|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 30 June 2018 |
|
for |
|
C.Richards & Son (Type-Founders) Limited |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 30 June 2018 |
|
for |
|
C.Richards & Son (Type-Founders) Limited |
C.Richards & Son (Type-Founders) Limited (Registered number: 00695004) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 30 June 2018 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
C.Richards & Son (Type-Founders) Limited |
|
Company Information |
for the Year Ended 30 June 2018 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Prospect House |
2 Athenaeum Road |
London |
N20 9AE |
C.Richards & Son (Type-Founders) Limited (Registered number: 00695004) |
|
Balance Sheet |
30 June 2018 |
|
30.6.18 | 30.6.17 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
|
|
|
CURRENT ASSETS |
Debtors | 5 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 6 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one year | 7 |
|
( |
) |
|
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Other reserves |
|
|
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. |
C.Richards & Son (Type-Founders) Limited (Registered number: 00695004) |
|
Balance Sheet - continued |
30 June 2018 |
|
|
|
|
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
|
|
|
|
|
|
|
|
C.Richards & Son (Type-Founders) Limited (Registered number: 00695004) |
|
Notes to the Financial Statements |
for the Year Ended 30 June 2018 |
|
1. | STATUTORY INFORMATION |
|
C.Richards & Son (Type-Founders) Limited is a
|
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 represents rents receivable, excluding value added tax. |
|
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair |
value is recognised in profit or loss. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 July 2017 |
|
Disposals | ( |
) |
Revaluations | 998,161 |
At 30 June 2018 |
|
NET BOOK VALUE |
At 30 June 2018 |
|
At 30 June 2017 |
|
|
Fair value at 30 June 2018 is represented by: |
|
£ |
Valuation in 2002 | 636,646 |
Valuation in 2008 | 311,220 |
Valuation in 2018 | 998,161 |
Cost | 588,973 |
2,535,000 |
|
Investment property was valued on an open market basis on 30 June 2018 by the company directors . |
C.Richards & Son (Type-Founders) Limited (Registered number: 00695004) |
|
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2018 |
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.18 | 30.6.17 |
£ | £ |
Other debtors |
|
|
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.18 | 30.6.17 |
£ | £ |
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
7. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
30.6.18 | 30.6.17 |
£ | £ |
Bank loans |
|
|
|
8. | SECURED DEBTS |
|
The following secured debts are included within creditors: |
|
30.6.18 | 30.6.17 |
£ | £ |
Bank loans |
|
|
|
Bank loans are secured by a fixed charge over the company's freehold property. |
|
9. | RELATED PARTY DISCLOSURES |
|
Other debtors of £836,115 (2017-£291,165) consist of £273,879 (2017-£230,519) due from Pressfinders Ltd |
and £562,236 (2017-£60,646) due from GK Richards Properties Ltd of which companies Mr G Richards is a director |
and shareholder. |
|
10. | ULTIMATE CONTROLLING PARTY |
|
The ultimate controlling party is
|