Charles Roe Ltd - Accounts to registrar (filleted) - small 18.2
Charles Roe Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2018 |
| for |
| Charles Roe Ltd |
| Charles Roe Ltd (Registered number: 03133029) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2018 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 |
| Charles Roe Ltd (Registered number: 03133029) |
| Balance Sheet |
| 31 December 2018 |
| 31.12.18 | 31.12.17 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| Investment property | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 | ( |
) | ( |
) |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Capital redemption reserve |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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. |
| 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 |
| Charles Roe Ltd (Registered number: 03133029) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2018 |
| 1. | STATUTORY INFORMATION |
| Charles Roe Ltd is a |
| registered number and registered office address are as below: |
| Registered number: | 03133029 |
| Registered office: | Normans Hall Farm |
| Shrigley Road |
| Pott Shrigley |
| Cheshire |
| SK10 5SE |
| 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. |
| Preparation of consolidated financial statements |
| The financial statements contain information about Charles Roe Ltd as an individual company and do not contain |
| consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the |
| Companies Act 2006 from the requirements to prepare consolidated financial statements. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
| fair value is recognised in profit or loss. |
| A deferred tax provision is recognised in respect of any increase or decrease in the fair value reserve. |
| Some of the company's properties are held for long-term investment. Investment properties are accounted for in |
| accordance with the FRS 102, as follows: |
| No depreciation is provided in respect of investment properties and they are revalued annually. The surplus or |
| deficit on revaluation is transferred to the profit and loss reserve unless a deficit below original cost, or its |
| reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the |
| profit and loss account for the year. |
| This treatment as regards the company's investment properties may be a departure from the requirements of the |
| Companies Act concerning the depreciation of fixed assets. However, these properties are not held for |
| consumption but for investment and the directors consider that systematic annual depreciation would be |
| inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give a true |
| and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the |
| amount which might otherwise have been shown cannot be separately identified or quantified. |
| Charles Roe Ltd (Registered number: 03133029) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2018 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| Going concern |
| The financial statements have been prepared on a going concern basis. The company continues to trade with the |
| support of the director. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Motor | Computer |
| machinery | fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 January 2018 |
| Additions |
| At 31 December 2018 |
| DEPRECIATION |
| At 1 January 2018 |
| Charge for year |
| At 31 December 2018 |
| NET BOOK VALUE |
| At 31 December 2018 |
| At 31 December 2017 |
| Charles Roe Ltd (Registered number: 03133029) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2018 |
| 5. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| Additions |
| At 31 December 2018 |
| NET BOOK VALUE |
| At 31 December 2018 |
| 6. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 January 2018 |
| Additions |
| Disposals | ( |
) |
| At 31 December 2018 |
| NET BOOK VALUE |
| At 31 December 2018 |
| At 31 December 2017 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.18 | 31.12.17 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.18 | 31.12.17 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |