A J Pritchard Investments Limited - Accounts to registrar (filleted) - small 18.2
A J Pritchard Investments Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Abridged Financial Statements for the Year Ended 31st March 2020 |
| for |
| A J Pritchard Investments Limited |
| A J Pritchard Investments Limited (Registered number: 06526600) |
| Contents of the Financial Statements |
| for the Year Ended 31st March 2020 |
| Page |
| Company Information | 1 |
| Abridged Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| A J Pritchard Investments Limited |
| Company Information |
| for the Year Ended 31st March 2020 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Thorneloe House |
| 25 Barbourne Road |
| Worcester |
| Worcestershire |
| WR1 1RU |
| A J Pritchard Investments Limited (Registered number: 06526600) |
| Abridged Balance Sheet |
| 31st March 2020 |
| 2020 | 2019 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| Investment property | 6 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Non-distributable profit and loss account | 7 |
| Retained earnings | 7 |
| SHAREHOLDERS' FUNDS |
| 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. |
| 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 signed on its behalf by: |
| A J Pritchard Investments Limited (Registered number: 06526600) |
| Notes to the Financial Statements |
| for the Year Ended 31st March 2020 |
| 1. | STATUTORY INFORMATION |
| A J Pritchard Investments Limited is a |
| 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 |
| 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 |
| Plant and machinery | - |
| Fixtures and fittings | - |
| 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 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2019 - NIL). |
| A J Pritchard Investments Limited (Registered number: 06526600) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st March 2020 |
| 4. | TANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1st April 2019 |
| and 31st March 2020 |
| DEPRECIATION |
| At 1st April 2019 |
| Charge for year |
| At 31st March 2020 |
| NET BOOK VALUE |
| At 31st March 2020 |
| At 31st March 2019 |
| 5. | FIXED ASSET INVESTMENTS |
| Information on investments other than loans is as follows: |
| Totals |
| £ |
| COST OR VALUATION |
| At 1st April 2019 | 144,628 |
| Additions | 42,116 |
| Disposals | (11,803 | ) |
| Revaluations | (21,790 | ) |
| At 31st March 2020 | 153,151 |
| NET BOOK VALUE |
| At 31st March 2020 | 153,151 |
| At 31st March 2019 | 144,628 |
| Cost or valuation at 31st March 2020 is represented by: |
| Totals |
| £ |
| Valuation in 2017 | 5,445 |
| Valuation in 2018 | (152,691 | ) |
| Valuation in 2019 | 291,874 |
| Valuation in 2020 | 8,523 |
| 153,151 |
| 6. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1st April 2019 |
| and 31st March 2020 |
| NET BOOK VALUE |
| At 31st March 2020 |
| At 31st March 2019 |
| A J Pritchard Investments Limited (Registered number: 06526600) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st March 2020 |
| 6. | INVESTMENT PROPERTY - continued |
| Fair value at 31st March 2020 is represented by: |
| £ |
| Valuation in 2018 | 1,350,000 |
| If Investment property had not been revalued it would have been included at the following historical cost: |
| 2020 | 2019 |
| £ | £ |
| Cost | 1,367,990 | 1,367,990 |
| Investment property was valued on an open market basis on 1st July 2019 by the directors . |
| 7. | RESERVES |
| Non-distributable |
| profit |
| Retained | and loss |
| earnings | account | Totals |
| £ | £ | £ |
| At 1st April 2019 | 1,572,319 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| Revaluation of quoted investments | ( |
) | ( |
) |
| Transfer between reserves | (17,990 | ) | 17,990 | - |
| At 31st March 2020 | 1,589,991 |
| 8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31st March 2020 and |
| 31st March 2019: |
| 2020 | 2019 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |