| White Horse Land (Kingswood) Limited |
| Registered number: |
09330686 |
| Balance Sheet |
| as at 30 November 2019 |
|
| Notes |
|
|
2019 |
|
|
2018 |
| £ |
£ |
| Fixed assets |
| Investments |
3 |
|
|
215,000 |
|
|
120,000 |
|
| Current assets |
| Debtors |
4 |
|
71,077 |
|
|
- |
| Cash at bank and in hand |
|
|
119,259 |
|
|
365,758 |
|
|
|
190,336 |
|
|
365,758 |
|
| Creditors: amounts falling due within one year |
5 |
|
(276,964) |
|
|
(352,793) |
|
| Net current (liabilities)/assets |
|
|
|
(86,628) |
|
|
12,965 |
|
| Net assets |
|
|
|
128,372 |
|
|
132,965 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
128,371 |
|
|
132,964 |
|
| Shareholder's funds |
|
|
|
128,372 |
|
|
132,965 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| F J Britton |
| Director |
| Approved by the board on 26 August 2020 |
|
| White Horse Land (Kingswood) Limited |
| Notes to the Accounts |
| for the year ended 30 November 2019 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is derived from rental income. |
|
|
Tangible fixed assets |
|
The company held freehold property known as 161 Two Mile Hill Road, Kingswood, Bristol. During the year this was sold. |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
|
|
| 2 |
Employees |
2019 |
|
2018 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Investments |
|
| Other |
| investments |
| £ |
|
Cost |
|
At 1 December 2018 |
120,000 |
|
Additions |
95,000 |
|
|
At 30 November 2019 |
215,000 |
|
|
| 4 |
Debtors |
2019 |
|
2018 |
| £ |
£ |
|
|
Other debtors |
71,077 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2019 |
|
2018 |
| £ |
£ |
|
|
Taxation and social security costs |
- |
|
27,115 |
|
Other creditors |
276,964 |
|
325,678 |
|
|
|
|
|
|
276,964 |
|
352,793 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
White Horse Land (Kingswood) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
The Old Schoolhouse |
|
75A Jacobs Wells Road |
|
Clifton |
|
Bristol |
|
BS8 1DJ |
