Company Registration No. 01897064 (England and Wales)
HEATHFIELD COURT (CHISWICK) LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2016
HEATHFIELD COURT (CHISWICK) LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
HEATHFIELD COURT (CHISWICK) LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
55,907
55,907
Current assets
Debtors
377
134
Cash at bank and in hand
5,840
5,490
6,217
5,624
Creditors: amounts falling due within one year
(1,711)
(2,330)
Net current assets
4,506
3,294
Total assets less current liabilities
60,413
59,201
Capital and reserves
Called up share capital
3
76
76
Share premium account
32,765
32,765
Other reserves
12,049
12,049
Profit and loss account
15,523
14,311
Shareholders' funds
60,413
59,201
For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 7 September 2016
I A T Sanderson
A W Pegler
Director
Director
Company Registration No. 01897064
HEATHFIELD COURT (CHISWICK) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents ground rents received.
1.4
Tangible fixed assets and depreciation
In the opinion of the Directors, it is not appropriate to provide depreciation on the freehold property because the asset merely represents the reversionary interest.
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Freehold
Nil
Fixtures, fittings & equipment
25% Straight Line
1.5
Staff Costs
The company has no staff costs other than its Directors. The Directors received no remuneration in the year (2015 - £Nil).
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2015 & at 31 March 2016
56,335
Depreciation
At 1 April 2015 & at 31 March 2016
428
Net book value
At 31 March 2016
55,907
At 31 March 2015
55,907
HEATHFIELD COURT (CHISWICK) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
29 "A" shares of £1 each
29
29
45 "B" shares of £1 each
45
45
2 "C" shares of £1 each
2
2
76
76