GORSE_LANE_PROPERTIES_LIM - Accounts


Company Registration Number 03056583 (England and Wales)
GORSE LANE PROPERTIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2019
PAGES FOR FILING WITH REGISTRAR
GORSE LANE PROPERTIES LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2019
28 February 2019
- 1 -
2019
2018
£
£
£
£
Fixed assets
263,763
479,431
Current assets
609,775
174,205
Prepayments and accrued income
2,285
2,285
Creditors: amounts falling due within one year
(45,206)
(2,842)
Net current assets
566,854
173,648
Total assets less current liabilities
830,617
653,079
Net assets
830,617
653,079
Capital and reserves
830,617
653,079
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

During the year, total loans of £50,000 were made to the director. At the year end the balance of the outstanding loan due to the company amounted to £50,000. During the year loan interest of £1,053 was charged to the director by the company.

2
Employees

The average number of persons (including directors) employed by the company during the year was 2 (2018 - 2).

2019
2018
Number
Number
Employees
2
2
GORSE LANE PROPERTIES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
28 FEBRUARY 2019
28 February 2019
- 2 -

Gorse Lane Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is 7 Borelli Yard, The Borough, Farnham, Surrey, GU9 7NU.

For the year ended 28 February 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 25 September 2019 and are signed on its behalf by:
Mr S N Jones
Director
Company Registration Number 03056583
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