Abbeystead Group Limited - Accounts to registrar (filleted) - small 18.2
Abbeystead Group Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Financial Statements for the Year Ended 30 August 2019 |
for |
Abbeystead Group Limited |
Abbeystead Group Limited (Registered number: 11054873) |
Contents of the Financial Statements |
for the Year Ended 30 August 2019 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Abbeystead Group Limited |
Company Information |
for the Year Ended 30 August 2019 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
116 Duke Street |
Liverpool |
Merseyside |
L1 5JW |
Abbeystead Group Limited (Registered number: 11054873) |
Balance Sheet |
30 August 2019 |
30.8.19 | 30.8.18 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Retained earnings | ( |
) |
( |
) |
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. |
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 and authorised for issue on |
Abbeystead Group Limited (Registered number: 11054873) |
Notes to the Financial Statements |
for the Year Ended 30 August 2019 |
1. | STATUTORY INFORMATION |
Abbeystead Group Limited is a |
company's registered number and registered office address can be found on the Company Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Despite the net current liability position of the company it is still considered to be a going concern due to |
continued support from the director. |
Significant judgements and estimates |
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts |
recognised in the financial statements. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Financial instruments |
Directors loans and intercompany loans (being repayable on demand) are measured at the undiscounted amount |
of the cash or other consideration expected to be paid or received. |
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 NIL (2018 - NIL). |
Abbeystead Group Limited (Registered number: 11054873) |
Notes to the Financial Statements - continued |
for the Year Ended 30 August 2019 |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 31 August 2018 |
Additions |
At 30 August 2019 |
NET BOOK VALUE |
At 30 August 2019 |
At 30 August 2018 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.8.19 | 30.8.18 |
£ | £ |
Amounts owed to participating interests | 266 | 648,222 |
Other creditors |
6. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
Included in creditors is £2,700 (2018: £2,700) due to th director which is interest free and repayable on demand. |
7. | RELATED PARTY DISCLOSURES |
Included in creditors is £266 (2018: £648,222) due to Abbeystead Projects (Design & Build) Ltd, a subsidiary |
of Abbeystead Group Limited. The loan is interest free and repayable on demand. Group accounts are not |
required. |