TIPPERARY REALTY LIMITED - Period Ending 2017-03-31
TIPPERARY REALTY LIMITED - Period Ending 2017-03-31
Registration number:
TIPPERARY REALTY LIMITED
for the Year Ended 31 March 2017
TIPPERARY REALTY LIMITED
Contents
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Company Information |
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Directors' Report |
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Profit and Loss Account |
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Statement of Comprehensive Income |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Financial Statements |
TIPPERARY REALTY LIMITED
Company Information
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Directors |
Woodford Directors Limited Ms G Corsi |
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Company secretary |
Woodford Services Limited |
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Registered office |
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Accountants |
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Page 1 |
TIPPERARY REALTY LIMITED
Directors' Report for the Year Ended 31 March 2017
The directors present their report and the financial statements for the year ended 31 March 2017.
Directors of the company
The directors who held office during the year were as follows:
Principal activity
The principal activity of the company is that of an investment property holder
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the
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Page 2 |
TIPPERARY REALTY LIMITED
Profit and Loss Account for the Year Ended 31 March 2017
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Note |
2017 |
2016 |
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Turnover |
- |
- |
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Administrative expenses |
( |
( |
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Operating loss |
( |
( |
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Loss before tax |
( |
( |
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Loss for the financial year |
( |
( |
The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
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Page 3 |
TIPPERARY REALTY LIMITED
Statement of Comprehensive Income for the Year Ended 31 March 2017
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2017 |
2016 |
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Loss for the year |
( |
( |
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Total comprehensive income for the year |
( |
( |
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Page 4 |
TIPPERARY REALTY LIMITED
(Registration number: 02777461)
Balance Sheet as at 31 March 2017
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Note |
2017 |
2016 |
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Fixed assets |
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Investment property |
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Creditors: Amounts falling due within one year |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
( |
( |
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Total equity |
( |
( |
For the financial year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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• |
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• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Page 5 |
TIPPERARY REALTY LIMITED
Statement of Changes in Equity for the Year Ended 31 March 2017
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Share capital |
Profit and loss account |
Total |
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At 1 April 2016 |
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( |
( |
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Loss for the year |
- |
( |
( |
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Total comprehensive income |
- |
( |
( |
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At 31 March 2017 |
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( |
( |
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Share capital |
Profit and loss account |
Total |
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At 1 April 2015 |
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( |
( |
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Loss for the year |
- |
( |
( |
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Total comprehensive income |
- |
( |
( |
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At 31 March 2016 |
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( |
( |
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Page 6 |
TIPPERARY REALTY LIMITED
Notes to the Financial Statements for the Year Ended 31 March 2017
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General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
England
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Investment property
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
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Page 7 |
TIPPERARY REALTY LIMITED
Notes to the Financial Statements for the Year Ended 31 March 2017
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Investment properties |
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2017 |
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At 1 April |
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There has been no valuation of investment property by an independent valuer.
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Creditors |
Creditors: amounts falling due within one year
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2017 |
2016 |
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Due within one year |
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Accruals and deferred income |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
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2017 |
2016 |
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No. |
€ |
No. |
€ |
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12,900.00 |
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12,900.00 |
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Related party transactions |
Loans from related parties
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2017 |
Other related parties |
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At start of period |
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Advanced |
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At end of period |
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2016 |
Other related parties |
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At start of period |
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Advanced |
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At end of period |
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Page 8 |
TIPPERARY REALTY LIMITED
Detailed Profit and Loss Account for the Year Ended 31 March 2017
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2017 |
2016 |
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Turnover (analysed below) |
- |
- |
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Administrative expenses |
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General administrative expenses (analysed below) |
(766) |
(7,836) |
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Operating loss |
(766) |
(7,836) |
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Loss before tax |
(766) |
(7,836) |
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Page 9 |
TIPPERARY REALTY LIMITED
Detailed Profit and Loss Account for the Year Ended 31 March 2017
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2017 |
2016 |
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General administrative expenses |
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Accountancy fees |
(766) |
(836) |
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Management fees |
- |
(7,000) |
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(766) |
(7,836) |
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Page 10 |