Carl H Developments Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07980693 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2018 TO 30 MARCH 2019

FOR

CARL H DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr C Halliday

REGISTERED OFFICE:

C/O Christian Douglass Accountants

2 Jordan Street

Knott Mill

Manchester

M15 4PY

REGISTERED NUMBER:

07980693 (England and Wales)

ACCOUNTANTS:

Christian Douglass Accountants Limited

Chartered Accountants

2 Jordan Street

Knott Mill

Manchester

M15 4PY

FIXED ASSETS

Tangible assets

4

1,188

810

Investment property

5

470,687

470,687

471,875

471,497

CURRENT ASSETS

Debtors

6

1,169

4,157

Cash at bank

-

1,546

1,169

5,703

CREDITORS

Amounts falling due within one year

7

12,928

19,778

NET CURRENT LIABILITIES

(11,759

)

(14,075

)

TOTAL ASSETS LESS CURRENT LIABILITIES

460,116

457,422

CREDITORS

Amounts falling due after more than one year

8

349,190

364,586

NET ASSETS

110,926

92,836

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

110,925

92,835

SHAREHOLDERS' FUNDS

110,926

92,836

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 March 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 18 March 2020 and were signed by:

Mr C Halliday - Director

1.	STATUTORY INFORMATION

Carl H Developments Limited is a private company, limited by share, registered in England and Wales. The

company's registered number is 07980693 and its registered office is at 2 Jordan Street, Knott Mill, Manchester,

M15 4PY.

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.

Turnover

Turnover represents rental income and is recognised on an accruals basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

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.

Taxation

Taxation for the period 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 period 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 period was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2018

5,590

Additions

1,072

At 30 March 2019

6,662

DEPRECIATION

At 1 April 2018

4,780

Charge for period

694

At 30 March 2019

5,474

NET BOOK VALUE

At 30 March 2019

1,188

At 31 March 2018

810

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2018

and 30 March 2019

470,687

NET BOOK VALUE

At 30 March 2019

470,687

At 31 March 2018

470,687

At the balance sheet date the director feels that the valuation is an accurate representation of the property's

market value.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.19

31.3.18

£

£

Prepayments and accrued income

1,169

4,157

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.19

31.3.18

£

£

Bank loans and overdrafts

149

-

Trade creditors

140

120

Corporation tax

7,088

8,172

Other creditors

3,625

9,986

Accrued expenses

1,926

1,500

12,928

19,778

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.3.19

31.3.18

£

£

Directors' loan accounts

349,190

364,586

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr C Halliday.