McCreedy Inns Limited - Accounts to registrar (filleted) - small 18.2
McCreedy Inns Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
MCCREEDY INNS LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2019 |
MCCREEDY INNS LIMITED (REGISTERED NUMBER: 04165671) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2019 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
MCCREEDY INNS LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 NOVEMBER 2019 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Avroe House |
Avroe Crescent |
Blackpool Business Park |
Blackpool |
Lancashire |
FY4 2DP |
MCCREEDY INNS LIMITED (REGISTERED NUMBER: 04165671) |
ABRIDGED BALANCE SHEET |
30 NOVEMBER 2019 |
2019 | 2018 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
Investment property | 6 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
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. |
MCCREEDY INNS LIMITED (REGISTERED NUMBER: 04165671) |
ABRIDGED BALANCE SHEET - continued |
30 NOVEMBER 2019 |
In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
MCCREEDY INNS LIMITED (REGISTERED NUMBER: 04165671) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2019 |
1. | STATUTORY INFORMATION |
McCreedy Inns Limited is a |
Wales. 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 |
The financial statements are presented in sterling , which is the functional currency of the |
company. Monetary amounts in these financial statements are rounded to the nearest £. |
Preparation of consolidated financial statements |
The financial statements contain information about McCreedy Inns Limited as an individual |
company and do not contain consolidated financial information as the parent of a group. The |
company is exempt under Section 399(2A) of the Companies Act 2006 from the |
requirements to prepare consolidated financial statements. |
Turnover |
Turnover represents rents received. |
Tangible fixed assets |
Freehold property | - |
Motor vehicles | - |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
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. |
Fixed asset investments |
Fixed asset investments are stated at cost. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2018 - NIL). |
MCCREEDY INNS LIMITED (REGISTERED NUMBER: 04165671) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 NOVEMBER 2019 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 December 2018 |
and 30 November 2019 |
DEPRECIATION |
At 1 December 2018 |
Charge for year |
At 30 November 2019 |
NET BOOK VALUE |
At 30 November 2019 |
At 30 November 2018 |
5. | FIXED ASSET INVESTMENTS |
Information on investments other than loans is as follows: |
Totals |
£ |
COST |
At 1 December 2018 |
and 30 November 2019 | 660,217 |
NET BOOK VALUE |
At 30 November 2019 | 660,217 |
At 30 November 2018 | 660,217 |
6. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 December 2018 |
and 30 November 2019 |
NET BOOK VALUE |
At 30 November 2019 |
At 30 November 2018 |
MCCREEDY INNS LIMITED (REGISTERED NUMBER: 04165671) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 NOVEMBER 2019 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |
2019 | 2018 |
£ | £ |
Repayable by instalments |
Bank loans more 5 yr by instal | 546,629 | 688,656 |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
2019 | 2018 |
£ | £ |
Bank loans |
The bank loans are secured by fixed and floating charges over the properties and other |
assets of the company. |
9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
At the year end Mr T D McCreedy owed the company £5,648 (2018 - £11,833) and Mr D J |
McCreedy owed the company £4,970 (2018 - nil). The balances are interest free and |
repayable on demand. |