Company Registration No. 5091383 (England and Wales)
THE TANNERY CHICHESTER (FREEHOLD) LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018
THE TANNERY CHICHESTER (FREEHOLD) LIMITED
COMPANY INFORMATION
Directors
Miss J M Carter
Dr J C Halfpenny
Mrs M Dowling
Secretary
KTS Estate Management Limited
Company number
5091383
Registered office
2 Park Farm
Chichester Road
Arundel
West Sussex
BN18 0AG
Accountants
Jones Avens Limited
Piper House
4 Dukes Court
Bognor Road
Chichester
West Sussex
PO19 8FX
THE TANNERY CHICHESTER (FREEHOLD) LIMITED
CONTENTS
Page
Directors' report
1
Balance sheet
2
Notes to the financial statements
3 - 4
THE TANNERY CHICHESTER (FREEHOLD) LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2018
- 1 -
The directors present their annual report and financial statements for the year ended 31 December 2018.
The company is dormant and has not traded during the year.
Principal activities
The principal activity of the company was to acquire and hold the freehold of flats in The Tannery, Chichester.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
Miss J M Carter
Dr J C Halfpenny
Mrs M Dowling
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
On behalf of the board
Dr J C Halfpenny
Director
30 April 2019
THE TANNERY CHICHESTER (FREEHOLD) LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2018
31 December 2018
- 2 -
2018
2017
Notes
£
£
£
£
Fixed assets
Tangible assets
2
24,564
24,564
Current assets
Debtors
3
18
18
Net current assets
18
18
Total assets less current liabilities
24,582
24,582
Capital and reserves
Called up share capital
4
18
18
Other reserves
24,564
24,564
Total equity
24,582
24,582
For the financial year ended 31 December 2018 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 30 April 2019 and are signed on its behalf by:
Dr J C Halfpenny
Director
Company Registration No. 5091383
THE TANNERY CHICHESTER (FREEHOLD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018
- 3 -
1
Accounting policies
Company information
The Tannery Chichester (Freehold) Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
2 Park Farm, Chichester Road, Arundel, West Sussex, BN18 0AG.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Profit and loss account
The company has not traded during the year or the preceding financial
period
. During
this time
the company received no income and incurred no expenditure and therefore no Profit and loss account is presented
in these financial statements.
1.3
Tangible fixed assets
Tangible fixed assets
are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
The freehold interest in the property is stated at cost. The directors assess annually the need to provide for any impairment in recoverable amount below cost.
Freehold land and buildings
0%
Freehold land is not depreciated.
1.4
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.
THE TANNERY CHICHESTER (FREEHOLD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2018
- 4 -
2
Tangible fixed assets
Land and buildings
£
Cost
At 1 January 2018 and 31 December 2018
24,564
Depreciation and impairment
At 1 January 2018 and 31 December 2018
-
Carrying amount
At 31 December 2018
24,564
At 31 December 2017
24,564
3
Debtors
2018
2017
Amounts falling due within one year:
£
£
Other debtors
18
18
4
Called up share capital
2018
2017
£
£
Ordinary share capital
Issued and not fully paid
18 Ordinary shares of £1 each
18
18
18
18
There are 18 ordinary shares issued, all 18 remain unpaid.