for the Period Ended 31 December 2017
Balance sheet | |
Notes |
As at
Notes | 2017 | 2016 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Investments: | 4 | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | | | |
Debtors: | | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | ( | ( | |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | ( | ( | |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Revaluation reserve: | 5 |
|
|
Profit and loss account: | | | |
Shareholders funds: | | |
The notes form part of these financial statements
The directors have chosen to not file a copy of the company’s profit & loss account.
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 December 2017
for the Period Ended 31 December 2017
2017 | 2016 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 December 2017
Total | |
---|---|
Cost | £ |
At 01 January 2017 | |
Additions | |
At 31 December 2017 | |
Depreciation | |
At 01 January 2017 | |
Charge for year | |
At 31 December 2017 | |
Net book value | |
At 31 December 2017 | |
At 31 December 2016 | |
for the Period Ended 31 December 2017
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.The company holds 51% of the ordinary share capital of Westcombe Hill Investments Limited which develops and rents properties. The aggregate share capital and reserves of Westcombe Hill Investments Limited as at 30th April 2017 was £308,547 ( 2016 - £118,367 ) and the profit for the year ended on that date was £237,725. ( 2016 - Loss £18,533 )
for the Period Ended 31 December 2017
2017 | |
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£ | |
Balance at 01 January 2017 |
|
Surplus or deficit after revaluation |
|
Balance at 31 December 2017 |
|
for the Period Ended 31 December 2017