34-36 Santos Road Limited
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Notes to the Accounts |
for the year ended 31 March 2020
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
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Freehold buildings |
over 50 years |
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Leasehold land and buildings |
over the lease term |
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Plant and machinery |
over 5 years |
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Fixtures, fittings, tools and equipment |
over 5 years |
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2 |
Employees |
2020 |
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2019 |
Number |
Number |
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Average number of persons employed by the company |
1 |
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1 |
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3 |
Tangible fixed assets |
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Land and buildings |
£ |
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Cost |
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At 1 April 2019 |
36,000 |
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At 31 March 2020 |
36,000 |
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Depreciation |
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At 31 March 2020 |
- |
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Net book value |
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At 31 March 2020 |
36,000 |
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At 31 March 2019 |
36,000 |
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4 |
Debtors |
2020 |
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2019 |
£ |
£ |
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Other debtors |
6 |
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6 |
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5 |
Loans to directors |
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Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
£ |
£ |
£ |
£ |
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|
- |
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- |
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- |
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- |
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6 |
34-36 Santos Road Leaseholder Income and Expenditure account |
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2020 |
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2019 |
£ |
£ |
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Income: |
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Service charges |
7,200 |
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7,200 |
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Expenditure: |
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Light and heat |
323 |
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344 |
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Building works |
945 |
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- |
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Insurance |
2,974 |
|
2,795 |
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Accountancy |
912 |
|
965 |
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Bank charges |
80 |
|
82 |
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(5,234) |
|
(4,186) |
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Surplus/(Deficit) for the year |
1,966 |
|
3,014 |
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7 |
34-36 Santos Road Leaseholder Balance Sheet |
2020 |
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2019 |
£ |
£ |
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Assets: |
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Cash at bank |
9,541 |
|
6,825 |
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Leaseholder service charge |
(90) |
|
660 |
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9,451 |
|
7,485 |
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Less Liabilities: |
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Creditors and Accruals |
937 |
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937 |
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Net assets |
8,514 |
|
6,548 |
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Reserves: |
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Surplus/(Deficit) for the year |
1,966 |
|
3,014 |
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Brought forward |
6,548 |
|
3,534 |
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8,514 |
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6,548 |
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8 |
Controlling party |
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There is no one controlling party.
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9 |
Other information |
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34-36 Santos Road Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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1 Old Court Mews |
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311 Chase Road |
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London |
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England |
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N14 6JS |