Company Registration No. 03659957 (England and Wales)
WALTHAM CROSS INVESTMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2019
PAGES FOR FILING WITH REGISTRAR
WALTHAM CROSS INVESTMENTS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
WALTHAM CROSS INVESTMENTS LIMITED
BALANCE SHEET
AS AT
30 JUNE 2019
30 June 2019
- 1 -
2019
2018
Notes
£
£
£
£
Current assets
Debtors
2
1,979
31,538
Cash at bank and in hand
7,799
5,473
9,778
37,011
Creditors: amounts falling due within one year
3
(1,956)
(47,666)
Net current assets/(liabilities)
7,822
(10,655)
Capital and reserves
Called up share capital
5
2
2
Retained Earnings
7,820
(10,657)
Total equity
7,822
(10,655)
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 30 June 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
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 and signed by the director and authorised for issue on 13 May 2020
Mr S P Gillies
Director
Company Registration No. 03659957
WALTHAM CROSS INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2019
- 2 -
1
Accounting policies
Company information
Waltham Cross Investments Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
228 Bournemouth Road, Chandler's Ford, Eastleigh, SO53 3AF.
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 a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
2
Debtors
2019
2018
Amounts falling due within one year:
£
£
Other debtors
1,979
31,538
3
Creditors: amounts falling due within one year
2019
2018
£
£
Trade creditors
-
46,166
Other creditors
1,956
1,500
1,956
47,666
WALTHAM CROSS INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2019
- 3 -
4
Securities
The Royal Bank of Scotland PLC holds a charge of deposit over all deposits now and future credits in respect of all liabilities due or becoming due to the bank.
The Royal Bank of Scotland PLC holds a charge of deposit for £60,000 in respect of all liabilities due or becoming due to the bank.
The Royal Bank of Scotland PLC holds a legal charge over all property and related assets in respect of all liabilities due or becoming due to the bank.
The Royal Bank of Scotland PLC holds a second fixed legal charge over all property and related assets in respect of all liabilities due or becoming due to the bank.
The Royal Bank of Scotland PLC holds a debenture including a fixed and floating charge over all assets of the company in respect of all liabilities due or becoming due to the bank.
The National Westminister Bank PLC holds a legal mortgage over all freehold property and related assets held by the company in respect of all present and future, actual or contingent liabilities due to the bank.
5
Called up share capital
2019
2018
£
£
Ordinary share capital
Issued and fully paid
2 Ordinary Shares of £1 each
2
2
6
Related party transactions
Transactions with related parties
During the year the company entered into the following transactions with related parties:
The following amounts were outstanding at the reporting end date:
2019
2018
Amounts due to related parties
£
£
Other related parties
46,166
The following amounts were outstanding at the reporting end date:
2019
2018
Amounts due from related parties
£
£
Other related parties
12,559