|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 31st March 2019 |
|
for |
|
MARCHFIELD PROPERTIES LIMITED |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 31st March 2019 |
|
for |
|
MARCHFIELD PROPERTIES LIMITED |
MARCHFIELD PROPERTIES LIMITED (REGISTERED NUMBER: 05039267) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the year ended 31st March 2019 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
Report of the Accountants | 5 |
MARCHFIELD PROPERTIES LIMITED |
|
Company Information |
for the year ended 31st March 2019 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Springfield House |
99/101 Crossbrook Street |
Cheshunt |
Waltham Cross |
Hertfordshire |
EN8 8JR |
MARCHFIELD PROPERTIES LIMITED (REGISTERED NUMBER: 05039267) |
|
Balance Sheet |
31st March 2019 |
|
2019 | 2018 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks |
|
|
Debtors | 4 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 5 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one
year |
6 |
|
|
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Retained earnings |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
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. |
|
|
|
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
|
|
|
|
|
|
|
MARCHFIELD PROPERTIES LIMITED (REGISTERED NUMBER: 05039267) |
|
Notes to the Financial Statements |
for the year ended 31st March 2019 |
|
1. | STATUTORY INFORMATION |
|
Marchfield Properties Limited is a
|
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 |
|
|
Turnover |
Turnover represents sales of properties recognised on exchange of contracts and rental income, excluding value |
added tax. |
|
Stocks |
Stocks of land and property are valued at the lower of cost and net realisable value. Cost includes all direct |
expenditure and attributable overheads. |
|
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to profit or loss in the period to which they relate. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade debtors |
|
|
|
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
6. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
2019 | 2018 |
£ | £ |
Bank loans |
|
|
|
7. | RELATED PARTY DISCLOSURES |
|
During the year Marchfield Group Limited, the parent company, charged management fees of £0 (2018 - £6,000) |
to the company. |
|
During the year Marchfield Homes Limited, a fellow subsidiary, charged costs of £71,469.89 (2018 - £54,922) |
to the company. |
MARCHFIELD PROPERTIES LIMITED (REGISTERED NUMBER: 05039267) |
|
Notes to the Financial Statements - continued |
for the year ended 31st March 2019 |
|
8. | ULTIMATE CONTROLLING PARTY |
|
The controlling party is Marchfield Properties HoldingsLimited. |
MARCHFIELD PROPERTIES LIMITED |
|
Report of the Accountants to the Directors of |
Marchfield Properties Limited |
|
The following reproduces the text of the report prepared for the directors in respect of the company's annual |
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file |
a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the |
Report of the Directors are not required to be filed with the Registrar of Companies. |
|
As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st March 2019 set out on pages nil to nil and you consider that the company is exempt from an audit. |
|
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
|
|
|
|
|
|
|
Springfield House |
99/101 Crossbrook Street |
Cheshunt |
Waltham Cross |
Hertfordshire |
EN8 8JR |
|
|
|