Old Rec Cottages Limited - Period Ending 2018-10-31

Registration number: 04943148

Old Rec Cottages Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2018

Old Rec Cottages Limited

(Registration number: 04943148)
Balance Sheet as at 31 October 2018

	2018 £	2017 £
Fixed assets	202,661	197,652
Current assets	1,228	18,581
Prepayments and accrued income	674	666
Creditors: Amounts falling due within one year	(39,286)	(50,147)
Net current liabilities	(37,384)	(30,900)
Total assets less current liabilities	165,277	166,752
Accruals and deferred income	(736)	(715)
	164,541	166,037
Capital and reserves	164,541	166,037

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
The Old Rectory
Cellan
Lampeter
Ceredigion
SA48 8HX

These financial statements were authorised for issue by the Board on 31 July 2019.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2. Transition to FRS 105

These are the first financial statements prepared by the entity under FRS 105. Deferred tax is not recognised under FRS 105 and as such has been removed from the financial statements as at 1 November 2016. This has increased profit reported in the previous year by £1,283 and reduced reserves reported in the previous year by £564.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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Old Rec Cottages Limited

(Registration number: 04943148)
Balance Sheet as at 31 October 2018 (continued)

For the financial year ending 31 October 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 31 July 2019 and signed on its behalf by:
 

.........................................

Mr A J Morgan
Director

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