Upton Glen Limited - Accounts to registrar (filleted) - small 18.2
Upton Glen Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Upton Glen Limited |
| Unaudited Financial Statements for the Year Ended 31 December 2018 |
| Upton Glen Limited (Registered number: 05120776) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2018 |
| Page |
| Statement of Financial Position | 1 |
| Notes to the Financial Statements | 3 |
| Upton Glen Limited (Registered number: 05120776) |
| Statement of Financial Position |
| 31 December 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Current assets |
| Stocks |
| Debtors | 6 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 7 |
| Net current assets |
| Total assets less current liabilities |
| Capital and reserves |
| Called up share capital |
| Share premium |
| 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. |
| Upton Glen Limited (Registered number: 05120776) |
| Statement of Financial Position - continued |
| 31 December 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| Upton Glen Limited (Registered number: 05120776) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2018 |
| 1. | Statutory information |
| Upton Glen Limited is a |
| registered number and registered office address are as below: |
| Registered number: | 05120776 |
| Registered office: | 10 Bridge Street |
| Christchurch |
| Dorset |
| BH23 1EF |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| The turnover shown in the profit and loss account represents amounts receivable for the year, exclusive of Value |
| Added tax, from the development of a residential caravan park. |
| Goodwill |
| Positive purchased goodwill arising on acquisitions is capitalised as an asset on the Balance Sheet. Goodwill is reviewed |
| for impairment at the end of the first full financial year following each acquisition and subsequently as and when |
| necessary if circumstances emerge that indicate that the carrying value may not be recoverable. |
| Tangible fixed assets |
| Plant and machinery | - |
| Computer equipment | - |
| Stock and work in progress |
| Work in progress is measured at the lower of cost and net realisable value. |
| Stock is measured at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained |
| Earnings, 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. |
| Upton Glen Limited (Registered number: 05120776) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2018 |
| 2. | Accounting policies - continued |
| 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 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 |
| 4. | Intangible fixed assets |
| Goodwill |
| £ |
| Cost |
| At 1 January 2018 |
| and 31 December 2018 |
| Net book value |
| At 31 December 2018 |
| At 31 December 2017 |
| 5. | Tangible fixed assets |
| Plant and | Computer |
| machinery | equipment | Totals |
| £ | £ | £ |
| Cost |
| At 1 January 2018 |
| and 31 December 2018 |
| Depreciation |
| At 1 January 2018 |
| Charge for year |
| At 31 December 2018 |
| Net book value |
| At 31 December 2018 |
| At 31 December 2017 |
| Upton Glen Limited (Registered number: 05120776) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2018 |
| 6. | Debtors: amounts falling due within one year |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | Creditors: amounts falling due within one year |
| 2018 | 2017 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |