|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE PERIOD 27 JULY 2017 TO 31 DECEMBER 2018 |
|
FOR |
|
FRECCLA INVESTMENTS LIMITED |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE PERIOD 27 JULY 2017 TO 31 DECEMBER 2018 |
|
FOR |
|
FRECCLA INVESTMENTS LIMITED |
FRECCLA INVESTMENTS LIMITED (REGISTERED NUMBER: 10887550) |
|
CONTENTS OF THE FINANCIAL STATEMENTS |
for the period 27 July 2017 to 31 December 2018 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Statement of Financial Position | 2 |
|
Notes to the Financial Statements | 3 |
|
FRECCLA INVESTMENTS LIMITED |
|
COMPANY INFORMATION |
for the period 27 July 2017 to 31 December 2018 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
4th Floor |
Venture House |
27-29 Glasshouse Street |
London |
W1B 5DF |
FRECCLA INVESTMENTS LIMITED (REGISTERED NUMBER: 10887550) |
|
STATEMENT OF FINANCIAL POSITION |
31 December 2018 |
|
Notes | £ | £ |
FIXED ASSETS |
Investment property | 4 |
|
|
CURRENT ASSETS |
Cash at bank |
|
|
CREDITORS |
Amounts falling due within one year | 5 |
|
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
CREDITORS |
Amounts falling due after more than one
year |
6 |
|
NET ASSETS |
|
|
CAPITAL AND RESERVES |
Called up share capital | 8 |
|
Retained earnings |
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
The director acknowledges his 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 Statement of Comprehensive Income has not been delivered. |
|
The financial statements were approved by the director on
|
|
|
|
|
|
FRECCLA INVESTMENTS LIMITED (REGISTERED NUMBER: 10887550) |
|
NOTES TO THE FINANCIAL STATEMENTS |
for the period 27 July 2017 to 31 December 2018 |
|
|
1. | STATUTORY INFORMATION |
|
Freccla Investments 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 |
|
|
Turnover |
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
|
Taxation |
Taxation for the period 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 statement of financial position date. |
|
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. |
|
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 period 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. |
|
Investment property |
Freehold investment property is stated at cost less provision, where necessary, for permanent diminution in |
value. This is not in accordance with FRS102 1A which requires investment properties to be stated at their fair |
value or depreciated cost. No valuations have been carried out and accordingly it is not possible to quantify the |
effect on the net assets at the current or previous balance sheet date, or the effect on the total comprehensive |
income for the current or previous period. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the period was
|
FRECCLA INVESTMENTS LIMITED (REGISTERED NUMBER: 10887550) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the period 27 July 2017 to 31 December 2018 |
|
|
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
|
At 31 December 2018 |
|
NET BOOK VALUE |
At 31 December 2018 |
|
|
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Bank loans and overdrafts (see note 7) |
|
Trade creditors |
|
Corporation tax |
|
Directors' loan accounts | 106,298 |
Accruals and deferred income |
|
|
|
6. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
£ |
Bank loans (see note 7) |
|
|
Amounts falling due in more than five years: |
|
Repayable by instalments |
Precise Mortgages A/c:20048808 | 232,775 |
|
7. | LOANS |
|
An analysis of the maturity of loans is given below: |
|
£ |
Amounts falling due within one year or on demand: |
Precise Mortgages A/c:20048808 |
|
|
Amounts falling due in more than five years: |
|
Repayable by instalments |
Precise Mortgages A/c:20048808 | 232,775 |
FRECCLA INVESTMENTS LIMITED (REGISTERED NUMBER: 10887550) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the period 27 July 2017 to 31 December 2018 |
|
|
8. | CALLED UP SHARE CAPITAL |
|
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
|
Ordinary | £1 | 1 |
|
9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
|
Loan from director |
|
During the period the company was provided with a loan of £106,298 by Mr P Gill. This loan is repayable on |
demand. |
|
10. | ULTIMATE CONTROLLING PARTY |
|
Mr P Gill, the sole director, controls the company by virtue of a controlling interest of 100% of the issued |
ordinary share capital. |