Town Manor Developments Ltd - Accounts to registrar (filleted) - small 18.2
Town Manor Developments Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Financial Statements for the Year Ended 31 January 2019 |
for |
Town Manor Developments Ltd |
Town Manor Developments Ltd (Registered number: 06055156) |
Contents of the Financial Statements |
for the Year Ended 31 January 2019 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Town Manor Developments Ltd |
Company Information |
for the Year Ended 31 January 2019 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
Town Manor Developments Ltd (Registered number: 06055156) |
Balance Sheet |
31 January 2019 |
31.1.19 | 31.1.18 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 3 |
CURRENT ASSETS |
Debtors | 4 |
Cash in hand |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
5 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Revaluation reserve | 6 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
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. |
Town Manor Developments Ltd (Registered number: 06055156) |
Balance Sheet - continued |
31 January 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 director on |
Town Manor Developments Ltd (Registered number: 06055156) |
Notes to the Financial Statements |
for the Year Ended 31 January 2019 |
1. | STATUTORY INFORMATION |
Town Manor Developments Ltd is a |
company's registered number and registered office address can be found on the Company Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Significant judgements and estimates |
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts |
recognised in the financial statements. |
Tangible fixed assets |
Land and buildings | - |
Financial instruments |
Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, |
and subsequently at amortised cost using the effective interest method. |
Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are |
measured at the undiscounted amount of the cash or other consideration expected to be paid or received. |
Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective |
evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit |
and 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. |
Town Manor Developments Ltd (Registered number: 06055156) |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2019 |
3. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST OR VALUATION |
At 1 February 2018 |
and 31 January 2019 |
NET BOOK VALUE |
At 31 January 2019 |
At 31 January 2018 |
Cost or valuation at 31 January 2019 is represented by: |
Land and |
buildings |
£ |
Valuation in 2011 | 3,686,586 |
Valuation in 2018 | (1,000,000 | ) |
Cost | 1,313,414 |
4,000,000 |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.19 | 31.1.18 |
£ | £ |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.1.19 | 31.1.18 |
£ | £ |
Trade creditors |
6. | RESERVES |
Revaluation |
reserve |
£ |
At 1 February 2018 |
and 31 January 2019 |