ESS Land Management Limited - Accounts to registrar - small 17.1.1
ESS Land Management Limited - Accounts to registrar - small 17.1.1
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016 |
| FOR |
| ESS LAND MANAGEMENT LIMITED |
| ESS LAND MANAGEMENT LIMITED (REGISTERED NUMBER: 03047952) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 31 December 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| ESS LAND MANAGEMENT LIMITED |
| COMPANY INFORMATION |
| for the year ended 31 December 2016 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| BANKERS: |
| PO Box 2403 |
| 8-11 Pavilion Buildings |
| Castle Square |
| Brighton |
| East Sussex |
| BN1 1DP |
| ESS LAND MANAGEMENT LIMITED (REGISTERED NUMBER: 03047952) |
| BALANCE SHEET |
| 31 December 2016 |
| 2016 | 2015 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 8 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Capital redemption reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| ESS LAND MANAGEMENT LIMITED (REGISTERED NUMBER: 03047952) |
| BALANCE SHEET - continued |
| 31 December 2016 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director on |
| ESS LAND MANAGEMENT LIMITED (REGISTERED NUMBER: 03047952) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 31 December 2016 |
| 1. | STATUTORY INFORMATION |
| ESS Land Management Limited is a |
| company's 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 the fair value of consideration received or receivable, excluding discounts, rebates, VAT |
| and other sales taxes. |
| Tangible fixed assets |
| Plant and equipment | - |
| Motor vehicles | - |
| Computer equipment | - |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
| the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or |
| substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
| have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
| timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
| will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Fixed asset investments |
| Fixed asset investments are stated at cost less provision for diminution in value. |
| Going concern |
| After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the |
| company has adequate resources to continue in existence for the foreseeable future. The company therefore |
| continues to adopt the going concern basis in preparing its financial statements. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| ESS LAND MANAGEMENT LIMITED (REGISTERED NUMBER: 03047952) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 December 2016 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Motor | Computer |
| equipment | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 January 2016 |
| Additions |
| At 31 December 2016 |
| DEPRECIATION |
| At 1 January 2016 |
| Charge for year |
| At 31 December 2016 |
| NET BOOK VALUE |
| At 31 December 2016 |
| At 31 December 2015 |
| 5. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 January 2016 |
| and 31 December 2016 |
| NET BOOK VALUE |
| At 31 December 2016 |
| At 31 December 2015 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Other debtors |
| P J Chaffin Ltd | - | 45,260 |
| Director's current account | 104,946 | 107,275 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Trade creditors |
| Corporation tax |
| VAT | 1,209 | 1,253 |
| P J Chaffin Ltd | 114,740 | - |
| Accrued expenses |
| ESS LAND MANAGEMENT LIMITED (REGISTERED NUMBER: 03047952) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 December 2016 |
| 8. | PROVISIONS FOR LIABILITIES |
| 2016 | 2015 |
| £ | £ |
| Deferred tax | 1,427 | 1,403 |
| Deferred |
| tax |
| £ |
| Balance at 1 January 2016 |
| Accelerated capital allowances | 24 |
| Balance at 31 December 2016 |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary A | £1 | 35 | 35 |
| Ordinary B | £1 | 35 | 35 |
| Ordinary C | £1 | 10 | 10 |
| 80 | 80 |
| 10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| P H Hale |
| During the year under review, the director repaid a net amount of £2,329 of the loan owing to the company. |
| At 31 December 2016, the director owed the company £104,946 (2015 - £107,275). |