King Street (Cheshire)Properties Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04617042

Financial Statements

for the Year Ended 31 December 2017

for

King Street (Cheshire)

Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Lappin

E Taylor

S Towers

R McFarlane

REGISTERED OFFICE:

One St Peter's Square

Manchester

M2 3DE

REGISTERED NUMBER:

04617042

ACCOUNTANTS:

R.G. Beattie & Co Ltd

Chartered Certified Accountants

121 Moffat Street

Glasgow

G5 OND

FIXED ASSETS

Tangible assets

3

2,842,734

2,303,862

Investments

4

1,000

1,000

2,843,734

2,304,862

CURRENT ASSETS

Debtors

5

47,636

47,636

Cash at bank and in hand

10,025

10,025

57,661

57,661

CREDITORS

Amounts falling due within one year

6

1,674,684

1,135,812

NET CURRENT LIABILITIES

(1,617,023

)

(1,078,151

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,226,711

1,226,711

CAPITAL AND RESERVES

Called up share capital

3,270,161

3,270,161

Retained earnings

(2,043,450

)

(2,043,450

)

SHAREHOLDERS' FUNDS

1,226,711

1,226,711

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 28 September 2018 and were signed on its behalf by:

S Towers - Director

1.	STATUTORY INFORMATION

King Street (Cheshire) Properties Limited is a private company, limited by shares , registered in Not

specified/Other. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	TANGIBLE FIXED ASSETS

Land in

the

course of

development

£

COST

At 1 January 2017

2,303,862

Additions

538,872

At 31 December 2017

2,842,734

NET BOOK VALUE

At 31 December 2017

2,842,734

At 31 December 2016

2,303,862

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2017

and 31 December 2017

1,000

NET BOOK VALUE

At 31 December 2017

1,000

At 31 December 2016

1,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Prepayments and accrued income

47,636

47,636

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade creditors

7,000

7,000

Amounts owed to group undertakings

1,631,282

158,905

Tax

194

194

VAT

2,855

2,855

Directors' current accounts

33,353

966,858

1,674,684

1,135,812