Salisbury View SPV Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 08996246 (England and Wales)

SALISBURY VIEW SPV LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G P Barrett

D N Myers

SECRETARY:

MC Secretaries Limited

REGISTERED OFFICE:

7 Bundy Lane

Bishopdown

Salisbury

Wiltshire

SP1 3PE

REGISTERED NUMBER:

08996246 (England and Wales)

ACCOUNTANTS:

Morris Crocker

Chartered Accountants

Station House

North Street

Havant

Hampshire

PO9 1QU

CURRENT ASSETS

Stocks

35,336

35,336

CREDITORS

Amounts falling due within one year

3

38,058

36,966

NET CURRENT LIABILITIES

(2,722

)

(1,630

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,722

)

(1,630

)

CAPITAL AND RESERVES

Called up share capital

4

2

2

Retained earnings

(2,724

)

(1,632

)

SHAREHOLDERS' FUNDS

(2,722

)

(1,630

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 11 December 2017 and were signed on its behalf by:

G P Barrett - Director

1.	STATUTORY INFORMATION

Salisbury View SPV Limited is a private company, limited by shares , registered in England and Wales.

The 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 have been prepared in accordance with the provisions of Section 1A "Small

Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK

and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared

under the historical cost convention as modified by the revaluation of certain assets.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling

costs in bringing stocks to their present location and condition.

Deferred taxation

Deferred tax is recognised in respect of all timing differences at the balance sheet date, except as

otherwise required in the paragraphs below.

Unrelieved 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.

Deferred tax shall not be recognised on permanent differences, other than a business combination

where assets (other than goodwill) give rise to an deferred tax asset or liability.

3.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other creditors

38,058

36,966

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

2

Ordinary

£1

2

2

5.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party of the company.

6.	FIRST YEAR ADOPTION

Transitional relief

In preparing the accounts, the directors have considered whether in applying the accounting policies

required by FRS 102 Section 1A a restatement of comparative items was needed. No restatements

were required.