SUNDANCE VILLAS LIMITED
|
Registered number: |
05315631
|
Balance Sheet |
as at 31 March 2019
|
|
Notes |
|
|
2019 |
|
|
2018 |
£ |
£ |
Fixed assets |
Tangible assets |
4 |
|
|
2,709 |
|
|
3,600 |
|
Current assets |
Cash at bank and in hand |
|
|
166,051 |
|
|
269,073 |
|
Creditors: amounts falling due within one year |
5 |
|
(160,865) |
|
|
(271,300) |
|
Net current assets/(liabilities) |
|
|
|
5,186 |
|
|
(2,227) |
|
Net assets |
|
|
|
7,895 |
|
|
1,373 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
7,893 |
|
|
1,371 |
|
Shareholder's funds |
|
|
|
7,895 |
|
|
1,373 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
|
|
|
|
|
Irene Hare |
Director |
Approved by the board on 16 January 2020
|
|
SUNDANCE VILLAS LIMITED
|
Notes to the Accounts |
for the year ended 31 March 2019
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
|
|
|
Turnover |
|
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
|
|
|
Depreciaton |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
|
|
Fixtures, fittings & Equipment |
20% reducing balance |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are recorded at the rate of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit & loss account.
|
|
2 |
Operating profit (loss) |
|
|
|
|
|
|
2019 |
|
2018 |
|
This is stated after charging |
|
|
|
|
£ |
|
£ |
|
|
Depreciation of tangible fixed assets |
|
|
|
891 |
|
900 |
|
|
|
|
|
|
|
|
|
|
3 |
Taxation |
2019 |
|
2018 |
£ |
£ |
|
|
UK Corporation tax |
809 |
|
- |
|
|
|
|
|
|
809 |
|
- |
|
2 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
£ |
|
Cost |
|
At 1 April 2018 |
16,796 |
|
At 31 March 2019 |
16,796 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2018 |
13,196 |
|
Charge for the year |
891 |
|
At 31 March 2019 |
14,087 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2019 |
2,709 |
|
At 31 March 2018 |
3,600 |
|
|
3 |
Creditors: amounts falling due within one year |
2019 |
|
2018 |
£ |
£ |
|
|
Directors Account |
- |
|
8,000 |
|
Trade creditors |
156,056 |
|
259,300 |
|
Corporation tax |
809 |
|
- |
|
Other creditors |
4,000 |
|
4,000 |
|
|
|
|
|
|
160,865 |
|
271,300 |
|
|
|
|
|
|
|
|
|