Briant Investments Limited - Accounts to registrar (filleted) - small 18.2
Briant Investments Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1ST APRIL 2018 TO 30TH MARCH 2019 |
| FOR |
| BRIANT INVESTMENTS LIMITED |
| BRIANT INVESTMENTS LIMITED (REGISTERED NUMBER: 10088162) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1ST APRIL 2018 TO 30TH MARCH 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| BRIANT INVESTMENTS LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 1ST APRIL 2018 TO 30TH MARCH 2019 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 24 Park Road South |
| Havant |
| Hampshire |
| PO9 1HB |
| BRIANT INVESTMENTS LIMITED (REGISTERED NUMBER: 10088162) |
| BALANCE SHEET |
| 30TH MARCH 2019 |
| 2019 | 2018 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Stocks |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
6 |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| 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 |
| BRIANT INVESTMENTS LIMITED (REGISTERED NUMBER: 10088162) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1ST APRIL 2018 TO 30TH MARCH 2019 |
| 1. | STATUTORY INFORMATION |
| Briant Investments 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 (£). |
| All amounts are rounded to the nearest pound (£). |
| The financial statements contain information about Briant Investments Limited as an individual company. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The reporting period for the financial statements are presented over less than 12 months, due to the year end |
| being shortened from 31 March 2019 to 30 March 2019. |
| Turnover |
| Turnover represents the sale of development property, recognised at legal completion. |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Taxation |
| Taxation for the period 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 period 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. |
| Going concern |
| The company has net liabilities. The company is able to continue to trade with the support of the director. The |
| director therefore believes that it is appropriate to prepare the accounts on a going concern basis. |
| Directors' loan account |
| Directors' loan account balances are stated at the transaction value at the date of the transaction. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| BRIANT INVESTMENTS LIMITED (REGISTERED NUMBER: 10088162) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1ST APRIL 2018 TO 30TH MARCH 2019 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Other debtors |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans |
| Other creditors |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Mortgage | - | 656,592 |
| 7. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2019 | 2018 |
| £ | £ |
| Bank loans |
| 8. | RELATED PARTY DISCLOSURES |
| Included within other creditors is a loan from the director of £556,306 (2018: £529,875). This loan has been |
| provided interest free. |