Remarkable SM JV Ltd - Accounts to registrar (filleted) - small 18.2
Remarkable SM JV Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 10 January 2019 to 31 January 2020 |
for |
Remarkable SM JV Ltd |
Remarkable SM JV Ltd (Registered number: 11759250) |
Contents of the Financial Statements |
for the Period 10 January 2019 to 31 January 2020 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Remarkable SM JV Ltd |
Company Information |
for the Period 10 January 2019 to 31 January 2020 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Yoden House |
30 Yoden Way |
Peterlee |
Co. Durham |
SR8 1AL |
Remarkable SM JV Ltd (Registered number: 11759250) |
Balance Sheet |
31 January 2020 |
Notes | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Other reserves |
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 |
Remarkable SM JV Ltd (Registered number: 11759250) |
Notes to the Financial Statements |
for the Period 10 January 2019 to 31 January 2020 |
1. | STATUTORY INFORMATION |
Remarkable SM JV Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
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. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
Revaluations | 18,769 |
At 31 January 2020 |
NET BOOK VALUE |
At 31 January 2020 |
Remarkable SM JV Ltd (Registered number: 11759250) |
Notes to the Financial Statements - continued |
for the Period 10 January 2019 to 31 January 2020 |
4. | INVESTMENT PROPERTY - continued |
Fair value at 31 January 2020 is represented by: |
£ |
Valuation in 2020 | 120,000 |
If the investment had not been revalued it would have been included at the following historical cost: |
£ |
Cost | 85,386 |
The investment property was valued on an open market basis on 31 January 2020 by a Registered Chartered Surveyor . |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Bank loans and overdrafts |
Other creditors |