Pridetime Ltd - Accounts to registrar (filleted) - small 17.3
Pridetime Ltd - Accounts to registrar (filleted) - small 17.3
REGISTERED NUMBER: |
ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2017 |
FOR |
PRIDETIME LTD |
PRIDETIME LTD (REGISTERED NUMBER: 05290188) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2017 |
Page |
Company Information | 1 |
Abridged Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
PRIDETIME LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 APRIL 2017 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
115 Craven Park Road |
South Tottenham |
London |
N15 6BL |
PRIDETIME LTD (REGISTERED NUMBER: 05290188) |
ABRIDGED STATEMENT OF FINANCIAL POSITION |
30 APRIL 2017 |
30.4.17 | 30.4.16 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 3 |
Investment property | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 5 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve | 6 |
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. |
PRIDETIME LTD (REGISTERED NUMBER: 05290188) |
ABRIDGED STATEMENT OF FINANCIAL POSITION - continued |
30 APRIL 2017 |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the director on |
PRIDETIME LTD (REGISTERED NUMBER: 05290188) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2017 |
1. | STATUTORY INFORMATION |
Pridetime Ltd is a |
registered number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Changes in accounting policies |
The company has adopted FRS 102 Section 1A for the first time in the preparation of these accounts. |
Accordingly the date of transition to FRS 102 was 1 January 2015 (beginning of the accounting period of |
comparative financial year). |
There are no material differences in determining the company's profit and loss under FRS 102 Section 1A and the |
previous framework the company adopted (the Financial Reporting Standard for Smaller Entities (effective |
January 2015)). |
Turnover |
Turnover represents net rent receivable, excluding value added tax. |
Tangible fixed assets |
Fixtures and fittings | - |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
fair value is recognised in profit or loss. |
3. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 May 2016 |
and 30 April 2017 |
DEPRECIATION |
At 1 May 2016 |
Charge for year |
At 30 April 2017 |
NET BOOK VALUE |
At 30 April 2017 |
At 30 April 2016 |
PRIDETIME LTD (REGISTERED NUMBER: 05290188) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 APRIL 2017 |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 May 2016 |
Revaluations | 70,000 |
At 30 April 2017 |
NET BOOK VALUE |
At 30 April 2017 |
At 30 April 2016 |
Fair value at 30 April 2017 is represented by: |
£ |
Valuation in 2016 | 91,996 |
Valuation in 2017 | 70,000 |
Cost | 288,004 |
450,000 |
5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |
30.4.17 | 30.4.16 |
£ | £ |
Repayable otherwise than by instalments |
Bank loans more 5 yrs non-inst |
6. | RESERVES |
Revaluation |
reserve |
£ |
At 1 May 2016 |
Revaluation reserves | 70,000 |
At 30 April 2017 |