ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

MELROSE APARTMENTS PROPERTY LIMITED - Company Information

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Caseware UK (AP4) 2018.0.111 2018.0.111 2018-03-312018-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalseNo description of principal activityfalse2017-04-01 06657849 2017-04-01 2018-03-31 06657849 2016-04-01 2017-03-31 06657849 2018-03-31 06657849 2017-03-31 06657849 c:Director3 2017-04-01 2018-03-31 06657849 d:CurrentFinancialInstruments 2018-03-31 06657849 d:CurrentFinancialInstruments 2017-03-31 06657849 d:CurrentFinancialInstruments d:WithinOneYear 2018-03-31 06657849 d:CurrentFinancialInstruments d:WithinOneYear 2017-03-31 06657849 d:ShareCapital 2018-03-31 06657849 d:ShareCapital 2017-03-31 06657849 c:FRS102 2017-04-01 2018-03-31 06657849 c:AuditExempt-NoAccountantsReport 2017-04-01 2018-03-31 06657849 c:FullAccounts 2017-04-01 2018-03-31 06657849 c:PrivateLimitedCompanyLtd 2017-04-01 2018-03-31 iso4217:GBP xbrli:pure

Registered number: 06657849









MELROSE APARTMENTS PROPERTY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018
 
MELROSE APARTMENTS PROPERTY LIMITED
REGISTERED NUMBER: 06657849

BALANCE SHEET
AS AT 31 MARCH 2018

2018
2018
2017
2017
Note
£
£
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
19,500
9,750

Cash at bank and in hand
  
1
1

  
19,501
9,751

Creditors: amounts falling due within one year
 5 
(19,500)
(9,750)

Net current assets
  
 
 
1
 
 
1

  

Net assets
  
1
1


Capital and reserves
  

Called up share capital 
  
1
1

  
1
1


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 December 2018.




Christopher Clacken
Director


The notes on pages 2 to 3 form part of these financial statements.

Page 1
 
MELROSE APARTMENTS PROPERTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

1.


General information

Melrose Apartments Property Limited ("the company") is a private company limited by shares, registered in England and Wales. The registered office is 9 Lanark Square, London, E14 9RE. The principal activity is that of a holding company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue comprises of ground rent receivable.

 
2.3

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours

 
2.5

Creditors

Short term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2017 - 1).


4.


Debtors

2018
2017
£
£


Trade debtors
19,500
9,750


Page 2
 
MELROSE APARTMENTS PROPERTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

5.


Creditors: Amounts falling due within one year

2018
2017
£
£

Amounts owed to group undertakings
19,500
9,750



6.


Related party transactions

During the year the company engaged in transactions with an entity that is a director of the company. At the year end, this entity owed the company £19,500 (2017 - £9,750).

 
Page 3