Company Registration No. 01800226 (England and Wales)
CARLYLE MANSIONS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019
PAGES FOR FILING WITH REGISTRAR
CARLYLE MANSIONS LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 5
CARLYLE MANSIONS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2019
31 March 2019
- 1 -
2019
2018
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1
1
Investments
3
1
1
2
2
Current assets
Debtors
4
2,236
270
Cash at bank and in hand
4,059
7,037
6,295
7,307
Creditors: amounts falling due within one year
5
(9,440)
(3,248)
Net current (liabilities)/assets
(3,145)
4,059
Total assets less current liabilities
(3,143)
4,061
Capital and reserves
Called up share capital
6
25
25
Profit and loss reserves
(3,168)
4,036
Total equity
(3,143)
4,061
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 23 December 2019 and are signed on its behalf by:
Mr RJ Pepprell
Director
Company Registration No. 01800226
CARLYLE MANSIONS LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2019
- 2 -
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 April 2017
25
3,397
3,422
Year ended 31 March 2018:
Profit and total comprehensive income for the year
-
639
639
Balance at 31 March 2018
25
4,036
4,061
Year ended 31 March 2019:
Loss and total comprehensive income for the year
-
(7,204)
(7,204)
Balance at 31 March 2019
25
(3,168)
(3,143)
CARLYLE MANSIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019
- 3 -
1
Accounting policies
Company information
Carlyle Mansions Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
3rd Floor, 114a Cromwell Road, London, SW7 4AG.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover represents ground rents receivable.
1.3
Tangible fixed assets
Tangible fixed assets
are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
1.4
Cash at bank and in hand
Cash at bank and in hand
are basic financial assets
and
include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.5
Financial instruments
The company only has financial assets and financial liabilities of a kind that quality as basic financial instruments. Basic financial instruments are initially recognised at cost and are subsequently measured at their settlement value.
1.6
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
CARLYLE MANSIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2019
- 4 -
2
Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2018 and 31 March 2019
1
Depreciation and impairment
At 1 April 2018 and 31 March 2019
-
Carrying amount
At 31 March 2019
1
At 31 March 2018
1
Freehold land and building at Carlyle Mansions, Cheyne Walk, London were purchased by contributions from lessees, who them became members. There are currently 24 members.
3
Fixed asset investments
2019
2018
£
£
Investments
1
1
Movements in fixed asset investments
Investments other than loans
£
Cost or valuation
At 1 April 2018 & 31 March 2019
1
Carrying amount
At 31 March 2019
1
At 31 March 2018
1
4
Debtors
2019
2018
Amounts falling due within one year:
£
£
Trade debtors
100
270
Other debtors
2,136
-
2,236
270
CARLYLE MANSIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2019
- 5 -
5
Creditors: amounts falling due within one year
2019
2018
£
£
Trade creditors
6,307
1,394
Amounts due to service charge
1,372
629
Ground rents received in advance
500
500
Accruals and deferred income
1,261
725
9,440
3,248
6
Called up share capital
2019
2018
£
£
Ordinary share capital
Issued and fully paid
25 ordinary of £1 each
25
25
25
25