Trueform Developments Limited - Accounts to registrar (filleted) - small 18.2
Trueform Developments Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019 |
| FOR |
| TRUEFORM DEVELOPMENTS LIMITED |
| TRUEFORM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04159811) |
| 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 |
| TRUEFORM DEVELOPMENTS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2019 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Incorporated Financial Accountants |
| Park View House |
| Ropewalk |
| Fishguard |
| Pembrokeshire |
| SA65 9BT |
| TRUEFORM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04159811) |
| BALANCE SHEET |
| 31 MARCH 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Prepayments and accrued income |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Revaluation reserve | 11 |
| Retained earnings | 11 | ( |
) |
| 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. |
| TRUEFORM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04159811) |
| BALANCE SHEET - continued |
| 31 MARCH 2019 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the Board of Directors on by: |
| TRUEFORM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04159811) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2019 |
| 1. | STATUTORY INFORMATION |
| Trueform Developments Limited is a |
| 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 |
| Tangible fixed assets |
| Freehold property | - |
| Industrial building | - |
| Equipment | - |
| Office equipment | - |
| Fixtures & fittings | - |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Woodhouse |
| Freehold | Industrial | catering |
| property | building | equipment |
| £ | £ | £ |
| COST OR VALUATION |
| At 1 April 2018 |
| Disposals | ( |
) | ( |
) |
| At 31 March 2019 |
| DEPRECIATION |
| At 1 April 2018 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 March 2019 |
| NET BOOK VALUE |
| At 31 March 2019 |
| At 31 March 2018 |
| TRUEFORM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04159811) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2019 |
| 4. | TANGIBLE FIXED ASSETS - continued |
| Office | Fixtures |
| Equipment | equipment | & fittings | Totals |
| £ | £ | £ | £ |
| COST OR VALUATION |
| At 1 April 2018 |
| Disposals | ( |
) |
| At 31 March 2019 |
| DEPRECIATION |
| At 1 April 2018 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| 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 | Industrial |
| property | building | Equipment |
| £ | £ | £ |
| Valuation in 2002 | - | 14,338 | - |
| Valuation in 2004 | - | (60 | ) | - |
| Valuation in 2011 | - | (5,000 | ) | - |
| Valuation in 2019 | - | (9,278 | ) | - |
| Cost | 55,500 | - | 8,576 |
| 55,500 | - | 8,576 |
| Office | Fixtures |
| equipment | & fittings | Totals |
| £ | £ | £ |
| Valuation in 2002 | - | - | 14,338 |
| Valuation in 2004 | - | - | (60 | ) |
| Valuation in 2011 | - | - | (5,000 | ) |
| Valuation in 2019 | - | - | (9,278 | ) |
| Cost | 2,206 | 1,088 | 67,370 |
| 2,206 | 1,088 | 67,370 |
| 5. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| TRUEFORM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04159811) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2019 |
| 5. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued |
| Woodhouse Barn Ltd |
| Icarus Wales (UK) Ltd | 1,738 | - |
| West Coast Farms Ltd | 6,595 | 10,425 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans and overdrafts (see note 8) |
| Corporation Tax |
| Other creditors |
| Directors' current accounts | 10,949 | 9,644 |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans (see note 8) |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 61,600 | 70,150 |
| 8. | LOANS |
| An analysis of the maturity of loans is given below: |
| 2019 | 2018 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Bank loans |
| Amounts falling due between one and two years: |
| Bank loans - 1-2 years |
| Amounts falling due between two and five years: |
| Bank loans - 2-5 years |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 61,600 | 70,150 |
| TRUEFORM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04159811) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2019 |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2019 | 2018 |
| £ | £ |
| Bank loans |
| The bank loan is secured against the company's investment property, The Old Print Room, Haverfordwest. |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2019 | 2018 |
| value: | £ | £ |
| Ordinary | £1.00 | 2 | 2 |
| 11. | RESERVES |
| Retained | Revaluation |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1 April 2018 | ( |
) | 6,046 |
| Profit for the year |
| Revaluation reserve | - | (9,278 | ) | (9,278 | ) |
| At 31 March 2019 | 585 |