TPS CLAPHAM LIMITED 30/04/2018 iXBRL
TPS CLAPHAM LIMITED 30/04/2018 iXBRL
Unaudited filleted financial statements
Company registration number
08983254
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Directors and other information
Directors |
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(Resigned 23 August 2017) | ||
Company number |
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Registered office |
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Accountants |
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4 Bloors Lane | |||
Rainham | |||
Gillingham | |||
Kent | |||
Statement of financial position
30 April 2018
2018 | 2017 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 4 |
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_______ | _______ | ||||||||
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Current assets | |||||||||
Cash at bank and in hand |
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_______ | _______ | ||||||||
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Creditors: amounts falling due | |||||||||
within one year | 5 |
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_______ | _______ | ||||||||
Net current liabilities |
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_______ | _______ | ||||||||
Total assets less current liabilities |
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Creditors: amounts falling due | |||||||||
after more than one year | 6 |
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_______ | _______ | ||||||||
Net assets |
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_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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_______ | _______ | ||||||||
Shareholders funds |
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_______ | _______ | ||||||||
Directors responsibilities:
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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;
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The directors acknowledge 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
28 January 2019
, and are signed on behalf of the board by:
Director
Company registration number:
08983254
Notes to the financial statements
Year ended 30 April 2018
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 4 Bloors Lane, Rainham, Gillingham, Kent, ME8 7EG.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
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 | - |
Investment properties are depreciated on a straight line over
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Investment property
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
4.
Tangible assets
Freehold property | Total | ||
£ | £ | ||
Cost | |||
At 1 May 2017 and 30 April 2018 |
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Depreciation | |||
At 1 May 2017 and 30 April 2018 | - | - | |
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Carrying amount | |||
At 30 April 2018 |
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_______ | _______ | ||
At 30 April 2017 |
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_______ | _______ | ||
Investment property
Included within the above is investment property as follows:
£ | ||
At 1 May 2017 and 30 April 2018 |
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_______ | ||
5.
Creditors: amounts falling due within one year
2018 | 2017 | |||
£ | £ | |||
Bank loans and overdrafts |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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6.
Creditors: amounts falling due after more than one year
2018 | 2017 | |||
£ | £ | |||
Bank loans and overdrafts |
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_______ | _______ | |||
7.
Directors advances, credits and guarantees
Balance brought forward and o/standing | Balance brought forward and o/standing | ||
2018 | 2017 | ||
£ | £ | ||
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_______ | _______ | ||
At the balance sheet date the company owes the above amount to
Mr D T Hardwick
. This balance is interest free, unsecured and has no fixed repayment schedule.
8.
Related party transactions
During the year the company entered into the following transactions with related parties:
Transaction value | Balance owed by/(to) | ||||
2018 | 2017 | 2018 | 2017 | ||
£ | £ | £ | £ | ||
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_______ | _______ | _______ | _______ | ||
9.
Controlling party
The company is controlled by
Mr & Mrs D Hardwick.