126 Atkins Road Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08408889 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2018

FOR

126 ATKINS ROAD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr L J Bonner

Mr N T Crawford

Mr B P Roccia

REGISTERED OFFICE:

Unit 4 Abbeville Mews

88 Clapham Park Road

London

SW4 7BX

REGISTERED NUMBER:

08408889 (England and Wales)

ACCOUNTANTS:

TSB

Chartered Accountants

Suite 47

The Wenta Business Centre

1 Electric Avenue

Enfield

EN3 7XU

FIXED ASSETS

Investment property

3

2,500,000

2,500,000

CURRENT ASSETS

Debtors

4

43,500

-

Cash at bank

254,493

388,324

297,993

388,324

CREDITORS

Amounts falling due within one year

5

78,085

111,250

NET CURRENT ASSETS

219,908

277,074

TOTAL ASSETS LESS CURRENT LIABILITIES

2,719,908

2,777,074

CAPITAL AND RESERVES

Called up share capital

1

1

Revaluation reserve

6

266,486

266,486

Retained earnings

2,453,421

2,510,587

SHAREHOLDERS' FUNDS

2,719,908

2,777,074

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 14th December 2018 and were signed on its behalf by:

Mr B P Roccia - Director

Mr N T Crawford - Director

Mr L J Bonner - Director

1.	STATUTORY INFORMATION

126 Atkins Road 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Investment property

Investment properties, which comprise properties held for rental, are revalued annually and the aggregate surplus or deficit

transferred to the revaluation reserve except where any deficit is deemed permanent when it is taken to the profit and loss

account. No provision is made for depreciation of investment properties. This departure from the requirements of the

Regulations, which require all properties to be depreciated, is in the opinion of the Directors, necessary for the Financial

Statements to show a true and fair view in accordance with applicable accounting standards. If this departure had not been

made, the profit for the financial year would have been reduced by depreciation. However, the amount of depreciation cannot

reasonably be quantified, because depreciation is only one of many factors reflected in the annual valuation and the amount

which might otherwise have been shown cannot be separately identified or quantified.

Rents received

Rent received represents net rental income payments received during the year excluding VAT.

3.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st July 2017

and 30th June 2018

2,500,000

NET BOOK VALUE

At 30th June 2018

2,500,000

At 30th June 2017

2,500,000

The directors consider the market value of the investment properties to be £2.5m.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

43,500

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Amounts owed to group undertakings

-

31,831

Taxation and social security

33,505

34,619

Other creditors

44,580

44,800

78,085

111,250

6.

RESERVES

Revaluation

reserve

£

At 1st July 2017

and 30th June 2018

266,486