E. Luton & Son Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00312443 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2019

for

E. Luton & Son Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J M Barker

D James

SECRETARY:

D James

REGISTERED OFFICE:

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

REGISTERED NUMBER:

00312443 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

FIXED ASSETS

Investment property

4

342,632

342,632

CURRENT ASSETS

Debtors

5

2,289

2,272

Cash at bank and in hand

251,259

253,442

253,548

255,714

CREDITORS

Amounts falling due within one year

6

1,250

1,191

NET CURRENT ASSETS

252,298

254,523

TOTAL ASSETS LESS CURRENT LIABILITIES

594,930

597,155

PROVISIONS FOR LIABILITIES

7

63,966

63,966

NET ASSETS

530,964

533,189

CAPITAL AND RESERVES

Called up share capital

8

2,000

2,000

Capital redemption reserve

9

48,474

48,474

Retained earnings

9

480,490

482,715

SHAREHOLDERS' FUNDS

530,964

533,189

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 19 December 2019 and were signed on its behalf by:

D James - Director

1.	STATUTORY INFORMATION

E. Luton & Son Limited is a private company, limited by shares , registered in England and Wales. 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents rents receivable.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2018

and 31 March 2019

342,632

NET BOOK VALUE

At 31 March 2019

342,632

At 31 March 2018

342,632

Director valued at 31/03/2019.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Other Debtors

2,289

2,272

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Accrued expenses

1,250

1,191

7.	PROVISIONS FOR LIABILITIES

31.3.19

31.3.18

£

£

Deferred tax

63,966

63,966

Deferred

tax

£

Balance at 1 April 2018

63,966

Balance at 31 March 2019

63,966

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.19

31.3.18

value:

£

£

1,000

1st Ordinary

£1

1,000

1,000

Allotted and issued:

Number:

Class:

Nominal

31.3.19

31.3.18

value:

£

£

1,000

2nd ordinary shares

£1

1,000

1,000

9.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 April 2018

482,715

48,474

531,189

Deficit for the year

(2,225

)

(2,225

)

At 31 March 2019

480,490

48,474

528,964