Charlesworths (Doncaster) Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 04120096 (England and Wales)

Charlesworths (Doncaster) Limited

Unaudited Financial Statements For The Year Ended 31 May 2017

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

AJGE Charlesworth

SECRETARY:

S H Charlesworth

REGISTERED OFFICE:

PO Box 978

Sidings Court

Lakeside

Doncaster

DN4 5NU

REGISTERED NUMBER:

04120096 (England and Wales)

ACCOUNTANTS:

Allotts Business Services Ltd

Chartered Accountants

Sidings Court

Lakeside

Doncaster

South Yorkshire

DN4 5NU

FIXED ASSETS

Tangible assets

4

563,000

563,000

CURRENT ASSETS

Debtors

-

800

Cash at bank

5,751

1,403

5,751

2,203

CREDITORS

Amounts falling due within one year

129,784

131,250

NET CURRENT LIABILITIES

(124,033

)

(129,047

)

TOTAL ASSETS LESS CURRENT LIABILITIES

438,967

433,953

PROVISIONS FOR LIABILITIES

23,329

27,166

NET ASSETS

415,638

406,787

CAPITAL AND RESERVES

Called up share capital

5

155,100

155,100

Share premium

743

743

Revaluation reserve

137,143

133,305

Retained earnings

122,652

117,639

SHAREHOLDERS' FUNDS

415,638

406,787

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 28 February 2018 and were signed by:

AJGE Charlesworth - Director

1.	STATUTORY INFORMATION

Charlesworths (Doncaster) 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 represents rents receivable in the year.

Tangible fixed assets

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

Investment property

-

not provided

Fixtures and fittings

-

15% on cost

Computer equipment

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 June 2016

and 31 May 2017

565,863

DEPRECIATION

At 1 June 2016

and 31 May 2017

2,863

NET BOOK VALUE

At 31 May 2017

563,000

At 31 May 2016

563,000

Cost or valuation at 31 May 2017 is represented by:

Totals

£

Valuation in 2017

563,000

Cost

2,863

565,863

If the investment properties had not been revalued they would have been included at the following historical

cost:

2017

2016

£

£

Cost

402,530

402,530

The investment properties were valued on an open market basis on 31 May 2017 by the director .

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

100

Ordinary

£1

100

100

155,000

A Ordinary

£1

155,000

155,000

155,100

155,100

6.	RELATED PARTY DISCLOSURES

At the year end the following amounts were outstanding:

Amounts owed to the director £99,615 (2016: £104,698)

Amounts owed to a party connected to a director £25,809 (£23,859).