Carrickynys Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09102414 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2017

for

Carrickynys Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R E P Dowling

Ms H L Dowling

SECRETARY:

Ms H L Dowling

REGISTERED OFFICE:

20 Twyford Avenue

London

N2 9NJ

REGISTERED NUMBER:

09102414 (England and Wales)

FIXED ASSETS

Investments

4

2

Investment property

5

319,995

319,997

CURRENT ASSETS

Debtors

6

511,150

510,000

Cash at bank

13,337

15,237

524,487

525,237

CREDITORS

Amounts falling due within one year

7

802,186

802,111

NET CURRENT LIABILITIES

(277,699

)

(276,874

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

42,298

43,123

PROVISIONS FOR LIABILITIES

5,605

NET ASSETS

36,693

37,518

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

36,691

37,516

SHAREHOLDERS' FUNDS

36,693

37,518

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors on 9 May 2018 and were signed
on its behalf by:

R E P Dowling - Director

1.	STATUTORY INFORMATION

Carrickynys 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 as modified by the revaluation of certain assets.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit

arising from changes in fair value is recognised in profit or loss.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over

the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2016 - NIL).

4.	FIXED ASSET INVESTMENTS

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2017

and 31 December 2017

319,995

NET BOOK VALUE

At 31 December 2017

319,995

At 31 December 2016

319,995

Fair value at 31 December 2017 is represented by:

£

Valuation in 2015

287,024

Valuation in 2016

32,971

319,995

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

Amounts owed by group undertakings

510,000

Other debtors

1,150

-

511,150

510,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

Trade creditors

(1

)

-

Taxation and social security

2,187

2,111

Other creditors

800,000

802,186

802,111

8.	RELATED PARTY DISCLOSURES

Included in Debtors is the loan of £510,000 (2016: £510,000) receivable from the subsidiary

undertaking. It is interest free and receivable on demand.

Included in Other creditors is the loan of £800,000 (2016: £800,000) payable to the director

of the company. It is interest free and payable on demand.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is R E P Dowling.

The ultimate controlling party is R E P Dowling.

Carrickynys Limited - Accounts to registrar (filleted) - small 18.1

Carrickynys Limited - Accounts to registrar (filleted) - small 18.1