Registration number:
Horsted Keynes Property Limited
for the Period from 5 May 2016 to 31 March 2017
10 Scandia-Hus Business Pk
Felcourt Road
Felcourt
East Grinstead
West Sussex
RH19 2LP
Horsted Keynes Property Limited
Contents
Company Information |
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Accountants' Report |
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Balance Sheet |
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Notes to the Financial Statements |
Horsted Keynes Property Limited
Company Information
Director |
Mr Mark Anthony Ticktum |
Registered office |
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Accountants |
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Page 1 |
Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Horsted Keynes Property Limited
for the Period Ended 31 March 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Horsted Keynes Property Limited for the period ended 31 March 2017 as set out on pages 3 to 5 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 Horsted Keynes Property Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Horsted Keynes Property Limited and state those matters that we have agreed to state to the Board of Directors of Horsted Keynes Property Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Horsted Keynes Property Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Horsted Keynes Property Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of Horsted Keynes Property Limited. You consider that Horsted Keynes Property Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Horsted Keynes Property Limited. 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 accounts.
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Felcourt Road
Felcourt
East Grinstead
West Sussex
RH19 2LP
Page 2 |
Horsted Keynes Property Limited
(Registration number: 10164565)
Balance Sheet as at 31 March 2017
Note |
2017 |
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Fixed assets |
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Investments |
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Creditors: Amounts falling due within one year |
( |
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Net 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 period ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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 financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
.........................................
Mr Mark Anthony Ticktum
Director
Page 3 |
Horsted Keynes Property Limited
Notes to the Financial Statements for the Period from 5 May 2016 to 31 March 2017
General information |
The company is a private company limited by share capital incorporated in England.
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.
Business combinations
Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.
Investments
Investments are stated at cost less provision for any impairment.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
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.
Page 4 |
Horsted Keynes Property Limited
Notes to the Financial Statements for the Period from 5 May 2016 to 31 March 2017
Investments |
2017 |
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Investments in associates |
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Associates |
£ |
Cost |
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Additions |
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Provision |
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Carrying amount |
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At 31 March 2017 |
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Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking Associates |
Registered office |
Holding |
Proportion of voting rights |
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2017 |
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England |
Designated member |
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The principal activity of Horsted Keynes LLP is |
The loss for the financial period of Horsted Keynes LLP was £4,145 and the aggregate amount of capital and reserves at the end of the period was £125,701. |
Creditors |
Note |
2017 |
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Due within one year |
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Other creditors |
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Page 5 |