ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

AITCHISON RAFFETY (RESIDENTIAL) LIMITED - Company Information

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Caseware UK (AP4) 2020.0.247 2020.0.247 2020-09-302020-09-30Management of real estate on a fee or contract basis2true2019-10-012falsetrue 04239683 2019-10-01 2020-09-30 04239683 2018-10-01 2019-09-30 04239683 2020-09-30 04239683 2019-09-30 04239683 c:Director6 2019-10-01 2020-09-30 04239683 d:CurrentFinancialInstruments 2020-09-30 04239683 d:CurrentFinancialInstruments 2019-09-30 04239683 c:EntityHasNeverTraded 2019-10-01 2020-09-30 04239683 c:FRS102 2019-10-01 2020-09-30 04239683 c:AuditExempt-NoAccountantsReport 2019-10-01 2020-09-30 04239683 c:FullAccounts 2019-10-01 2020-09-30 04239683 c:PrivateLimitedCompanyLtd 2019-10-01 2020-09-30 iso4217:GBP xbrli:pure

Registered number: 04239683










AITCHISON RAFFETY (RESIDENTIAL) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2020
 
AITCHISON RAFFETY (RESIDENTIAL) LIMITED
REGISTERED NUMBER: 04239683

BALANCE SHEET
AS AT 30 SEPTEMBER 2020

2020
2019
Note
£
£

  

Fixed assets
  

Current assets
  

Debtors: amounts falling due within one year
 4 
23,504
23,504

  
23,504
23,504

Total assets less current liabilities
  
 
 
23,504
 
 
23,504

  

  

  

Net assets
  
23,504
23,504


Capital and reserves
  

Called up share capital 
  
117
117

Share premium account
  
23,387
23,387

  
23,504
23,504


For the year ended 30 September 2020 the company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the company to obtain an audit for the year in question 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 financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
 

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



P N Waite BSc (Hons), MRICS, IRRV
Director

Date: 27 April 2021

The notes on pages 2 to 3 form part of these financial statements.

Page 1
 
AITCHISON RAFFETY (RESIDENTIAL) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2020

1.


General information

The entity is a private company, limited by shares, incorporated in England and Wales. The registered office is Unit 4, Stokenchurch Business Park, Ibstone Road, Stokenchurch, High Wycombe, HP14 3FE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are prepared in £ Sterling, the functional currency, rounded to the nearest £1.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the company's accounting policies.

 
2.2

Going concern

The financial statements have been prepared on a going concern basis. The Directors have considered relevant information, including the annual budget, forecast future cash flows and the impact of subsequent events in making their assessment. The COVID-19 pandemic and the ensuing economic shutdown has not had a significant impact on the company’s operations. In response to the COVID-19 pandemic, the Directors have performed a robust analysis of forecast future cash flows taking into account the potential impact on the business of possible future scenarios arising from the impact of COVID-19. This analysis also considers the effectiveness of available measures to assist in mitigating the impact.
 
Based on these assessments and having regard to the resources available to the entity, the Directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the accounts.

 
2.3

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.


3.


Employees

The average monthly number of employees, including directors with contracts of employment during the year was 0 (2019 - 0).

Page 2
 
AITCHISON RAFFETY (RESIDENTIAL) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2020

4.


Debtors

2020
2019
£
£


Amounts owed by group undertakings
23,504
23,504

23,504
23,504


Page 3