Company Registration Number 07289680 (England and Wales)
CRADLEY ENTERPRISE CENTRE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2017
PAGES FOR FILING WITH REGISTRAR
CRADLEY ENTERPRISE CENTRE LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2017
30 September 2017
- 1 -
2017
2016
as restated
£
£
£
£
Fixed assets
1,187,359
1,186,100
Current assets
281,533
139,015
Creditors: amounts falling due within one year
(104,129)
(55,680)
Net current assets
177,404
83,335
Total assets less current liabilities
1,364,763
1,269,435
Accruals and deferred income
(7,834)
(5,740)
Net assets
1,356,929
1,263,695
Capital and reserves
1,356,929
1,263,695
NOTES TO THE FINANCIAL STATEMENTS
1
ACCOUNTING CONVENTION
These financial statements for the year ended 30 September 2017 are the first financial statements of Cradley Enterprise Centre Limited prepared in accordance with FRS 105. The Financial Reporting Standard applicable for Micro entities in the UK and Republic of Ireland. The date of transition to FRS 105 was 1 October 2015, the effect of this transition is an adjustment of (£26,667) to the reserves of the company as at 30 September 2015 which is due to the accumulated depreciation of the investment property. The depreciation charge for the investment property for the year ended 30 September 2016 was £7,993 and the profit for the year has been reduced accordingly.
CRADLEY ENTERPRISE CENTRE LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2017
30 September 2017
- 2 -
Cradley Enterprise Centre Limited is a private company limited by shares incorporated in England and Wales. The registered office is Maypole Fields, Cradley, Halesowen, West Midlands, B63 2QB.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
For the year ended 30 September 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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.
The 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 micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered 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 12 April 2018 and are signed on its behalf by:
Mr M J P McCarron
DIRECTOR
COMPANY REGISTRATION NUMBER 07289680