Registered Number
(England and Wales)
Unaudited Financial Statements for the Year Ended
31 March 2021
Directors |
|
|
Registered Address |
|
|
|
|
|
|
Registered Number |
|
Notes |
2021 |
2020 |
||||||
---|---|---|---|---|---|---|---|---|
£ |
£ |
£ |
£ |
|||||
Fixed assets | ||||||||
Tangible assets | 7 |
|
|
|||||
Investments | 8 |
|
|
|||||
Investment property | 9 |
|
|
|||||
|
|
|||||||
Current assets | ||||||||
Debtors | 12 |
|
|
|||||
Cash at bank and on hand |
|
|
||||||
|
|
|||||||
Creditors amounts falling due within one year | 13 | ( |
( |
|||||
Net current assets (liabilities) |
|
|
||||||
Total assets less current liabilities |
|
|
||||||
Creditors amounts falling due after one year | 14 | ( |
( |
|||||
Net assets |
|
|
||||||
Capital and reserves | ||||||||
Called up share capital |
|
|
||||||
Profit and loss account |
|
|
||||||
Shareholders' funds |
|
|
The financial statements were approved and authorised for issue by the Board of Directors on 23 December 2021, and are signed on its behalf by: |
Director Registered Company No. 06613088 |
1. | STATUTORY INFORMATION |
---|---|
|
2. | COMPLIANCE WITH APPLICABLE REPORTING FRAMEWORK |
---|---|
|
3. | PRINCIPAL ACTIVITIES |
---|---|
|
4. | BASIS OF MEASUREMENT USED IN FINANCIAL STATEMENTS |
---|---|
|
5. | ACCOUNTING POLICIES |
---|
Turnover policy | |
---|---|
|
Property, plant and equipment policy | |
---|---|
|
Investment property policy | |
---|---|
|
Revenue recognition policy | |
---|---|
|
Foreign currency translation and operations policy | |
---|---|
|
Leases policy | |
---|---|
|
Investments policy | |
---|---|
|
Employee benefits policy | |
---|---|
|
Going concern | |
---|---|
|
6. | EMPLOYEE INFORMATION |
---|---|
|
|
|
|
|
|
---|---|---|---|---|
Average number of employees during the year |
|
|
7. | PROPERTY, PLANT AND EQUIPMENT |
---|---|
|
|
|
Plant & machinery |
|
Vehicles |
|
Office Equipment |
|
Total |
---|---|---|---|---|---|---|---|---|
Cost or valuation | ||||||||
At 01 April 20 |
|
|
|
|
||||
Additions |
|
|
|
|
||||
At 31 March 21 |
|
|
|
|
||||
Depreciation and impairment | ||||||||
At 01 April 20 |
|
|
|
|
||||
Charge for year |
|
|
|
|
||||
At 31 March 21 |
|
|
|
|
||||
Net book value | ||||||||
At 31 March 21 |
|
|
|
|
||||
At 31 March 20 |
|
|
|
|
8. | FIXED ASSET INVESTMENTS |
---|---|
Subsidiary undertakings Maximus Strategic Land Limited - 60% holding - principal activity of Maximus Strategic Land Limited is property development. Avenbury Estates Limited - 50% holding - principal activity of Avenbury Estates Limited is property development. Aequus Land (Dorrington) Limited 100% holding - principal activity of Aequus Land (Dorrington) Limited is residential property development. Templechain Limited - 100% holding - principal activity of Templechain Limited is property development. Aequus Land (Ludlow) Ltd - 50% holding - principal activity of Aequus Land (Ludlow) Ltd is property development. Maximus Aequus Ltd - 50% holding - principal activity of Maximus Aequus Ltd is property development. Associates Mortr Limited - 20% holding - principal activity of Mortr Limited is software development. |
|
|
Investments in group undertakings and participating interests |
|
Loans to group undertakings and participating interests |
|
Total |
---|---|---|---|---|---|---|
Cost or valuation | ||||||
At 01 April 20 |
|
|
|
|||
Additions |
|
|
|
|||
Disposals |
|
( |
( |
|||
At 31 March 21 |
|
|
|
|||
Net book value | ||||||
At 31 March 21 |
|
|
|
|||
At 31 March 20 |
|
|
|
9. | INVESTMENT PROPERTY |
---|---|
The Directors have reviewed the valuation of the investment property in regard to the current market conditions, having given due consideration to the potential impact of the Covid-19 pandemic. They are of the opinion that the current value is fair and that there has been no significant impairment. There has been no valuation of investment property by an independent valuer. |
|
|
|
---|---|---|
Fair value at 01 April 20 |
|
|
At 31 March 21 |
|
10. | DESCRIPTION OF NATURE OF TRANSACTIONS AND BALANCES WITH RELATED PARTIES |
---|---|
|
11. | GUARANTEES AND THEIR TERMS, DIRECTORS |
---|---|
|
12. | DEBTORS |
---|---|
|
|
|
2021 |
|
2020 |
---|---|---|---|---|
Trade debtors / trade receivables |
|
|
||
Other debtors |
|
|
||
Total |
|
|
13. | CREDITORS WITHIN ONE YEAR |
---|---|
|
|
|
2021 |
|
2020 |
---|---|---|---|---|
Trade creditors / trade payables |
|
|
||
Bank borrowings and overdrafts |
|
|
||
Amounts owed to related parties |
|
|
||
Taxation and social security |
|
|
||
Finance lease and HP contracts |
|
|
||
Other creditors |
|
|
||
Accrued liabilities and deferred income |
|
|
||
Total |
|
|
14. | CREDITORS AFTER ONE YEAR |
---|---|
|
|
|
2021 |
|
2020 |
---|---|---|---|---|
Bank borrowings and overdrafts |
|
|
||
Amounts owed to related parties |
|
|
||
Total |
|
|