Endacott Property Limited
Endacott Property Limited
Registered number: 11568581
Unaudited Financial Statements
For The Year Ended
30 September 2020
Endacott Property Limited
Unaudited Financial Statements
For The Year Ended
30 September 2020
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
Endacott Property Limited
Balance Sheet
As at
30 September 2020
Balance Sheet
Registered number:
11568581
For the year ending 30 September 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 30 September 2020 | 30 September 2019 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 3 |
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| CURRENT ASSETS | |||||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 4 |
( |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 5 |
( |
( |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 6 |
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| Share premium account |
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| Profit and Loss Account |
( |
( |
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| SHAREHOLDERS' FUNDS | 568,306 | 551,807 | |||
Page 1
Endacott Property Limited
Balance Sheet (continued)
As at
30 September 2020
Directors' responsibilities:
-
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. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Director
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Endacott Property Limited
Notes to the Financial Statements
For The Year Ended
30 September 2020
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
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 is reduced for estimated customer returns, rebates and other similar allowances.
1.3.
Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 (2019: 2)
3.
Tangible Assets
| Investment Properties | |
|---|---|
| £ | |
| Cost or Valuation | |
| As at
|
|
| Additions | 377,224 |
| As at
|
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| Net Book Value | |
| As at
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| As at
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|
The analysis of the cost or valuation of the above assets is as follows:
| Investment Properties | |
|---|---|
| £ | |
| As at
|
|
| At cost | 2,792,224 |
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|
| As at
|
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| At cost | - |
| At valuation | 2,415,000 |
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Page 3
Endacott Property Limited
Notes to the Financial Statements (continued)
For The Year Ended
30 September 2020
4.
Creditors: Amounts Falling Due Within One Year
| 30 September 2020 | 30 September 2019 | ||
|---|---|---|---|
| £ | £ | ||
| Corporation tax |
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| Accruals and deferred income |
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| Directors' loan accounts |
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5.
Creditors: Amounts Falling Due After More Than One Year
| 30 September 2020 | 30 September 2019 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans |
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Of the creditors falling due within and after more than one year the following amounts are due after more than five years.
| 30 September 2020 | 30 September 2019 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans and overdrafts | 1,935,875 | 1,653,750 |
7.
General Information
Endacott Property Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
11568581
. The registered office is Little Meadows, Kerves Lane, Horsham, West Sussex, RH13 6ES.
Page 4