REGISTERED NUMBER: |
GOITRE TOWER |
ANTHRACITE LIMITED |
FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JULY 2021 TO 29 JUNE 2022 |
REGISTERED NUMBER: |
GOITRE TOWER |
ANTHRACITE LIMITED |
FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JULY 2021 TO 29 JUNE 2022 |
GOITRE TOWER |
ANTHRACITE LIMITED (REGISTERED NUMBER: 02984129) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JULY 2021 TO 29 JUNE 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 | to | 5 |
GOITRE TOWER |
ANTHRACITE LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 1 JULY 2021 TO 29 JUNE 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Chartered Accountants and Statutory Auditor |
Swansea, United Kingdom |
AUDITORS OFFICE: |
Swansea Enterprise Park |
Swansea |
SA7 9FG |
GOITRE TOWER |
ANTHRACITE LIMITED (REGISTERED NUMBER: 02984129) |
BALANCE SHEET |
29 JUNE 2022 |
2022 | 2021 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Share premium | 6 |
Retained earnings | 6 | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
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 and authorised for issue on |
GOITRE TOWER |
ANTHRACITE LIMITED (REGISTERED NUMBER: 02984129) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JULY 2021 TO 29 JUNE 2022 |
1. | STATUTORY INFORMATION |
Goitre Tower Anthracite Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
Monetary amounts in these financial statements are rounded to the nearest £. |
2. | ACCOUNTING POLICIES |
Basis of preparation of the financial statements |
The particular accounting policies adopted, which have been applied consistently throughout the current and the prior financial year, are described below. |
Preparation of consolidated financial statements |
The financial statements contain information about Goitre Tower Anthracite Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
Investments in subsidiaries |
Investments in subsidiaries and joint-ventures are recognised at cost less impairment. |
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 |
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. |
GOITRE TOWER |
ANTHRACITE LIMITED (REGISTERED NUMBER: 02984129) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 JULY 2021 TO 29 JUNE 2022 |
2. | ACCOUNTING POLICIES - continued |
Going concern |
In preparing the financial statements, the directors have considered the current financial position of the company and the likely future cash flows. |
The company had a cash at bank balance £28,023 at the balance sheet date. |
After making appropriate enquiries, the directors have a reasonable expectation that the company will have access to adequate resources to continue in existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2021 - NIL). |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 1 July 2021 |
and 29 June 2022 |
NET BOOK VALUE |
At 29 June 2022 |
At 30 June 2021 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Amounts owed by group undertakings | 774,787 | 774,787 |
6. | RESERVES |
Retained | Share |
earnings | premium | Totals |
£ | £ | £ |
At 1 July 2021 | ( |
) | (1,359,189 | ) |
Profit for the period |
At 29 June 2022 | ( |
) | (1,359,189 | ) |
7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
GOITRE TOWER |
ANTHRACITE LIMITED (REGISTERED NUMBER: 02984129) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 JULY 2021 TO 29 JUNE 2022 |
8. | RELATED PARTY DISCLOSURES |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
9. | ULTIMATE CONTROLLING PARTY |
There is no single controlling party. |