Registered Number
:
09631716
|
For the year ended 31 December 2016
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2016
PPNL SPV 27 Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
PPNL SPV 27 Limited
Statement of Financial Position
2015
2016
2
263,000
260,000
263,000
260,000
Trade and other receivables
|
339
716
3
2,033
Cash and cash equivalents
|
730
1,446
2,372
Trade and other payables
:
amounts falling due within one
|
year
|
(1,053)
(1,900)
4
1,319
(454)
Net current liabilities
Total assets less current liabilities
|
262,546
261,319
(907)
(149)
Provisions for liabilities
|
261,639
Net assets
261,170
1
1
128,699
257,399
7,060
-
-
3,770
125,879
-
261,639
261,170
Shareholders' funds
For the year ended 31 December 2016 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
|
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For the year ended 31 December 2016
PPNL SPV 27 Limited
Statement of Financial Position Continued
Coles Ridge Limited Director
|
These financial statements were approved and authorised for issue by the Board on 29 September 2017 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 December 2016
PPNL SPV 27 Limited
Notes to the Financial Statements
Statutory Information
PPNL SPV
27
Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
09631716
.
|
71 Queen Victoria Street, London
London
England
EC4V 4AY
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
|
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
|
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
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For the year ended 31 December 2016
PPNL SPV 27 Limited
Notes to the Financial Statements Continued
260,000
(1,621)
4,621
263,000
263,000
260,000
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. Reserves generated by revaluation gains after deferred tax are not distributable until the sale of the property in question. Fair Value adjustment gains of £7,967, less deferred tax liability of £907, leave a reserve of £7,060 that is tracked separately from distributable reserves. Leasehold investment property was valued by Brendon Thomas (MRICS) on 29 November 2016.
|
3
.
Trade and other receivables
|
2015
2016
716
339
4
.
Trade and other payables
:
amounts falling due within one year
|
2015
2016
140
285
Taxation and social security
|
1,760
768
1,900
1,053
5
.
Average number of persons employed
|
During the year the average number of employees was 0 .
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