Goldcrest Properties Limited - Limited company accounts 16.3

REGISTERED NUMBER: 03281522 (England and Wales)

GOLDCREST PROPERTIES LIMITED

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 27 SEPTEMBER 2015 TO 1 OCTOBER 2016

Page

Company Information

1

Report of the Directors

2

Statement of Comprehensive Income

3

Balance Sheet

4

Statement of Changes in Equity

5

Notes to the Financial Statements

6

Reconciliation of Equity

8

Reconciliation of Loss

10

DIRECTORS:

W J A Timpson

W J Timpson

P Majithia

REGISTERED OFFICE:

Timpson House

Claverton Road

Wythenshawe

Manchester

M23 9TT

REGISTERED NUMBER:

03281522 (England and Wales)

The directors present their report with the financial statements of the company for the period 27 September 2015 to 1 October 2016.

DIRECTORS

The directors shown below have held office during the whole of the period from 27 September 2015 to the date of this

report.

W J A Timpson

W J Timpson

P Majithia

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

P Majithia - Director

31 March 2017

TURNOVER

-

-

Administrative expenses

200

24

OPERATING LOSS and

LOSS ON ORDINARY ACTIVITIES BEFORE TAXATION

2

(200

)

(24

)

Tax on loss on ordinary activities

3

-

-

LOSS FOR THE FINANCIAL PERIOD

(200

)

(24

)

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE LOSS FOR THE PERIOD

(200

)

(24

)

FIXED ASSETS

Investments

4

8

8

CURRENT ASSETS

Debtors

5

35,860

36,060

NET CURRENT ASSETS

35,860

36,060

TOTAL ASSETS LESS CURRENT LIABILITIES

35,868

36,068

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

7

35,866

36,066

SHAREHOLDERS' FUNDS

35,868

36,068

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 1 October 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 1 October 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 March 2017 and were signed on its behalf by:

P Majithia - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 28 September 2014

2

36,090

36,092

Changes in equity

Total comprehensive loss

-

(24

)

(24

)

Balance at 26 September 2015

2

36,066

36,068

Changes in equity

Total comprehensive loss

-

(200

)

(200

)

Balance at 1 October 2016

2

35,866

35,868

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Financial reporting standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemption in preparing these financial statements,

as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

•

the requirements of Section 7 Statement of Cash Flows.

2.	OPERATING LOSS

The operating loss is stated after charging:

Period

Period

27.9.15

28.9.14

to

to

1.10.16

26.9.15

£

£

Directors' remuneration and other benefits etc

-

-

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the period ended 1 October 2016 nor for the

period ended 26 September 2015.

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 27 September 2015

and 1 October 2016

8

NET BOOK VALUE

At 1 October 2016

8

At 26 September 2015

8

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Amounts owed by group undertakings

35,860

36,060

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2

Ordinary

1

2

2

7.

RESERVES

Retained

earnings

£

At 27 September 2015

36,066

Deficit for the period

(200

)

At 1 October 2016

35,866

FIXED ASSETS

Investments

8

-

8

CURRENT ASSETS

Debtors

36,084

-

36,084

TOTAL ASSETS LESS CURRENT LIABILITIES

36,092

-

36,092

NET ASSETS

36,092

-

36,092

CAPITAL AND RESERVES

Called up share capital

2

-

2

Retained earnings

36,090

-

36,090

SHAREHOLDERS' FUNDS

36,092

-

36,092

FIXED ASSETS

Investments

8

-

8

CURRENT ASSETS

Debtors

36,060

-

36,060

TOTAL ASSETS LESS CURRENT LIABILITIES

36,068

-

36,068

NET ASSETS

36,068

-

36,068

CAPITAL AND RESERVES

Called up share capital

2

-

2

Retained earnings

36,066

-

36,066

SHAREHOLDERS' FUNDS

36,068

-

36,068

TURNOVER

-

-

-

Administrative expenses

(24

)

-

(24

)

OPERATING LOSS

(24

)

-

(24

)

and

LOSS ON ORDINARY ACTIVITIES BEFORE TAXATION

(24

)

-

(24

)

Tax on loss on ordinary activities

-

-

-

LOSS FOR THE FINANCIAL PERIOD

(24

)

-

(24

)