H22 Limited - Limited company - abbreviated - 11.6
H22 Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2014 |
| FOR |
| H22 LIMITED |
| H22 LIMITED (REGISTERED NUMBER: 04250704) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 JULY 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| H22 LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JULY 2014 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| H22 LIMITED (REGISTERED NUMBER: 04250704) |
| ABBREVIATED BALANCE SHEET |
| 31 JULY 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 4 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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 were approved by the director on |
| H22 LIMITED (REGISTERED NUMBER: 04250704) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 JULY 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting |
| Standard for Smaller Entities (effective April 2008). |
| Preparation of consolidated financial statements |
| The financial statements contain information about H22 Limited as an individual company and do not contain consolidated financial |
| information as the parent of a group. The company has taken the option under Section 398 of the Companies Act 2006 not to prepare |
| consolidated financial statements. |
| Tangible fixed assets |
| Tangible fixed assets are recognised at original cost and are written off over their estimated useful life by equal annual instalments. |
| Work in progress |
| Work in progress is the cost of incomplete projects, and is stated at the lower of cost or net realisable value. Profit is taken on the sale of |
| completed projects. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Revenue recognition |
| Revenue is measured as the fair value of the consideration received or receivable and represents amounts receivable in respect of sales of |
| development properties and in respect of the rent on development properties which are leased whilst awaiting sale. Rental income is |
| recognised evenly on the basis of the total rent payable over the lease term. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 August 2013 |
| and 31 July 2014 |
| DEPRECIATION |
| At 1 August 2013 |
| Charge for year |
| At 31 July 2014 |
| NET BOOK VALUE |
| At 31 July 2014 |
| At 31 July 2013 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 August 2013 |
| and 31 July 2014 |
| NET BOOK VALUE |
| At 31 July 2014 |
| At 31 July 2013 |
| H22 LIMITED (REGISTERED NUMBER: 04250704) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 JULY 2014 |
| 3. | FIXED ASSET INVESTMENTS - continued |
| The company's investments at the balance sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 166,153 | 134,878 |
| Profit for the year | 31,275 | 19,853 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | (608,699 | ) | (688,499 | ) |
| Profit for the year | 79,800 | 32,174 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 25,451 | 125,079 |
| (Loss)/profit for the year | (99,628 | ) | 35,435 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |
| 6. | RELATED PARTY DISCLOSURES |
| The company has made loans to three group companies. All of the companies were and are ultimately controlled by Mr D A Hardaker. |
| At 31st July 2014 the balances due by these companies was as follows:by H22 Wimbledon Limited : £593,349 ( 31st July 2013 : |
| £305,520);and by H22 Investments Limited £395,501 ( 31st July 2013: £429,038).At 31st July 2014 the company owed H22 Salisbury |
| Limited £26,918 ( 31st July 2013: H22 Salisbury Limited owed this company £655,004.These loans are unsecured and repayable on |
| demand. H22 Limited has received loans from an associated company controlled by Mr D A Hardaker, Hardaker UK Limited. The |
| balance due to this company at 31st July 2014 was £189,767 ( 31st July 2013: £189,767 ). |
| 7. | ULTIMATE CONTROLLING PARTY |