Company Registration No. 9685892 (England and Wales)
66 Sutherland Square Limited
Unaudited accounts
for the year ended 31 July 2018
66 Sutherland Square Limited
Unaudited accounts
Contents
66 Sutherland Square Limited
Company Information
for the year ended 31 July 2018
Directors
Vaughan Evans
Anne Wilson
Ian Wilson
Graeme Semple
Reema Selhi
Company Number
9685892 (England and Wales)
Registered Office
Flat 3, 66 Sutherland Square
Walworth
London
SE17 3EL
United Kingdom
Accountants
Peter Dell CCA
Office 5, Unit R1
Penfold Works, Imperial Way
Watford
Herts
WD24 4YY
66 Sutherland Square Limited
Statement of financial position
as at
31 July 2018
Tangible assets
12,602
12,602
Total assets less current liabilities
12,602
12,602
Creditors: amounts falling due after more than one year
(12,598)
(12,598)
Called up share capital
4
4
For the year ending 31 July 2018 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 23 April 2019.
Vaughan Evans
Director
Company Registration No. 9685892
66 Sutherland Square Limited
Notes to the Accounts
for the year ended 31 July 2018
66 Sutherland Square Limited is a private company, limited by shares, registered in England and Wales, registration number 9685892. The registered office is Flat 3, 66 Sutherland Square, Walworth, London, SE17 3EL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention and in accordance with Section 1A Small Entities of Financial Reporting Standard 102, The Financial Reporting Standard applicable in the UK and the Companies Act.
The accounts are presented in £ sterling.
The directors have not provided depreciation on the company's freehold of 66 Sutherland Square Limited and are implementing the true and fair view override, departing from the prescribed treatment s17 of FRS102, which requires all tangible fixed assets to be depreciated over their estimated economic lives.
Tangible fixed assets and depreciation
Freehold property is stated at historic cost and the directors do not consider it appropriate to provide for depreciation as noted above.
Financial commitments, guarantees and contingencies
There were no reportable financial commitments at the balance sheet date as regards operating leases and pensions.
4
Tangible fixed assets
Land & buildings
Cost or valuation
At cost
66 Sutherland Square Limited
Notes to the Accounts
for the year ended 31 July 2018
5
Creditors: amounts falling due after more than one year
2018
2017
Other creditors
12,598
12,598
The original lessee shareholders at 66 Sutherland Square funded the acquisition of the freehold of 66 Sutherland Square. The loans are transferred as part of share ownership, unsecured and interest-free and only repayable when the company has sufficient resources to repay the loans. The loans have been treated as basic financial instruments under the optional interim relief for small entities.
6
Share capital
2018
2017
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
7
Average number of employees
During the year the average number of employees was 0 (2017: 0).