Stuart Knowles Properties Limited - Accounts to registrar (filleted) - small 17.3

Stuart Knowles Properties Limited - Accounts to registrar (filleted) - small 17.3

STUART KNOWLES PROPERTIES LIMITED - Company Information

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REGISTERED NUMBER: 02256208















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2017

FOR

STUART KNOWLES PROPERTIES LIMITED
STUART KNOWLES PROPERTIES LIMITED (REGISTERED NUMBER: 02256208)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STUART KNOWLES PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2017







DIRECTOR: S T Knowles



SECRETARY: M Nanda



REGISTERED OFFICE: 18 Kelvin Road
Thorneywood
Nottingham
Nottinghamshire
NG3 2PR



REGISTERED NUMBER: 02256208



ACCOUNTANTS: Anderson & Co
18 Diamond Avenue
Kirkby in Ashfield
Nottinghamshire
NG17 7GR



BANKERS: Nat West Bank plc
Market Place
Loughborough
Leicestershire
LE11 3NZ
Page 1
STUART KNOWLES PROPERTIES LIMITED (REGISTERED NUMBER: 02256208)

BALANCE SHEET
30 JUNE 2017

30.6.17 30.6.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 181,003 181,201

CURRENT ASSETS
Debtors 5 355 334
Cash at bank 6,657 11,651
7,012 11,985
CREDITORS
Amounts falling due within one year 6 94,186 99,669
NET CURRENT LIABILITIES (87,174 ) (87,684 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
93,829
93,517

PROVISIONS FOR LIABILITIES 152 217
NET ASSETS 93,677 93,300

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 92,684 92,684
Retained earnings 893 516
SHAREHOLDERS' FUNDS 93,677 93,300

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 notes form part of these financial statements

Page 2 continued...
STUART KNOWLES PROPERTIES LIMITED (REGISTERED NUMBER: 02256208)

BALANCE SHEET - continued
30 JUNE 2017


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 18 March 2018 and were signed by:





S T Knowles - Director


The notes form part of these financial statements

Page 3
STUART KNOWLES PROPERTIES LIMITED (REGISTERED NUMBER: 02256208)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2017

1. STATUTORY INFORMATION

Stuart Knowles Properties Limited is a private company, limited by shares , registered in Not specified/Other.
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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

Page 4 continued...
STUART KNOWLES PROPERTIES LIMITED (REGISTERED NUMBER: 02256208)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2017

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST OR VALUATION
At 1 July 2016
and 30 June 2017 180,000 14,569 9,492 204,061
DEPRECIATION
At 1 July 2016 - 13,722 9,138 22,860
Charge for year - 127 71 198
At 30 June 2017 - 13,849 9,209 23,058
NET BOOK VALUE
At 30 June 2017 180,000 720 283 181,003
At 30 June 2016 180,000 847 354 181,201

Included in cost or valuation of land and buildings is freehold land of £ 180,000 (2016 - £ 180,000 ) which is not
depreciated.

Cost or valuation at 30 June 2017 is represented by:

Freehold
property
£   
Valuation in 2001 92,684

** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF
FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF
FREEHOLD PROPERTY

'COST' ACCOUNT TOTAL
Cost/valuation b/f 180,000
180,000

CLIENT SCREEN TOTAL = -


** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF
FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF
PLANT AND MACHINERY

'COST' ACCOUNT TOTAL
Cost/valuation b/f 14,569
14,569

CLIENT SCREEN TOTAL = -


** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF
FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

Page 5 continued...
STUART KNOWLES PROPERTIES LIMITED (REGISTERED NUMBER: 02256208)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2017

4. TANGIBLE FIXED ASSETS - continued
FIXTURES AND FITTINGS

'COST' ACCOUNT TOTAL
Cost/valuation b/f 9,492
9,492

CLIENT SCREEN TOTAL = -


If freehold property had not been revalued it would have been included at the following historical cost:

30.6.17 30.6.16
£    £   
Cost 87,316 87,316

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.17 30.6.16
£    £   
Prepayments 355 334

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.17 30.6.16
£    £   
Bank loans and overdrafts 44,325 44,325
Trade creditors - 1
Corporation tax 1,424 571
Directors' current accounts 23,150 29,396
Other Creditors & Accruals 25,287 25,376
94,186 99,669

7. ULTIMATE CONTROLLING PARTY

The controlling party is S T Knowles.

The ultimate controlling party is S T Knowles.

Page 6