| Ersin Development Limited |
| Registered number: |
09657842 |
| Balance Sheet |
| as at 30 June 2017 |
|
| Notes |
|
|
2017 |
|
|
2016 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
- |
|
|
90,322 |
|
| Current assets |
| Cash at bank and in hand |
|
|
86,990 |
|
|
- |
|
| Creditors: amounts falling due within one year |
3 |
|
(90,942) |
|
|
(90,222) |
|
| Net current liabilities |
|
|
|
(3,952) |
|
|
(90,222) |
|
| Net (liabilities)/assets |
|
|
|
(3,952) |
|
|
100 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(4,052) |
|
|
- |
|
| Shareholder's funds |
|
|
|
(3,952) |
|
|
100 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Fida Hussain Asghar Raja |
| Director |
| Approved by the board on 28 March 2018 |
|
| Ersin Development Limited |
| Notes to the Accounts |
| for the year ended 30 June 2017 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 July 2016 |
90,322 |
|
Disposals |
(90,322) |
|
At 30 June 2017 |
- |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 June 2017 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2017 |
- |
|
At 30 June 2016 |
90,322 |
|
|
| 3 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Other creditors |
90,942 |
|
90,222 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Related party transactions |
|
|
Include in Other creditors is loan from director of £90,222 to the company. |
|
|
| 5 |
Controlling party |
|
|
Mohsin Ali Asghar Raja is the ultimate controlling party. |
|
|
| 6 |
Other information |
|
|
Ersin Development Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
67-71 Cranbrook Road |
|
Ilford |
|
Essex |
|
IG1 4PG |
