Company Registration No. 02762945 (England and Wales)
SYNDICATE LIMITED
DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 SEPTEMBER 2016
SYNDICATE LIMITED
CONTENTS
Page
Directors' report
1
Balance sheet
2
Notes to the financial statements
3
SYNDICATE LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 28 SEPTEMBER 2016
- 1 -
The directors present their report and unaudited financial statements for the year ended 28 September 2016. The company is dormant and has not traded during the year.
Directors
The following directors have held office since 29 September 2015:
Maureen Defries
Andrew Icannides
Edward Leighton
Valerie Michaels
Patrick Thompson
On behalf of the board
Valerie Michaels
Director
19 January 2017
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 28 SEPTEMBER 2016
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
SYNDICATE LIMITED
BALANCE SHEET
AS AT
28 SEPTEMBER 2016
28 September 2016
- 2 -
2016
2015
Notes
£
£
Current assets
Debtors
2
6
6
Total assets less current liabilities
6
6
Capital and reserves
Called up share capital
3
6
6
Shareholders' funds
6
6
Audit exemption statement
For the financial year ended 28 September 2016 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 19 January 2017
Valerie Michaels
Director
Company Registration No. 02762945
SYNDICATE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 SEPTEMBER 2016
- 3 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention.
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
During the year the company has acted as agent for the lessees of the property at 7/9 Prince Arthur Road, London. The funds in relation to the maintenance of the property are held in trust. As at 28 September 2016 the cash balance held on behalf of the lessees amounted to £3,095.
The company therefore has no income or expenditure in its own right in relation to the maintenance of the common parts of the property held in accordance with the governing leases. Income and expenditure arising from these transactions is shown in separate service charge accounts for the property that do not form part of the annual accounts of the company and are not filed at Companies House. The accounts can be obtained from Syndicate Limited.
2
Debtors
2016
2015
£
£
Other debtors
6
6
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
6 Ordinary Shares of £1 each
6
6