,960

2,271

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

15

Ordinary

£1

15

15

9.

RESERVES

Retained

Other

earnings

reserves

Totals

£

£

£

At 25 December 2016

9,127

82,700

91,827

Deficit for the year

(1,376

)

-

(1,376

)

At 24 December 2017

7,751

82,700

90,451

The other reserves comprise the capital reserve which reflects non-returnable contributions received

from the residents of Beaufort House for the acquisition of the freehold interest.