TAME_VALLEY_LIMITED - Accounts


Company Registration No. 03056124 (England and Wales)
TAME VALLEY LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2018
PAGES FOR FILING WITH REGISTRAR
TAME VALLEY LIMITED
COMPANY INFORMATION
Directors
A J Joseph
J M Joseph
Secretary
I P Stoner
Company number
03056124
Registered office
6th Floor Cardinal House
20 St Mary's Parsonage
Manchester
M3 2LG
Auditor
Lopian Gross Barnett & Co
6th Floor Cardinal House
20 St Mary's Parsonage
Manchester
M3 2LG
Business address
1 Tabley Mews
Off Stamford Street
ALTRINCHAM
WA14 1DA
Bankers
National Westminister Bank plc
Spinningfields Square
182 Deansgate
Manchester
M3 3LY
TAME VALLEY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
TAME VALLEY LIMITED
BALANCE SHEET
AS AT
30 APRIL 2018
30 April 2018
- 1 -
2018
2017
Notes
£
£
£
£
Current assets
Debtors
3
25,216
25,216
Cash at bank and in hand
81
154
25,297
25,370
Net current assets
25,297
25,370
Capital and reserves
Called up share capital
4
100
100
Profit and loss reserves
25,197
25,270
Total equity
25,297
25,370

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.

The financial statements were approved by the board of directors and authorised for issue on 24 January 2019 and are signed on its behalf by:
J M Joseph
Director
Company Registration No. 03056124
TAME VALLEY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2018
- 2 -
1
Accounting policies
Company information

Tame Valley Limited is a private company limited by shares incorporated in England and Wales. The registered office is 6th Floor Cardinal House, 20 St Mary's Parsonage, Manchester, M3 2LG.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Cash at bank and in hand

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.3
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

1.4
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

TAME VALLEY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2018
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 2 (2017 - 2).

3
Debtors
2018
2017
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
25,216
25,216
4
Called up share capital
2018
2017
£
£
Ordinary share capital
Issued and fully paid
100Ordinary shares of £1 each
100
100
100
100
5
Audit report information

As the income statement has been omitted from the filing copy of the financial statements the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

The senior statutory auditor was David Lopian BSc FCA.
The auditor was Lopian Gross Barnett & Co.
2018-04-302017-05-01falseCCH SoftwareCCH Accounts Production 2018.300No description of principal activity24 January 2019This audit opinion is unqualifiedA J JosephJ M JosephMr I P Stoner030561242017-05-012018-04-3003056124bus:Director12017-05-012018-04-3003056124bus:Director22017-05-012018-04-3003056124bus:CompanySecretary12017-05-012018-04-3003056124bus:RegisteredOffice2017-05-012018-04-3003056124bus:Agent12017-05-012018-04-30030561242018-04-30030561242017-04-3003056124core:ShareCapital2018-04-3003056124core:ShareCapital2017-04-3003056124core:RetainedEarningsAccumulatedLosses2018-04-3003056124core:RetainedEarningsAccumulatedLosses2017-04-3003056124core:ShareCapitalOrdinaryShares2018-04-3003056124core:ShareCapitalOrdinaryShares2017-04-3003056124core:CurrentFinancialInstruments2017-04-3003056124bus:OrdinaryShareClass12017-05-012018-04-3003056124bus:OrdinaryShareClass12018-04-3003056124bus:PrivateLimitedCompanyLtd2017-05-012018-04-3003056124bus:FRS1022017-05-012018-04-3003056124bus:Audited2017-05-012018-04-3003056124bus:SmallCompaniesRegimeForAccounts2017-05-012018-04-3003056124bus:FullAccounts2017-05-012018-04-30xbrli:purexbrli:sharesiso4217:GBP