Citylife Holdings 3 Limited Filleted accounts for Companies House (small and micro)

CITYLIFE HOLDINGS 3 LIMITED - Company Information

false false false false false false false false false true false false false false false false false No description of principal activity 2018-05-01 Sage Accounts Production Advanced 2019 - FRS102_2014 xbrli:pure xbrli:shares iso4217:GBP 10155080 2018-05-01 2018-12-31 10155080 2018-12-31 10155080 2017-05-01 2018-04-30 10155080 2018-04-30 10155080 bus:Director1 2018-05-01 2018-12-31 10155080 core:WithinOneYear 2018-12-31 10155080 core:WithinOneYear 2018-04-30 10155080 core:ShareCapital 2018-12-31 10155080 core:ShareCapital 2018-04-30 10155080 core:RetainedEarningsAccumulatedLosses 2018-12-31 10155080 core:RetainedEarningsAccumulatedLosses 2018-04-30 10155080 bus:SmallEntities 2018-05-01 2018-12-31 10155080 bus:AuditExemptWithAccountantsReport 2018-05-01 2018-12-31 10155080 bus:FullAccounts 2018-05-01 2018-12-31 10155080 bus:SmallCompaniesRegimeForAccounts 2018-05-01 2018-12-31 10155080 bus:PrivateLimitedCompanyLtd 2018-05-01 2018-12-31

COMPANY REGISTRATION NUMBER: 10155080

CITYLIFE HOLDINGS 3 LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED

31 December 2018

CITYLIFE HOLDINGS 3 LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2018

	31 Dec 18		30 Apr 18
Note	£	£	£	£

CURRENT ASSETS

Stocks		382,025	206,336
Debtors	4	–	12,801
Cash at bank and in hand		1,843	218
		---------	---------
		383,868	219,355

CREDITORS: amounts falling due within one year	5	( 387,811)		( 221,613)
		---------		---------
NET CURRENT LIABILITIES			( 3,943)		( 2,258)
			-------		-------
TOTAL ASSETS LESS CURRENT LIABILITIES			( 3,943)		( 2,258)
			-------		-------
NET LIABILITIES			( 3,943)		( 2,258)
			-------		-------

CAPITAL AND RESERVES

Called up share capital	100	100
Profit and loss account	( 4,043)	( 2,358)
	-------	-------
SHAREHOLDERS DEFICIT	( 3,943)	( 2,258)
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the period ending 31 December 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

CITYLIFE HOLDINGS 3 LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 December 2018

These financial statements were approved by the board of directors and authorised for issue on 16 December 2019 , and are signed on behalf of the board by:

A Georgallis

Director

Company registration number: 10155080

CITYLIFE HOLDINGS 3 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

PERIOD FROM 1 MAY 2018 TO 31 DECEMBER 2018

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5b Calls Landing, 36-38 The Calls, Leeds, LS2 7EW, United Kingdom.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. The financial statements have been prepared on the going concern basis. The directors consider the going concern basis to be appropriate as they have confirmed their ongoing support.

Income tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition. Cost comprises the acquisition and development costs excluding interest. Development costs include infrastructure costs and costs of houses built. The cost of land acquisition includes options to purchase land, and the cost of any investigation work prior to purchase.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. DEBTORS

	31 Dec 18	30 Apr 18
	£	£
Other debtors	–	12,801
	----	--------

5. CREDITORS: amounts falling due within one year

	31 Dec 18	30 Apr 18
	£	£
Trade creditors	60,224	23,335
Social security and other taxes	723	–
Amounts due to related companies	141,900	46,804
Other creditors	184,964	151,474
	---------	---------
	387,811	221,613
	---------	---------