Registered number: 05001008 | ||||||||
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FOR THE YEAR ENDED 31/03/2021 | ||||||||
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Prepared By: | ||||||||
Malcolm Roussak & Co | ||||||||
Chartered Accountants | ||||||||
52 Bury Old Road | ||||||||
Whitefield | ||||||||
Manchester | ||||||||
M45 6TL |
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Home Independent Property Services Limited | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2021 | ||||||||
DIRECTORS | ||||||||
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SECRETARY | ||||||||
Michael William Taylor | ||||||||
REGISTERED OFFICE | ||||||||
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Manchester | ||||||||
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COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 05001008 | ||||||||
ACCOUNTANTS | ||||||||
Malcolm Roussak & Co | ||||||||
Chartered Accountants | ||||||||
52 Bury Old Road | ||||||||
Whitefield | ||||||||
Manchester | ||||||||
M45 6TL |
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Home Independent Property Services Limited | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2021 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
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Home Independent Property Services Limited | ||||||||
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BALANCE SHEET AT
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2021 | 2020 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 |
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CURRENT ASSETS | ||||||||||
Debtors | 3 |
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Cash at bank and in hand |
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132,251 | 59,884 | |||||||||
CREDITORS: Amounts falling due within one year | 4 |
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NET CURRENT ASSETS |
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36,068 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
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CREDITORS: Amounts falling due after more than one year | 5 | 42,500 | - | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 |
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NET ASSETS |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 |
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Profit and loss account | 41,493 | 40,456 | ||||||||
SHAREHOLDERS' FUNDS |
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Approved by the board on
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............................. | ||||||||||
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Director | ||||||||||
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Home Independent Property Services Limited | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2021 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
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Plant and Machinery | straight line 33% | |||||||
Fixtures and Fittings | reducing balance 25% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
2. TANGIBLE FIXED ASSETS | ||||
Plant and | ||||
Machinery Etc. | Total | |||
£ | £ | |||
Cost | ||||
At 01/04/2020 | 106,633 | 106,633 | ||
Additions | 1,273 | 1,273 | ||
At 31/03/2021 | 107,906 | 107,906 | ||
Depreciation | ||||
At 01/04/2020 | 98,747 | 98,747 | ||
For the year | 2,765 | 2,765 | ||
At 31/03/2021 | 101,512 | 101,512 | ||
Net Book Amounts | ||||
At 31/03/2021 | 6,394 | 6,394 | ||
At 31/03/2020 | 7,886 | 7,886 | ||
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Home Independent Property Services Limited | ||||||||
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3. DEBTORS | 2021 | 2020 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
Trade debtors | 9,987 | 9,106 | ||||||
Other debtors |
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4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2021 | 2020 | |||||||
£ | £ | |||||||
Bank loans and overdrafts |
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Trade creditors | 16,136 | 3,632 | ||||||
Taxation and social security | 26,418 | 18,878 | ||||||
Other creditors | 1,383 | 1,306 | ||||||
51,437 | 23,816 | |||||||
Creditors under one year relate to a bank loan repayable by equal instalments over 5 years. There are nine capital repayments to be made during the year. Interest is charged at 2.5% pa. on the reducing balance and commences on 22 June 2021. | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2021 | 2020 | |||||||
£ | £ | |||||||
Bank loans and overdrafts | 42,500 | - | ||||||
42,500 | - | |||||||
Creditors after one year relate to a bank loan repayable by equal instalments over 5 years. The capital repayments to be made are as follows: £10,000 1-2 years and £32,500 2-5 years. Interest is charged at 2.5% pa. on the reducing balance. | ||||||||
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Home Independent Property Services Limited | ||||||||
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6. EMPLOYEES | ||||||
2021 | 2020 | |||||
No. | No. | |||||
Average number of employees |
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7 | ||||
7. PROVISIONS FOR LIABILITIES | 2021 | 2020 | ||||||
£ | £ | |||||||
Deferred taxation | 1,215 | 1,498 | ||||||
1,215 | 1,498 | |||||||
8. SHARE CAPITAL | 2021 | 2020 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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2,000 | 2,000 | ||||||
2,000 | 2,000 | |||||||