High Street Bakery (Property) Limited
|
Registered Number
:
09464235
|
For the year ended 31 March 2019
England and Wales
Unaudited Report and Financial Statements
High Street Bakery (Property) Limited
Statement of Financial Position
2018
2019
2
635,000
525,000
635,000
525,000
Trade and other receivables
|
-
602
3
12,579
Cash and cash equivalents
|
15,936
16,538
12,579
Trade and other payables
:
amounts falling due within one year
|
(342,538)
(428,129)
4
(329,959)
(411,591)
Net current liabilities
Total assets less current liabilities
|
223,409
195,041
(18,991)
(23,152)
Provisions for liabilities
|
204,418
Net assets
171,889
100
100
80,963
98,700
123,355
73,089
204,418
171,889
Shareholders' funds
For the year ended 31 March 2019 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 of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
Mr Paul Mark Diver Director
|
These financial statements were approved and authorised for issue by the Board on 12 December 2019 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 March 2019
High Street Bakery (Property) Limited
Notes to the Financial Statements
Statutory Information
High Street Bakery
(
Property
)
Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
09464235
.
|
10 Pilot Road
Corby
Northamptonshire
NN17 5YH
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial Reporting Standard
|
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the Companies Act
2006
.
The
|
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable in respect of rents, excluding discounts and rebates.
|
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
|
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
525,000
131,897
(21,897)
635,000
635,000
525,000
Investment properties comprise residential properties. The fair value of the investment property has been arrived at on the basis of a valuation carried out by the directors. The valuation was made on an open market basis by reference to market evidence of transaction prices for similar properties in the area.
|
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For the year ended 31 March 2019
High Street Bakery (Property) Limited
Notes to the Financial Statements Continued
3
.
Trade and other receivables
|
2018
2019
602
-
4
.
Trade and other payables
:
amounts falling due within one year
|
2018
2019
Taxation and social security
|
11,791
8,314
416,338
334,224
428,129
342,538
5
.
Related party transactions
|
High Street Bakery Limited
|
The company is related to High Street Bakery Limited by virtue of the directors
'
shareholding in both companies
.
|
Loans have been made to the company from High Street Bakery Limited
,
these loans do not carry interest and have no set
|
repayment terms
.
|
The amount due at
31
March
2019
amounted to £
239
,
969
(
2018
:
£
184
,
515
).
|
6
.
Average number of persons employed
|
The company did not have any employees during the year.
3 of 3