Company Registration No. 03547230 (England and Wales)
York Properties Limited
Unaudited accounts
for the year ended 31 March 2017
York Properties Limited
Unaudited accounts
Contents
York Properties Limited
Company Information
for the year ended 31 March 2017
Directors
D G Gordon
M E Gordon
S D Gordon
Company Number
03547230 (England and Wales)
Registered Office
Oakfield House
Shirleys
Ditchling
East Sussex
BN6 8UD
England
York Properties Limited
Statement of financial position
as at
31 March 2017
Tangible assets
2,949,982
2,953,416
Cash at bank and in hand
88,751
304,031
Creditors: amounts falling due within one year
(11,136)
(23,229)
Net current assets
352,615
430,802
Total assets less current liabilities
3,302,611
3,384,232
Creditors: amounts falling due after more than one year
(1,912,962)
(2,044,471)
Net assets
1,389,649
1,339,761
Called up share capital
146
146
Revaluation reserve
64,076
64,076
Profit and loss account
1,325,427
1,275,539
Shareholders' funds
1,389,649
1,339,761
For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 26 April 2017.
D G Gordon
Director
Company Registration No. 03547230
York Properties Limited
Notes to the Accounts
for the year ended 31 March 2017
York Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 03547230. The registered office and principal place of business is Oakfield House, Shirleys, Ditchling, East Sussex, BN6 8UD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Other
York Properties Limited
Notes to the Accounts
for the year ended 31 March 2017
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2016
2,948,094
9,264
2,957,358
At 31 March 2017
2,948,894
9,935
2,958,829
At 1 April 2016
-
3,942
3,942
Charge for the year
-
4,905
4,905
At 31 March 2017
-
8,847
8,847
At 31 March 2017
2,948,894
1,088
2,949,982
At 31 March 2016
2,948,094
5,322
2,953,416
Amounts due from group undertakings etc.
275,000
150,000
7
Creditors: amounts falling due within one year
2017
2016
Other creditors
11,136
23,229
8
Creditors: amounts falling due after more than one year
2017
2016
Other creditors
1,912,962
2,044,471
9
Share capital
2017
2016
Allotted, called up and fully paid:
146 Ordinary shares of £1 each
146
146
10
Average number of employees
During the year the average number of employees was 0 (2016: 0).