Yorkshire Rose Developments Limited - Accounts to registrar (filleted) - small 18.2

Yorkshire Rose Developments Limited - Accounts to registrar (filleted) - small 18.2

YORKSHIRE ROSE DEVELOPMENTS LIMITED - Company Information

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REGISTERED NUMBER: 04511484 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

FOR

YORKSHIRE ROSE DEVELOPMENTS LIMITED
YORKSHIRE ROSE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04511484)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


YORKSHIRE ROSE DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2019







DIRECTOR: L Batty





SECRETARY:





REGISTERED OFFICE: 22 High Road
Balby
Doncaster
DN4 0PL





REGISTERED NUMBER: 04511484 (England and Wales)





ACCOUNTANTS: Lewis's Chartered Certified Accountants
Windsor House
44 High Road
Balby
Doncaster
South Yorkshire
DN4 0PL
Page 1
YORKSHIRE ROSE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04511484)

BALANCE SHEET
31 MARCH 2019

31.3.19 31.3.18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 531 709
Investment property 4 1,250,750 1,250,750
1,251,281 1,251,459

CURRENT ASSETS
Stocks 105,211 -
Debtors 5 19,968 11
Cash at bank 6,163 109,391
131,342 109,402
CREDITORS
Amounts falling due within one year 6 296,795 281,039
NET CURRENT LIABILITIES (165,453 ) (171,637 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,085,828
1,079,822

CREDITORS
Amounts falling due after more than one
year
7
860,623
884,205
NET ASSETS 225,205 195,617

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 225,105 195,517
SHAREHOLDERS' FUNDS 225,205 195,617

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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 notes form part of these financial statements

Page 2 continued...
YORKSHIRE ROSE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04511484)

BALANCE SHEET - continued
31 MARCH 2019


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.

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 31 December 2019 and were signed by:





L Batty - Director


The notes form part of these financial statements

Page 3
YORKSHIRE ROSE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04511484)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019

1. STATUTORY INFORMATION

Yorkshire Rose Developments 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Investment property
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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Page 4 continued...
YORKSHIRE ROSE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04511484)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2019

3. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2018
and 31 March 2019 18,272
DEPRECIATION
At 1 April 2018 17,563
Charge for year 178
At 31 March 2019 17,741
NET BOOK VALUE
At 31 March 2019 531
At 31 March 2018 709

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2018
and 31 March 2019 1,250,750
NET BOOK VALUE
At 31 March 2019 1,250,750
At 31 March 2018 1,250,750

Fair value at 31 March 2019 is represented by:

£   
Valuation in 2010 110,939
Valuation in 2013 32,400
Valuation in 2017 75,714
Valuation in 2018 100,000
Cost 931,697
1,250,750

If investment property had not been revalued it would have been included at the following historical cost:

31.3.19 31.3.18
£    £   
Cost 931,697 931,697

Investment property was valued on an open market basis on 31 March 2018 by Mr. L. Batty .

Page 5 continued...
YORKSHIRE ROSE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04511484)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2019

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.19 31.3.18
£    £   
Trade debtors 200 -
Other debtors 19,768 11
19,968 11

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.19 31.3.18
£    £   
Trade creditors 21,549 -
Taxation and social security 6,982 7,272
Other creditors 268,264 273,767
296,795 281,039

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.19 31.3.18
£    £   
Bank loans 827,623 845,205
Other creditors 33,000 39,000
860,623 884,205

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 827,623 845,205

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.19 31.3.18
£    £   
Bank loans 827,623 845,205

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.19 31.3.18
value: £    £   
100 Ordinary 1 100 100

Page 6