REGISTERED NUMBER: |
REPORT OF THE DIRECTORS AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2017 |
FOR |
ABINGDON COURT (TENANTS) KENSINGTON |
LIMITED |
REGISTERED NUMBER: |
REPORT OF THE DIRECTORS AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2017 |
FOR |
ABINGDON COURT (TENANTS) KENSINGTON |
LIMITED |
ABINGDON COURT (TENANTS) KENSINGTON |
LIMITED (REGISTERED NUMBER: 00984148) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2017 |
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 |
ABINGDON COURT (TENANTS) KENSINGTON |
LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MARCH 2017 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
12 Melcombe Place |
Marylebone |
London |
NW1 6JJ |
ABINGDON COURT (TENANTS) KENSINGTON |
LIMITED (REGISTERED NUMBER: 00984148) |
REPORT OF THE DIRECTORS |
FOR THE YEAR ENDED 31 MARCH 2017 |
The directors present their report with the financial statements of the company for the year ended 31 March 2017. |
PRINCIPAL ACTIVITY |
The company's activities comprise the control, supervision and management, on behalf of the lessees, of the site known |
as Abingdon Court, London W8. |
DIRECTORS |
The directors shown below have held office during the whole of the period from 1 April 2016 to the date of this report. |
Other changes in directors holding office are as follows: |
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: |
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
ABINGDON COURT (TENANTS) KENSINGTON |
LIMITED |
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 (Tenants) Kensington 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 (Tenants) Kensington 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 (Tenants) Kensington Limited and state those matters that we have agreed to state to the Board of Directors of Abingdon Court (Tenants) Kensington 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 (Tenants) Kensington Limited Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Abingdon Court (Tenants) Kensington 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 profit of Abingdon Court (Tenants) Kensington Limited. You consider that Abingdon Court (Tenants) Kensington 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 (Tenants) Kensington 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. |
12 Melcombe Place |
Marylebone |
London |
NW1 6JJ |
ABINGDON COURT (TENANTS) KENSINGTON |
LIMITED (REGISTERED NUMBER: 00984148) |
INCOME STATEMENT |
FOR THE YEAR ENDED 31 MARCH 2017 |
31.3.17 | 31.3.16 |
Notes | £ | £ |
TURNOVER |
OPERATING PROFIT and |
PROFIT BEFORE TAXATION | 3 |
Tax on profit |
PROFIT FOR THE FINANCIAL YEAR |
ABINGDON COURT (TENANTS) KENSINGTON |
LIMITED (REGISTERED NUMBER: 00984148) |
BALANCE SHEET |
31 MARCH 2017 |
31.3.17 | 31.3.16 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
SHAREHOLDERS' FUNDS |
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 were approved by the Board of Directors on by: |
ABINGDON COURT (TENANTS) KENSINGTON |
LIMITED (REGISTERED NUMBER: 00984148) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2017 |
1. | STATUTORY INFORMATION |
Abingdon Court (Tenants) Kensington Limited is a |
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 |
Service charge funds |
The company receives contributions towards property outgoings from the lessees ('service charge funds'). |
However, as set out in Section 42 of The Landlord & Tenant Act 1987, the company holds these funds in trust for |
the lessees and, in accordance with recommended practice issued by Institute of Chartered Accountants in |
England and Wales, these contributions are reflected in separate service charge accounts. |
3. | OPERATING PROFIT |
The directors received no remuneration in respect of their services to the company for the year. |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.17 | 31.3.16 |
£ | £ |
Other debtors |
5. | ULTIMATE CONTROLLING PARTY |
The Company is controlled by a voting majority of its shareholders and accordingly there is no controlling party. |