REGISTERED NUMBER: 01782462 (England and Wales)

REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

ABINGDON COURT FREEHOLD LIMITED

Page

Company Information

1

Report of the Directors

2

Chartered Accountants' Report

3

Income Statement

4

Balance Sheet

5

Notes to the Financial Statements

6

DIRECTORS:

J B Childs

M A Forsyth

V Guiraud

P Schmuki

C Magnus

E Bacon

SECRETARY:

M A Forsyth

REGISTERED OFFICE:

c/o Websters

12 Melcombe Place

Marylebone

London

NW1 6JJ

REGISTERED NUMBER:

01782462 (England and Wales)

ACCOUNTANTS:

Websters

12 Melcombe Place

Marylebone

London

NW1 6JJ

The directors present their report with the financial statements of the company for the year ended 31 March 2017.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2016 to the date of this report.

J B Childs

M A Forsyth

V Guiraud

P Schmuki

C Magnus

E Bacon

Other changes in directors holding office are as follows:

J C Mathew - resigned 8 March 2017

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 BOARD:

M.A. Forsyth - Director

13 December 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Abingdon Court Freehold Limited for the year ended 31 March 2017 which comprise the Income

Statement, Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Abingdon Court Freehold Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Abingdon Court Freehold Limited and state those matters that we have agreed to state to the Board of Directors of Abingdon Court Freehold Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Abingdon Court Freehold Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Abingdon Court Freehold Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Abingdon Court Freehold Limited. You consider that Abingdon Court Freehold Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Abingdon Court Freehold Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Websters

12 Melcombe Place

Marylebone

London

NW1 6JJ

13 December 2017

TURNOVER

1,800

1,800

Administrative expenses

(1,827

)

(2,032

)

OPERATING LOSS

(27

)

(232

)

Interest receivable and similar income

19

23

LOSS BEFORE TAXATION

(8

)

(209

)

Tax on loss

-

-

LOSS FOR THE FINANCIAL YEAR

(8

)

(209

)

FIXED ASSETS

Tangible assets

3

-

-

Investments

4

-

-

-

-

CURRENT ASSETS

Cash at bank

36,093

37,658

CREDITORS

Amounts falling due within one year

5

(3,106

)

(4,663

)

NET CURRENT ASSETS

32,987

32,995

TOTAL ASSETS LESS CURRENT LIABILITIES

32,987

32,995

CAPITAL AND RESERVES

Called up share capital

57

57

Capital reserve

39,754

39,754

Retained earnings

(6,824

)

(6,816

)

SHAREHOLDERS' FUNDS

32,987

32,995

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 13 December 2017 and were signed on its behalf by:

M.A. Forsyth - Director

1.	STATUTORY INFORMATION

Abingdon Court 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.

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.

Turnover

Turnover consists of rent receivable.

3.	TANGIBLE FIXED ASSETS

All members of the Company have subscribed collectively to the cost of forming the company and acquiring the

freehold of Abingdon Court, in exchange for extended leases.

In the opinion of the directors the open market value of the freehold reversion is nil.

4.	FIXED ASSET INVESTMENTS

The company holds 100 B Ordinary shares of 5 pence each in Abingdon Court (Tenants) Kensington Limited,

which manages the company's property. All (57) tenants are also members, each holding 1 A Ordinary share of

£1.

The cost of acquisition of the company's shareholding was nil and these shares have only nominal value.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Other creditors

3,106

4,663

6.	RELATED PARTY DISCLOSURES