Ashland New Homes Limited - Accounts to registrar (filleted) - small 17.3
Ashland New Homes Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 October 2017 |
| for |
| Ashland New Homes Limited |
| Ashland New Homes Limited (Registered number: 09621941) |
| Contents of the Financial Statements |
| for the Year Ended 31 October 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Ashland New Homes Limited |
| Company Information |
| for the Year Ended 31 October 2017 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| BUSINESS ADDRESS: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| The Mills |
| Canal Street |
| Derby |
| DE1 2RJ |
| Ashland New Homes Limited (Registered number: 09621941) |
| Balance Sheet |
| 31 October 2017 |
| 2017 | 2016 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Stocks |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
| The financial statements were approved by the Board of Directors on behalf by: |
| Ashland New Homes Limited (Registered number: 09621941) |
| Notes to the Financial Statements |
| for the Year Ended 31 October 2017 |
| 1. | STATUTORY INFORMATION |
| Ashland New Homes Limited is a |
| 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 |
| Stock and work in progress |
| Stock and work in progress represents the cost of land, all relevant development costs and attributable |
| overheads to date, valued at the lower of cost and net realisable value. |
| Cost represents the invoiced cost of materials and services. |
| Net realisable value is based upon the estimated selling price less further costs expected to be |
| incurred to completion and disposal. |
| Deferred tax |
| Provision is made at current rates for taxation deferred in respect of all material timing differences. |
| A deferred tax asset is recognised only when it is more likely than not that there will be suitable taxable |
| profits from which the future reversal of underlying timing differences and losses can be deducted. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Other debtors |
| Prepayments |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade creditors |
| Social security and other taxes |
| Directors' current accounts | 579,576 | 184,131 |
| Accrued expenses |