Lough View Estate Management Limited 31/08/2019 iXBRL
Lough View Estate Management Limited 31/08/2019 iXBRL
COMPANY REGISTRATION NUMBER:
NI602576
UNAUDITED FILLETED FINANCIAL STATEMENTS
Lough View Estate Management Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Lough View Estate Management Limited
Directors and other information
Director | |||
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(Resigned 1 December 2019) | ||
Secretary |
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Company number |
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Registered office |
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Business address |
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Accountants |
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16 Main Street | |||
Limavady | |||
Co Derry | |||
BT49 0EU | |||
Bankers |
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30 The Diamond | ||
Coleraine | ||
Co Derry | ||
BT52 1DP | ||
Lough View Estate Management Limited
Report to the director on the preparation of the
unaudited statutory financial statements of Lough View Estate Management Limited
Year ended 31 August 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lough View Estate Management Limited for the year ended 31 August 2019 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the director of Lough View Estate Management Limited, as a body, in accordance with the terms of our engagement letter dated 26 May 2020. Our work has been undertaken solely to prepare for your approval the financial statements of Lough View Estate Management Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lough View Estate Management Limited and its director as a body for our work or for this report.
It is your duty to ensure that Lough View Estate Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lough View Estate Management Limited. You consider that Lough View Estate Management Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Lough View Estate Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Chartered Certified Accountants
16 Main Street
Limavady
Co Derry
BT49 0EU
26 May 2020
Lough View Estate Management Limited
Statement of financial position
31 August 2019
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Note | £ | £ | £ | £ | |||||
Current assets | |||||||||
Debtors | 4 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year | 5 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
26 May 2020
, and are signed on behalf of the board by:
Director
Company registration number:
NI602576
Lough View Estate Management Limited
Notes to the financial statements
Year ended 31 August 2019
1.
General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is c/o JSWAP, 11 Irish Green Street, Limavady, Co Derry, BT49 9AA.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Financial instruments
4.
Debtors
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Trade debtors |
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5.
Creditors: amounts falling due within one year
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Trade creditors |
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Other creditors |
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