Golden Crown Management Ltd Company Accounts
Golden Crown Management Ltd Company Accounts
COMPANY REGISTRATION NUMBER:
07237701
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Financial Statements |
Year ended 30 April 2017
Contents |
Page |
Officers and professional advisers |
1 |
Chartered accountants report to the director on the preparation of the unaudited statutory financial statements |
2 |
Statement of financial position |
3 |
Notes to the financial statements |
5 |
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Officers and Professional Advisers |
Director |
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Registered office |
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Accountants |
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Chartered Accountants |
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No 2 Silkwood Office Park |
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Fryers Way |
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Wakefield |
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West Yorkshire |
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WF5 9TJ |
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Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of
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Year ended 30 April 2017
No 2 Silkwood Office Park
Fryers Way
Wakefield
West Yorkshire
WF5 9TJ
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Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
Fixed assets
Tangible assets |
7 |
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Investments |
8 |
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-------- |
-------- |
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Current assets
Stocks |
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– |
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Debtors |
9 |
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Cash at bank and in hand |
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--------- |
--------- |
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Creditors: amounts falling due within one year |
10 |
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--------- |
--------- |
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Net current assets |
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--------- |
--------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
11 |
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Provisions |
– |
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--------- |
--------- |
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Net assets |
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--------- |
--------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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--------- |
--------- |
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Member funds |
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--------- |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
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The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
5 December 2017
, and are signed on behalf of the board by:
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Director |
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Company registration number:
07237701
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Notes to the Financial Statements |
Year ended 30 April 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is No 2 Silkwood Office Park, Fryers Way, Wakefield, WF5 9TJ.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Consolidation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery |
- |
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Fixtures and fittings |
- |
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Motor vehicles |
- |
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Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Impairment of fixed assets
Stocks
Finance leases and hire purchase contracts
Provisions
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year, including the director, amounted to
23
(2016:
17
).
5.
Director's remuneration
The director's aggregate remuneration in respect of qualifying services was:
2017 |
2016 |
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£ |
£ |
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Remuneration |
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-------- |
-------- |
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6.
Dividends
2017 |
2016 |
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£ |
£ |
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Dividends paid during the year (excluding those for which a liability existed at the end of the prior year ) |
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-------- |
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7.
Tangible assets
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 May 2016 |
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Additions |
– |
– |
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------- |
-------- |
-------- |
--------- |
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At 30 April 2017 |
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------- |
-------- |
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--------- |
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Depreciation |
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At 1 May 2016 |
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Charge for the year |
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------- |
-------- |
-------- |
--------- |
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At 30 April 2017 |
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------- |
-------- |
-------- |
--------- |
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Carrying amount |
||||
At 30 April 2017 |
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– |
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------- |
-------- |
-------- |
--------- |
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At 30 April 2016 |
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------- |
-------- |
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8.
Investments
Shares in group undertakings |
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£ |
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Cost |
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At 1 May 2016 |
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Disposals |
(
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---- |
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At 30 April 2017 |
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---- |
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Impairment |
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At 1 May 2016 |
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Disposals |
(
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---- |
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At 30 April 2017 |
– |
---- |
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Carrying amount |
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At 30 April 2017 |
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---- |
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At 30 April 2016 |
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---- |
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Subsidiaries, associates and other investments
Class of share |
Percentage of shares held |
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Subsidiary undertakings |
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Ordinary Class1 |
100 |
9.
Debtors
2017 |
2016 |
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£ |
£ |
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Trade debtors |
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Amounts owed by group undertakings |
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– |
Called up share capital not paid |
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Director's loan account |
– |
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Other debtors |
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--------- |
--------- |
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10.
Creditors:
amounts falling due within one year
2017 |
2016 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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– |
Amounts owed to group undertakings |
– |
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Corporation tax |
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Social security and other taxes |
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Obligations under finance leases and hire purchase contracts |
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Director loan accounts |
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– |
Amounts owed to connected company |
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– |
Other creditors |
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--------- |
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--------- |
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11.
Creditors:
amounts falling due after more than one year
2017 |
2016 |
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£ |
£ |
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Other creditors |
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-------- |
------- |
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12.
Deferred tax
The deferred tax included in the statement of financial position is as follows:
2017 |
2016 |
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£ |
£ |
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Included in provisions |
– |
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---- |
---- |
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The deferred tax account consists of the tax effect of timing differences in respect of:
2017 |
2016 |
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£ |
£ |
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Accelerated capital allowances |
– |
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---- |
---- |
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13.
Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2017 |
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Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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-------- |
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2016 |
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Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
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£ |
£ |
£ |
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(
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------- |
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14.
Related party transactions
During the year the company entered into the following transactions with related parties:
Transaction value |
Balance owed by/(owed to) |
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2017 |
2016 |
2017 |
2016 |
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£ |
£ |
£ |
£ |
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(
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– |
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– |
--------- |
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Golden Crown CCTV Ltd
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– |
– |
11,860
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– |
Golden Crown Healthcare Ltd
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– |
– |
8,233
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– |
GC Keyholding Ltd
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– |
– |
(
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– |