La Potiniere Limited
La Potiniere Limited
Registered number: 03279982
Unaudited Financial Statements
For The Year Ended
31 December 2020
Holden & Company
Chartered Accountants
50 - 54 Berry Lane
Longridge
Preston
Lancashire
PR3 3JP
La Potiniere Limited
Unaudited Financial Statements
For The Year Ended
31 December 2020
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
La Potiniere Limited
Balance Sheet
As at
31 December 2020
Balance Sheet
Registered number:
03279982
For the year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2020 | 2019 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 3 |
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| CURRENT ASSETS | |||||
| Debtors | 4 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 5 |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
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| NET LIABILITIES |
( |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 6 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | (38,686) | (32,282) | |||
Page 1
La Potiniere Limited
Balance Sheet (continued)
As at
31 December 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
La Potiniere Limited
Notes to the Financial Statements
For The Year Ended
31 December 2020
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historic 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.
The financial statements are prepared on a going concern basis. Because of the excess of liabilities over assets at the accounting date, this basis is only valid if the Company continues to receive the support of its creditors and accordingly depends thereon for its continuing operational existence. The financial statements do not include any adjustments that might otherwise result.
1.2.
Investment Properties
Investment properties are stated at cost which is contrary to the requirement of the Financial Reporting Standard used as the basis for the preparation of these accounts which requires them to be stated at fair value. This accounting treatment obviates the need for annual accounting adjustments to reflect short term fluctuations in market sentiment and the vagaries and cost of valuation. The Directors' consider that this accounting policy, which represents a departure from statutory requirements, provides a consistent and thus fairer presentation of the results and financial position of the Company.
1.3.
Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
2.
Average Number of Employees
Average number of employees during the year was as follows:
| 2020 | 2019 | ||
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| Directors |
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3.
Tangible Assets
| Investment Properties | |
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| £ | |
| Cost | |
| As at
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| As at
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| Net Book Value | |
| As at
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| As at
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Page 3
La Potiniere Limited
Notes to the Financial Statements (continued)
For The Year Ended
31 December 2020
4.
Debtors
| 2020 | 2019 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Prepayments and accrued income |
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5.
Creditors: Amounts Falling Due Within One Year
| 2020 | 2019 | ||
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| £ | £ | ||
| Accruals and deferred income |
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| Directors' loan accounts |
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6.
Share Capital
| 2020 | 2019 | ||
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| Allotted, Called up and fully paid |
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7.
General Information
La Potiniere Limited
registered number
03279982
is a company limited by shares incorporated in England & Wales. The registered office is Thaxted, Hyde Lea, Stafford, ST18 9BG.
Page 4