| Willows Development (Lytham) Limited |
| Registered number: |
01704059 |
| Balance Sheet |
| as at 31 December 2018 |
|
| Notes |
|
|
2018 |
|
|
2017 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
15,196 |
|
|
15,196 |
|
| Current assets |
| Debtors |
3 |
|
961 |
|
|
1,742 |
| Cash at bank and in hand |
|
|
4,008 |
|
|
28,686 |
|
|
|
4,969 |
|
|
30,428 |
|
| Creditors: amounts falling due within one year |
4 |
|
(2,213) |
|
|
(24,830) |
|
| Net current assets |
|
|
|
2,756 |
|
|
5,598 |
|
| Total assets less current liabilities |
|
|
|
17,952 |
|
|
20,794 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(1,500) |
|
|
(1,500) |
|
|
|
| Net assets |
|
|
|
16,452 |
|
|
19,294 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
6 |
|
|
6 |
| Profit and loss account |
|
|
|
16,446 |
|
|
19,288 |
|
| Shareholders' funds |
|
|
|
16,452 |
|
|
19,294 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr P D Harvey |
| Director |
| Approved by the board on 18 March 2019 |
|
| Willows Development (Lytham) Limited |
| Notes to the Accounts |
| for the year ended 31 December 2018 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents the services charges collected to meet the costs of the residential properties |
|
|
Taxation |
|
There was no liability for corporation tax in the year ending 31st December 2018 |
|
|
| 2 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 January 2018 |
15,196 |
|
At 31 December 2018 |
15,196 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 December 2018 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2018 |
15,196 |
|
At 31 December 2017 |
15,196 |
|
Included in Land and buildings is the freehold land which is not depreciated |
|
|
| 3 |
Debtors |
2018 |
|
2017 |
| £ |
£ |
|
|
Other debtors |
961 |
|
1,742 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
| £ |
£ |
|
|
Other creditors |
2,213 |
|
24,830 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2018 |
|
2017 |
| £ |
£ |
|
|
Other creditors |
1,500 |
|
1,500 |
|
|
|
|
|
|
|
|
|
|
The following bonds held are included within creditors due after one year |
|
|
Compulsory bonds |
|
|
£ |
|
Flat 4 |
250 |
|
Flat 5 |
250 |
|
Flat 6 |
250 |
|
Flat 7 |
250 |
|
Flat 8 (Penthouse) |
500 |
|
|
Total |
1,500 |
|
|
| 6 |
Related party transactions |
|
|
There were no related party transactions |
|
|
| 7 |
Controlling party |
|
|
There is no one controlling party |
|
|
| 8 |
Other information |
|
|
Willows Development (Lytham) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
42 St Andrews Road South |
|
Lytham St Annes |
|
Lancs |
|
FY8 1PS |
