REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
18 MARCH 2022 TO 31 MARCH 2023 |
FOR |
HOME FARM PROPERTIES |
(LITTLE PRESTON) LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
18 MARCH 2022 TO 31 MARCH 2023 |
FOR |
HOME FARM PROPERTIES |
(LITTLE PRESTON) LIMITED |
HOME FARM PROPERTIES |
(LITTLE PRESTON) LIMITED (REGISTERED NUMBER: 13987810) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 18 MARCH 2022 TO 31 MARCH 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
HOME FARM PROPERTIES |
(LITTLE PRESTON) LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 18 MARCH 2022 TO 31 MARCH 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
6 Langdale Court |
Witney |
Oxfordshire |
OX28 6FG |
HOME FARM PROPERTIES |
(LITTLE PRESTON) LIMITED (REGISTERED NUMBER: 13987810) |
BALANCE SHEET |
31 MARCH 2023 |
Notes | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings |
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 |
HOME FARM PROPERTIES |
(LITTLE PRESTON) LIMITED (REGISTERED NUMBER: 13987810) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 18 MARCH 2022 TO 31 MARCH 2023 |
1. | STATUTORY INFORMATION |
Home Farm Properties (Little Preston) Limited is a |
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The financial statements contain information about Home Farm Properties (Little Preston) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
HOME FARM PROPERTIES |
(LITTLE PRESTON) LIMITED (REGISTERED NUMBER: 13987810) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 18 MARCH 2022 TO 31 MARCH 2023 |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
Additions |
At 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Directors' current accounts | 324 |
Accrued expenses |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | 1 | 3,332 |
7. | ULTIMATE CONTROLLING PARTY |
On 10 November 2022 a management buyout of the remaining share capital in the subsidiary company Home Farm Properties (Aylesford) Ltd took place. At this date a share for share exchange took place for shares in Home Farm Properties (Little Preston) Ltd. |
The company was under the control of the Directors throughout the period by virtue of their shareholdings. |