Hermes House NW2 Limited

Hermes House NW2 Limited

HERMES HOUSE NW2 LIMITED - Company Information

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Company Registration No. 10211482 (England and Wales)
Hermes House NW2 Limited Unaudited accounts for the year ended 30 June 2019
Hermes House NW2 Limited Unaudited accounts Contents
Page
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Hermes House NW2 Limited Company Information for the year ended 30 June 2019
Director
A.Sharon
Company Number
10211482 (England and Wales)
Registered Office
103 High Street Waltham Cross Herts EN8 7AN United Kingdom
Accountants
Brindley Goldstein Ltd 103 High Street Waltham Cross Herts. EN8 7AN
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Hermes House NW2 Limited Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Hermes House NW2 Limited for the year ended 30 June 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Hermes House NW2 Limited for the year ended 30 June 2019 as set out on pages 5 - 7 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 at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Hermes House NW2 Limited, as a body, in accordance with the terms of our engagement letter dated 3 August 2016. Our work has been undertaken solely to prepare for your approval the accounts of Hermes House NW2 Limited and state those matters that we have agreed to state to the Board of Directors of Hermes House NW2 Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hermes House NW2 Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Hermes House NW2 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 loss of Hermes House NW2 Limited. You consider that Hermes House NW2 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 accounts of Hermes House NW2 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.
Brindley Goldstein Ltd Chartered Accountants 103 High Street Waltham Cross Herts. EN8 7AN 10 February 2020
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Hermes House NW2 Limited Statement of financial position as at 30 June 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,207,611 
1,302,989 
Current assets
Cash at bank and in hand
1,278 
706 
Creditors: amounts falling due within one year
5
(195,368)
(284,514)
Net current liabilities
(194,090)
(283,808)
Total assets less current liabilities
1,013,521 
1,019,181 
Creditors: amounts falling due after more than one year
6
(1,035,548)
(1,029,548)
Net liabilities
(22,027)
(10,367)
Capital and reserves
Called up share capital
7
100 
100 
Profit and loss account
(22,127)
(10,467)
Shareholders' funds
(22,027)
(10,367)
For the year ending 30 June 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 10 March 2020.
A.Sharon Director Company Registration No. 10211482
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Hermes House NW2 Limited Notes to the Accounts for the year ended 30 June 2019
1
Statutory information
Hermes House NW2 Limited is a private company, limited by shares, registered in England and Wales, registration number 10211482. The registered office is 103 High Street, Waltham Cross, Herts, EN8 7AN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. No depreciation is provided on the company's freehold properties since in the opinion of the directors the expected useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be immaterial. The directors undertake an annual impairment review of these properties.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 July 2018
1,302,989 
Additions
(95,378)
At 30 June 2019
1,207,611 
Depreciation
At 30 June 2019
- 
Net book value
At 30 June 2019
1,207,611 
At 30 June 2018
1,302,989 
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Hermes House NW2 Limited Notes to the Accounts for the year ended 30 June 2019
5
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Trade creditors
- 
980 
Other creditors
- 
14,281 
Loans from directors
193,808 
267,573 
Accruals
1,560 
1,680 
195,368 
284,514 
6
Creditors: amounts falling due after more than one year
2019 
2018 
£ 
£ 
Other creditors
1,035,548 
1,029,548 
7
Share capital
2019 
2018 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Transactions with related parties
The company was under the control of Mr. A. Sharon during the period. Mr. A. Sharon holds 100% of the company's issued share capital.
9
Average number of employees
During the year the average number of employees was 0 (2018: 0).
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