Hydepark Road Developments Limited
Hydepark Road Developments Limited
Registered number: NI635975
Unaudited Financial Statements
For The Year Ended 31 December 2018
RWCA LTD
158 Upper Newtownards Road
Belfast
Co Antrim
BT4 3EQ
Hydepark Road Developments Limited
Unaudited Financial Statements
For The Year Ended 31 December 2018
Unaudited Financial Statements
| Contents | |
| Page | |
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| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
Hydepark Road Developments Limited
Balance Sheet
As at
31 December 2018
Balance Sheet
Registered number:
NI635975
For the year ending 31 December 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 31 December 2018 | Period to 31 December 2017 | ||||
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| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Stocks | 3 |
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| Debtors | 4 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 5 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 6 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | (20,721) | (15,169) | |||
Page 1
Hydepark Road Developments Limited
Balance Sheet (continued)
As at
31 December 2018
Directors' responsibilities:
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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. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Hydepark Road Developments Limited
Notes to the Financial Statements
For The Year Ended 31 December 2018
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| 31 December 2018 | Period to 31 December 2017 | ||
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| Office and administration |
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3.
Stocks
| 31 December 2018 | Period to 31 December 2017 | ||
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| £ | £ | ||
| Stock - materials and work in progress | 937,202 | 782,824 | |
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4.
Debtors
| 31 December 2018 | Period to 31 December 2017 | ||
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| £ | £ | ||
| Due within one year | |||
| VAT |
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Page 3
Hydepark Road Developments Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2018
5.
Creditors: Amounts Falling Due Within One Year
| 31 December 2018 | Period to 31 December 2017 | ||
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| £ | £ | ||
| Other creditors |
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| Accruals and deferred income |
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| Directors' loan accounts |
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6.
Share Capital
| 31 December 2018 | Period to 31 December 2017 | ||
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| Allotted, Called up and fully paid |
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7.
Ultimate Controlling Party
The company's ultimate controlling parties are the directors by virtue of their ownership of the majority of the issued share capital in the company.
8.
General Information
Hydepark Road Developments Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI635975 . The registered office is 158 Upper Newtownards Road, Belfast, BT4 3EQ.
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