|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 MARCH 2018 |
|
FOR |
|
CLAN BATTERSEA SQUARE LIMITED |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 MARCH 2018 |
|
FOR |
|
CLAN BATTERSEA SQUARE LIMITED |
CLAN BATTERSEA SQUARE LIMITED (REGISTERED NUMBER: 08387223) |
|
|
|
|
|
|
CONTENTS OF THE FINANCIAL STATEMENTS |
for the year ended 31 March 2018 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
CLAN BATTERSEA SQUARE LIMITED |
|
COMPANY INFORMATION |
for the year ended 31 March 2018 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
Q Court |
3 Quality Street |
Edinburgh |
EH4 5BP |
CLAN BATTERSEA SQUARE LIMITED (REGISTERED NUMBER: 08387223) |
|
BALANCE SHEET |
31 March 2018 |
|
31.3.18 | 31.3.17 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
|
|
|
CURRENT ASSETS |
Debtors | 5 |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 6 |
|
|
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
( |
) |
( |
) |
|
CAPITAL AND RESERVES |
Called up share capital | 7 |
|
|
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
|
|
|
|
|
The directors acknowledge their responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved by the Board of Directors on
by: |
|
|
|
|
|
|
|
CLAN BATTERSEA SQUARE LIMITED (REGISTERED NUMBER: 08387223) |
|
NOTES TO THE FINANCIAL STATEMENTS |
for the year ended 31 March 2018 |
|
1. | STATUTORY INFORMATION |
|
Clan Battersea Square Limited is a
|
company's registered number and registered office address can be found on the Company Information page. |
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
At 31 March 2018 the company had liabilities exceeding assets by £17,058 (2017 - £5,529) and relies on the |
continued support of the directors to finance its working capital requirements. The directors consider it |
appropriate to prepare the financial statements on the going concern basis as they expect that this support will |
continue for the foreseeable future. |
|
Turnover |
Turnover represents the value of goods and services supplied by the company, excluding value added tax. |
|
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
the extent that it relates to items recognised in other comprehensive income or directly in equity. |
|
Current or deferred taxation assets and liabilities are not discounted. |
|
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the balance sheet date. |
|
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
|
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
timing difference. |
|
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
|
Investments |
Fixed asset investments are stated at cost less any provision for impairment. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
CLAN BATTERSEA SQUARE LIMITED (REGISTERED NUMBER: 08387223) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 March 2018 |
|
4. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST |
At 1 April 2017 |
and 31 March 2018 |
|
NET BOOK VALUE |
At 31 March 2018 |
|
At 31 March 2017 |
|
|
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
|
Associated company |
|
|
Registered office: Witan Gate House C/O Shoosmiths Llp, 500-600 Witan Gate West, Milton Keynes, England, MK9 1SH |
Nature of business:
|
% |
Class of shares: | holding |
|
|
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.18 | 31.3.17 |
£ | £ |
Other debtors |
|
|
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.18 | 31.3.17 |
£ | £ |
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
7. | CALLED UP SHARE CAPITAL |
|
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.3.18 | 31.3.17 |
value: | £ | £ |
|
Ordinary | £1 | 3 | 3 |
CLAN BATTERSEA SQUARE LIMITED (REGISTERED NUMBER: 08387223) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 March 2018 |
|
8. | RELATED PARTY DISCLOSURES |
|
Included in 'Other creditors' at the year end is an amount of £220,500 (2017 - £300,000) due from the company |
to its directors. These loans are interest free and is repayable in accordance with the shareholders agreement. |
|
Battersea Square Developments LLP |
Clan Battersea Square Limited is a designated member of the LLP |
|
Included in 'Other creditors' at the year end is an amount of £9,223 (2017 - £219,980 due from) due to Battersea |
Square Developments LLP. The loan balance is repayable in accordance with the partnership agreement. |
|
Cotswold Mews LLP |
Clan Battersea Square Limited is a designated member of the LLP |
|
Included in 'Other debtors' at the year end is an amount of £219,980 (2017 - £nil) due from Cotswold Mews LLP. |
The loan balance is repayable in accordance with the partnership agreement. |
|
9. | ULTIMATE CONTROLLING PARTY |
|
The company is controlled by its directors. No individual has overall control. |