Totley Grove Estates Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08506938 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2016 TO 30 JUNE 2017

FOR

TOTLEY GROVE ESTATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs N Waugh

REGISTERED OFFICE:

Grove House

Hillfoot Road

Totley

Sheffield

S17 3AX

REGISTERED NUMBER:

08506938 (England and Wales)

ACCOUNTANTS:

Booth Lynch & Co Limited

4 The Dell

Woodlaithes Village

Rotherham

S66 3ZQ

FIXED ASSETS

Tangible assets

4

281,712

282,450

CURRENT ASSETS

Cash at bank

1,079

1,779

CREDITORS

Amounts falling due within one year

5

158,373

159,073

NET CURRENT LIABILITIES

(157,294

)

(157,294

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

124,418

125,156

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

124,417

125,155

SHAREHOLDERS' FUNDS

124,418

125,156

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 1 February 2018 and were signed by:

Mrs N Waugh - Director

1.	STATUTORY INFORMATION

Totley Grove Estates 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.

Tangible fixed assets

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

Freehold property

-

not provided

Fixtures and fittings

-

15% on reducing balance

Taxation

Taxation for the period 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 period 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 period was 1 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

COST

At 1 May 2016

and 30 June 2017

277,528

6,811

284,339

DEPRECIATION

At 1 May 2016

-

1,889

Charge for period

-

738

At 30 June 2017

-

2,627

NET BOOK VALUE

At 30 June 2017

277,528

4,184

281,712

At 30 April 2016

277,528

4,922

282,450

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.4.16

£

Taxation and social security

65

Other creditors

158,308

159,008

158,373

159,073

6.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.17

30.4.16

£

Other loans

-

96,000

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs N Waugh.

Totley Grove Estates Limited - Accounts to registrar (filleted) - small 17.3

Totley Grove Estates Limited - Accounts to registrar (filleted) - small 17.3