REGISTERED NUMBER: |
Report of the Directors and |
Unaudited Financial Statements |
For The Year Ended 25 March 2022 |
for |
LINEPARK LIMITED |
REGISTERED NUMBER: |
Report of the Directors and |
Unaudited Financial Statements |
For The Year Ended 25 March 2022 |
for |
LINEPARK LIMITED |
LINEPARK LIMITED (REGISTERED NUMBER: 04466458) |
Contents of the Financial Statements |
For The Year Ended 25 March 2022 |
Page |
Company Information | 1 |
Report of the Directors | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 |
LINEPARK LIMITED |
Company Information |
For The Year Ended 25 March 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
T/A Lees-Buckley & Co |
16 Northfields Prospect |
Putney Bridge Road |
London |
SW18 1PE |
LINEPARK LIMITED (REGISTERED NUMBER: 04466458) |
Report of the Directors |
For The Year Ended 25 March 2022 |
The directors present their report with the financial statements of the company for the year ended 25 March 2022. |
PRINCIPAL ACTIVITY |
The company's principal activity during the year was the management of the property at 4 Gledhow Gardens, London SW5. |
DIRECTORS |
The directors shown below have held office during the whole of the period from 26 March 2021 to the date of this report. |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
ON BEHALF OF THE BOARD: |
LINEPARK LIMITED (REGISTERED NUMBER: 04466458) |
Income Statement |
For The Year Ended 25 March 2022 |
25.3.22 | 25.3.21 |
Notes | £ | £ |
TURNOVER |
Administrative expenses | ( |
) | ( |
) |
(1,039 | ) | (895 | ) |
Other operating income | 3 |
OPERATING PROFIT and |
PROFIT BEFORE TAXATION |
Tax on profit |
PROFIT FOR THE FINANCIAL YEAR |
LINEPARK LIMITED (REGISTERED NUMBER: 04466458) |
Balance Sheet |
25 March 2022 |
25.3.22 | 25.3.21 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 8 |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps 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 Sections 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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
LINEPARK LIMITED (REGISTERED NUMBER: 04466458) |
Notes to the Financial Statements |
For The Year Ended 25 March 2022 |
1. | STATUTORY INFORMATION |
Linepark Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
3. | OTHER OPERATING INCOME |
The company receives contributions from the lessees of 4 Gledhow Gardens, London SW5 in respect of its administrative expenses, and the management of the property. The movement of those funds during the year was as follows; |
25.03.22 | 25.03.21 |
£ | £ | £ |
Contributions Receivable From Lessees: |
Service Charge Demands | 17,576 | 17,516 |
Company Expenses Demands | 924 | 984 |
Service Charge Surplus & Company Demands |
Balance Refunded | (1,680 | ) | (2,391 | ) |
16,820 | 16,109 |
Expenditure: |
Service Charge Expenditure | 15,562 | 15,925 |
Contribution To Administrative Expenses Of Linepark Limited | 1,039 | 895 |
16,601 | 16,820 |
219 | (711 | ) |
Funds Due To Lessees At 25th March 2021 | 1,680 | 2,391 |
Funds Due To Lessees At 25th March 2022 | 1,899 | 1,680 |
Represented By; |
Service Charge Surplus | 2,014 | 1,591 |
Company (Expenses Balance Due)/Demands Balance Refundable | (115 | ) | 89 |
1,899 | 1,680 |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2021 - NIL). |
LINEPARK LIMITED (REGISTERED NUMBER: 04466458) |
Notes to the Financial Statements - continued |
For The Year Ended 25 March 2022 |
5. | INVESTMENT PROPERTY |
Total |
£ |
COST |
At 26 March 2021 |
and 25 March 2022 | 3 |
NET BOOK VALUE |
At 25 March 2022 | 3 |
At 25 March 2021 | 3 |
The company owns the freehold of 4 Gledhow Gardens, London SW5 which is stated at cost. In the opinion of the directors at 25th March 2022 there was no material difference between the book and fair value of the property. |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
25.3.22 | 25.3.21 |
£ | £ |
Lessee arrears | 424 | - |
Funds held by managing agents |
Prepayments |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
25.3.22 | 25.3.21 |
£ | £ |
Other creditors |
Service charge surplus/company |
(expenses balance due)/ |
demands balance (Note 3) | 1,899 | 1,680 |
Accrued expenses |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 25.3.22 | 25.3.21 |
value: | £ | £ |
Ordinary | £1 | 3 | 3 |