Andem (Navenby) Limited
Andem (Navenby) Limited
Registered number: 3674395
Unaudited Financial Statements
For The Year Ended 30 June 2017
Andem (Navenby) Limited
Unaudited Financial Statements
For The Year Ended 30 June 2017
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Statement of Changes in Equity | 3 |
| Notes to the Financial Statements | 4—6 |
Andem (Navenby) Limited
Balance Sheet
As at
30 June 2017
Balance Sheet
Registered number:
3674395
For the year ending 30 June 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2017 | 2016 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 6 |
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| CURRENT ASSETS | |||||
| Debtors | 7 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 8 |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 9 |
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| PROVISIONS FOR LIABILITIES | |||||
| Deferred Taxation | 10 |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 11 |
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| Revaluation reserve |
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| Profit and loss account |
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1,482,150 | |||
| SHAREHOLDERS' FUNDS | 1,672,597 | 1,481,617 | |||
Page 1
Andem (Navenby) Limited
Balance Sheet (continued)
As at
30 June 2017
Directors' responsibilities:
-
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The Company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit and Loss Account
On behalf of the board
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The notes on pages 4 to 6 form part of these financial statements.
Page 2
Andem (Navenby) Limited
Statement of Changes in Equity
For The Year Ended 30 June 2017
Statement of Changes in Equity
| Share Capital | Revaluation reserve | Profit & Loss Account | Total | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| As at 1 July 2015 as previously stated |
|
( |
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1,334,303 |
| Prior year adjustment | - | - | (24,045) | (24,045) |
| As at 1 July 2015 as restated |
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( |
1,310,791 | 1,310,258 |
| Profit for the year and total comprehensive income | - | - |
|
171,359 |
| As at 30 June 2016 and 1 July 2016 |
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( |
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1,481,617 |
| Profit for the year and total comprehensive income | - | - |
|
190,980 |
| As at |
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( |
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1,672,597 |
Page 3
Andem (Navenby) Limited
Notes to the Unaudited Accounts
For The Year Ended 30 June 2017
Notes to the Unaudited Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Freehold |
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1.4.
Deferred Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
1.5.
Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
3.
Average number of employees
Average number of employees, including directors, during the year was as follows:
6.
Tangible Assets
| Land & Property | |
|---|---|
| Freehold | |
| £ | |
| Cost | |
| As at |
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| As at |
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| Net Book Value | |
| As at |
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| As at |
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Page 4
Andem (Navenby) Limited
Notes to the Unaudited Accounts (continued)
For The Year Ended 30 June 2017
7.
Debtors
| 2017 | 2016 | ||
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| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Other debtors |
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| Due after more than one year | |||
| Other debtors |
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8.
Creditors: Amounts Falling Due Within One Year
| 2017 | 2016 | ||
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| £ | £ | ||
| Corporation tax |
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| Accruals and deferred income |
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| Directors' loan accounts |
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9.
Creditors: Amounts Falling Due After More Than One Year
| 2017 | 2016 | ||
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| £ | £ | ||
| Other loans |
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| Other creditors |
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10.
Deferred Taxation
| 2017 | 2016 | ||
|---|---|---|---|
| £ | £ | ||
| As at |
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| Deferred taxation |
( |
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| Deferred tax |
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The provision for deferred taxation is made up of accelerated capital allowances
Page 5
Andem (Navenby) Limited
Notes to the Unaudited Accounts (continued)
For The Year Ended 30 June 2017
12.
Related Party Transactions
13.
Ultimate Controlling Party
The company's immediate and ultimate parent company is Andem Properties (Holdings) Limited, incorporated in England and Wales under company number 03650770.
14.
General Information
Andem (Navenby) Limited Registered number 3674395 is a limited by shares company incorporated in England & Wales. The Registered Office is Red Hill, Firs Lane, Appleton, Warrington, WA4 5LD.
Page 6