| Vine Court (Cosham) Limited |
| Registered number: |
03155288 |
| Balance Sheet |
| as at 28 February 2021 |
|
| Notes |
|
|
2021 |
|
|
2020 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
1,350 |
|
|
1,350 |
|
| Current assets |
| Debtors |
4 |
|
825 |
|
|
1,050 |
| Cash at bank and in hand |
|
|
6,356 |
|
|
5,044 |
|
|
|
7,181 |
|
|
6,094 |
|
| Creditors: amounts falling due within one year |
5 |
|
(310) |
|
|
(175) |
|
| Net current assets |
|
|
|
6,871 |
|
|
5,919 |
|
| Total assets less current liabilities |
|
|
|
8,221 |
|
|
7,269 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(1,530) |
|
|
(1,530) |
|
|
|
| Net assets |
|
|
|
6,691 |
|
|
5,739 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
9 |
|
|
9 |
| Profit and loss account |
|
|
|
6,682 |
|
|
5,730 |
|
| Shareholders' funds |
|
|
|
6,691 |
|
|
5,739 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| 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. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr GJ Mills |
| Director |
| Approved by the board on 24 March 2021 |
|
| Vine Court (Cosham) Limited |
| Notes to the Accounts |
| for the year ended 28 February 2021 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
The company does not trade and there is no corporation tax payable |
|
|
| 2 |
Employees |
2021 |
|
2020 |
| Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 March 2020 |
1,350 |
|
At 28 February 2021 |
1,350 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 28 February 2021 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2021 |
1,350 |
|
At 29 February 2020 |
1,350 |
|
|
| 4 |
Debtors |
2021 |
|
2020 |
| £ |
£ |
|
|
Other debtors |
825 |
|
1,050 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Other creditors |
310 |
|
175 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Shareholders interest free loan |
1,530 |
|
1,530 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
Vine Court (Cosham) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
3 Vine Court |
|
Dorking Crescent |
|
Cosham |
|
Hants |
|
PO6 2QW |
|
| 9 |
Freehold Reversion Interest |
|
|
The freehold reversion interest was acquired in February 1996 for the benefit of the nine leaseholders at Vine Court, Dorking Crescent, Cosham, Portsmouth PO6 2QW. |
|
| 10 |
Contingent Liability |
|
|
The company has made no provision to set up a maintenance reserve fund to meet essential repairs to the freehold property. |
