T P Lewis & Partners (BOS) Limited - Period Ending 2019-09-30
T P Lewis & Partners (BOS) Limited - Period Ending 2019-09-30
Company registration number:
for the Year Ended
T P Lewis & Partners (BOS) Limited
Contents
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Balance Sheet |
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Notes to the Financial Statements |
T P Lewis & Partners (BOS) Limited
(Registration number: 05031995)
Balance Sheet as at 30 September 2019
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2019 |
2018 |
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Fixed assets |
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Investment property |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss reserve |
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Total equity |
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For the financial year ending 30 September 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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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 accounts. |
These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. The option not to file the profit and loss account and directors’ report has been taken.
Approved and authorised by the
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T P Lewis & Partners (BOS) Limited
Notes to the Financial Statements
for the Year Ended 30 September 2019
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
These financial statements are presented in Sterling (£).
Turnover recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tax
The tax expense for the period comprises current tax. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
T P Lewis & Partners (BOS) Limited
Notes to the Financial Statements
for the Year Ended 30 September 2019
Investment property
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Reserves
Called up share capital represents the nominal value of shares that have been issued.
Profit and loss account includes all current and prior period profits and losses.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
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Staff numbers |
The average number of persons employed by the company (including the director) during the year was
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Investment properties |
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2019 |
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At 1 October 2018 |
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The director determined the fair value of investment property at the balance sheet date using the market value of comparable property.
There has been no valuation of investment property by an independent valuer.
T P Lewis & Partners (BOS) Limited
Notes to the Financial Statements
for the Year Ended 30 September 2019
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Debtors |
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2019 |
2018 |
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Other debtors |
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Total current trade and other debtors |
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Creditors |
Creditors: amounts falling due within one year
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Note |
2019 |
2018 |
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Due within one year |
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Trade creditors |
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Corporation tax |
18,033 |
19,659 |
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Other creditors |
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Related party transactions |
Summary of transactions with other related parties
A company in which T P Lewis is a director.
At the balance sheet date £1,159,451 (2018 £1,158,508) was owed to the company by Bleadon Property Investments Limited. The loans are interest free and repayabale on demand.