|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 January 2019 |
|
for |
|
Cobalt Developments PL Limited |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 January 2019 |
|
for |
|
Cobalt Developments PL Limited |
Cobalt Developments PL Limited (Registered number: 09581180) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 31 January 2019 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
Cobalt Developments PL Limited |
|
Company Information |
for the Year Ended 31 January 2019 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
67 Westow Street |
Upper Norwood |
London |
SE19 3RW |
Cobalt Developments PL Limited (Registered number: 09581180) |
|
Balance Sheet |
31 January 2019 |
|
2019 | 2018 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 5 |
|
|
|
CURRENT ASSETS |
Debtors | 6 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 7 |
|
|
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one
year |
8 |
|
|
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
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. |
Cobalt Developments PL Limited (Registered number: 09581180) |
|
Balance Sheet - continued |
31 January 2019 |
|
|
|
|
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
|
|
|
|
|
|
|
|
Cobalt Developments PL Limited (Registered number: 09581180) |
|
Notes to the Financial Statements |
for the Year Ended 31 January 2019 |
|
1. | STATUTORY INFORMATION |
|
Cobalt Developments PL Limited is a
|
company's registered number and registered office address can be found on the Company Information page. |
|
The presentation currency of the financial statements is the Pound Sterling (£). |
|
|
2. | STATEMENT OF COMPLIANCE |
|
|
|
3. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
The financial statements have been prepared under the historical cost convention as modified by the recognition |
of certain financial assets and liabilities measured at fair value. |
|
Turnover |
Turnover represents the the total value of rents receivable in the year. |
|
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. |
|
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. |
|
4. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 February 2018 |
and 31 January 2019 |
|
NET BOOK VALUE |
At 31 January 2019 |
|
At 31 January 2018 |
|
Cobalt Developments PL Limited (Registered number: 09581180) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2019 |
|
5. | INVESTMENT PROPERTY - continued |
|
Leasehold investment properties, included in the above, are as follows: |
|
|
Total |
£ |
FAIR VALUE |
At 1 June 2017 | 481,868 |
and 31 January 2018 |
|
|
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade debtors |
|
|
Other debtors |
|
|
|
|
|
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
8. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
2019 | 2018 |
£ | £ |
Other creditors |
|
|
|
9. | LOANS |
|
An analysis of the maturity of loans is given below: |
|
2019 | 2018 |
£ | £ |
Amounts falling due within one year or on demand: |
Other loans |
|
|
|
Amounts falling due between one and two years: |
Other loans - 1-2 years | 18,493 |
|
|
Amounts falling due between two and five years: |
Other loans - 2-5 years |
|
|
Cobalt Developments PL Limited (Registered number: 09581180) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2019 |
|
10. | SECURED DEBTS |
|
The following secured debts are included within creditors: |
|
2019 | 2018 |
£ | £ |
Other loans |
|
|
|
Bank loan is secured by way of a fixed charge over the leasehold property of the company. |