Brightbeech Developments Limited Filleted accounts for Companies House (small and micro)
Brightbeech Developments Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
09514190
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Abridged Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
FIXED ASSETS
Investment Property |
4 |
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Investments |
5 |
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CURRENT ASSETS
Debtors |
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Cash at bank and in hand |
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--------- |
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CREDITORS: amounts falling due within one year |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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CREDITORS: amounts falling due after more than one year |
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– |
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NET ASSETS |
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CAPITAL AND RESERVES
Called up share capital |
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Profit and loss account |
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SHAREHOLDERS FUNDS |
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In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
Director's responsibilities:
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The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
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Abridged Statement of Financial Position (continued) |
These abridged financial statements were approved by the
board of directors
and authorised for issue on
19 December 2019
, and are signed on behalf of the board by:
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Director |
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Company registration number:
09514190
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Notes to the Abridged Financial Statements |
Year ended 31 March 2019
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 12 Latimer Walk, Romsey, Hampshire, SO51 8LA.
2.
STATEMENT OF COMPLIANCE
3.
ACCOUNTING POLICIES
Basis of preparation
Revenue recognition
Income tax
Investment property
Investments in associates
4.
INVESTMENT PROPERTY
£ |
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Cost |
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At 1 April 2018 |
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Additions |
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Disposals |
(
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At 31 March 2019 |
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Depreciation |
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At 1 April 2018 and 31 March 2019 |
– |
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Carrying amount |
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At 31 March 2019 |
2,953,038 |
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At 31 March 2018 |
2,136,225 |
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The director considers that the fair value of the freehold property as at 31 March 2019 is the same as the historical cost of £2,953,038 (2018: £2,136,225).
5.
INVESTMENTS
£ |
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Impairment |
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At 1 April 2018 |
– |
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At 31 March 2019 |
– |
---- |
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Carrying amount |
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At 31 March 2019 |
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---- |
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At 31 March 2018 |
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---- |
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6.
RELATED PARTY TRANSACTIONS
During the year the company entered into the following transactions with related parties:
Transaction value |
Balance owed by/(owed to) |
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2019 |
2018 |
2019 |
2018 |
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£ |
£ |
£ |
£ |
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T R Lincoln |
(655,010) |
1,377,350 |
(
707,373) |
(
52,363) |
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T R Lincoln Mr T R Lincoln is a director and shareholder of the company. As at 31 March 2019, the company owed Mr T R Lincoln, a director and shareholder, £707,373 (2018: £52,363 which is included within other creditors due within one year).
7.
CONTROLLING PARTY
The controlling party is T R Lincoln.