Herts Leisure Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05640354 (England and Wales)

HERTS LEISURE LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2020

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

D T Brame

K J O'Malley

C N Warne

REGISTERED OFFICE:

The Venue

Elstree Way

Borehamwood

Hertsfordshire

WD6 1JY

REGISTERED NUMBER:

05640354 (England and Wales)

SENIOR STATUTORY AUDITOR:

M R Hubbocks FCA

AUDITORS:

Wags LLP t/a Wagstaffs

Chartered Accountants and Statutory Auditors

Richmond House

Walkern Road

Stevenage

Hertfordshire

SG1 3QP

CURRENT ASSETS

Debtors

5

321

321

Cash at bank

40,184

40,184

40,505

40,505

CREDITORS

Amounts falling due within one year

6

(27,823

)

(27,823

)

NET CURRENT ASSETS

12,682

12,682

TOTAL ASSETS LESS CURRENT LIABILITIES

12,682

12,682

CAPITAL AND RESERVES

Called up share capital

7

120,000

120,000

Retained earnings

(107,318

)

(107,318

)

SHAREHOLDERS' FUNDS

12,682

12,682

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 26th March 2021 and were signed on its behalf by:

C N Warne - Director

1.	STATUTORY INFORMATION

Herts Leisure Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The company was dormant throughout the year ended 31st March 2020. However, reference to information relating to the year ended 31st March 2019 has been made where appropriate.

Significant judgements and estimates

No significant judgements or estimates have had to be made by the directors in preparing these financial statements.

Revenue

Revenue represents the total invoice value, excluding value added tax, trade discounts and all other taxes of sales made during the year.

Revenue recognition

Revenue is recognised when goods have been delivered and services supplied to customers such that risks and rewards of ownership have transferred to them.

Tax

Tax 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 tax 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 statement of financial position date.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Other debtors

321

321

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Amounts owed to group undertakings

27,806

27,806

Taxation and social security

17

17

27,823

27,823

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2020

2019

value:

£

£

120,000

Ordinary

£1

120,000

120,000

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

M R Hubbocks FCA (Senior Statutory Auditor)

for and on behalf of Wags LLP t/a Wagstaffs

9.	POST BALANCE SHEET EVENTS

Since the period under review, the rapid spreading of COVID-19 has become a significant emerging risk to the global economy. The directors continues to monitor the impact of the virus on the company as more information about the epidemic emerges. The directors note this is a non adjusting post balance sheet event.