XWR 1 Limited - Accounts to registrar (filleted) - small 18.1
XWR 1 Limited - Accounts to registrar (filleted) - small 18.1
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period |
| 12 September 2016 to 31 December 2017 |
| for |
| XWR 1 Limited |
| XWR 1 Limited (Registered number: 10370818) |
| Contents of the Financial Statements |
| for the Period 12 September 2016 to 31 December 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| XWR 1 Limited |
| Company Information |
| for the Period 12 September 2016 to 31 December 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| BUSINESS ADDRESS: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| The Mills |
| Canal Street |
| Derby |
| DE1 2RJ |
| XWR 1 Limited (Registered number: 10370818) |
| Balance Sheet |
| 31 December 2017 |
| Notes | £ | £ |
| FIXED ASSETS |
| Investment property | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT 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. |
| In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
| The financial statements were approved by the Board of Directors on behalf by: |
| XWR 1 Limited (Registered number: 10370818) |
| Notes to the Financial Statements |
| for the Period 12 September 2016 to 31 December 2017 |
| 1. | STATUTORY INFORMATION |
| XWR 1 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 represents amounts invoiced during the period for rent receivable on investment properties. |
| Rental income is accounted for in the period in which the property is rented. |
| Investment property |
| Investment property is not depreciated but is revalued annually at its market value in accordance with |
| Section 1A "Small Entities' of Financial Reporting Standard 102. Any aggregate surplus or deficit |
| arising from changes in fair value is recognised in the profit and loss account and transferred to a fair |
| value reserve. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| Additions |
| Disposals | ( |
) |
| At 31 December 2017 |
| NET BOOK VALUE |
| At 31 December 2017 |
| Fair value at 31 December 2017 is represented by: |
| £ |
| Valuation in 2017 | 716,216 |
| If the investment property had not been revalued it would have been included at the following historical |
| cost: |
| £ |
| Cost | 716,216 |
| Aggregate depreciation | (1,400 | ) |
| Investment property was valued on a fair value basis on 31 December 2017 by the directors . |
| XWR 1 Limited (Registered number: 10370818) |
| Notes to the Financial Statements - continued |
| for the Period 12 September 2016 to 31 December 2017 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Amounts owed by group undertakings |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Amounts owed to group undertakings |
| Amounts owed to related parties | 24,000 |
| Tax |
| Other creditors |
| Accruals and deferred income |