Anglo Cathay Development Limited

Anglo Cathay Development Limited

ANGLO CATHAY DEVELOPMENT LIMITED - Company Information

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1 February 2019 false No description of principal activity Taxfiler 2020.15 09377529business:PrivateLimitedCompanyLtd2019-02-012020-01-31 093775292019-01-31 093775292019-02-012020-01-31 09377529business:AuditExemptWithAccountantsReport2019-02-012020-01-31 09377529business:AbridgedAccounts2019-02-012020-01-31 093775292020-01-31 09377529business:Director12019-02-012020-01-31 09377529business:Director22019-02-012020-01-31 09377529business:CompanySecretary12019-02-012020-01-31 09377529business:RegisteredOffice2019-02-012020-01-31 093775292019-01-31 09377529core:WithinOneYear2020-01-31 09377529core:WithinOneYear2019-01-31 09377529core:ShareCapital2020-01-31 09377529core:ShareCapital2019-01-31 09377529core:RetainedEarningsAccumulatedLosses2020-01-31 09377529core:RetainedEarningsAccumulatedLosses2019-01-31 09377529business:SmallEntities2019-02-012020-01-31 09377529countries:EnglandWales2019-02-012020-01-31 093775292018-02-012019-01-31 iso4217:GBP xbrli:pure
Company Registration No. 09377529 (England and Wales)
Anglo Cathay Development Limited Unaudited accounts for the year ended 31 January 2020
Anglo Cathay Development Limited Unaudited accounts Contents
Page
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Anglo Cathay Development Limited Company Information for the year ended 31 January 2020
Directors
Michael Haddican David Haddican
Secretary
David Haddican
Company Number
09377529 (England and Wales)
Registered Office
3 ABBEY GARDENS GREAT HAYWOOD STAFFORD ST18 0RY
Accountants
Seymour Johnson Ltd 2 London Road Tetbury Gloucester Gloucestershire GL8 8JL
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Anglo Cathay Development Limited Accountants' report
Accountants' report to the board of directors of Anglo Cathay Development Limited on the preparation of the unaudited statutory accounts for the year ended 31 January 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Anglo Cathay Development Limited for the year ended 31 January 2020 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Anglo Cathay Development Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Anglo Cathay Development Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Anglo Cathay Development Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Anglo Cathay Development Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Anglo Cathay Development Limited. You consider that Anglo Cathay Development Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Anglo Cathay Development Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Seymour Johnson Ltd 2 London Road Tetbury Gloucester Gloucestershire GL8 8JL 10 November 2020
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Anglo Cathay Development Limited Statement of financial position as at 31 January 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
835,756 
835,756 
Current assets
Debtors
(27,436)
- 
Cash at bank and in hand
60,566 
31,526 
33,130 
31,526 
Creditors: amounts falling due within one year
(828,071)
(839,405)
Net current liabilities
(794,941)
(807,879)
Net assets
40,815 
27,877 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
40,715 
27,777 
Shareholders' funds
40,815 
27,877 
For the year ending 31 January 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 November 2020 and were signed on its behalf by
Michael Haddican Director Company Registration No. 09377529
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Anglo Cathay Development Limited Notes to the Accounts for the year ended 31 January 2020
1
Statutory information
Anglo Cathay Development Limited is a private company, limited by shares, registered in England and Wales, registration number 09377529. The registered office is 3 ABBEY GARDENS, GREAT HAYWOOD, STAFFORD, ST18 0RY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are investment properties
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 February 2019
835,756 
At 31 January 2020
835,756 
Depreciation
At 31 January 2020
- 
Net book value
At 31 January 2020
835,756 
At 31 January 2019
835,756 
5
Average number of employees
During the year the average number of employees was 0 (2019: 0).
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