Dock Street Freehold Limited - Accounts to registrar (filleted) - small 18.2

DOCK STREET FREEHOLD LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr E R Rodgers

SECRETARY:

Mrs J D Rodgers

REGISTERED OFFICE:

No. 1 Dock Street

Leeds

West Yorkshire

LS10 1NA

REGISTERED NUMBER:

05342189 (England and Wales)

ACCOUNTANTS:

Winn & Co

Chartered Accountants

62/63 Westborough

Scarborough

North Yorkshire

YO11 1TS

FIXED ASSETS

Tangible assets

3

706,500

706,500

CURRENT ASSETS

Debtors

4

-

13

Cash at bank

20,272

17,865

20,272

17,878

CREDITORS

Amounts falling due within one year

5

6,093

5,545

NET CURRENT ASSETS

14,179

12,333

TOTAL ASSETS LESS CURRENT LIABILITIES

720,679

718,833

PROVISIONS FOR LIABILITIES

84,874

84,874

NET ASSETS

635,805

633,959

CAPITAL AND RESERVES

Called up share capital

6

33,535

33,535

Share premium

70,164

70,164

Fair value reserve

7

453,467

453,467

Retained earnings

78,639

76,793

SHAREHOLDERS' FUNDS

635,805

633,959

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 14 July 2019 and were signed by:

Mr E R Rodgers - Director

1.	STATUTORY INFORMATION

Dock Street Freehold 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets

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

Freehold property

-

not provided

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.

3.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST OR VALUATION

At 1 April 2018

and 31 March 2019

706,500

NET BOOK VALUE

At 31 March 2019

706,500

At 31 March 2018

706,500

Cost or valuation at 31 March 2019 is represented by:

Freehold

property

£

Valuation in 2017

538,341

Cost

168,159

706,500

If land and buildings had not been revalued they would have been included at the following historical cost:

2019

2018

£

£

Cost

168,159

168,159

Land and buildings were valued on an open market basis basis on 28 March 2017 by Nabarro McAllister & Co .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other debtors

-

13

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Corporation tax

2,525

2,092

Other creditors

3,105

2,990

Accruals

463

463

6,093

5,545

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

35

Ordinary

£1

35

35

33,500

Investor Preference

1

33,500

33,500

33,535

33,535

7.

RESERVES

Fair

value

reserve

£

At 1 April 2018

and 31 March 2019

453,467