De Trafford Churchgate Block D Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09558600 (England and Wales)

DE TRAFFORD ESTATES CHURCHGATE BLOCK D

LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G. T. Jackson

REGISTERED OFFICE:

Barrington House

Heyes Lane

Alderley Edge

Cheshire

SK9 7LA

REGISTERED NUMBER:

09558600 (England and Wales)

ACCOUNTANTS:

Usher Spiby & Co

76 Manchester Road

Denton

Manchester

M34 3PS

CURRENT ASSETS

Stocks

2,884,869

1,303,903

Debtors

3

1,392,915

1,211,386

Cash at bank and in hand

498

1,146,646

4,278,282

3,661,935

CREDITORS

Amounts falling due within one year

4

4,281,437

3,663,684

NET CURRENT LIABILITIES

(3,155

)

(1,749

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,155

)

(1,749

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(3,156

)

(1,750

)

SHAREHOLDERS' FUNDS

(3,155

)

(1,749

)

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 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.

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 director on 30 January 2018 and were signed by:

G. T. Jackson - Director

1.	STATUTORY INFORMATION

De Trafford Estates Churchgate Block D 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.

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.

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.

Revenue recognition

Turnover represents amounts receivable for properties and services provided in the normal course of business,

net of trade discounts, VAT and other sales related taxes.

Revenue is recognised when the Company has obtained the right to receive consideration in exchange for its

performance under contracts for sale. Revenue is recognised on sales of properties when the notice for legal

completion is served on the purchaser at the point of completion of the Companies obligation to the purchaser

under the contract for sale.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Other debtors

1,392,915

1,211,386

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Trade creditors

2,263

-

De Trafford Estates Victoria

Gardens Limited

3,406,966

3,157,710

De Trafford and Palatine

Estates Limited

578,273

504,474

De Trafford Estates Elisabeth

Gardens Limited

120,000

-

De Trafford Estates Churchgate

Limited

172,435

-

Accrued expenses

1,500

1,500

4,281,437

3,663,684