Abode Invests Limited 30/09/2018 iXBRL
Abode Invests Limited 30/09/2018 iXBRL
Company registration number:
10383084
Unaudited filleted financial statements
Contents
Statement of financial position
Notes to the financial statements
Statement of financial position
30 September 2018
30/09/18 | 30/09/17 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 | - |
|
||||||
_______ | _______ | ||||||||
- |
|
||||||||
Current assets | |||||||||
Debtors | 6 |
|
|
||||||
Cash at bank and in hand |
|
|
|||||||
_______ | _______ | ||||||||
|
|
||||||||
Creditors: amounts falling due | |||||||||
within one year | 7 |
(
|
(
|
||||||
_______ | _______ | ||||||||
Net current liabilities |
(
|
(
|
|||||||
_______ | _______ | ||||||||
Total assets less current liabilities |
(
|
(
|
|||||||
_______ | _______ | ||||||||
Net liabilities |
(
|
(
|
|||||||
_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital |
|
|
|||||||
Revaluation reserve | - |
|
|||||||
Profit and loss account |
(
|
(
|
|||||||
_______ | _______ | ||||||||
Shareholders deficit |
(
|
(
|
|||||||
_______ | _______ | ||||||||
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
30 November 2018
, and are signed on behalf of the board by:
Director
Company registration number:
10383084
Notes to the financial statements
Year ended 30 September 2018
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is c/o Springwell Easylet,, 6 Blenheim Walk,, Leeds, LS2 9AQ.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Taxation
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold property | - |
|
|
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
4.
Staff costs
The average number of persons employed by the company during the year amounted to
1
(2017:
1
).
5.
Tangible assets
Freehold property | Total | ||
£ | £ | ||
Cost or valuation | |||
At 1 October 2017 |
|
|
|
Additions | 950 | 950 | |
Disposals |
(
|
(
|
|
Revaluation |
|
|
|
_______ | _______ | ||
At 30 September 2018 |
|
|
|
_______ | _______ | ||
Depreciation | |||
At 1 October 2017 | - | - | |
Revaluations |
|
|
|
_______ | _______ | ||
At 30 September 2018 |
|
|
|
_______ | _______ | ||
Carrying amount | |||
At 30 September 2018 | - | - | |
_______ | _______ | ||
At 30 September 2017 |
|
94,956 | |
_______ | _______ | ||
6.
Debtors
30/09/18 | 30/09/17 | |||
£ | £ | |||
Other debtors |
|
|
||
_______ | _______ | |||
7.
Creditors: amounts falling due within one year
30/09/18 | 30/09/17 | |||
£ | £ | |||
Trade creditors | - |
|
||
Other creditors |
|
|
||
_______ | _______ | |||
|
|
|||
_______ | _______ | |||