Sunderland (Course) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01636120 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 31 MARCH 2017 TO 31 DECEMBER 2017

FOR

SUNDERLAND (COURSE) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs J Densham

SECRETARY:

Mrs J Densham

REGISTERED OFFICE:

49 Canterbury Innovation Centre

University Road

Canterbury

Kent

CT2 7FG

REGISTERED NUMBER:

01636120 (England and Wales)

ACCOUNTANTS:

Ackland Webb Ltd

Chartered Certified Accountants

49 Canterbury Innovation Ctr

University Road

Canterbury

Kent

CT2 7FG

FIXED ASSETS

Intangible assets

4

1,670,000

1,670,000

Tangible assets

5

-

2,191

1,670,000

1,672,191

CURRENT ASSETS

Debtors

6

762,392

757,841

Cash at bank and in hand

-

50,029

762,392

807,870

CREDITORS

Amounts falling due within one year

7

183,162

228,407

NET CURRENT ASSETS

579,230

579,463

TOTAL ASSETS LESS CURRENT LIABILITIES

2,249,230

2,251,654

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

1,650,000

2,150,000

Retained earnings

599,130

101,554

SHAREHOLDERS' FUNDS

2,249,230

2,251,654

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 17 December 2018 and were signed by:

Mrs J Densham - Director

1.	STATUTORY INFORMATION

Sunderland (Course) 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

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 and 25% on reducing balance

Taxation

Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 31 March 2017

and 31 December 2017

2,170,000

AMORTISATION

At 31 March 2017

and 31 December 2017

500,000

NET BOOK VALUE

At 31 December 2017

1,670,000

At 30 March 2017

1,670,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 31 March 2017

72,838

Disposals

(72,838

)

At 31 December 2017

-

DEPRECIATION

At 31 March 2017

70,647

Eliminated on disposal

(70,647

)

At 31 December 2017

-

NET BOOK VALUE

At 31 December 2017

-

At 30 March 2017

2,191

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

30.3.17

£

£

Trade debtors

38,886

38,886

Amounts owed by group undertakings

723,456

718,905

Other debtors

50

50

762,392

757,841

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

30.3.17

£

£

Trade creditors

-

70,530

Amounts owed to group undertakings

-

153,871

Taxation and social security

-

(209

)

Other creditors

183,162

4,215

183,162

228,407

8.

RESERVES

Revaluation

reserve

£

At 31 March 2017

2,150,000

Revaluation reserve

(500,000

)

At 31 December 2017

1,650,000