for the Period Ended 30 June 2017
Company Information - 3 | |
Report of the Directors - 4 | |
Profit and Loss Account - 5 | |
Balance sheet - 6 | |
Additional notes - 8 | |
Balance sheet notes - 9 |
for the Period Ended 30 June 2017
Director: |
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Secretary: |
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Registered office: |
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Company Registration Number: |
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The directors present their report with the financial statements of the company for the period ended 30 June 2017
Principal Activities
Directors
The director(s) shown below were appointed to the company during the period
Secretary
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
for the Period Ended 30 June 2017
Notes |
7 months to 30 Jun 2017 £ |
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Turnover |
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Cost of sales |
( |
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Gross Profit or (Loss) |
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Distribution Costs |
( |
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Administrative Expenses |
( |
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Other operating income |
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Operating Profit or (Loss) |
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Interest Payable and Similar Charges |
( |
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Profit or (Loss) Before Tax |
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Tax on Profit |
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Profit or (Loss) for Period |
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The notes form part of these financial statements
As at
Notes |
7 months to 30 Jun 2017 £ |
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Fixed assets | ||
Tangible assets: | 2 |
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Total fixed assets: |
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Current assets | ||
Debtors: | 3 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 4 |
( |
Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 5 |
( |
Total net assets (liabilities): |
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The notes form part of these financial statements
As at 30 June 2017
Notes |
7 months to 30 Jun 2017 £ |
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Capital and reserves | ||
Called up share capital: |
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Profit and loss account: |
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Shareholders funds: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 June 2017
Basis of measurement and preparation
In preparing these financial statements, the Company applies the recognition, measurement and disclosure requirements of International Financial Reporting Standards as adopted by the EU (“Adopted IFRSs”), but makes amendments where necessary in order to comply with Companies Act 2006 and has set out below where advantage of the FRS 101 disclosure exemptions has been taken.
In these financial statements, the Company has applied the exemptions available under FRS 101.
These financial statements have been prepared under the historical cost convention, except for the revaluation of investment property.
for the Period Ended 30 June 2017
Land & buildings | Total | |
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Cost | £ | £ |
Additions |
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Disposals | - | - |
Revaluations |
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Transfers | - | - |
At 30 June 2017 |
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Depreciation | ||
Charge for year | - | - |
On disposals | - | - |
Other adjustments | - | - |
At 30 June 2017 | - | - |
Net book value | ||
At 30 June 2017 |
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for the Period Ended 30 June 2017
7 months to 30 Jun 2017 £ |
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Prepayments and accrued income |
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Other debtors |
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Total |
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for the Period Ended 30 June 2017
7 months to 30 Jun 2017 £ |
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Trade creditors |
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Accruals and deferred income |
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Other creditors |
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Total |
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The amount owed to New Waverley 10 Limited, is unsecured, interest free and repayable on demand.
for the Period Ended 30 June 2017
7 months to 30 Jun 2017 £ |
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Other creditors |
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Total |
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for the Period Ended 30 June 2017
- A Land Sales Agreement & Development Funding Agreement was entered in to with the purchaser on 17 October 2017.
- Since the 30 June 2017 the land has been impaired by the value of £3,733,628, it was noted this was due to an adjustment in the value of the land following agreement with the purchaser.
- The Intercompany loan with MAS Mezzi Limited was repaid on 8 December 2017.