Equity Real Estate (Rushworth) Ltd
Equity Real Estate (Rushworth) Ltd
Registered number: 10214025
Unaudited Financial Statements
For The Year Ended
31 December 2019
Equity Real Estate (Rushworth) Ltd
Unaudited Financial Statements
For The Year Ended
31 December 2019
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
Equity Real Estate (Rushworth) Ltd
Balance Sheet
As at
31 December 2019
Balance Sheet
Registered number:
10214025
For the year ending 31 December 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2019 | 2018 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Stocks | 3 |
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| Creditors: Amounts Falling Due Within One Year | 4 |
( |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
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| NET LIABILITIES |
( |
( |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 5 |
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| Profit and Loss Account |
( |
( |
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| SHAREHOLDERS' FUNDS | (16,907) | (16,007) | |||
Page 1
Equity Real Estate (Rushworth) Ltd
Balance Sheet (continued)
As at
31 December 2019
Directors' responsibilities:
-
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
|
Director
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Equity Real Estate (Rushworth) Ltd
Notes to the Financial Statements
For The Year Ended
31 December 2019
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
1.3.
Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| 2019 | 2018 | ||
|---|---|---|---|
| Office and administration |
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3.
Stocks
| 2019 | 2018 | ||
|---|---|---|---|
| £ | £ | ||
| Stock - materials and work in progress | 679,000 | 679,000 | |
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4.
Creditors: Amounts Falling Due Within One Year
| 2019 | 2018 | ||
|---|---|---|---|
| £ | £ | ||
| Other creditors |
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| Accruals and deferred income |
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5.
Share Capital
| 2019 | 2018 | ||
|---|---|---|---|
| Allotted, Called up and fully paid |
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Page 3
Equity Real Estate (Rushworth) Ltd
Notes to the Financial Statements (continued)
For The Year Ended
31 December 2019
6.
General Information
Equity Real Estate (Rushworth) Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
10214025
. The registered office is 7 Poplar Road, Denham, Uxbridge, UB9 4AN.
Page 4