Empire Property Holdings 2 Limited - Accounts to registrar (filleted) - small 18.2
Empire Property Holdings 2 Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 1 November 2017 to 31 December 2018 |
| for |
| Empire Property Holdings 2 Limited |
| Empire Property Holdings 2 Limited (Registered number: 10409870) |
| Contents of the Financial Statements |
| for the Period 1 November 2017 to 31 December 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Empire Property Holdings 2 Limited |
| Company Information |
| for the Period 1 November 2017 to 31 December 2018 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Yoden House |
| 30 Yoden Way |
| Peterlee |
| Co. Durham |
| SR8 1AL |
| Empire Property Holdings 2 Limited (Registered number: 10409870) |
| Balance Sheet |
| 31 December 2018 |
| 31.12.18 | 31.10.17 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The directors acknowledge their 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. |
| Empire Property Holdings 2 Limited (Registered number: 10409870) |
| Balance Sheet - continued |
| 31 December 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| Empire Property Holdings 2 Limited (Registered number: 10409870) |
| Notes to the Financial Statements |
| for the Period 1 November 2017 to 31 December 2018 |
| 1. | STATUTORY INFORMATION |
| Empire Property Holdings 2 Limited is a |
| 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 |
| Going concern |
| The financial statements have been prepared on a going concern basis, the director believe this assumption to be |
| appropriate based on the continuing financial support of the company's director and loan provider. |
| If the going concern basis was not appropriate, adjustments would have to be made to restate the value of the |
| assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed |
| assets as current assets and long term liabilities as current liabilities. |
| Tangible fixed assets |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Taxation |
| Taxation for the period 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 period 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
| lease. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was NIL (2017 - NIL). |
| Empire Property Holdings 2 Limited (Registered number: 10409870) |
| Notes to the Financial Statements - continued |
| for the Period 1 November 2017 to 31 December 2018 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| Additions |
| At 31 December 2018 |
| DEPRECIATION |
| Charge for period |
| At 31 December 2018 |
| NET BOOK VALUE |
| At 31 December 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.18 | 31.10.17 |
| £ | £ |
| Other debtors |
| VAT |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.18 | 31.10.17 |
| £ | £ |
| Trade creditors |
| Other creditors |
| Accrued expenses |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.12.18 | 31.10.17 |
| £ | £ |
| Other loans - 1-2 years |
| Other loans - 2-4 years | 9,820,141 | 5,189,406 |