S.c.j. Properties Bristol limited - Accounts to registrar (filleted) - small 18.2
S.c.j. Properties Bristol limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 August 2019 |
for |
S.c.j. Properties Bristol limited |
S.c.j. Properties Bristol limited (Registered number: 04086114) |
Contents of the Financial Statements |
for the Year Ended 31 August 2019 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
S.c.j. Properties Bristol limited |
Company Information |
for the Year Ended 31 August 2019 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
2nd Floor, 53 High Street |
Keynsham |
N E Somerset |
BS31 1DS |
S.c.j. Properties Bristol limited (Registered number: 04086114) |
Balance Sheet |
31 August 2019 |
31.8.19 | 31.8.18 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Stocks |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Fair value reserve | 10 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges her 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. |
S.c.j. Properties Bristol limited (Registered number: 04086114) |
Balance Sheet - continued |
31 August 2019 |
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 |
S.c.j. Properties Bristol limited (Registered number: 04086114) |
Notes to the Financial Statements |
for the Year Ended 31 August 2019 |
1. | STATUTORY INFORMATION |
S.c.j. Properties Bristol limited is a |
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 |
Turnover |
Turnover represents the value of net rents receivable from tenants during the year. |
Tangible fixed assets |
Fixtures and fittings | - |
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. |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in |
bringing stocks to their present location and condition. |
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). |
S.c.j. Properties Bristol limited (Registered number: 04086114) |
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2019 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings |
£ |
COST |
At 1 September 2018 |
Disposals | ( |
) |
At 31 August 2019 |
DEPRECIATION |
At 1 September 2018 |
Eliminated on disposal | ( |
) |
At 31 August 2019 |
NET BOOK VALUE |
At 31 August 2019 |
At 31 August 2018 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 September 2018 |
and 31 August 2019 |
NET BOOK VALUE |
At 31 August 2019 |
At 31 August 2018 |
Fair value at 31 August 2019 is represented by: |
£ |
Valuation in 2018 | 1,400,000 |
** | TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF |
INVESTMENT PROPERTY |
'COST' ACCOUNT TOTAL |
Cost/valuation b/f | 1,400,000 |
1,400,000 |
CLIENT SCREEN TOTAL | = | - |
S.c.j. Properties Bristol limited (Registered number: 04086114) |
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2019 |
5. | INVESTMENT PROPERTY - continued |
If the investment properties had not been revalued they would have been included at the following historical cost: |
31.8.19 | 31.8.18 |
£ | £ |
Cost | 393,051 | 393,051 |
The investment properties were valued on an open market basis on 31 August 2018 by The Directors . |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.8.19 | 31.8.18 |
£ | £ |
Amounts owed by group undertakings |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.8.19 | 31.8.18 |
£ | £ |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.8.19 | 31.8.18 |
£ | £ |
Bank loans |
9. | SECURED DEBTS |
The following secured debts are included within creditors: |
31.8.19 | 31.8.18 |
£ | £ |
Bank loans |
10. | RESERVES |
Fair |
value |
reserve |
£ |
At 1 September 2018 |
and 31 August 2019 |
S.c.j. Properties Bristol limited (Registered number: 04086114) |
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2019 |
11. | RELATED PARTY DISCLOSURES |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The |
Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party |
transactions with wholly owned subsidiaries within the group. |
12. | ULTIMATE CONTROLLING PARTY |
The company is a wholly owned subsidiary of SCJM Holdings Limited . The ultimate controlling party is Ms S J |
Packer who owns 100% of the issued shares in SCJM Holdings limited. |