B.D.J. Estates Limited - Accounts to registrar (filleted) - small 18.2
B.D.J. Estates Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019 |
FOR |
B.D.J. ESTATES LIMITED |
B.D.J. ESTATES LIMITED (REGISTERED NUMBER: 04119184) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31 March 2019 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
B.D.J. ESTATES LIMITED |
COMPANY INFORMATION |
for the Year Ended 31 March 2019 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Trading as WaightSharnock |
8 Lonsdale Gardens |
Tunbridge Wells |
Kent |
TN1 1NU |
B.D.J. ESTATES LIMITED (REGISTERED NUMBER: 04119184) |
BALANCE SHEET |
31 March 2019 |
31.3.19 | 31.3.18 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve | 9 |
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. |
B.D.J. ESTATES LIMITED (REGISTERED NUMBER: 04119184) |
BALANCE SHEET - continued |
31 March 2019 |
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 by: |
B.D.J. ESTATES LIMITED (REGISTERED NUMBER: 04119184) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31 March 2019 |
1. | STATUTORY INFORMATION |
B.D.J. Estates Limited is a |
registered number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents rental income and service charges, excluding value added tax. |
Tangible fixed assets |
Freehold property | - |
Short leasehold | - |
No depreciation has been provided on the freehold property, which is carried at valuation. |
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. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2018 - NIL). |
B.D.J. ESTATES LIMITED (REGISTERED NUMBER: 04119184) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 March 2019 |
4. | TANGIBLE FIXED ASSETS |
Freehold | Short |
property | leasehold | Totals |
£ | £ | £ |
COST OR VALUATION |
At 1 April 2018 |
and 31 March 2019 |
DEPRECIATION |
At 1 April 2018 |
Charge for year |
At 31 March 2019 |
NET BOOK VALUE |
At 31 March 2019 |
At 31 March 2018 |
Cost or valuation at 31 March 2019 is represented by: |
Freehold | Short |
property | leasehold | Totals |
£ | £ | £ |
Valuation in 2006 | 20,681 | - | 20,681 |
Valuation in 2009 | 82,100 | - | 82,100 |
Valuation in 2010 | 43,007 | - | 43,007 |
Valuation in 2017 | 109,561 | - | 109,561 |
Cost | 777,528 | 91,975 | 869,503 |
1,032,877 | 91,975 | 1,124,852 |
If freehold property had not been revalued it would have been included at the following historical cost: |
31.3.19 | 31.3.18 |
£ | £ |
Cost | 581,179 | 581,179 |
Freehold land and buildings were valued on an open market basis on 31 March 2019 by The Directors . |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.19 | 31.3.18 |
£ | £ |
Trade debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.19 | 31.3.18 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
B.D.J. ESTATES LIMITED (REGISTERED NUMBER: 04119184) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 March 2019 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.3.19 | 31.3.18 |
£ | £ |
Bank loans |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
31.3.19 | 31.3.18 |
£ | £ |
Bank loans |
The bank loan is secured by: |
- a first legal charge over the freehold property |
- a joint and several guarantee for £75,000 given by the directors, B Dove, J Rivolta and D Rivolta |
- a fixed and floating charge over all assets of the company |
- an unlimited guarantee given by About Roofing Supplies Limited (see Related Party Disclosure Note) |
9. | RESERVES |
Revaluation |
reserve |
£ |
At 1 April 2018 |
and 31 March 2019 |
10. | RELATED PARTY DISCLOSURES |
During the year, total dividends of £33,036 (2018 - £17,170) were paid to the directors . |
A dividend of £27,152 (2018 - £12,210) was paid to the spouse of a director. |
The company made sales to a company controlled by its directors, About Roofing Suppliers Limited, of |
£180,335 (2018 - £196,083) and made purchases of £37,058 (2018 - £43,378). |
Amount due to About Roofing Supplies at the balance sheet date was £374,005 (2018 - £446,430) |
The company made sales to a company controlled by its directors, About Roofing Limited, of £32,083 (2018 - |
£33,333) |
Amount due to About Roofing Limited at the balance sheet date was £243,076 (2018 - £157,138) |
11. | ULTIMATE CONTROLLING PARTY |
There is no controlling party. |