Hill Canvey Island Limited 31/03/2018 iXBRL

Hill Canvey Island Limited 31/03/2018 iXBRL

HILL CANVEY ISLAND LIMITED - Company Information

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31/03/2018 2018-03-31 false false false false false false false false false false true false false true false false false false false false false false No description of principal activities is disclosed 2017-04-01 Sage Accounts Production 18.30 - FRS xbrli:pure xbrli:shares iso4217:GBP 06323916 2017-04-01 2018-03-31 06323916 2018-03-31 06323916 2016-04-01 2017-03-31 06323916 2017-03-31 06323916 bus:Director1 2017-04-01 2018-03-31 06323916 core:WithinOneYear 2018-03-31 06323916 core:WithinOneYear 2017-03-31 06323916 core:ShareCapital 2018-03-31 06323916 core:ShareCapital 2017-03-31 06323916 core:RetainedEarningsAccumulatedLosses 2018-03-31 06323916 core:RetainedEarningsAccumulatedLosses 2017-03-31 06323916 bus:Director1 2017-03-31 06323916 bus:Director1 2018-03-31 06323916 bus:Director1 2016-03-31 06323916 bus:Director1 2017-03-31 06323916 bus:Director1 2016-04-01 2017-03-31 06323916 bus:SmallEntities 2017-04-01 2018-03-31 06323916 bus:AuditExempt-NoAccountantsReport 2017-04-01 2018-03-31 06323916 bus:FullAccounts 2017-04-01 2018-03-31 06323916 bus:SmallCompaniesRegimeForAccounts 2017-04-01 2018-03-31 06323916 bus:PrivateLimitedCompanyLtd 2017-04-01 2018-03-31 06323916 1 2017-04-01 2018-03-31
Company registration number: 06323916
Hill Canvey Island Limited
Unaudited filleted financial statements
31 March 2018
Hill Canvey Island Limited
Contents
Balance sheet
Notes to the financial statements
Hill Canvey Island Limited
Balance sheet
31 March 2018
2018 2017
Note £ £ £ £
Current assets
Debtors 5 7,694 7,355
Cash at bank and in hand 1,438 322
_______ _______
9,132 7,677
Creditors: amounts falling due
within one year 6 ( 5,759) ( 4,583)
_______ _______
Net current assets 3,373 3,094
_______ _______
Total assets less current liabilities 3,373 3,094
_______ _______
Net assets 3,373 3,094
_______ _______
Capital and reserves
Called up share capital 1 1
Profit and loss account 3,372 3,093
_______ _______
Shareholders funds 3,373 3,094
_______ _______
For the year ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 07 September 2018 , and are signed on behalf of the board by:
Mr M Hill
Director
Company registration number: 06323916
Hill Canvey Island Limited
Notes to the financial statements
Year ended 31 March 2018
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Elsinor Avenue, Canvey Island, Essex, SS8 9DZ.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2017: 1 ).
5. Debtors
2018 2017
£ £
Other debtors 7,694 7,355
_______ _______
6. Creditors: amounts falling due within one year
2018 2017
£ £
Trade creditors 515 -
Corporation tax 4,170 3,354
Social security and other taxes 100 113
Other creditors 974 1,116
_______ _______
5,759 4,583
_______ _______
7. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2018
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mr M Hill ( 601) 167 ( 434)
_______ _______ _______
2017
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mr M Hill ( 827) 226 ( 601)
_______ _______ _______
8. Controlling party
The company is controlled by Mr M Hill (Director), by virtue of his shareholding.