Calderstones Homes Limited - Accounts to registrar (filleted) - small 17.3
Calderstones Homes Limited - Accounts to registrar (filleted) - small 17.3
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31st March 2017 |
for |
CALDERSTONES HOMES LIMITED |
CALDERSTONES HOMES LIMITED (REGISTERED NUMBER: 04420172) |
Contents of the Financial Statements |
for the Year Ended 31st March 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
CALDERSTONES HOMES LIMITED |
Company Information |
for the Year Ended 31st March 2017 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
41 St Thomas's Road |
Chorley |
Lancashire |
PR7 1JE |
CALDERSTONES HOMES LIMITED (REGISTERED NUMBER: 04420172) |
Balance Sheet |
31st March 2017 |
31.3.17 | 31.3.16 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Non-distributable reserves |
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. |
CALDERSTONES HOMES LIMITED (REGISTERED NUMBER: 04420172) |
Balance Sheet - continued |
31st March 2017 |
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 |
CALDERSTONES HOMES LIMITED (REGISTERED NUMBER: 04420172) |
Notes to the Financial Statements |
for the Year Ended 31st March 2017 |
1. | STATUTORY INFORMATION |
Calderstones Homes 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 |
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with |
FRS 102 Section 1A for small entities. The date of transition is 1 April 2015. |
The transition to FRS 102 Section 1A for small entities has resulted in no changes in accounting policies and no |
reclassification adjustments. |
Turnover |
Turnover is the value of services, provided to customers during the year. |
Tangible fixed assets |
Computer equipment | - |
Investment property |
Investment property is property held to earn rentals. It is initially measured at acquisition cost, including |
transaction costs. Subsequently it is measured at fair value on an open market basis. Deferred tax is provided on |
these movements. Gains and losses arising from changes in fair value are included in the Statement of Income |
and Retained Earnings in which they arise. |
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 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. |
Cash and cash equivalents |
Cash and cash equivalents includes cash in hand, deposits held with banks, and bank overdrafts. Bank |
overdrafts, when applicable, are shown within borrowings in current liabilities. |
CALDERSTONES HOMES LIMITED (REGISTERED NUMBER: 04420172) |
Notes to the Financial Statements - continued |
for the Year Ended 31st March 2017 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
At 1st April 2016 |
and 31st March 2017 |
DEPRECIATION |
At 1st April 2016 |
and 31st March 2017 |
NET BOOK VALUE |
At 31st March 2017 |
At 31st March 2016 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1st April 2016 |
Revaluations | 16,986 |
At 31st March 2017 |
NET BOOK VALUE |
At 31st March 2017 |
At 31st March 2016 |
Fair value at 31st March 2017 is represented by: |
£ |
Valuation in 2017 | 16,986 |
Cost | 83,014 |
100,000 |
If investment property had not been revalued it would have been included at the following historical cost: |
31.3.17 | 31.3.16 |
£ | £ |
Cost | 83,014 | 83,014 |
Investment property was valued on an open market basis on 31st March 2017 by the director Mr G P Buchanan . |
CALDERSTONES HOMES LIMITED (REGISTERED NUMBER: 04420172) |
Notes to the Financial Statements - continued |
for the Year Ended 31st March 2017 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.17 | 31.3.16 |
£ | £ |
Tax |
Directors' current accounts | 10,000 | 10,000 |
Accrued expenses |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.3.17 | 31.3.16 |
£ | £ |
Directors' loan accounts | 63,433 | 58,309 |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.3.17 | 31.3.16 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
9. | ULTIMATE CONTROLLING PARTY |
Throughout the current and previous year, Mr & Mrs G Buchanan have controlled the company by virtue of |
holding 100% of the issued ordinary share capital. |