Company Registration No. 10387869 (England and Wales)
INTOWNPROPERTIES LTD
Unaudited accounts
for the year ended 31 December 2018
INTOWNPROPERTIES LTD
Unaudited accounts
Contents
INTOWNPROPERTIES LTD
Company Information
for the year ended 31 December 2018
Directors
Francis O'Regan
Gillian O'Regan
Company Number
10387869 (England and Wales)
Registered Office
THE COTTAGE 10 STATION ROAD
MERSTHAM
REDHILL
SURREY
RH1 3EE
Accountants
Aviero LLP
27 Old Gloucester Street
London
WC1N 3AX
INTOWNPROPERTIES LTD
Statement of financial position
as at
31 December 2018
Investment property
227,586
-
Cash at bank and in hand
7,395
-
Creditors: amounts falling due within one year
(79,548)
-
Net current liabilities
(72,153)
-
Total assets less current liabilities
155,433
-
Creditors: amounts falling due after more than one year
(163,479)
-
Net liabilities
(8,046)
-
Called up share capital
1
-
Profit and loss account
(8,047)
-
Shareholders' funds
(8,046)
-
For the year ending 31 December 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 20 February 2019.
Gillian O'Regan
Director
Company Registration No. 10387869
INTOWNPROPERTIES LTD
Notes to the Accounts
for the year ended 31 December 2018
INTOWNPROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 10387869. The registered office is THE COTTAGE 10 STATION ROAD, MERSTHAM, REDHILL, SURREY, RH1 3EE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 December 2018 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 21 September 2016.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investment property
2018
At 31 December 2018
227,586
Investment properties are carried at cost and include legal and similar costs associated with the purchase.
5
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
2,076
-
Loans from directors
76,576
-
6
Creditors: amounts falling due after more than one year
2018
2017
INTOWNPROPERTIES LTD
Notes to the Accounts
for the year ended 31 December 2018
7
Average number of employees
During the year the average number of employees was 2 (2017: 2).