Highland Improvements Limited - Accounts to registrar (filleted) - small 18.2

Highland Improvements Limited - Accounts to registrar (filleted) - small 18.2

HIGHLAND IMPROVEMENTS LIMITED - Company Information

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IRIS Accounts Production v19.1.1.57 SC043050 Board of Directors Board of Directors 1.1.18 31.12.18 31.12.18 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC0430502017-12-31SC0430502018-12-31SC0430502018-01-012018-12-31SC0430502016-12-31SC0430502017-01-012017-12-31SC0430502017-12-31SC043050ns15:Scotland2018-01-012018-12-31SC043050ns14:PoundSterling2018-01-012018-12-31SC043050ns10:Director12018-01-012018-12-31SC043050ns10:Director22018-01-012018-12-31SC043050ns10:PrivateLimitedCompanyLtd2018-01-012018-12-31SC043050ns10:SmallEntities2018-01-012018-12-31SC043050ns10:AuditExemptWithAccountantsReport2018-01-012018-12-31SC043050ns10:SmallCompaniesRegimeForDirectorsReport2018-01-012018-12-31SC043050ns10:SmallCompaniesRegimeForAccounts2018-01-012018-12-31SC043050ns10:FullAccounts2018-01-012018-12-31SC043050ns10:CompanySecretary12018-01-012018-12-31SC043050ns10:RegisteredOffice2018-01-012018-12-31SC043050ns5:CurrentFinancialInstruments2018-12-31SC043050ns5:CurrentFinancialInstruments2017-12-31SC043050ns5:ShareCapital2018-12-31SC043050ns5:ShareCapital2017-12-31SC043050ns5:RetainedEarningsAccumulatedLosses2018-12-31SC043050ns5:RetainedEarningsAccumulatedLosses2017-12-31SC043050ns5:CostValuation2017-12-31SC043050ns5:DisposalsRepaymentsInvestments2018-12-31SC043050ns5:CostValuation2018-12-31SC043050ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-12-31SC043050ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-12-31


REGISTERED NUMBER: SC043050 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2018

for

Highland Improvements Limited
Highland Improvements Limited (Registered number: SC043050)

Contents of the Financial Statements
for the Year Ended 31 December 2018










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


Highland Improvements Limited

Company Information
for the Year Ended 31 December 2018







DIRECTORS: R I Duckworth
C J Duckworth





SECRETARY: R I Duckworth





REGISTERED OFFICE: Summit House
4-5 Mitchell Street
Edinburgh
EH6 7BD





REGISTERED NUMBER: SC043050 (Scotland)





ACCOUNTANTS: THL Accountancy LLP
303 Goring Road
Worthing
West Sussex
BN12 4NX
Page 1
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Highland Improvements Limited


The following reproduces the text of the report prepared for the directors in respect of the company's
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only
required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other
primary statements and the Report of the Directors are not required to be filed with the Registrar of
Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Highland Improvements Limited for the year ended 31 December 2018 which comprise the
Income Statement, Balance Sheet and the related notes from the company's accounting records and from information
and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Highland Improvements Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Highland Improvements Limited and state those matters that we have agreed to state to the Board of Directors of Highland Improvements Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Highland Improvements Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Highland Improvements Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Highland Improvements Limited. You consider that Highland Improvements Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Highland Improvements 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 financial statements.






THL Accountancy LLP
303 Goring Road
Worthing
West Sussex
BN12 4NX


20 August 2019

This page does not form part of the statutory financial statements

Page 2
Highland Improvements Limited (Registered number: SC043050)

Balance Sheet
31 December 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Investments 4 100,100 227,602

CURRENT ASSETS
Debtors 5 642,407 655,187
Prepayments and accrued income 15,000 16,000
Cash at bank 7,539 12,403
664,946 683,590
CREDITORS
Amounts falling due within one year 6 41,226 41,226
NET CURRENT ASSETS 623,720 642,364
TOTAL ASSETS LESS CURRENT
LIABILITIES
723,820
869,966

CAPITAL AND RESERVES
Called up share capital 270,000 270,000
Retained earnings 453,820 599,966
SHAREHOLDERS' FUNDS 723,820 869,966

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 20 August 2019 and were signed on its behalf by:




R I Duckworth - Director



C J Duckworth - Director


The notes form part of these financial statements

Page 3
Highland Improvements Limited (Registered number: SC043050)

Notes to the Financial Statements
for the Year Ended 31 December 2018


1. STATUTORY INFORMATION

Highland Improvements Limited is a private company, limited by shares , registered in Scotland. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the value of goods and services provided, net of VAT.

Investments in subsidiaries and associates
Investments in subsidiary and associate undertakings are recognised at cost.

Taxation
Taxation for the year 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 or deferred taxation assets and liabilities are not discounted.

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.

Consolidation
The company and its subsidiaries comprise a small group. The company has, therefore, taken advantage of the
exemption provided by section 399 of the Companies Act 2006 not to prepare group financial statements.

Investments
Investments is subsidiary undertakings are held at cost. Other investments, which represent investments in
associate undertakings, are also held at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in Interest
group in
undertakings associate Totals
£    £    £   
COST
At 1 January 2018 227,600 2 227,602
Disposals (127,500 ) (2 ) (127,502 )
At 31 December 2018 100,100 - 100,100
NET BOOK VALUE
At 31 December 2018 100,100 - 100,100
At 31 December 2017 227,600 2 227,602

Page 4 continued...
Highland Improvements Limited (Registered number: SC043050)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2018


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 24,000 24,000
Amounts owed by group undertakings 615,504 615,924
Other debtors 2,903 15,263
642,407 655,187

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security 6 6
Other creditors 41,220 41,220
41,226 41,226

7. ULTIMATE CONTROLLING PARTY

In the directors' opinion the company is controlled by its immediate and ultimate parent company Seacliffe
Properties Limited, a company registered in England and Wales. The ultimate controlling party is R I Duckworth.

Page 5