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REGISTERED NUMBER: 10385374 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2018

FOR

ISLANDBRIDGE LOUGHTON LIMITED

ISLANDBRIDGE LOUGHTON LIMITED (REGISTERED NUMBER: 10385374)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ISLANDBRIDGE LOUGHTON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2018







DIRECTORS: G P Couch
S Allen





SECRETARY:





REGISTERED OFFICE: 188 High Road
Loughton
Essex
IG10 1DN





REGISTERED NUMBER: 10385374 (England and Wales)





ACCOUNTANTS: Cook & Partners Limited
Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

ISLANDBRIDGE LOUGHTON LIMITED (REGISTERED NUMBER: 10385374)

BALANCE SHEET
31ST MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 5,725,576 5,328,384

CURRENT ASSETS
Debtors 5 25,305 41,783
Cash at bank 65,461 16,645
90,766 58,428
CREDITORS
Amounts falling due within one year 6 390,312 34,344
NET CURRENT (LIABILITIES)/ASSETS (299,546 ) 24,084
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,426,030

5,352,468

CREDITORS
Amounts falling due after more than one
year

7

5,445,400

5,375,400
NET LIABILITIES (19,370 ) (22,932 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (19,470 ) (23,032 )
(19,370 ) (22,932 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2018 in accordance with Section 476 of the Companies Act 2006.

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.

ISLANDBRIDGE LOUGHTON LIMITED (REGISTERED NUMBER: 10385374)

BALANCE SHEET - continued
31ST MARCH 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 8th November 2018 and were signed on its behalf
by:





G P Couch - Director


ISLANDBRIDGE LOUGHTON LIMITED (REGISTERED NUMBER: 10385374)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2018

1. STATUTORY INFORMATION

Islandbridge Loughton Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

ISLANDBRIDGE LOUGHTON LIMITED (REGISTERED NUMBER: 10385374)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2018

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2017 5,328,384
Additions 397,192
At 31st March 2018 5,725,576
NET BOOK VALUE
At 31st March 2018 5,725,576
At 31st March 2017 5,328,384

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 15,305 10,783
Other debtors 10,000 31,000
25,305 41,783

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 318,261 15,076
Taxation and social security 7,853 2,368
Other creditors 64,198 16,900
390,312 34,344

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Other creditors 5,445,400 5,375,400