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REGISTERED NUMBER: 05597368 (England and Wales)















MORNINGTON AVENUE MANSIONS FREEHOLD
LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 24 MARCH 2018






MORNINGTON AVENUE MANSIONS FREEHOLD
LIMITED (REGISTERED NUMBER: 05597368)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24 MARCH 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MORNINGTON AVENUE MANSIONS FREEHOLD
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 24 MARCH 2018







DIRECTORS: Ms. S Brewster
Ms. Y K Pillai
Ms. M K Pillai
R J Sroka
T D Pinder





SECRETARY: Ms. M K Pillai





REGISTERED OFFICE: Flat 9, Mornington Avenue Mansions
28-30 Mornington Avenue
London
W14 8UW





REGISTERED NUMBER: 05597368 (England and Wales)





ACCOUNTANTS: Wilkins Kennedy
Anglo House
Bell Lane Office Village
Bell Lane
Amersham
Buckinghamshire
HP6 6FA

MORNINGTON AVENUE MANSIONS FREEHOLD
LIMITED (REGISTERED NUMBER: 05597368)

BALANCE SHEET
24 MARCH 2018

2018 2017
Notes £    £   
FIXED ASSETS
Tangible assets 4 74,239 74,239

CURRENT ASSETS
Debtors 5 45 45
Cash at bank 26,126 27,825
26,171 27,870
CREDITORS
Amounts falling due within one year 6 (4,555 ) (6,048 )
NET CURRENT ASSETS 21,616 21,822
TOTAL ASSETS LESS CURRENT
LIABILITIES

95,855

96,061

CREDITORS
Amounts falling due after more than one
year

7

(54,813

)

(54,813

)
NET ASSETS 41,042 41,248

RESERVES
Other reserves 40,335 40,335
Income and expenditure account 707 913
41,042 41,248

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 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 surplus or deficit 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.

MORNINGTON AVENUE MANSIONS FREEHOLD
LIMITED (REGISTERED NUMBER: 05597368)

BALANCE SHEET - continued
24 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 16 October 2018 and were signed on its
behalf by:





Ms. M K Pillai - Director


MORNINGTON AVENUE MANSIONS FREEHOLD
LIMITED (REGISTERED NUMBER: 05597368)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24 MARCH 2018


1. STATUTORY INFORMATION

Mornington Avenue Mansions Freehold Limited is a private company, limited by guarantee , 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 represents net invoiced sales of goods and services, excluding value added tax and adjusted
for accrued revenue calculated by reference to the fair value of services performed up to the balance
sheet date but not invoiced.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 5 (2017 - 4 ) .

MORNINGTON AVENUE MANSIONS FREEHOLD
LIMITED (REGISTERED NUMBER: 05597368)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 24 MARCH 2018


4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 25 March 2017
and 24 March 2018 74,239
NET BOOK VALUE
At 24 March 2018 74,239
At 24 March 2017 74,239

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Prepayments 45 45

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Sundry creditors 3,000 3,000
Accrued expenses 1,555 3,048
4,555 6,048

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Other loans (see note 8) 54,813 54,813

8. LOANS

An analysis of the maturity of loans is given below:

2018 2017
£    £   
Amounts falling due between one and two years:
Long term loan 54,813 54,813