High Street Bakery (Property) Limited
|
Registered Number
:
09464235
|
For the year ended 31 March 2018
England and Wales
Unaudited Report and Financial Statements
High Street Bakery (Property) Limited
Statement of Financial Position
2017
2018
2
525,000
276,502
525,000
276,502
6,939
Cash and cash equivalents
|
12,579
12,579
6,939
Trade and other payables
:
amounts falling due within one year
|
(245,695)
(342,538)
3
(238,756)
(329,959)
Net current liabilities
Total assets less current liabilities
|
195,041
37,746
(23,152)
-
Provisions for liabilities
|
171,889
Net assets
37,746
100
100
98,700
-
73,089
37,646
171,889
37,746
Shareholders' funds
For the year ended 31 March 2018 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 2018 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his 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 08 October 2018 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 March 2018
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 properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in the income statement. Where fair vale cannot be measured without undue cost or effort, investment property is accounted for as tangible fixed assets.
|
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.
|
276,502
126,647
121,851
525,000
525,000
276,502
Investment property comprises commercial and 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 2018
High Street Bakery (Property) Limited
Notes to the Financial Statements Continued
3
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
Taxation and social security
|
8,314
6,206
334,224
239,489
342,538
245,695
4
.
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
2018
amounted to £
184
,
515
(
2017
:
£
41
,
000
).
|
5
.
Average number of persons employed
|
The company did not have any employees during the year.
3 of 3