Ebble Developments Limited - Period Ending 2019-03-31
Ebble Developments Limited - Period Ending 2019-03-31
Registration number:
Year Ended
Ebble Developments Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
Ebble Developments Limited
Company Information
Directors |
Miss S A Laing 9th Earl of Radnor The Hon P J Pleydell-Bouverie Mrs H Clark |
Company secretary |
Mrs K Price |
Registered office |
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Ebble Developments Limited
(Registration number: 00965021)
Balance Sheet as at 31 March 2019
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2018 |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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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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Profit and loss account |
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Total equity |
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For the financial year ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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 financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Statement of Income and Directors' Report has been taken.
Approved and authorised by the
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9th Earl of Radnor
Director
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Ebble Developments Limited
Notes to the Financial Statements
Year Ended 31 March 2019
General information |
The company is a private company limited by share capital and incorporated in England and Wales.
The address of its registered office is:
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.
The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £.
Revenue recognition
Property sales are recognised on completion of contract. Rents are recognised on an accruals basis. Management income is recognised in the period in which services are provided.
The financial statements do not recognise as income or expenditure the costs incurred by the company and recharged in their capacity as management contractors.
Stocks
Development properties are stated at the lower of cost and estimated selling price less costs to complete and sell. The cost includes all direct costs of acquisition and any subsequent development costs.
Financial instruments
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Ebble Developments Limited
Notes to the Financial Statements
Year Ended 31 March 2019
Staff numbers |
The average number of persons employed by the company during the year was
Debtors |
2019 |
2018 |
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Other debtors |
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Creditors |
Note |
2019 |
2018 |
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Due within one year |
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Trade creditors |
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Amounts owed to Viscount Folkestone's 1963 Settlement |
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Other creditors |
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Corporation tax |
11,244 |
11,092 |
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Related party transactions |
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