Run Developments Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09793513 (England and Wales)

Unaudited Financial Statements

for the Period 1 October 2017 to 31 July 2018

for

Run Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M A Flynn

A S Potts

REGISTERED OFFICE:

Tower Barn

Archer Street

Bishop Norton

Market Rasen

Lincolnshire

LN8 2BG

REGISTERED NUMBER:

09793513 (England and Wales)

CURRENT ASSETS

Debtors

4

18,124

814

Cash at bank

3,661

258,743

21,785

259,557

CREDITORS

Amounts falling due within one year

5

1,250

237,302

NET CURRENT ASSETS

20,535

22,255

TOTAL ASSETS LESS CURRENT LIABILITIES

20,535

22,255

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

20,533

22,253

20,535

22,255

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2018 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 12 December 2018 and were signed on its behalf by:

M A Flynn - Director

A S Potts - Director

1.	STATUTORY INFORMATION

Run 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2017 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.18

30.9.17

£

£

Other debtors

18,124

814

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.18

30.9.17

£

£

Trade creditors

-

120,000

Taxation and social security

-

5,751

Other creditors

1,250

111,551

1,250

237,302

6.	RELATED PARTY DISCLOSURES

During the year the company had the following related party transaction:

2018

2017

Purchases

Nil

£919,910

Balances owing to related parties

Nil

£120,000

Balances owed from related parties

£17,780

Nil

The related parties is a company which is under the common control of the directors.

7.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors, who own 100% of the issued share capital.