|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2018 |
|
FOR |
|
J. & D. MACKINTOSH (INVESTMENTS) LIMITED |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2018 |
|
FOR |
|
J. & D. MACKINTOSH (INVESTMENTS) LIMITED |
J. & D. MACKINTOSH (INVESTMENTS) LIMITED (REGISTERED NUMBER: 01136717) |
|
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2018 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
J. & D. MACKINTOSH (INVESTMENTS) LIMITED |
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 APRIL 2018 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
St James's House |
8 Overcliffe |
Gravesend |
Kent |
DA11 0HJ |
J. & D. MACKINTOSH (INVESTMENTS) LIMITED (REGISTERED NUMBER: 01136717) |
|
BALANCE SHEET |
30 APRIL 2018 |
|
2018 | 2017 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 3 |
|
|
|
CURRENT ASSETS |
Debtors | 4 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 5 |
|
|
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one
year |
6 |
( |
) |
( |
) |
|
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 7 |
|
|
Fair value reserve | 8 |
|
|
Retained earnings |
|
|
|
|
|
|
|
|
|
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. |
|
|
|
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
|
|
|
|
|
|
J. & D. MACKINTOSH (INVESTMENTS) LIMITED (REGISTERED NUMBER: 01136717) |
|
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2018 |
|
|
1. | STATUTORY INFORMATION |
|
J. & D. Mackintosh (Investments) 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 gross rents receivable. |
|
Tangible fixed assets and investment properties |
|
Plant and machinery etc | - |
|
|
Freehold investment properties are revalued annually. Surpluses or deficits on revaluations are transferred to the |
investment property revaluation reserve. |
|
Depreciation is not provided in respect of freehold investment properties. This represents a departure from the |
provisions of the Companies Act 2006, but the directors consider that this is necessary to give a true and fair |
view. The company believes that a policy of regular repair and maintenance ensures that the estimated residual |
values of its properties at the balance sheet date are maintained at levels not materially different from the |
carrying amount of the assets. As such, no depreciation charge is made on the grounds that any such charge |
would be immaterial. |
|
Taxation |
Taxation for the year 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 year 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. |
J. & D. MACKINTOSH (INVESTMENTS) LIMITED (REGISTERED NUMBER: 01136717) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 APRIL 2018 |
|
|
3. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST OR VALUATION |
At 1 May 2017 |
|
|
|
Disposals | ( |
) |
|
( |
) |
At 30 April 2018 |
|
|
|
DEPRECIATION |
At 1 May 2017 |
and 30 April 2018 |
|
|
|
NET BOOK VALUE |
At 30 April 2018 |
|
|
|
At 30 April 2017 |
|
|
|
|
Cost or valuation at 30 April 2018 is represented by: |
|
Land and |
buildings |
£ |
Valuation in 2017 | 985,073 |
Cost | 1,039,927 |
2,025,000 |
|
If freehold properties had not been revalued they would have been included at the following historical cost: |
|
2018 | 2017 |
£ | £ |
Cost | 1,039,927 | 1,587,230 |
|
Freehold property was valued on a fair value basis on 30 April 2018 by the directors of the company . |
|
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Other debtors |
|
|
|
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Bank loans and overdrafts |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2018 | 2017 |
£ | £ |
Bank loans |
|
|
J. & D. MACKINTOSH (INVESTMENTS) LIMITED (REGISTERED NUMBER: 01136717) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 APRIL 2018 |
|
|
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued |
2018 | 2017 |
£ | £ |
Amounts falling due in more than five years: |
|
Repayable otherwise than by instalments |
Bank loans |
|
|
|
Repayable by instalments |
Bank loans | - | 32,937 |
|
7. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal value: | 2018 | 2017 |
£ | £ |
500 | Ordinary A | £1 | 500 | 500 |
150 | Ordinary B | £1 | 150 | 150 |
150 | Ordinary C | £1 | 150 | 150 |
350 | Ordinary D | £1 | 350 | 350 |
350 | Ordinary E | £1 | 350 | 350 |
1,500 | 1,500 |
|
8. | RESERVES |
Fair |
value |
reserve |
£ |
At 1 May 2017 |
|
Transfer between reserves | (89,460 | ) |
|
At 30 April 2018 |
|