Company Registration No. 09745083 (England and Wales)
HELLO TREE PROPERTIES LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2021
4 Brackley Close
Bournemouth International Airport
Christchurch
Dorset
BH23 6SE
HELLO TREE PROPERTIES LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
HELLO TREE PROPERTIES LTD
BALANCE SHEET
AS AT
31 AUGUST 2021
31 August 2021
- 1 -
2021
2020
Notes
£
£
£
£
Fixed assets
Investments
4
135,823
139,252
Current assets
Cash at bank and in hand
4,269
608
Creditors: amounts falling due within one year
5
(162,053)
(160,801)
Net current liabilities
(157,784)
(160,193)
Net liabilities
(21,961)
(20,941)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(22,061)
(21,041)
Total equity
(21,961)
(20,941)
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 August 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 28 March 2022
Mrs T S Barker
Director
Company Registration No. 09745083
HELLO TREE PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2021
- 2 -
1
Accounting policies
Company information
Hello Tree Properties Ltd is a
private
company
limited by shares
incorporated in
England and Wales
.
The registered office is
Little Garth, Wellands Road, Lyndhurst, Hampshire, SO43 7AD.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention.
1.2
Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.
The investments are assessed for impairment at each reporting date
and
any
impairment
losses or reversals of impairment losses are recognised immediately in
profit
or
loss
.
A subsidiary is an entity controlled by the company
. Control is
the power to govern the financial and operating policies of
the
entity so as to obtain benefits from its activities.
1.3
Financial instruments
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
HELLO TREE PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2021
- 3 -
3
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2021
2020
Number
Number
Total
1
1
4
Fixed asset investments
2021
2020
£
£
Shares in group undertakings and participating interests
100
100
Loans to group undertakings and participating interests
135,723
139,152
135,823
139,252
Movements in fixed asset investments
Shares in subsidiaries
Loans to subsidiaries
Total
£
£
£
Cost or valuation
At 1 September 2020
100
139,152
139,252
Movement in loan
-
(3,429)
(3,429)
At 31 August 2021
100
135,723
135,823
Carrying amount
At 31 August 2021
100
135,723
135,823
At 31 August 2020
100
139,152
139,252
5
Creditors: amounts falling due within one year
2021
2020
£
£
Other creditors
162,053
160,801