Road To Zero Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11173526 (England and Wales)

Unaudited Financial Statements

for the Period 29 January 2018 to 31 January 2019

for

Road To Zero Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S N Clarke

Mrs N M Clarke

REGISTERED OFFICE:

76 Queens Road

Cheltenham

Gloucestershire

GL50 2NE

REGISTERED NUMBER:

11173526 (England and Wales)

ACCOUNTANTS:

Francis & Co

Second Floor

123 Promenade

Cheltenham

Gloucestershire

GL50 1NW

FIXED ASSETS

Tangible assets

4

379

Investment property

5

140,000

140,379

CURRENT ASSETS

Debtors

6

9,858

Cash at bank

37,728

47,586

CREDITORS

Amounts falling due within one year

7

93,171

NET CURRENT LIABILITIES

(45,585

)

TOTAL ASSETS LESS CURRENT LIABILITIES

94,794

CREDITORS

Amounts falling due after more than one year

8

92,245

NET ASSETS

2,549

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

2,547

SHAREHOLDERS' FUNDS

2,549

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2019 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.

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 21 February 2019 and were signed on its behalf by:

Mr S N Clarke - Director

1.	STATUTORY INFORMATION

Road To Zero Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

505

At 31 January 2019

505

DEPRECIATION

Charge for period

126

At 31 January 2019

126

NET BOOK VALUE

At 31 January 2019

379

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

133,292

Revaluations

6,708

At 31 January 2019

140,000

NET BOOK VALUE

At 31 January 2019

140,000

Fair value at 31 January 2019 is represented by:

£

Valuation in 2019

140,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

9,858

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

3,380

Other creditors

89,791

93,171

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

92,245

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr S N Clarke.