Registration number:
Laws Properties Limited
for the Period from 20 July 2017 to 31 July 2018
1a Berkeley Court
Berkeley Vale
Falmouth
Cornwall
TR11 3PB
Laws Properties Limited
Contents
Company Information |
|
Balance Sheet |
|
Notes to the Financial Statements |
Laws Properties Limited
Company Information
Directors |
Mr IS Laws Mrs SE Laws |
Registered office |
|
Accountants |
|
Page 1 |
Laws Properties Limited
(Registration number: 10876751)
Balance Sheet as at 31 July 2018
Note |
2018 |
|
Fixed assets |
||
Investment property |
|
|
Current assets |
||
Debtors |
|
|
Creditors: Amounts falling due within one year |
( |
|
Net current liabilities |
( |
|
Net liabilities |
( |
|
Capital and reserves |
||
Called up share capital |
|
|
Profit and loss account |
( |
|
Total equity |
( |
For the financial period ending 31 July 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Page 2 |
Laws Properties Limited
(Registration number: 10876751)
Balance Sheet as at 31 July 2018
Approved and authorised by the
.........................................
Director
.........................................
Director
Page 3 |
Laws Properties Limited
Notes to the Financial Statements for the Period from 20 July 2017 to 31 July 2018
General information |
The company is a private company limited by share capital, incorporated in England and Wale.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis, which assumes that the company will continue in existence for the foreseeable future. The validity of this assumption depends upon the continued support of the company's directors, who have loaned the company funds. The directors have confirmed that they will not request repayment unless the company has the funds available to meet the request.
Investment property
Page 4 |
Laws Properties Limited
Notes to the Financial Statements for the Period from 20 July 2017 to 31 July 2018
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Investment properties |
2018 |
|
Additions |
|
There has been no valuation of investment property by an independent valuer, as the property is in the course of being refurbished.
Page 5 |