Cobleigh Properties Limited Filleted accounts for Companies House (small and micro)
Cobleigh Properties Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
4446134
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Statement of Financial Position |
2018 |
2017 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
4 |
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Current assets
Debtors |
5 |
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Cash at bank and in hand |
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------- |
------- |
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Creditors: amounts falling due within one year |
6 |
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------- |
------- |
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Net current assets |
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------- |
------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
7 |
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------- |
------- |
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Net assets |
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Capital and reserves
Called up share capital |
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Revaluation reserve |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
6 March 2019
, and are signed on behalf of the board by:
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Director |
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Company registration number:
4446134
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Notes to the Financial Statements |
Year ended 31 July 2018
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Cobleigh, Claycastle, Haselbury Plucknett, CREWKERNE, Somerset, TA18 7PB.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
4.
Tangible assets
Land and buildings |
Fixtures and fittings |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 August 2017 |
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Additions |
– |
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------ |
------- |
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At 31 July 2018 |
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------- |
------ |
------- |
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Depreciation |
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At 1 August 2017 |
– |
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Charge for the year |
– |
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------- |
------ |
------- |
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At 31 July 2018 |
– |
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------- |
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Carrying amount |
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At 31 July 2018 |
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At 31 July 2017 |
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The Investment Freehold Property, the historic cost of which is £54,698, was revalued by the Director at 31st July 2018 on the basis of net realisable value.
5.
Debtors
2018 |
2017 |
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£ |
£ |
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Trade debtors |
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– |
Other debtors |
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------ |
---- |
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---- |
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6.
Creditors:
amounts falling due within one year
2018 |
2017 |
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£ |
£ |
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Trade creditors |
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Corporation tax |
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Other creditors |
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------ |
------ |
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7.
Creditors:
amounts falling due after more than one year
2018 |
2017 |
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£ |
£ |
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Director's Current Account |
25,200 |
25,200 |
Other Loans |
16,800 |
16,800 |
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8.
Related party transactions
The company was under the control of the Director and her family throughout the period.