Thurleigh Developments Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 07703886 (England and Wales)

Financial Statements for the Year Ended 31 July 2017

for

Thurleigh Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G A Burns

P G Milner

M Goldstein

SECRETARY:

Mornington Secretaries Limited

REGISTERED OFFICE:

The Roma Building

32-38 Scrutton Street

Bishopsgate

London

EC2A 4RQ

REGISTERED NUMBER:

07703886 (England and Wales)

Fixed assets

Property, plant and equipment

3

7,000

875,000

Current assets

Debtors

4

430,025

1,822,726

Cash at bank

183,006

9,950

613,031

1,832,676

Creditors

Amounts falling due within one year

5

110,358

2,678,311

Net current assets/(liabilities)

502,673

(845,635

)

Total assets less current liabilities

509,673

29,365

Capital and reserves

Called up share capital

6

2

2

Retained earnings

509,671

29,363

Shareholders' funds

509,673

29,365

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 24 April 2018 and were signed on its behalf by:

M Goldstein - Director

1.	Statutory information

Thurleigh 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 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

Revenue 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.	Property, plant and equipment

Land and

buildings

£

Cost

At 1 August 2016

875,000

Disposals

(868,000

)

At 31 July 2017

7,000

Net book value

At 31 July 2017

7,000

At 31 July 2016

875,000

4.

Debtors

2017

2016

£

£

Amounts falling due within one year:

Other debtors

429,725

1,822,726

Amounts falling due after more than one year:

Trade debtors

300

-

Aggregate amounts

430,025

1,822,726

5.

Creditors: amounts falling due within one year

2017

2016

£

£

Taxation and social security

110,088

12,810

Other creditors

270

2,665,501

110,358

2,678,311

6.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

2

Ordinary

£1

2

2