Charlesworths (Doncaster) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04120096 (England and Wales)

Charlesworths (Doncaster) Limited

Unaudited Financial Statements For The Year Ended 31 May 2018

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

AJGE Charlesworth

SECRETARY:

S H Charlesworth

REGISTERED OFFICE:

PO Box 978

Sidings Court

Lakeside

Doncaster

South Yorkshire

DN4 5NU

REGISTERED NUMBER:

04120096 (England and Wales)

ACCOUNTANTS:

Allotts Business Services Ltd

Chartered Accountants

Sidings Court

Lakeside

Doncaster

South Yorkshire

DN4 5NU

FIXED ASSETS

Tangible assets

4

563,000

563,000

CURRENT ASSETS

Cash at bank

9,342

5,751

CREDITORS

Amounts falling due within one year

124,391

129,784

NET CURRENT LIABILITIES

(115,049

)

(124,033

)

TOTAL ASSETS LESS CURRENT LIABILITIES

447,951

438,967

PROVISIONS FOR LIABILITIES

21,543

23,329

NET ASSETS

426,408

415,638

CAPITAL AND RESERVES

Called up share capital

5

155,100

155,100

Share premium

743

743

Revaluation reserve

138,928

137,143

Retained earnings

131,637

122,652

SHAREHOLDERS' FUNDS

426,408

415,638

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 21 February 2019 and were signed by:

AJGE Charlesworth - Director

1.	STATUTORY INFORMATION

Charlesworths (Doncaster) Limited is a private company, limited by shares , registered in England and Wales.

The 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

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents rents receivable in the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property

-

not provided

Fixtures and fittings

-

15% on cost

Computer equipment

-

33% on cost

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.

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 year 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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 June 2017

and 31 May 2018

565,863

DEPRECIATION

At 1 June 2017

and 31 May 2018

2,863

NET BOOK VALUE

At 31 May 2018

563,000

At 31 May 2017

563,000

Cost or valuation at 31 May 2018 is represented by:

Totals

£

Valuation in 2018

563,000

Cost

2,863

565,863

If the investment properties had not been revalued they would have been included at the following historical cost:

2018

2017

£

£

Cost

402,530

402,530

The investment properties were valued on an open market basis on 31 May 2018 by the director .

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

£1

100

100

155,000

A Ordinary

£1

155,000

155,000

155,100

155,100

6.	RELATED PARTY DISCLOSURES