SUTHERLAND WISBEY & COLE LTD

Company Registration Number:
05378397 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

SUTHERLAND WISBEY & COLE LTD

Contents of the Financial Statements

for the Period Ended 31 March 2018

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 9

SUTHERLAND WISBEY & COLE LTD

Company Information

for the Period Ended 31 March 2018




Director: Alan Cole
Janine Sutherland
Zena Wisbey
Registered office: 8
Stonehill Close
Great Bookham
Surrey
KT23 3DY
Company Registration Number: 05378397 (England and Wales)

SUTHERLAND WISBEY & COLE LTD

Directors' Report Period Ended 31 March 2018

The directors present their report with the financial statements of the company for the period ended 31 March 2018

Principal Activities

Property Rental

Political and charitable donations

None

Company policy on the employment of disabled persons

None

Directors

The directors shown below have held office during the whole of the period from 01 April 2017 to 31 March 2018
Alan Cole
Janine Sutherland
Zena Wisbey

This report was approved by the board of directors on 5 November 2018
And Signed On Behalf Of The Board By:

Name: Alan Cole
Status: Director

SUTHERLAND WISBEY & COLE LTD

Profit and Loss Account

for the Period Ended 31 March 2018


Notes

2018
£

2017
£
Turnover 48,876 48,908
Cost of sales (9,952) (5,941)
Gross Profit or (Loss) 38,924 42,967
Administrative Expenses (39,857) (36,364)
Other operating income - 100
Operating Profit or (Loss) (933) 6,703
Profit or (Loss) Before Tax (933) 6,703
Profit or (Loss) for Period (933) 6,703

The notes form part of these financial statements

SUTHERLAND WISBEY & COLE LTD

Balance sheet

As at 31 March 2018


Notes

2018
£

2017
£
Fixed assets
Tangible assets: 2 1,326,485 1,272,960
Total fixed assets: 1,326,485 1,272,960
Current assets
Cash at bank and in hand: 518 334
Total current assets: 518 334
Creditors: amounts falling due within one year: 3 ( 7,034 ) ( 8,250 )
Net current assets (liabilities): ( 6,516 ) ( 7,916 )
Total assets less current liabilities: 1,319,969 1,265,044
Creditors: amounts falling due after more than one year: 4 ( 306,458 ) ( 316,640 )
Total net assets (liabilities): 1,013,511 948,404

The notes form part of these financial statements

SUTHERLAND WISBEY & COLE LTD

Balance sheet continued

As at 31 March 2018


Notes

2018
£

2017
£
Capital and reserves
Called up share capital: 358,851 346,335
Revaluation reserve: 5 644,267 590,742
Profit and loss account: 10,393 11,327
Shareholders funds: 1,013,511 948,404

For the year ending 31 March 2018 the company was entitled to exemption 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.

This report was approved by the board of directors on 5 November 2018
And Signed On Behalf Of The Board By:

Name: Alan Cole
Status: Director

The notes form part of these financial statements

SUTHERLAND WISBEY & COLE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2018

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is entirely from property rental

    Tangible fixed assets depreciation policy

    There is no depreciation policy

SUTHERLAND WISBEY & COLE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Tangible assets

Land & buildings Total
Cost £ £
At 01 April 2017 1,272,960 1,272,960
Additions - -
Disposals - -
Revaluations 53,525 53,525
Transfers - -
At 31 March 2018 1,326,485 1,326,485
Depreciation
At 01 April 2017 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 March 2018 - -
Net book value
At 31 March 2018 1,326,485 1,326,485
At 31 March 2017 1,272,960 1,272,960

SUTHERLAND WISBEY & COLE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2018

3.Creditors: amounts falling due within one year note


2018
£

2017
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 540 540
Other creditors 6,494 7,710
Total 7,034 8,250

SUTHERLAND WISBEY & COLE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2018

4.Creditors: amounts falling due after more than one year


2018
£

2017
£
Other creditors 306,458 316,640
Total 306,458 316,640

SUTHERLAND WISBEY & COLE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2018

5. Revaluation reserve


2018
£
Balance at 01 April 2017 590,742
Surplus or deficit after revaluation 53,525
Balance at 31 March 2018 644,267