37 Lennox Gardens Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03213660 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018

FOR

37 LENNOX GARDENS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

T Holderness-Roddam

Mrs R D Arnold

J Langham

SECRETARY:

UDL Estate Management Limited

REGISTERED OFFICE:

21 Church Street

Staines upon Thames

Middlesex

TW18 4EN

REGISTERED NUMBER:

03213660 (England and Wales)

ACCOUNTANTS:

H & E Johnson

Chartered Accountants

Sandall House

230 High Street

Herne Bay

Kent

CT6 5AX

FIXED ASSETS

Tangible assets

3

2

2

CURRENT ASSETS

Debtors

4

13,869

9,031

Prepayments and accrued income

250

-

Cash at bank

18,368

19,986

32,487

29,017

CREDITORS

Amounts falling due within one year

5

15,123

11,567

NET CURRENT ASSETS

17,364

17,450

TOTAL ASSETS LESS CURRENT LIABILITIES

17,366

17,452

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

17,266

17,352

SHAREHOLDERS' FUNDS

17,366

17,452

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 9 November 2018 and were signed on its behalf by:

T Holderness-Roddam - Director

1.	STATUTORY INFORMATION

37 Lennox Gardens 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 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.

Land and buildings

-

not provided

3.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 April 2017

and 31 March 2018

2

NET BOOK VALUE

At 31 March 2018

2

At 31 March 2017

2

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

10,602

8,906

Other debtors

3,267

125

13,869

9,031

The Service charge debtors represent amounts owed by each flat at the year end date.

31.03.2018

31.03.2017

Flat 1

853.54

761.06

Flat 2

2,987.55

3,496.72

Flat 3

2,068.11

638.26

Flat 4

557.84

445.36

Flat 5

957.49

489.11

Flat 6

502.84

1,963.60

Flat 7

897.99

459.36

Flat 8

658.59

339.66

Flat 9

1,118.30

313.06

10,602.25

8,906.19

The Rental debtors represent amounts owed by each flat at the year end date.

Flat 3 (ground rent)

500.00

125.00

Flat 7 (cupboard space rent)

-

-

500.00

125.00

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Corporation tax

-

1

Other creditors - Management

1,800

-

Shareholders current accounts

12,663

10,906

Accrued expenses

660

660

15,123

11,567

6.	SERVICE CHARGES

EXPENDITURE ANALYSIS

Total bank payments

17,138.17

add Management creditor

1,800.00

less Management prepayment

(1,935.00

)

less Garden maintenance prepayment

(832.36

)

less Company secretarial

(135.00

)

less Accountancy

(692.00

)

less Annual return

(13.00

)

(1,807.36

)

TOTAL S/C expenditure

15,330.81

S/C BREAKDOWN

Managing agent's fee

3,696.00

Garden maintenance

2,067.66

Cleaning

1,560.00

Insurance

5,535.58

Repairs & maintenance

1,907.10

Electricity

500.47

Bank charges

64.00

15,330.81

% charged

S/C Invoiced

S/C Expended

(Surplus)/ Deficit

Flat 1

18.89

2,987.55

2,895.99

(91.56

)

Flat 2

18.89

2,987.55

2,895.99

(91.56

)

Flat 3

11.43

1,943.11

1,752.31

(190.80

)

Flat 4

9.49

1,671.55

1,454.89

(216.66

)

Flat 5

10.74

1,846.55

1,646.53

(200.02

)

Flat 6

8.49

1,531.55

1,301.59

(229.96

)

Flat 7

9.89

1,727.55

1,516.22

(211.33

)

Flat 8

6.47

1,248.75

991.90

(256.85

)

Flat 9

5.71

1,142.35

875.39

(266.96

)

100.00

17,086.51

15,330.81

(1,755.70

)