Registration number:
Golfview Limited
for the Year Ended 30 September 2018
Chartered Accountants, Statutory Auditors & Chartered Tax Advisors
49 Station Road
Ainsdale
Merseyside
PR8 3HH
Golfview Limited
Profit and Loss Account for the Year Ended 30 September 2018
The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
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Golfview Limited
(Registration number: 09232195)
Balance Sheet as at 30 September 2018
Note |
2018 |
2017 |
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Fixed assets |
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Tangible assets |
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Capital and reserves |
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Called up share capital |
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Total equity |
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For the financial year ending 30 September 2018 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved and authorised by the
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Director
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Golfview Limited
Notes to the Financial Statements for the Year Ended 30 September 2018
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
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.
Investment property
No depreciation is provided in respect of investment properties and they are revalued annually. The surplus or deficit on revaluation is transferred to the the profit and loss account for the year.
This treatment as regards the company's investment properties may be a departure from the requirements of the Companies Act concerning the depreciation of fixed assets. However, these properties are not held for consumption but for investment and the directors consider that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.
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.
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Golfview Limited
Notes to the Financial Statements for the Year Ended 30 September 2018
Financial instruments
Tangible assets |
Land and buildings |
Total |
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Cost or valuation |
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At 1 October 2017 |
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At 30 September 2018 |
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Depreciation |
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Carrying amount |
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At 30 September 2018 |
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At 30 September 2017 |
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Included within the net book value of land and buildings above is £200,000 (2017 - £200,000) in respect of freehold land and buildings.
Share capital |
Allotted, called up and fully paid shares
2018 |
2017 |
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No. |
£ |
No. |
£ |
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200,000 |
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200,000 |
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