LUTON INVESTMENT PROPERTIES LIMITED | |
UNAUDITED FINANCIAL STATEMENTS | |
FOR THE YEAR ENDED 31 OCTOBER 2017 | |
LUTON INVESTMENT PROPERTIES LIMITED | |||
FINANCIAL STATEMENTS | |||
FOR THE YEAR ENDED 31 OCTOBER 2017 | |||
DIRECTORS | |||
Kyriakos Tsagkaris | |||
Christos Michael | |||
REGISTERED OFFICE | |||
21 Aylmer Parade Aylmer Road London N2 0AT |
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COMPANY REGISTERED NUMBER | |||
09843565 | |||
BANKERS | |||
Metro Bank Plc One Southampton Row London WC1B 5HA |
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ACCOUNTANTS | |||
AMK Russell Marks Limited | |||
Chartered Accountants | |||
21 Aylmer Parade Aylmer Road London N2 0AT |
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page 1 | |
LUTON INVESTMENT PROPERTIES LIMITED | |||
FINANCIAL STATEMENTS | |||
FOR THE YEAR ENDED 31 OCTOBER 2017 | |||
CONTENTS | |||
Pages | |||
3 | Statement of Financial Position | ||
4-6 | Notes to the Financial Statements | ||
page 2 | |
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Company registered number: |
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STATEMENT OF FINANCIAL POSITION AT |
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Note | 2017 | 2016 | |||
£ | £ | ||||
FIXED ASSETS | |||||
Investment property | 2 |
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CURRENT ASSETS | |||||
Debtors | 3 |
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Cash at bank and in hand |
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CREDITORS: Amounts falling due within one year | 4 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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CREDITORS: Amounts falling due after more than one year | 5 | ( |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital |
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Retained earnings |
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SHAREHOLDERS' FUNDS |
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In approving these financial statements as directors of the company we hereby confirm the following: | |||
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. | |||
The financial statements were approved and authorised for issue by the board of directors on |
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Signed on behalf of the board of directors | |||
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The notes on pages 4-6 form part of these financial statements | |
page 3 | |
LUTON INVESTMENT PROPERTIES LIMITED | |||
NOTES TO THE ACCOUNTS | |||
FOR THE YEAR ENDED 31 OCTOBER 2017 |
1. | SIGNIFICANT ACCOUNTING POLICIES | ||
1a. | Statement of compliance | |||
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Registered office: | ||||
Aylmer Road London N2 0AT |
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These financial statements are the first financial statements that comply with FRS 102. The date of transition is 1 November 2016. | ||||
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Basis of accounting | ||||
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1c. | Revenue recognition | |||
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1d. | Taxation | |||
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1e. | Investment property | ||
and loss account accumulated in the profit and loss reserve unless a deficit below original cost, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year. |
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The notes on pages 4-6 form part of these financial statements | |
page 4 | |
LUTON INVESTMENT PROPERTIES LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 OCTOBER 2017 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1f. | Short term debtors and creditors | |||
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1g. | Cash and cash equivalents | |||
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1h. | Provisions | |||
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Investment Properties | |||
Total | |||
£ | |||
Fair value at 1 November 2016 |
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Acquisitions other than through business combinations |
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Fair value at 31 October 2017 |
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3. | DEBTORS | 2017 | 2016 |
£ | £ | ||
Trade debtors |
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4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
2017 | 2016 | ||
£ | £ | ||
Trade creditors |
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Corporation tax |
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Other taxes and social security |
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Accruals |
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The notes on pages 4-6 form part of these financial statements | |
page 5 | |
LUTON INVESTMENT PROPERTIES LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 OCTOBER 2017 |
5. | CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR | ||
2017 | 2016 | ||
£ | £ | ||
Other loans |
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Analysis of borrowings: | |||
Due within five years: | |||
within 2-5 years | |||
other |
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447,409 | 431,075 | ||
The notes on pages 4-6 form part of these financial statements | |
page 6 |