Otago Cromwell Limited - Accounts to registrar (filleted) - small 18.2
Otago Cromwell Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| OTAGO CROMWELL LIMITED |
| Unaudited Financial Statements |
| for the Year Ended 31 October 2019 |
| OTAGO CROMWELL LIMITED (REGISTERED NUMBER: 04445204) |
| Contents of the Financial Statements |
| for the Year Ended 31 October 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 | to | 3 |
| Notes to the Financial Statements | 4 | to | 6 |
| OTAGO CROMWELL LIMITED |
| Company Information |
| for the Year Ended 31 October 2019 |
| Directors: |
| Secretaries: |
| Registered office: |
| Registered number: |
| Accountants: |
| Chartered Certified Accountants |
| Chartered Tax Advisers |
| Artisans' House |
| 7 Queensbridge |
| Northampton |
| Northamptonshire |
| NN4 7BF |
| OTAGO CROMWELL LIMITED (REGISTERED NUMBER: 04445204) |
| Balance Sheet |
| 31 October 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET ASSETS |
| OTAGO CROMWELL LIMITED (REGISTERED NUMBER: 04445204) |
| Balance Sheet - continued |
| 31 October 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| CAPITAL AND RESERVES |
| Called up share capital |
| Undistributable reserves |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| 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 its behalf by: |
| OTAGO CROMWELL LIMITED (REGISTERED NUMBER: 04445204) |
| Notes to the Financial Statements |
| for the Year Ended 31 October 2019 |
| 1. | STATUTORY INFORMATION |
| Otago Cromwell Limited is a |
| 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 |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 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. |
| OTAGO CROMWELL LIMITED (REGISTERED NUMBER: 04445204) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 October 2019 |
| 2. | ACCOUNTING POLICIES - continued |
| Debtors and creditors receivable / payable within one year |
| Debtors and creditors with no stated interest rate and receivable or payable within one year are |
| recorded at transaction price. Any losses arising from impairment are recognised in the profit and |
| loss account. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| Cost |
| At 1 November 2018 |
| and 31 October 2019 |
| Depreciation |
| At 1 November 2018 |
| Charge for year |
| At 31 October 2019 |
| Net book value |
| At 31 October 2019 |
| At 31 October 2018 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| Fair value |
| At 1 November 2018 |
| and 31 October 2019 |
| Net book value |
| At 31 October 2019 |
| At 31 October 2018 |
| OTAGO CROMWELL LIMITED (REGISTERED NUMBER: 04445204) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 October 2019 |
| 5. | INVESTMENT PROPERTY - continued |
| Fair value at 31 October 2019 is represented by: |
| £ |
| Valuation in 2018 | 231,593 |
| Cost | 292,407 |
| 524,000 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans and overdrafts |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more than 5 yr | 241,579 | 241,579 |