REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 30 JUNE 2021 |
|
FOR |
|
HANOVER GATE MANSIONS LTD |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 30 JUNE 2021 |
|
FOR |
|
HANOVER GATE MANSIONS LTD |
HANOVER GATE MANSIONS LTD (REGISTERED NUMBER: 04782197) |
|
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 30 June 2021 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Accountants' Report | 2 |
|
Balance Sheet | 3 |
|
Notes to the Financial Statements | 4 |
|
HANOVER GATE MANSIONS LTD |
|
COMPANY INFORMATION |
For The Year Ended 30 June 2021 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Baird House |
Seebeck Place |
Knowlhill |
Milton Keynes |
Buckinghamshire |
MK5 8FR |
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
HANOVER GATE MANSIONS LTD |
|
|
The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
|
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company from the company's accounting records and from information and explanations you have given us. |
|
This report is made solely to the Board of Directors of the company, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of the company and state those matters that we have agreed to state to the Board of Directors of the company, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
|
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of the company. You consider that the company is exempt from the statutory audit requirement for the year. |
|
We have not been instructed to carry out an audit or a review of the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
|
|
|
|
|
|
|
Baird House |
Seebeck Place |
Knowlhill |
Milton Keynes |
Buckinghamshire |
MK5 8FR |
|
|
|
HANOVER GATE MANSIONS LTD (REGISTERED NUMBER: 04782197) |
|
BALANCE SHEET |
30 June 2021 |
|
2021 | 2020 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
|
|
|
CURRENT ASSETS |
Debtors | 5 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 6 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 7 |
|
|
Special reserve | 8 |
|
|
Retained earnings | 8 |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved by the Board of Directors and authorised for issue on
|
|
|
|
|
|
|
|
HANOVER GATE MANSIONS LTD (REGISTERED NUMBER: 04782197) |
|
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 30 June 2021 |
|
|
1. | STATUTORY INFORMATION |
|
Hanover Gate Mansions Ltd is a
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Turnover |
Turnover represents lease extension fees and ground rent receivable during the year from tenants. |
|
Tangible fixed assets |
All fixed assets are initially recorded at cost. |
|
In prior periods the company has taken advantage of the provisions of Financial Reporting Standard 15 "Tangible Fixed Assets" and adopted the policy not to revalue fixed assets. |
|
In preparation of the introduction of Financial Reporting Standard 102, a revaluation of freehold property was undertaken. The company has chosen to elect this valuation of freehold property as deemed cost on transition to FRS102. |
|
Depreciation is not provided on freehold property which is not in accordance with the requirements of FRS 102. The departure is on the grounds that the depreciation charge and related accumulated depreciation balance are not material, owing to a long estimated useful life and high residual value. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was NIL (2020 - NIL). |
|
4. | TANGIBLE FIXED ASSETS |
Freehold |
property |
£ |
COST |
At 1 July 2020 |
and 30 June 2021 |
|
NET BOOK VALUE |
At 30 June 2021 |
|
At 30 June 2020 |
|
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Ground rent debtor | 608 | 870 |
Prepayments and accrued income |
|
|
|
|
HANOVER GATE MANSIONS LTD (REGISTERED NUMBER: 04782197) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 30 June 2021 |
|
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Trade creditors |
|
|
Corporation tax |
|
|
Other creditors |
|
|
Accrued expenses |
|
|
|
|
|
7. | CALLED UP SHARE CAPITAL |
|
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2021 | 2020 |
value: | £ | £ |
|
Ordinary Shares | £1 | 109 | 109 |
|
8. | RESERVES |
Retained | Special |
earnings | reserve | Totals |
£ | £ | £ |
|
At 1 July 2020 |
|
|
1,293,615 |
Profit for the year |
|
- |
|
At 30 June 2021 |
|
|
1,379,197 |