The Footprint Property Group (Yorkshire) - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07838213 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2018

for

The Footprint Property Group (Yorkshire)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M J P Hollick

Mr J P Chambers

REGISTERED OFFICE:

94 Gattison Lane

Rossington

Doncaster

South Yorkshire

DN11 0NR

REGISTERED NUMBER:

07838213 (England and Wales)

FIXED ASSETS

Tangible assets

3

32,648

10,732

CURRENT ASSETS

Stocks

669,756

394,917

Debtors

4

31,466

124,332

Cash at bank

10,157

-

711,379

519,249

CREDITORS

Amounts falling due within one year

5

857,057

451,040

NET CURRENT (LIABILITIES)/ASSETS

(145,678

)

68,209

TOTAL ASSETS LESS CURRENT LIABILITIES

(113,030

)

78,941

PROVISIONS FOR LIABILITIES

-

2,039

NET (LIABILITIES)/ASSETS

(113,030

)

76,902

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

(113,130

)

76,802

SHAREHOLDERS' FUNDS

(113,030

)

76,902

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 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 30 January 2019 and were signed on its behalf by:

Mr M J P Hollick - Director

1.	STATUTORY INFORMATION

The Footprint Property Group (Yorkshire) 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.

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 reducing balance and 10% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Going concern

At the year end the company had net liabilities of £113,030. However, the directors confirmed that it remains

appropriate to prepare the accounts on a going concern basis due to their continued financial support. The loan

from the directors at the balance sheet date was £227,803. The directors have confirmed they will not seek

repayment until the company is in a position to repay from positive reserves.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2017

14,520

Additions

24,868

At 30 September 2018

39,388

DEPRECIATION

At 1 October 2017

3,788

Charge for year

2,952

At 30 September 2018

6,740

NET BOOK VALUE

At 30 September 2018

32,648

At 30 September 2017

10,732

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Trade debtors

1,857

729

Other debtors

29,609

123,603

31,466

124,332

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Bank loans and overdrafts

-

2,190

Trade creditors

122,684

203,869

Taxation and social security

3,000

16,312

Other creditors

731,373

228,669

857,057

451,040

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.18

30.9.17

value:

£

£

100

Ordinary

£1

100

100

7.

RESERVES

Retained

earnings

£

At 1 October 2017

76,802

Deficit for the year

(189,932

)

At 30 September 2018

(113,130

)

8.	CAPITAL COMMITMENTS

30.9.18

30.9.17

£

£

Contracted but not provided for in the

financial statements

648,000

248,000