|
|
|
|
Financial Statements
|
Contents
|
Pages
|
Statement of Financial Position
|
1 to 2
|
Statement of Changes in Equity
|
3
|
Notes to the Financial Statements
|
4 to 8
|
|
Statement of Financial Position
|
2017
|
2016
|
|||
Note
|
£
|
£
|
£
|
£
|
Tangible assets
|
5
|
|
|
||
Investments
|
6
|
|
|
||
------------
|
------------
|
||||
|
|
||||
Debtors
|
7
|
|
|
||
Cash at bank and in hand
|
|
|
|||
---------
|
------------
|
||||
|
|
||||
Creditors: amounts falling due within one year
|
8
|
(
|
(
|
||
---------
|
------------
|
||||
Net Current Assets
|
|
|
|||
------------
|
------------
|
||||
Total Assets Less Current Liabilities
|
|
|
|||
Taxation including deferred tax
|
(
|
(
|
||
------------
|
------------
|
|||
Net Assets
|
|
|
||
------------
|
------------
|
|||
Called up share capital
|
|
|
|||
Share premium account
|
10
|
|
|
||
Revaluation reserve
|
10
|
–
|
|
||
Capital redemption reserve
|
10
|
|
|
||
Profit and loss account
|
10
|
|
|
||
------------
|
------------
|
||||
Shareholders Funds
|
|
|
|||
------------
|
------------
|
||||
|
Statement of Financial Position (continued)
|
|
Director
|
|
Statement of Changes in Equity
|
Called up share capital
|
Share premium account
|
Revaluation reserve
|
Capital redemption reserve
|
Profit and loss account
|
Total
|
|
£
|
£
|
£
|
£
|
£
|
£
|
|
At 1 May 2015
|
|
|
|
–
|
|
|
|
Profit for the year
|
|
|
|||||
Other comprehensive income for the year:
|
|||||||
Reclassification from revaluation reserve to profit and loss account
|
–
|
–
|
(365,250)
|
–
|
365,250
|
–
|
|
-------
|
---------
|
---------
|
----
|
------------
|
------------
|
||
Total Comprehensive Income for the Year
|
–
|
–
|
(
|
–
|
|
|
|
Dividends paid and payable
|
–
|
–
|
–
|
–
|
(
|
(
|
|
Redemption of shares
|
(
|
–
|
–
|
|
(
|
(
|
|
-------
|
---------
|
---------
|
-------
|
------------
|
------------
|
||
Total Investments by and Distributions to Owners
|
(
|
–
|
–
|
|
(
|
(
|
|
At 30 April 2016
|
|
|
|
|
|
|
|
Profit for the year
|
|
|
|||||
Other comprehensive income for the year:
|
|||||||
Reclassification from revaluation reserve to profit and loss account
|
–
|
–
|
(160,833)
|
–
|
160,833
|
–
|
|
-------
|
---------
|
---------
|
-------
|
------------
|
------------
|
||
Total Comprehensive Income for the Year
|
–
|
–
|
(
|
–
|
|
|
|
-------
|
---------
|
---------
|
-------
|
------------
|
------------
|
||
At 30 April 2017
|
|
|
–
|
|
|
|
|
-------
|
---------
|
---------
|
-------
|
------------
|
------------
|
||
|
Notes to the Financial Statements
|
Fixtures and fittings
|
-
|
|
|
Investment properties
|
Fixtures and fittings
|
Total
|
|
£
|
£
|
£
|
|
Cost
|
|||
At 1 May 2016
|
|
–
|
|
Additions
|
|
|
|
Disposals
|
(
|
–
|
(
|
------------
|
--------
|
------------
|
|
At 30 April 2017
|
|
|
|
------------
|
--------
|
------------
|
|
Depreciation
|
|||
At 1 May 2016
|
–
|
–
|
–
|
Charge for the year
|
–
|
|
|
------------
|
--------
|
------------
|
|
At 30 April 2017
|
–
|
|
|
------------
|
--------
|
------------
|
|
Carrying amount
|
|||
At 30 April 2017
|
|
|
|
------------
|
--------
|
------------
|
|
At 30 April 2016
|
|
–
|
|
------------
|
--------
|
------------
|
|
Shares in participating interests
|
Other listed investments
|
Total
|
|
£
|
£
|
£
|
|
Cost
|
|||
At 1 May 2016
|
–
|
|
|
Additions
|
|
|
|
Revaluations
|
–
|
|
|
---------
|
------------
|
------------
|
|
At 30 April 2017
|
|
|
|
---------
|
------------
|
------------
|
|
Impairment
|
|||
At 1 May 2016 and 30 April 2017
|
–
|
–
|
–
|
---------
|
------------
|
------------
|
|
Carrying amount
|
|||
At 30 April 2017
|
|
|
|
---------
|
------------
|
------------
|
|
At 30 April 2016
|
–
|
|
|
---------
|
------------
|
------------
|
|
2017
|
2016
|
|
£
|
£
|
|
Trade debtors
|
–
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest
|
|
–
|
Other debtors
|
|
|
---------
|
---------
|
|
|
|
|
---------
|
---------
|
|
2017
|
2016
|
|
£
|
£
|
|
Other debtors
|
|
|
---------
|
---------
|
|
2017
|
2016
|
|
£
|
£
|
|
Trade creditors
|
|
–
|
Corporation tax
|
|
|
Other loans
|
130,000
|
220,001
|
Other creditors
|
|
|
---------
|
---------
|
|
|
|
|
---------
|
---------
|
|
2017
|
2016
|
|
£
|
£
|
|
Included in provisions
|
|
|
--------
|
--------
|
|
2017
|
2016
|
|
£
|
£
|
|
Fair value adjustment of financial assets
|
|
|
--------
|
--------
|
|
1 May 2015
|
30 April 2016
|
|||||
As previously stated
|
Effect of transition
|
FRS 102 (as restated)
|
As previously stated
|
Effect of transition
|
FRS 102 (as restated)
|
|
£
|
£
|
£
|
£
|
£
|
£
|
|
Fixed assets
|
|
|
|
|
|
|
Current assets
|
|
–
|
|
|
–
|
|
Creditors: amounts falling due within one year
|
(
|
–
|
(
|
(
|
–
|
(
|
------------
|
---------
|
------------
|
------------
|
---------
|
------------
|
|
Net current assets
|
|
–
|
|
|
–
|
|
------------
|
---------
|
------------
|
------------
|
---------
|
------------
|
|
Total assets less current liabilities
|
|
|
|
|
|
|
Provisions
|
–
|
(
|
(
|
–
|
(
|
(
|
------------
|
---------
|
------------
|
------------
|
---------
|
------------
|
|
Net assets
|
|
|
|
|
|
|
------------
|
---------
|
------------
|
------------
|
---------
|
------------
|
|
------------
|
---------
|
------------
|
------------
|
---------
|
------------
|
|
Capital and reserves
|
|
|
|
|
|
|
------------
|
---------
|
------------
|
------------
|
---------
|
------------
|
|