Park Lane Bath Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08992021 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2019

FOR

PARK LANE BATH LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P J Andrews

REGISTERED OFFICE:

584 Wellsway

Bath

Somerset

BA2 2UE

REGISTERED NUMBER:

08992021 (England and Wales)

ACCOUNTANTS:

JSH Accountancy Limited

584 Wellsway

Bath

Somerset

BA2 2UE

FIXED ASSETS

Investments

3

223

152

CURRENT ASSETS

Debtors

4

468,556

199,190

Cash at bank

2,624

20,033

471,180

219,223

CREDITORS

Amounts falling due within one year

5

(285,831

)

(130,939

)

NET CURRENT ASSETS

185,349

88,284

TOTAL ASSETS LESS CURRENT LIABILITIES

185,572

88,436

CAPITAL AND RESERVES

Called up share capital

254

153

Retained earnings

185,318

88,283

SHAREHOLDERS' FUNDS

185,572

88,436

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 30 January 2020 and were signed by:

P J Andrews - Director

1.	STATUTORY INFORMATION

Park Lane Bath Ltd 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.	FIXED ASSET INVESTMENTS

Shares in

Interest

group

in joint

undertakings

venture

Totals

£

£

£

COST

At 1 May 2018

-

152

152

Additions

101

-

101

Disposals

-

(30

)

(30

)

At 30 April 2019

101

122

223

NET BOOK VALUE

At 30 April 2019

101

122

223

At 30 April 2018

-

152

152

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Amounts owed by group undertakings

2,828

-

Amounts owed by joint ventures

1,241

-

Other debtors

464,487

199,190

468,556

199,190

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Amounts owed to joint ventures

18,569

-

Amounts owed to associates

-

44,349

Other creditors

267,262

86,590

285,831

130,939