Tranquilla Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 07541143 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2018

FOR

TRANQUILLA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N R Tilly

Mrs C A Mitchell

REGISTERED OFFICE:

46 Hamilton Square

Birkenhead

Merseyside

CH41 5AR

REGISTERED NUMBER:

07541143 (England and Wales)

ACCOUNTANTS:

McLintocks Limited

Chartered Accountants

46 Hamilton Square

Birkenhead

Merseyside

CH41 5AR

FIXED ASSETS

Investment property

4

308,856

308,856

CURRENT ASSETS

Debtors

5

-

300

Cash at bank

5,029

3,222

5,029

3,522

CREDITORS

Amounts falling due within one year

6

315,513

313,829

NET CURRENT LIABILITIES

(310,484

)

(310,307

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,628

)

(1,451

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(1,629

)

(1,452

)

SHAREHOLDERS' FUNDS

(1,628

)

(1,451

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 29 November 2018 and were signed on its behalf by:

N R Tilly - Director

1.	STATUTORY INFORMATION

Tranquilla 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for rent

due in the year.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2017

and 28 February 2018

308,856

NET BOOK VALUE

At 28 February 2018

308,856

At 28 February 2017

308,856

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

-

300

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Taxation and social security

6

835

Other creditors

315,507

312,994

315,513

313,829