Trade Centre Developments Limited - Limited company accounts 18.2
Trade Centre Developments Limited - Limited company accounts 18.2
| REGISTERED NUMBER: |
| Report of the Directors and |
| Unaudited Financial Statements for the Year Ended 31 March 2019 |
| for |
| Trade Centre Developments Limited |
| Trade Centre Developments Limited (Registered number: 03646913) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2019 |
| Page |
| Company Information | 1 |
| Report of the Directors | 2 |
| Chartered Certified Accountants' Report | 3 |
| Income Statement | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 |
| Trade Centre Developments Limited |
| Company Information |
| for the Year Ended 31 March 2019 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Argyle House |
| Joel Street |
| Northwood Hills |
| HA6 1NW |
| Trade Centre Developments Limited (Registered number: 03646913) |
| Report of the Directors |
| for the Year Ended 31 March 2019 |
| The directors present their report with the financial statements of the company for the year ended 31 March 2019. |
| DIRECTORS' RESPONSIBILITIES STATEMENT |
| The directors are responsible for preparing the Directors' report and the financial statements in accordance with |
| applicable law and regulations. |
| Company law requires the directors to prepare financial statements for each financial year. Under that law the directors |
| have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting |
| Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not |
| approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the |
| company and of the profit or loss of the company for that period. In preparing these financial statements, the directors |
| are required to: |
| a) select suitable accounting policies and then apply them consistently; |
| b) make judgments and accounting estimates that are reasonable and prudent; |
| c) prepare the financial statements on the going concern basis unless it is inappropriate to presume that |
| the company will continue in business. |
| The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the |
| company's transactions and disclose with reasonable accuracy at any time the financial position of the company and |
| enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for |
| safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud |
| and other irregularities. |
| DIRECTORS |
| The directors shown below have held office during the whole of the period from 1 April 2018 to the date of this report. |
| This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small |
| companies. |
| ON BEHALF OF THE DIRECTORS: |
| Chartered Certified Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| Trade Centre Developments Limited |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Trade Centre Developments Limited for the year ended 31 March 2019 which comprise the |
| Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and |
| explanations you have given us. |
| As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook. |
| This report is made solely to the Board of Directors of Trade Centre Developments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Trade Centre Developments Limited and state those matters that we have agreed to state to the Board of Directors of Trade Centre Developments Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that Trade Centre Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Trade Centre Developments Limited. You consider that Trade Centre Developments Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Trade Centre Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Argyle House |
| Joel Street |
| Northwood Hills |
| HA6 1NW |
| Trade Centre Developments Limited (Registered number: 03646913) |
| Income Statement |
| for the Year Ended 31 March 2019 |
| 2019 | 2018 |
| Notes | £ | £ |
| TURNOVER |
| OPERATING PROFIT |
| Interest receivable and similar income |
| PROFIT BEFORE TAXATION |
| Tax on profit |
| PROFIT FOR THE FINANCIAL YEAR |
| Trade Centre Developments Limited (Registered number: 03646913) |
| Balance Sheet |
| 31 March 2019 |
| 2019 | 2018 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 3 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| 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. |
| The financial statements were approved by the Board of Directors on by: |
| Trade Centre Developments Limited (Registered number: 03646913) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2019 |
| 1. | STATUTORY INFORMATION |
| Trade Centre Developments Limited is a |
| 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 |
| The directors of the company have negotiated repayment terms with its significant creditors. As a result the |
| directors have prepared the financial statements on a going concern basis. |
| 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. |
| 3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Amounts owed by group undertakings |
| Other debtors |
| 4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |