| Railton Properties Limited |
| Registered number: |
04557723 |
| Balance Sheet |
| as at 31 October 2018 |
|
| Notes |
|
|
2018 |
|
|
2017 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
546,318 |
|
|
546,318 |
|
| Current assets |
| Debtors |
3 |
|
457 |
|
|
394 |
| Cash at bank and in hand |
|
|
12,809 |
|
|
62,863 |
|
|
|
13,266 |
|
|
63,257 |
|
| Creditors: amounts falling due within one year |
4 |
|
(338,537) |
|
|
(359,095) |
|
| Net current liabilities |
|
|
|
(325,271) |
|
|
(295,838) |
|
| Total assets less current liabilities |
|
|
|
221,047 |
|
|
250,480 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(40,248) |
|
|
(65,248) |
|
|
|
| Net assets |
|
|
|
180,799 |
|
|
185,232 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
180,699 |
|
|
185,132 |
|
| Shareholders' funds |
|
|
|
180,799 |
|
|
185,232 |
|
|
|
|
|
|
|
|
| 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 L R Holden |
| Director |
| Approved by the board on 5 April 2019 |
|
| Railton Properties Limited |
| Notes to the Accounts |
| for the year ended 31 October 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). |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land and property, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
Not provided |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
| 2 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 November 2017 |
546,318 |
|
13,594 |
|
559,912 |
|
At 31 October 2018 |
546,318 |
|
13,594 |
|
559,912 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2017 |
- |
|
13,594 |
|
13,594 |
|
At 31 October 2018 |
- |
|
13,594 |
|
13,594 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2018 |
546,318 |
|
- |
|
546,318 |
|
At 31 October 2017 |
546,318 |
|
- |
|
546,318 |
|
|
| 3 |
Debtors |
2018 |
|
2017 |
| £ |
£ |
|
|
Prepayments |
|
|
|
|
457 |
|
394 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
| £ |
£ |
|
|
Trade creditors |
1,038 |
|
362 |
|
Corporation tax |
2,082 |
|
23,326 |
|
Accruals |
350 |
|
340 |
|
Directors Current Account |
335,067 |
|
335,067 |
|
|
|
|
|
|
338,537 |
|
359,095 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2018 |
|
2017 |
| £ |
£ |
|
|
Bank loans |
40,248 |
|
65,248 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
Railton Properties Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Rayghyll |
|
Dacre Banks |
|
Harrogate |
|
HG3 4HD |
