COBURG HOMES LTD

COBURG HOMES LTD

COBURG HOMES LTD - Company Information

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COBURG HOMES LTD

Company Registration Number:
08656170 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2018

Period of accounts

Start date: 01 September 2017

End date: 31 August 2018

COBURG HOMES LTD

Contents of the Financial Statements

for the Period Ended 31 August 2018

Balance sheet
Notes

COBURG HOMES LTD

Balance sheet

As at 31 August 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 715,478 715,478
Total fixed assets: 715,478 715,478
Current assets
Debtors: 4 1,890 2,151
Cash at bank and in hand: 193,875 3,896
Total current assets: 195,765 6,047
Creditors: amounts falling due within one year: 5 (665,049) (489,438)
Net current assets (liabilities): (469,284) (483,391)
Total assets less current liabilities: 246,194 232,087
Creditors: amounts falling due after more than one year: 6 (228,127) (239,707)
Total net assets (liabilities): 18,067 (7,620)
Capital and reserves
Called up share capital: 102 101
Profit and loss account: 17,965 (7,721)
Shareholders funds: 18,067 (7,620)

The notes form part of these financial statements

COBURG HOMES LTD

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 April 2019
and signed on behalf of the board by:

Name: D M Dane
Status: Director

The notes form part of these financial statements

COBURG HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover represents amounts receivable for services net of VAT and trade discounts

Tangible fixed assets and depreciation policy

The directors consider the company's freehold properties to be investment properties as defined under FRS102. This is stated at fair value in accordance with Section 16 and no depreciation has been provided.

COBURG HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2018

2. Employees

2018 2017
Average number of employees during the period 2 2

COBURG HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2018

3. Tangible Assets

Total
Cost £
At 01 September 2017 715,478
Additions 166,627
Disposals (166,627)
At 31 August 2018 715,478
Net book value
At 31 August 2018 715,478
At 31 August 2017 715,478

COBURG HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2018

4. Debtors

2018 2017
££
Debtors due after more than one year: 0 0

COBURG HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2018

5. Creditors: amounts falling due within one year note

******************************************2018**************2017***Bank Borrowings********************10546*************8942**Tax and Social Security*************7161*****************0*****Other Creditors and Accruals****647342**********480496

COBURG HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2018

6. Creditors: amounts falling due after more than one year note

********************************************2018*************2017***Bank Borrowings********************228127**********239707*