| WRENCOTE LTD |
| Registered number: |
05733674 |
| Balance Sheet |
| as at 31 December 2018 |
|
| Notes |
|
|
2018 |
|
|
2017 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
584,626 |
|
|
573,409 |
|
| Current assets |
| Debtors |
3 |
|
9,400 |
|
|
879 |
| Cash at bank and in hand |
|
|
4,673 |
|
|
101,848 |
|
|
|
14,073 |
|
|
102,727 |
|
| Creditors: amounts falling due within one year |
4 |
|
(115,703) |
|
|
(157,741) |
|
| Net current liabilities |
|
|
|
(101,630) |
|
|
(55,014) |
|
| Total assets less current liabilities |
|
|
|
482,996 |
|
|
518,395 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(442,207) |
|
|
(508,719) |
|
|
|
| Net assets |
|
|
|
40,789 |
|
|
9,676 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
40,787 |
|
|
9,674 |
|
| Shareholders' funds |
|
|
|
40,789 |
|
|
9,676 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| D.Power |
| Director |
| Approved by the board on 20 June 2019 |
|
| WRENCOTE LTD |
| Notes to the Accounts |
| for the year ended 31 December 2018 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
0% Depreciation |
|
|
Plant and machinery |
0% Depreciation |
|
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
| 2 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Fixture and Fittings |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 January 2018 |
579,855 |
|
4,014 |
|
583,869 |
|
Additions |
- |
|
11,217 |
|
11,217 |
|
At 31 December 2018 |
579,855 |
|
15,231 |
|
595,086 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2018 |
6,991 |
|
3,469 |
|
10,460 |
|
At 31 December 2018 |
6,991 |
|
3,469 |
|
10,460 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2018 |
572,864 |
|
11,762 |
|
584,626 |
|
At 31 December 2017 |
572,864 |
|
545 |
|
573,409 |
|
|
| 3 |
Debtors |
2018 |
|
2017 |
| £ |
£ |
|
|
Trade debtors |
9,400 |
|
879 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
| £ |
£ |
|
|
Trade creditors |
17,486 |
|
17,504 |
|
Taxation and social security costs |
1,617 |
|
5,237 |
|
Other creditors |
96,600 |
|
135,000 |
|
|
|
|
|
|
115,703 |
|
157,741 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2018 |
|
2017 |
| £ |
£ |
|
|
Bank loans |
357,992 |
|
394,504 |
|
Other creditors |
84,215 |
|
114,215 |
|
|
|
|
|
|
442,207 |
|
508,719 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
WRENCOTE LTD is a private company limited by shares and incorporated in England. Its registered office is: |
|
44 Nova Road |
|
Croydon |
|
Surrey |
|
CR0 2TL |
