New Station Developments Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 01596510 (England and Wales)

Financial Statements

for the Year Ended 30 June 2017

for

New Station Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S T Davis

Mrs M Davis

REGISTERED OFFICE:

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

REGISTERED NUMBER:

01596510 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Tangible assets

4

1,696,825

1,704,483

Investments

5

101

101

1,696,926

1,704,584

CURRENT ASSETS

Debtors

6

514,095

668,018

Cash at bank

60,467

-

574,562

668,018

CREDITORS

Amounts falling due within one year

7

502,475

595,119

NET CURRENT ASSETS

72,087

72,899

TOTAL ASSETS LESS CURRENT LIABILITIES

1,769,013

1,777,483

CREDITORS

Amounts falling due after more than one year

8

1,272,280

1,473,266

NET ASSETS

496,733

304,217

CAPITAL AND RESERVES

Called up share capital

5,600

5,600

Revaluation reserve

9

15,650

15,650

Retained earnings

475,483

282,967

SHAREHOLDERS' FUNDS

496,733

304,217

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 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 1 June 2018 and were signed on its behalf by:

S T Davis - Director

1.	STATUTORY INFORMATION

New Station Developments 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.

Tangible fixed assets

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

Land and buildings

-

Not provided

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Pension costs

The Company operates a defined contribution pension scheme. The assets of the scheme are held

separately from those of the company in an independently administered fund. The pension cost charge

represents contributions payable by the company to the fund.

Freehold property

The company has not depreciated it's freehold property in accordance with accounting standards. It is

the company's policy to maintain it's property in a continual state of sound repair and so any

depreciation would be immaterial. Provision will be made should any permanent diminution in value

occur.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 July 2016

and 30 June 2017

1,654,986

269,793

1,924,779

DEPRECIATION

At 1 July 2016

-

220,296

220,296

Charge for year

-

7,658

7,658

At 30 June 2017

-

227,954

227,954

NET BOOK VALUE

At 30 June 2017

1,654,986

41,839

1,696,825

At 30 June 2016

1,654,986

49,497

1,704,483

Cost or valuation at 30 June 2017 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 1995

15,650

-

15,650

Cost

1,639,336

269,793

1,909,129

1,654,986

269,793

1,924,779

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

30.6.17

30.6.16

£

£

Cost

1,545,372

1,545,372

Value of land in freehold land and buildings

125,000

125,000

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 July 2016

and 30 June 2017

101

NET BOOK VALUE

At 30 June 2017

101

At 30 June 2016

101

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

£

Trade debtors

36,908

59,639

Other debtors

477,187

608,379

514,095

668,018

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

£

Trade creditors

50,407

202,030

Other creditors

452,068

393,089

502,475

595,119

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.17

30.6.16

£

£

Other creditors

1,272,280

1,473,266

9.

RESERVES

Revaluation

reserve

£

At 1 July 2016

and 30 June 2017

15,650