Richmond Homes (Stow) Limited - Accounts to registrar (filleted) - small 18.2
Richmond Homes (Stow) Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Richmond Homes (Stow) Limited |
Unaudited Financial Statements |
for the Year Ended 30 November 2018 |
Richmond Homes (Stow) Limited (Registered number: 05281037) |
Contents of the Financial Statements |
for the Year Ended 30 November 2018 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Richmond Homes (Stow) Limited |
Company Information |
for the Year Ended 30 November 2018 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
4 Pavilion Court |
600 Pavilion Drive |
Northampton Business Park |
Northampton |
Northamptonshire |
NN4 7SL |
Richmond Homes (Stow) Limited (Registered number: 05281037) |
Balance Sheet |
30 November 2018 |
2018 | 2017 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 3 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT 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. |
The financial statements were approved by the Board of Directors on |
Richmond Homes (Stow) Limited (Registered number: 05281037) |
Notes to the Financial Statements |
for the Year Ended 30 November 2018 |
1. | STATUTORY INFORMATION |
Richmond Homes (Stow) Limited is a |
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 the going concern basis, notwithstanding that the company has |
net liabilities of £2,127,857 (2017:£2,127,031) and incurred a loss of £820 (2017 profit: £9,552). |
The company is dependent on the support of its bankers and parent Company Elite Business Systems (UK) |
Limited. The directors are confident of the continued support of its bankers. Based on this understanding, the |
directors believe that it remains appropriate to prepare the financial statements on the going concern basis. |
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. |
3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Other debtors |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Other creditors |
Richmond Homes (Stow) Limited (Registered number: 05281037) |
Notes to the Financial Statements - continued |
for the Year Ended 30 November 2018 |
5. | SECURED DEBTS |
The following secured debts are included within creditors: |
2018 | 2017 |
£ | £ |
Bank overdraft |