Lea Rowing Club Construction Limited - Period Ending 2019-06-30

Registration number: 09507571

Lea Rowing Club Construction Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2019

Thomas Quinn
Accountants
The Station House
15 Station Road
St Ives
Cambridgeshire
PE27 5BH

Lea Rowing Club Construction Limited

Contents

Company Information	1
Statement of Income and Retained Earnings	2
Balance Sheet	3
Notes to the Financial Statements	4 to 5

Lea Rowing Club Construction Limited

Company Information

Directors

D R N Ellis Mr F Shearer

Registered office

The Boathouse, Spring Hill, Clapton London E5 9BL

Accountants

Thomas Quinn Accountants The Station House 15 Station Road St Ives Cambridgeshire PE27 5BH

Page 1

Lea Rowing Club Construction Limited

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 30 June 2019

	Note	2019 £	2018 £
Turnover		-	-
Operating profit/(loss)		-	-
Profit/(loss) before tax		-	-
Profit/(loss) for the financial year		-	-
Retained earnings brought forward		-	-
Retained earnings carried forward		-	-

The notes on pages 4 to 5 form an integral part of these financial statements.

Page 2

Lea Rowing Club Construction Limited

(Registration number: 09507571)
Balance Sheet as at 30 June 2019

	Note	2019 £	2018 £
Current assets
Debtors	3	1	1
Capital and reserves
Called up share capital	4	1	1
Total equity		1	1

For the financial year ending 30 June 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 19 March 2020 and signed on its behalf by:
 

 

D R N Ellis

Director

The notes on pages 4 to 5 form an integral part of these financial statements.

Page 3

Lea Rowing Club Construction Limited

Notes to the Financial Statements for the Year Ended 30 June 2019

1	General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
The Boathouse,
Spring Hill,
Clapton
London
E5 9BL
UK

The accounts were authorised for issue on the date shown on the Director's report.

2	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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

3

Debtors

	2019 £	2018 £
Other debtors	1	1
	1	1

4	Share capital

Allotted, called up and fully paid shares

Page 4

Lea Rowing Club Construction Limited

Notes to the Financial Statements for the Year Ended 30 June 2019

	2019		2018
	No.	£	No.	£
Ordinary shares of £1 each	1	1	1	1

5	Parent and ultimate parent undertaking

The company's immediate parent is Lea Rowing Club Limited, a charitable company, incorporated in England & Wales.

 

Page 5