Charlbury Investments Limited - Accounts to registrar (filleted) - small 18.2
Charlbury Investments Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2020 |
| FOR |
| CHARLBURY INVESTMENTS LIMITED |
| CHARLBURY INVESTMENTS LIMITED (REGISTERED NUMBER: 02783150) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 30 June 2020 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| CHARLBURY INVESTMENTS LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 30 June 2020 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Herschel House |
| 58 Herschel Street |
| Slough |
| Berkshire |
| SL1 1PG |
| CHARLBURY INVESTMENTS LIMITED (REGISTERED NUMBER: 02783150) |
| BALANCE SHEET |
| 30 June 2020 |
| 30.6.20 | 30.6.19 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Revaluation reserve | 8 |
| Retained earnings | 8 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his 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 director and authorised for issue on |
| CHARLBURY INVESTMENTS LIMITED (REGISTERED NUMBER: 02783150) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 30 June 2020 |
| 1. | STATUTORY INFORMATION |
| Charlbury Investments Limited is a |
| 2. | ACCOUNTING POLICIES |
| Going concern |
| The accounts are prepared on the basis of a going concern as the company receives financial support from its parent undertaking, as necessary, and which financial support has been confirmed for a period of at least 12 months from the date of approval of the accounts. |
| Turnover |
| Turnover represents rent receivable on the investment properties, the disposal proceeds of listed investments and dividends receivable on listed investments. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Financial instruments |
| Basic financial instruments as covered by Section 11 of FRS102 are measured at amortised cost. The company does not have any Other financial instruments as covered by Section 12 of FRS102. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| Fixed asset investments |
| Following the adoption of FRS102 the director has adopted the cost model for fixed asset investments. |
| Investment properties are shown at the deemed cost under the cost model less any impairment. Any impairment will be recognised in the profit and loss account for the year. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| CHARLBURY INVESTMENTS LIMITED (REGISTERED NUMBER: 02783150) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 30 June 2020 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 July 2019 |
| and 30 June 2020 |
| DEPRECIATION |
| At 1 July 2019 |
| and 30 June 2020 |
| NET BOOK VALUE |
| At 30 June 2020 |
| At 30 June 2019 |
| Investment properties are held at deemed cost less impairment, in accordance with the company's accounting policy. In the opinion of the director the open market value of the investment properties is in excess of the deemed cost and so no impairment is necessary. |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.6.20 | 30.6.19 |
| £ | £ |
| Amounts owed by group undertakings |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.6.20 | 30.6.19 |
| £ | £ |
| Amounts owed to group undertakings |
| Other creditors & accruals |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.6.20 | 30.6.19 |
| value: | £ | £ |
| Ordinary Shares | £1 | 100 | 100 |
| 8. | RESERVES |
| Retained | Revaluation |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1 July 2019 | ( |
) | (1,399,278 | ) |
| Deficit for the year | ( |
) | ( |
) |
| At 30 June 2020 | ( |
) | (1,465,858 | ) |
| CHARLBURY INVESTMENTS LIMITED (REGISTERED NUMBER: 02783150) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 30 June 2020 |
| 9. | RELATED PARTY DISCLOSURES |
| At 30 June 2020 included in creditors falling due within one year is an amount of £2,711,955 (2019: £2,705,235) owed to Charlbury Holdings Limited, the ultimate holding company. During the year, the company paid management fees of £6,720 (2019: £6,720) to Charlbury Holdings Limited. |
| At 30 June 2020 included in debtors is an amount of £68,999 (2019: £81,999) owed by Stellawell Limited, an associated company. During the year, the company received rental income of £12,000 (2019: £12,000) from Stellawell Limited. |