Perseverance Works Freeholders Limited - Accounts to registrar (filleted) - small 18.2
Perseverance Works Freeholders Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| PERSEVERANCE WORKS FREEHOLDERS LIMITED |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2017 |
| PERSEVERANCE WORKS FREEHOLDERS LIMITED (REGISTERED NUMBER: 03859588) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 | to | 3 |
| Notes to the Financial Statements | 4 | to | 6 |
| PERSEVERANCE WORKS FREEHOLDERS LIMITED |
| Company Information |
| for the Year Ended 31 December 2017 |
| Directors: |
| Secretary: |
| Registered office: |
| Registered number: |
| Accountants: |
| Chartered Certified Accountants |
| Chartered Tax Advisers |
| Artisans' House |
| 7 Queensbridge |
| Northampton |
| Northamptonshire |
| NN4 7BF |
| PERSEVERANCE WORKS FREEHOLDERS LIMITED (REGISTERED NUMBER: 03859588) |
| Balance Sheet |
| 31 December 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium | 6 |
| Retained earnings | 6 |
| 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. |
| PERSEVERANCE WORKS FREEHOLDERS LIMITED (REGISTERED NUMBER: 03859588) |
| Balance Sheet - continued |
| 31 December 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 behalf by: |
| PERSEVERANCE WORKS FREEHOLDERS LIMITED (REGISTERED NUMBER: 03859588) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2017 |
| 1. | STATUTORY INFORMATION |
| Perseverance Works Freeholders Limited is a |
| 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 |
| 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 |
| Short leasehold | - |
| Computer equipment | - |
| Debtors and creditors receivable / payable within one year |
| Debtors and creditors with no stated interest rate and receivable or payable within one year are |
| recorded at transaction price. Any losses arising from impairment are recognised in the profit and |
| loss account. |
| PERSEVERANCE WORKS FREEHOLDERS LIMITED (REGISTERED NUMBER: 03859588) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2017 |
| 3. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | Short | and | Computer |
| property | leasehold | fittings | equipment | Totals |
| £ | £ | £ | £ | £ |
| Cost |
| At 1 January 2017 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 December 2017 |
| Depreciation |
| At 1 January 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 December 2017 |
| Net book value |
| At 31 December 2017 |
| At 31 December 2016 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Other debtors |
| VAT |
| Prepayments |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade creditors |
| Tax |
| VAT | 1,607 | - |
| Other creditors |
| Accrued expenses |
| PERSEVERANCE WORKS FREEHOLDERS LIMITED (REGISTERED NUMBER: 03859588) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2017 |
| 6. | RESERVES |
| Retained | Share |
| earnings | premium | Totals |
| £ | £ | £ |
| At 1 January 2017 | 260,189 |
| Profit for the year |
| Prior year adjustments | (6,791 | ) | - | (6,791 | ) |
| At 31 December 2017 | 262,224 |
| 7. | ULTIMATE CONTROLLING PARTY |
| There is no ultimate controlling party of the company as each individual shareholders has a less than |
| 3% interest in the company. Day to day operations are controlled by the Board of Directors who are |
| appointed by the shareholders. |