26 GLEDHOW GARDENS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 SEPTEMBER 2018
26 Gledhow Gardens Limited is a private company limited by share capital, incorporated in England and Wales, registration number 04450879. The address of the registered office is Wisteria Grange Barn, Pikes End, Pinner, England, HA5 2EX.
The company's principal activity during the year was that of owning the freehold reversionary interest of 26 Gladhow Gardens, London, SW5 which it acquired on 28 June 2002. The company does not charge ground rents to the individual lessees who are also shareholders of the company and therefore no income was received during the year.
2.
Accounting policies
|
|
Basis of preparation of financial statements
|
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of
Financial Reporting Standard 102, the Financial Reporting Standard applicable in
the UK and the Republic of Ireland and the Companies Act 2006
.
The following principal accounting policies have been applied:
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
|
The average monthly number of employees, including directors, during the year was
5
(2017 -
5
)
.
|
Page 2
|