De Trafford Great Jackson Street Limited - Accounts to registrar (filleted) - small 18.2
De Trafford Great Jackson Street Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
De Trafford Great Jackson Street Limited |
Unaudited Financial Statements |
for the Year Ended 31 December 2020 |
De Trafford Great Jackson Street Limited (Registered number: 10365161) |
Contents of the Financial Statements |
for the Year Ended 31 December 2020 |
Page |
Company information | 1 |
Balance sheet | 2 |
Notes to the financial statements | 4 |
De Trafford Great Jackson Street Limited |
Company Information |
for the Year Ended 31 December 2020 |
Director: |
Secretary: |
Registered office: |
Registered number: |
Accountants: |
Chartered Accountants |
76 Manchester Road |
Denton |
Manchester |
M34 3PS |
De Trafford Great Jackson Street Limited (Registered number: 10365161) |
Balance Sheet |
31 December 2020 |
31.12.20 | 31.12.19 |
Notes | £ | £ |
Current assets |
Stocks |
Debtors | 4 |
Cash at bank and in hand |
Creditors |
Amounts falling due within one year | 5 |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities | ( |
) | ( |
) |
Creditors |
Amounts falling due after more than one year |
6 |
Net liabilities | ( |
) | ( |
) |
Capital and reserves |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
( |
) | ( |
) |
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. |
De Trafford Great Jackson Street Limited (Registered number: 10365161) |
Balance Sheet - continued |
31 December 2020 |
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 |
De Trafford Great Jackson Street Limited (Registered number: 10365161) |
Notes to the Financial Statements |
for the Year Ended 31 December 2020 |
1. | Statutory information |
De Trafford Great Jackson Street Limited is a |
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. |
Stocks |
Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
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. |
Research and development |
Expenditure on research and development is written off to the profit and loss. |
De Trafford Great Jackson Street Limited (Registered number: 10365161) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2020 |
2. | Accounting policies - continued |
Revenue recognition |
Turnover represents amounts receivable for properties and services provided in the normal course of business, net of trade discounts, VAT and other related taxes. |
Revenue is recognised when the company has obtained the right to receive consideration in exchange for its performance under contracts for sale. Revenue is recognised on sales of properties when the notice for legal completion is served on the purchaser at the point of completion of the company's obligation to the purchaser under the contract for sale. |
3. | Employees and directors |
The average number of employees during the year was |
4. | Debtors: amounts falling due within one year |
31.12.20 | 31.12.19 |
£ | £ |
Other debtors |
5. | Creditors: amounts falling due within one year |
31.12.20 | 31.12.19 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
6. | Creditors: amounts falling due after more than one year |
31.12.20 | 31.12.19 |
£ | £ |
Bank loans |