Torr Vale Mills Limited - Accounts

Torr Vale Mills Limited - Accounts

TORR VALE MILLS LIMITED - Company Information

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Torr Vale Mills Limited 01285293 91030 - Operation of historical sites and buildings and similar visitor attractions false 1 January 2020 01285293 2020-01-01 2020-12-31 01285293 2019-12-31 01285293 2020-12-31 01285293 2019-01-01 2019-12-31 01285293 2018-12-31 01285293 2019-12-31 01285293 frs102-bus:FRS102 2020-01-01 2020-12-31 01285293 frs102-bus:PrivateLimitedCompanyLtd 2020-01-01 2020-12-31 01285293 frs102-bus:FullAccounts 2020-01-01 2020-12-31 01285293 frs102-bus:AuditExempt-NoAccountantsReport 2020-01-01 2020-12-31 01285293 frs102-core:CurrentFinancialInstruments 2020-12-31 01285293 frs102-core:CurrentFinancialInstruments 2019-12-31 01285293 frs102-core:ShareCapital 2020-12-31 01285293 frs102-core:ShareCapital 2019-12-31 01285293 frs102-core:RetainedEarningsAccumulatedLosses 2020-12-31 01285293 frs102-core:RetainedEarningsAccumulatedLosses 2019-12-31 01285293 frs102-bus:Director1 2020-01-01 2020-12-31 01285293 frs102-core:FurnitureFittings 2020-01-01 2020-12-31 01285293 frs102-core:LandBuildings 2020-01-01 2020-12-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
01285293
Torr Vale Mills Limited
Unaudited Accounts
for the year ended
31 December 2020
Torr Vale Mills Limited
Balance Sheet
as at 31 December 2020
Notes
 2020
£		 2019
£
Fixed assets
Tangible assets 122,670 150,853
122,670 150,853
Current assets
Debtors 0 39,897
Cash at bank and in hand 22 0
22 39,897
Creditors: amounts falling due within one year (612,166) (635,131)
Net current assets / (liabilities) (612,144) (595,234)
Total assets less current liabilities (489,474) (444,381)
Provisions for liabilities (0) (0)
Total net assets (liabilities) (489,474) (444,381)
Capital and reserves
Called up share capital 11,251 11,251
Profit and loss account (500,725) (455,632)
Shareholders' funds (489,474) (444,381)

Torr Vale Mills Limited
Balance Sheet
as at 31 December 2020



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 December 2020 the company was entitled to exemption 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 Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

D Cunningham

Director


Approved by the board on 30 September 2021

Company Number: 01285293 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Torr Vale Mill Torr Vale Road
New Mills
High Peak
Derbyshire
SK22 3HS

Torr Vale Mills Limited
Notes to the Accounts
for the year ended 31 December 2020

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Fixtures & Fittings 25% Reducing Balance
Land & buildings 2% Straight Line
2. Employees
2020 2019
Average number of employees during the period 1 0