SSD (2014) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02212305 (England and Wales)

Unaudited Financial Statements

For The Year Ended 30th April 2019

for

SSD (2014) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

Keith John Smith

SECRETARY:

Keith John Smith

REGISTERED OFFICE:

Ivydene

Lower Spillmans

Rodborough

Stroud

Gloucestershire

GL5 3RJ

REGISTERED NUMBER:

02212305 (England and Wales)

ACCOUNTANTS:

Wildin & Co

Accountants

& Statutory Auditors

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

FIXED ASSETS

Tangible assets

4

1,371

1,841

Investment property

5

329,531

328,272

330,902

330,113

CURRENT ASSETS

Debtors

6

6,559

5,003

Cash at bank

40,139

26,040

46,698

31,043

CREDITORS

Amounts falling due within one year

7

86,267

84,507

NET CURRENT LIABILITIES

(39,569

)

(53,464

)

TOTAL ASSETS LESS CURRENT LIABILITIES

291,333

276,649

PROVISIONS FOR LIABILITIES

26,197

26,342

NET ASSETS

265,136

250,307

CAPITAL AND RESERVES

Called up share capital

8

4

4

Revaluation reserve

9

99,452

99,452

Capital redemption reserve

9

(2

)

(2

)

Retained earnings

9

165,682

150,853

SHAREHOLDERS' FUNDS

265,136

250,307

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 30th September 2019 and were signed by:

Keith John Smith - Director

1.	STATUTORY INFORMATION

SSD (2014) Limited is a private company, limited by shares , registered in England and Wales. The 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st May 2018

2,395

Additions

199

At 30th April 2019

2,594

DEPRECIATION

At 1st May 2018

554

Charge for year

669

At 30th April 2019

1,223

NET BOOK VALUE

At 30th April 2019

1,371

At 30th April 2018

1,841

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st May 2018

328,272

Additions

1,259

At 30th April 2019

329,531

NET BOOK VALUE

At 30th April 2019

329,531

At 30th April 2018

328,272

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Trade debtors

4,070

3,272

Prepayments

2,489

1,731

6,559

5,003

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Corporation Tax

3,986

2,605

Directors' current accounts

77,660

75,206

Accruals

4,621

6,696

86,267

84,507

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.19

30.4.18

value:

£

£

4

Ordinary

£1

4

4

9.

RESERVES

Capital

Retained

Revaluation

redemption

earnings

reserve

reserve

Totals

£

£

£

£

At 1st May 2018

150,853

99,452

(2

)

250,303

Profit for the year

14,829

14,829

At 30th April 2019

165,682

99,452

(2

)

265,132

10.	ULTIMATE CONTROLLING PARTY

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30th April 2019 set out on pages two to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Wildin & Co

Accountants

& Statutory Auditors

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

Date: 30th September 2019