REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ASTILL HOMES LTD |
|
Unaudited Financial Statements |
|
FOR THE PERIOD |
|
13 August 2018 to 31 August 2019 |
|
|
|
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ASTILL HOMES LTD |
|
Unaudited Financial Statements |
|
FOR THE PERIOD |
|
13 August 2018 to 31 August 2019 |
|
|
|
|
|
ASTILL HOMES LTD (REGISTERED NUMBER: 11514810) |
|
Contents of the Financial Statements |
FOR THE PERIOD 13 AUGUST 2018 TO 31 AUGUST 2019 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Report of the Accountants | 2 |
|
Balance Sheet | 3 |
|
Notes to the Financial Statements | 4 |
|
ASTILL HOMES LTD |
|
Company Information |
FOR THE PERIOD 13 AUGUST 2018 TO 31 AUGUST 2019 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Gothic House |
Barker Gate |
Nottingham |
Nottinghamshire |
NG1 1JU |
ASTILL HOMES LTD |
|
Report of the Accountants to the Director of |
Astill Homes Ltd |
|
|
The following reproduces the text of the report prepared for the director in respect of the company's annual |
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a |
Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the |
Report of the Director are not required to be filed with the Registrar of Companies. |
|
As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 August 2019 set out on pages four to seven and you consider that the company is exempt from an audit. |
|
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
|
|
|
|
|
|
|
Gothic House |
Barker Gate |
Nottingham |
Nottinghamshire |
NG1 1JU |
|
|
|
ASTILL HOMES LTD (REGISTERED NUMBER: 11514810) |
|
Balance Sheet |
31 AUGUST 2019 |
|
Notes | £ |
CURRENT ASSETS |
Debtors | 3 |
|
Cash at bank |
|
|
CREDITORS |
Amounts falling due within one year | 4 |
|
NET CURRENT ASSETS |
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
CAPITAL AND RESERVES |
Called up share capital | 6 |
|
Retained earnings | 7 |
|
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 Income Statement has not been delivered. |
|
The financial statements were approved by the director and authorised for issue on
|
|
|
|
|
|
|
|
ASTILL HOMES LTD (REGISTERED NUMBER: 11514810) |
|
Notes to the Financial Statements |
FOR THE PERIOD 13 AUGUST 2018 TO 31 AUGUST 2019 |
|
|
1. | STATUTORY INFORMATION |
|
Astill Homes Ltd is a
|
registered number and registered office address can be found on the Company Information page. |
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Turnover |
Turnover is recognised at legal completion in respect of the total proceeds of building and development. An |
appropriate proportion of turnover from construction contracts is recognised by reference to the stage of completion |
of contract activity. Turnover is measured at fair value of consideration received or receivable and represents the |
amounts receivable for the property, net of discounts and VAT. |
|
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 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 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. |
|
3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
|
|
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed to participating interests | 98,927 |
Taxation and social security |
|
Other creditors |
|
|
ASTILL HOMES LTD (REGISTERED NUMBER: 11514810) |
|
Notes to the Financial Statements - continued |
FOR THE PERIOD 13 AUGUST 2018 TO 31 AUGUST 2019 |
|
|
5. | SECURED DEBTS |
|
The following secured debts are included within creditors: |
|
£ |
Debenture | 204,357 |
|
On 17 October 2018 a debenture with Charles Abbey Private Finance Limited was created, placing a fixed charge |
over the land north east of 13 The Hollows, Long Eaton, Nottingham, NG10 2ES. This charge contains a negative |
pledge. |
|
On 12 December 2018 a further debenture with Charles Abbey Private Finance Limited was created, placing a fixed |
charge over the strip of land along the north west boundary of 17 The Hollows, Long Eaton, Nottingham, NG10 |
2ES. This charge contains a negative pledge. |
|
Both charges have been satisfied in full as of 10 January 2020. |
|
6. | CALLED UP SHARE CAPITAL |
|
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
|
Ordinary | £1 | 100 |
|
|
|
7. | RESERVES |
Retained |
earnings |
£ |
|
Profit for the period |
|
At 31 August 2019 |
|
|
8. | RELATED PARTY DISCLOSURES |
|
During the period Astill Homes Limited received a loan from Kelle Oldham Limited totalling £98,927 which includes |
interest of £8,907. All transactions were made at arms length and all amounts are repayable upon demand. |