Taylorhobbs Properties Limited - Accounts to registrar (filleted) - small 17.3
Taylorhobbs Properties Limited - Accounts to registrar (filleted) - small 17.3
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 June 2016 to 30 September 2017 |
for |
Taylorhobbs Properties Limited |
Taylorhobbs Properties Limited (Registered number: 09578519) |
Contents of the Financial Statements |
for the Period 1 June 2016 to 30 September 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Taylorhobbs Properties Limited |
Company Information |
for the Period 1 June 2016 to 30 September 2017 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Cherry Tree Barn |
Walcot Lane |
Drakes Broughton |
Pershore |
Worcestershire |
WR10 2AL |
Taylorhobbs Properties Limited (Registered number: 09578519) |
Balance Sheet |
30 September 2017 |
30.9.17 | 31.5.16 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 3 |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
6 |
NET ASSETS/(LIABILITIES) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The directors acknowledge their 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. |
Taylorhobbs Properties Limited (Registered number: 09578519) |
Balance Sheet - continued |
30 September 2017 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on |
Taylorhobbs Properties Limited (Registered number: 09578519) |
Notes to the Financial Statements |
for the Period 1 June 2016 to 30 September 2017 |
1. | STATUTORY INFORMATION |
Taylorhobbs Properties Limited is a |
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 |
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 |
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. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 1 June 2016 |
and 30 September 2017 |
NET BOOK VALUE |
At 30 September 2017 |
At 31 May 2016 |
Taylorhobbs Properties Limited (Registered number: 09578519) |
Notes to the Financial Statements - continued |
for the Period 1 June 2016 to 30 September 2017 |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.17 | 31.5.16 |
£ | £ |
Trade debtors |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.17 | 31.5.16 |
£ | £ |
Bank loans and overdrafts |
Taxation and social security |
Other creditors |
Included in Other Creditors is an amount of £12,529 (2016 - £35,054) due to Taylorhobbs Limited. This is an |
unsecured loan and the amount is repayable within five years. Interest on the outstanding loan is payable and is |
charged on the loan at 2% above the bank base rate. |
Bank loans and overdrafts consists of a bank loan from Santander. This loan is secured against the freehold |
property. This loan is repayable within 15 years. |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
30.9.17 | 31.5.16 |
£ | £ |
Bank loans |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | 86,566 | 97,961 |
Creditors due in more than one year consists of a bank loan from Santander. This loan is secured against the |
freehold property. This loan is repayable within 15 years. |
7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the periods ended 30 September 2017 and |
31 May 2016: |
30.9.17 | 31.5.16 |
£ | £ |
Balance outstanding at start of period | ( |
) |
Amounts advanced | ( |
) |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period | ( |
) | ( |
) |
Taylorhobbs Properties Limited (Registered number: 09578519) |
Notes to the Financial Statements - continued |
for the Period 1 June 2016 to 30 September 2017 |
7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued |
Balance outstanding at start of period | ( |
) |
Amounts advanced | ( |
) |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period | ( |
) | ( |
) |
8. | RELATED PARTY TRANSACTIONS |
Taylorhobbs Limited, a Company owned by the same Directors, paid £5,600 (2016 - £2,100) during the period |
for the letting of the Company premises. |
During the year Taylorhobbs Limited loaned the Company £12,529 (2016 - £35,054). This amount is repayable |
within five years, with interest charged at a rate of 2% above the bank base rate. |