Remembrance Parks Construction Limited Accounts

REMEMBRANCE PARKS CONSTRUCTION LIMITED - Company Information






Remembrance Parks Construction Limited

	Company No. 12116478
		Information for Filing with The Registrar
		31 July 2020

The Directors present their report and the accounts for the period ended 31 July 2020.

Principal activities
The principal activity of the company during the period under review was construction of buildings of remembrance.




Directors

The Directors who served at any time during the period were as follows:

N.J. Gerard
S.A. Gerard




































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

N.J. Gerard
Director
15 March 2021

at	31 July 2020
Company No.		12116478	Notes	2020
				£
Fixed assets

	Tangible assets		4	248,940


				248,940
Current assets
	Stocks		5	9,393


	Cash at bank and in hand			28,338
				37,731
Creditors: Amount falling due within one year			6	(287,291)
Net current liabilities				(249,560)
Total assets less current liabilities				(620)




Net liabilities				(620)

Capital and reserves
	Called up share capital			100



	Profit and loss account		7	(720)

Total equity				(620)



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the period ended 31 July 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 15 March 2021
And signed on its behalf by:
N.J. Gerard
Director
15 March 2021

for the period ended 31 July 2020

General information

Its registered number is: 12116478

Its registered office is:

Central House

20 Central Avenue

St Andrews Business Park

Norwich

NR7 0HR

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.

Accounting policies

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Stocks

Work in progress represents costs incurred in the construction or planning phase of freehold buildings and will be transferred to tangible fixed assets upon completion.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2020
			Number
		The average monthly number of employees (including directors) during the period:	2

4	Tangible fixed assets
			Land and buildings	Total
			£	£
		Cost or revaluation

		Additions	248,940	248,940



		At 31 July 2020	248,940	248,940
		Depreciation






		Net book values
		At 31 July 2020	248,940	248,940

5	Stocks
			2020
			£

		Work in progress	9,393

			9,393

6	Creditors:
		amounts falling due within one year
			2020
			£








		Loans from directors	286,571

		Accruals and deferred income	720
			287,291

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

Share capital

On incorporation the company issued 100 £1 Ordinary shares, all of which were paid up.