Torchshine Limited - Accounts to registrar - small 17.1.1
Torchshine Limited - Accounts to registrar - small 17.1.1
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2017 |
| FOR |
| TORCHSHINE LIMITED |
| TORCHSHINE LIMITED (REGISTERED NUMBER: 02718263) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 30 April 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| TORCHSHINE LIMITED |
| COMPANY INFORMATION |
| for the year ended 30 April 2017 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| 19-20 Bourne Court |
| Southend Road |
| Woodford Green |
| Essex |
| IG8 8HD |
| TORCHSHINE LIMITED (REGISTERED NUMBER: 02718263) |
| BALANCE SHEET |
| 30 April 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
5 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 6 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| TORCHSHINE LIMITED (REGISTERED NUMBER: 02718263) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 30 April 2017 |
| 1. | STATUTORY INFORMATION |
| Torchshine Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents rent receivable. |
| Freehold property |
| Depreciation is not charged on freehold property where the life of that property is believed to be greater than 50 |
| years in accordance with FRS 102.The properties are reviewed for impairment in accordance to FRS 102 at each |
| reporting period. |
| 3. | TANGIBLE FIXED ASSETS |
| Freehold |
| property |
| £ |
| COST |
| At 1 May 2016 |
| and 30 April 2017 |
| NET BOOK VALUE |
| At 30 April 2017 |
| At 30 April 2016 |
| 4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Bank loans and overdrafts |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Bank loans |
| TORCHSHINE LIMITED (REGISTERED NUMBER: 02718263) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 April 2017 |
| 6. | RESERVES |
| Revaluation |
| reserve |
| £ |
| At 1 May 2016 |
| and 30 April 2017 |
| 7. | FIRST YEAR ADOPTION |
| The Company has adopted FRS 102 for the year ended 30 April 2017, with the date of transition being 1 May |
| 2015. On transition management have considered the effect of any changes in accounting treatment from UK |
| GAAP to FRS 102 for this company but do not consider there to be any material changes that would warrant |
| restatement of the comparative financials |