Nabcot Properties Limited - Accounts to registrar (filleted) - small 17.3
Nabcot Properties Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 5 April 2017 |
| for |
| Nabcot Properties Limited |
| Nabcot Properties Limited (Registered number: 00816220) |
| Contents of the Financial Statements |
| for the Year Ended 5 April 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Nabcot Properties Limited |
| Company Information |
| for the Year Ended 5 April 2017 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 67 Westow Street |
| Upper Norwood |
| London |
| SE19 3RW |
| Nabcot Properties Limited (Registered number: 00816220) |
| Balance Sheet |
| 5 April 2017 |
| 5.4.17 | 5.4.16 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| Investment property | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 9 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Non distributable reserves | 11 |
| Retained earnings | 11 |
| 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. |
| Nabcot Properties Limited (Registered number: 00816220) |
| Balance Sheet - continued |
| 5 April 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 Board of Directors on by: |
| Nabcot Properties Limited (Registered number: 00816220) |
| Notes to the Financial Statements |
| for the Year Ended 5 April 2017 |
| 1. | STATUTORY INFORMATION |
| Nabcot Properties Limited is a |
| company's registered number and registered office address can be found on the Company Information page. |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements have been prepared under the historical cost convention as modified by the recognition |
| of certain financial assets and liabilities measured at fair value. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Investment property |
| Investment properties are initially recognised at cost which includes purchase cost and any directly attributable |
| expenditure. Investment properties are measured at fair value. The surplus or deficit arising on the revaluation |
| of investment properties at their fair values are recognised in the income statement. |
| 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. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Nabcot Properties Limited (Registered number: 00816220) |
| Notes to the Financial Statements - continued |
| for the Year Ended 5 April 2017 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 6 April 2016 |
| and 5 April 2017 |
| DEPRECIATION |
| At 6 April 2016 |
| Charge for year |
| At 5 April 2017 |
| NET BOOK VALUE |
| At 5 April 2017 |
| At 5 April 2016 |
| 6. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 6 April 2016 |
| Disposals | ( |
) |
| At 5 April 2017 |
| NET BOOK VALUE |
| At 5 April 2017 |
| At 5 April 2016 |
| The investment property is valued annually by the directors on an open market existing use basis. |
| The historical cost of the investment property amount to £9,647 (2016 - £9,647). |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 5.4.17 | 5.4.16 |
| £ | £ |
| Other debtors |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 5.4.17 | 5.4.16 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| Nabcot Properties Limited (Registered number: 00816220) |
| Notes to the Financial Statements - continued |
| for the Year Ended 5 April 2017 |
| 9. | PROVISIONS FOR LIABILITIES |
| 5.4.17 | 5.4.16 |
| £ | £ |
| Deferred tax | 191,459 | 192,658 |
| Deferred |
| tax |
| £ |
| Balance at 6 April 2016 |
| Credit to Income Statement during year | ( |
) |
| Balance at 5 April 2017 |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 5.4.17 | 5.4.16 |
| value: | £ | £ |
| Ordinary Shares | £1 | 2 | 2 |
| 11. | RESERVES |
| Non |
| Retained | distributable |
| earnings | reserves | Totals |
| £ | £ | £ |
| At 6 April 2016 | 952,815 |
| Profit for the year |
| Deferred tax provision | (1,199 | ) | 1,199 | - |
| Realisation on disposal | 5,000 | (5,000 | ) | - |
| At 5 April 2017 | 1,001,960 |
| 12. | RELATED PARTY DISCLOSURES |
| Included within other debtors are loans due from related parties of £90,858 (2016: £67,194). These loans are |
| interest free. |