for the Period Ended 31 August 2020
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 August 2020
Principal activities of the company
Political and charitable donations
Additional information
During the year ended 31 August 2017, the entire mortgage portfolio held by the company was transferred to its parent Society. The transfer of the mortgages was deemed a settlement of the intercompany liability the company had to the Society.The Directors do not intend to wind up the company, preferring to maintain the company in its present position allowing for the potential of future mortgage book acquisitions. As at 31 August 2020 there are no future mortgage book acquisitions planned.
Directors
The directors shown below have held office during the whole of the period from
1 September 2019 to 31 August 2020
The director shown below has held office during the period of
1 September 2019 to 31 December 2019
The director shown below has held office during the period of
1 January 2020 to 31 August 2020
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2020 | 2019 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | | |
Gross profit(or loss): | | |
Distribution costs: | | |
Administrative expenses: | | |
Other operating income: | | |
Operating profit(or loss): | | |
Interest receivable and similar income: | | |
Interest payable and similar charges: | | |
Profit(or loss) before tax: | | |
Tax: | | |
Profit(or loss) for the financial year: | | |
As at
Notes | 2020 | 2019 | |
---|---|---|---|
| £ | £ | |
Current assets | |||
Cash at bank and in hand: | | | |
Total current assets: | | | |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Profit and loss account: | | | |
Total Shareholders' funds: | | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 August 2020
Basis of measurement and preparation
for the Period Ended 31 August 2020
2020 | 2019 | |
---|---|---|
Average number of employees during the period | | |