Yorkshire Rose Developments Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04511484 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2017 TO 31 MARCH 2018

FOR

YORKSHIRE ROSE DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L Batty

SECRETARY:

REGISTERED OFFICE:

22 High Road

Balby

Doncaster

DN4 0PL

REGISTERED NUMBER:

04511484 (England and Wales)

ACCOUNTANTS:

Lewis's Chartered Certified Accountants

Windsor House

44 High Road

Balby

Doncaster

South Yorkshire

DN4 0PL

FIXED ASSETS

Tangible assets

4

709

945

Investment property

5

1,250,750

1,045,500

1,251,459

1,046,445

CURRENT ASSETS

Debtors

6

11

18,217

Cash at bank

109,391

21,229

109,402

39,446

CREDITORS

Amounts falling due within one year

7

281,039

193,198

NET CURRENT LIABILITIES

(171,637

)

(153,752

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,079,822

892,693

CREDITORS

Amounts falling due after more than one year

8

884,205

803,264

NET ASSETS

195,617

89,429

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

195,517

89,329

SHAREHOLDERS' FUNDS

195,617

89,429

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2018 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.

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 30 August 2018 and were signed by:

L Batty - Director

1.	STATUTORY INFORMATION

Yorkshire Rose 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 as modified by the revaluation of certain assets.

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.

Plant and machinery etc

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value

is recognised in profit or loss.

Taxation

Taxation for the period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2017 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2017

and 31 March 2018

18,272

DEPRECIATION

At 1 July 2017

17,327

Charge for period

236

At 31 March 2018

17,563

NET BOOK VALUE

At 31 March 2018

709

At 30 June 2017

945

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2017

1,045,500

Additions

105,250

Revaluations

100,000

At 31 March 2018

1,250,750

NET BOOK VALUE

At 31 March 2018

1,250,750

At 30 June 2017

1,045,500

Fair value at 31 March 2018 is represented by:

£

Valuation in 2010

110,939

Valuation in 2013

32,400

Valuation in 2017

75,714

Valuation in 2018

100,000

Cost

931,697

1,250,750

If investment property had not been revalued it would have been included at the following historical cost:

31.3.18

30.6.17

£

£

Cost

931,697

826,447

Investment property was valued on an open market basis on 31 March 2018 by Mr. L. Batty .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

30.6.17

£

£

Other debtors

11

18,217

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

30.6.17

£

£

Taxation and social security

7,272

5,765

Other creditors

273,767

187,433

281,039

193,198

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.18

30.6.17

£

£

Bank loans

845,205

749,864

Other creditors

39,000

53,400

884,205

803,264

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

845,205

749,864

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.18

30.6.17

£

£

Bank loans

845,205

749,864

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.18

30.6.17

value:

£

£

100

Ordinary

1

100

100