Metropolitan Land Dorset Co Ltd - Period Ending 2019-06-30
Metropolitan Land Dorset Co Ltd - Period Ending 2019-06-30
Registration number:
for the Year Ended
Metropolitan Land Dorset Co Ltd
(Registration number: 08081064)
Balance Sheet as at 30 June 2019
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2019 |
2018 |
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£ |
£ |
£ |
£ |
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Fixed assets |
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Investment property |
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Creditors: Amounts falling due within one year |
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( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Total equity |
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For the financial year ending 30 June 2019 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved and authorised by the
R Soole
Director
Metropolitan Land Dorset Co Ltd
Notes to the Financial Statements
for the Year Ended 30 June 2019
General information |
The company is a private company limited by share capital incorporated in England and Wales. The company is dormant and has not traded during the year.
The address of its registered office is:
The principal place of business is:
79 Stoughton Avenue
Cheam
Surrey
SM3 8PH
United Kingdom
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Investment property
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Deferred tax
The valuation of the investment property at the year end is considered to be unchanged from its historical cost therefore no deferred tax provision is required.
Investment properties |
2019 |
2018 |
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Fair value |
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At 1 July 2018 |
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1,352 |
At 30 June 2019 |
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1,352 |
There has been no valuation of investment property by an independent valuer.
Metropolitan Land Dorset Co Ltd
Notes to the Financial Statements
for the Year Ended 30 June 2019
Creditors |
Note |
2019 |
2018 |
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Due within one year |
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Amounts due to related parties |
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Related party transactions |
Summary of transactions with parent