ACCOUNTS - Final Accounts preparation

HENRY'S TOWNHOUSE LIMITED - Company Information

Caseware UK (AP4) 2020.0.247 2020.0.247 2021-06-302021-06-30true11true2020-07-01falseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11408073 2020-07-01 2021-06-30 11408073 2019-07-01 2020-06-30 11408073 2021-06-30 11408073 2020-06-30 11408073 c:Director1 2020-07-01 2021-06-30 11408073 d:FurnitureFittings 2020-07-01 2021-06-30 11408073 d:FurnitureFittings 2021-06-30 11408073 d:FurnitureFittings 2020-06-30 11408073 d:CurrentFinancialInstruments 2021-06-30 11408073 d:CurrentFinancialInstruments 2020-06-30 11408073 d:CurrentFinancialInstruments d:WithinOneYear 2021-06-30 11408073 d:CurrentFinancialInstruments d:WithinOneYear 2020-06-30 11408073 d:ShareCapital 2021-06-30 11408073 d:ShareCapital 2020-06-30 11408073 d:RetainedEarningsAccumulatedLosses 2021-06-30 11408073 d:RetainedEarningsAccumulatedLosses 2020-06-30 11408073 c:FRS102 2020-07-01 2021-06-30 11408073 c:AuditExempt-NoAccountantsReport 2020-07-01 2021-06-30 11408073 c:FullAccounts 2020-07-01 2021-06-30 11408073 c:PrivateLimitedCompanyLtd 2020-07-01 2021-06-30 iso4217:GBP xbrli:pure

Registered number: 11408073

HENRY'S TOWNHOUSE LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2021

HENRY'S TOWNHOUSE LIMITED

REGISTERED NUMBER: 11408073

STATEMENT OF FINANCIAL POSITION

AS AT 30 JUNE 2021

	2021	2021	2020	2020
Note	£	£	£	£

Fixed assets
Tangible assets	4		-		674,988
			-		674,988
Current assets
Debtors: amounts falling due within one year	5	500		9,128
Cash at bank and in hand		10,718		111,354
		11,218		120,482
Creditors: amounts falling due within one year	6	(1,500)		(797,861)
Net current assets/(liabilities)			9,718		(677,379)
Total assets less current liabilities			9,718		(2,391)

Net assets/(liabilities)			9,718		(2,391)

Capital and reserves
Called up share capital	100	100
Profit and loss account	9,618	(2,491)
	9,718	(2,391)

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HENRY'S TOWNHOUSE LIMITED

REGISTERED NUMBER: 11408073

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 JUNE 2021

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 March 2022.

Steven Ross Collins

Director

The notes on pages 3 to 5 form part of these financial statements.

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HENRY'S TOWNHOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2021

1.	General information

Henry's Townhouse Limited is a private company limited by shares and registered in England & Wales.
The address of the registered office is 17 Bulstrode Street, London W1U 2JH. The address of the principal place of business is 24 Upper Berkeley Street, Marylebone, London W1H 7QH.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

During the year the company transferred its tangible fixed assets and related liabilities to a company under common control and it is the intention of the director for the company to now be dissolved.

2.3

Currency

The company's functional and presentational currency is GBP.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

Depreciation is provided on the following basis:

Furniture, fittings and equipment

not depreciated as the assets were unused and have been transferred to a related company

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.5

Debtors

Short term debtors are measured at transaction price, less any impairment.

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HENRY'S TOWNHOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2021

2.Accounting policies (continued)

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.7

Creditors

Short term creditors are measured at the transaction price.

2.8

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from related parties.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Employees

The average monthly number of employees, including directors, during the year was 1 (2020 - 1).

4.	Tangible fixed assets

		Fixtures and fittings
		£

	At 1 July 2020	674,988
	Additions	13,811
	Disposals	(688,799)
	At 30 June 2021	-

	Net book value
	At 30 June 2021	-
	At 30 June 2020	674,988

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HENRY'S TOWNHOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2021

Debtors

					2021	2020
					£	£


Other debtors	500	3,684
Prepayments and accrued income	-	5,444
	500	9,128

6.	Creditors: Amounts falling due within one year
		2021	2020
		£	£

Other creditors	-	796,361
Accruals	1,500	1,500
	1,500	797,861

7.	Related party transactions
	During the year the company disposed of its fixtures and fittings to Temple Guiting Manor Limited at cost, a company which is controlled by Mr S Collins. At the financial year end the company owed Mr Collins £nil (2020: £796,361). No interest was charged.

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