The Footprint Property Group (Yorkshire) - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07838213 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2019

for

The Footprint Property Group (Yorkshire)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M J P Hollick

Mr J P Chambers

REGISTERED OFFICE:

94 Gattison Lane

Rossington

Doncaster

South Yorkshire

DN11 0NR

REGISTERED NUMBER:

07838213 (England and Wales)

FIXED ASSETS

Tangible assets

4

102,020

32,648

CURRENT ASSETS

Stocks

744,636

669,756

Debtors

5

77,042

31,466

Cash at bank

-

10,157

821,678

711,379

CREDITORS

Amounts falling due within one year

6

894,292

857,057

NET CURRENT LIABILITIES

(72,614

)

(145,678

)

TOTAL ASSETS LESS CURRENT LIABILITIES

29,406

(113,030

)

CREDITORS

Amounts falling due after more than one year

7

(57,409

)

-

PROVISIONS FOR LIABILITIES

(11,831

)

-

NET LIABILITIES

(39,834

)

(113,030

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

(39,934

)

(113,130

)

SHAREHOLDERS' FUNDS

(39,834

)

(113,030

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2020 and were signed on its behalf by:

Mr M J P Hollick - Director

1.	STATUTORY INFORMATION

The Footprint Property Group (Yorkshire) Limited is a private company, limited by shares , registered in

England and 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance and 10% on cost

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element

of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

Going concern

At the year end the company had net liabilities of £39,834. However, the directors confirmed that it remains

appropriate to prepare the accounts on a going concern basis due to their continued financial support. The loan

from the directors at the balance sheet date was £176,354. The directors have confirmed they will not seek

repayment until the company is in a position to repay from positive reserves.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2018

39,388

Additions

85,527

At 30 September 2019

124,915

DEPRECIATION

At 1 October 2018

6,740

Charge for year

16,155

At 30 September 2019

22,895

NET BOOK VALUE

At 30 September 2019

102,020

At 30 September 2018

32,648

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

Additions

71,830

At 30 September 2019

71,830

DEPRECIATION

Charge for year

7,782

At 30 September 2019

7,782

NET BOOK VALUE

At 30 September 2019

64,048

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.19

30.9.18

£

£

Trade debtors

225

1,857

Other debtors

76,817

29,609

77,042

31,466

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.19

30.9.18

£

£

Bank loans and overdrafts

8,148

-

Hire purchase contracts

10,472

-

Trade creditors

37,182

122,684

Taxation and social security

480

3,000

Other creditors

838,010

731,373

894,292

857,057

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.19

30.9.18

£

£

Hire purchase contracts

57,409

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.19

30.9.18

£

£

Bank overdraft

8,148

-

Other loans

648,000

500,970

Hire purchase contracts

67,881

-

724,029

500,970

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.19

30.9.18

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 October 2018

(113,130

)

Profit for the year

73,196

At 30 September 2019

(39,934

)

11.	CAPITAL COMMITMENTS

30.9.19

30.9.18

£

£

Contracted but not provided for in the

financial statements

125,000

648,000