Ewood Properties Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 08577850 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st July 2017

for

Ewood Properties Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTOR:

C M Chippendale

REGISTERED OFFICE:

14 Railway Street

Chelmsford

Essex

CM1 1QS

REGISTERED NUMBER:

08577850 (England and Wales)

ACCOUNTANTS:

Leggatt Bell Ltd

14 Railway Street

Chelmsford

Essex

CM1 1QS

FIXED ASSETS

Tangible assets

4

229,534

229,534

CURRENT ASSETS

Debtors

257

242

Cash at bank

534

1,995

791

2,237

CREDITORS

Amounts falling due within one year

70,136

71,152

NET CURRENT LIABILITIES

(69,345

)

(68,915

)

TOTAL ASSETS LESS CURRENT LIABILITIES

160,189

160,619

CREDITORS

Amounts falling due after more than one year

5

177,344

171,775

NET LIABILITIES

(17,155

)

(11,156

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(17,157

)

(11,158

)

(17,155

)

(11,156

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 Income Statement and an abridged Balance Sheet for the year ended 31st July 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 12th April 2018 and were signed by:

C M Chippendale - Director

1.	STATUTORY INFORMATION

Ewood Properties 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.

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.

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

At 1st August 2016

and 31st July 2017

241,049

DEPRECIATION

At 1st August 2016

and 31st July 2017

11,515

NET BOOK VALUE

At 31st July 2017

229,534

At 31st July 2016

229,534

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31/7/17

31/7/16

£

£

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

177,344

171,775

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st July 2017 and

31st July 2016:

31/7/17

31/7/16

£

£

C M Chippendale

Balance outstanding at start of year

68,797

67,400

Amounts advanced

7,004

1,397

Amounts repaid

(7,392

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

68,409

68,797

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C M Chippendale.

The following reproduces the text of the report prepared for the director in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only

required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain

other primary statements and the Report of the Director are not required to be filed with the Registrar

of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st July 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Leggatt Bell Ltd

14 Railway Street

Chelmsford

Essex

CM1 1QS

12th April 2018