Highmoor Properties Limited - Abbreviated accounts 16.1

Highmoor Properties Limited - Abbreviated accounts 16.1

HIGHMOOR PROPERTIES LIMITED - Company Information

Print Friendly Version

02890166 1.2.15 31.1.16 31.1.16 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure028901662015-01-31028901662016-01-31028901662015-02-012016-01-31028901662014-01-31028901662014-02-012015-01-31028901662015-01-3102890166ns12:England2015-02-012016-01-3102890166ns14:PoundSterling2015-02-012016-01-3102890166ns7:Director12015-02-012016-01-3102890166ns7:OrdinaryShareClass12015-02-012016-01-3102890166ns7:CompanySecretary2015-02-012016-01-3102890166ns7:RegisteredOffice2015-02-012016-01-3102890166ns7:EntityAccountantsOrAuditors2015-02-012016-01-3102890166ns5:LandBuildingsns5:OwnedOrFreeholdTangibleFixedAssets2015-02-012016-01-3102890166ns5:FixturesFittings2015-02-012016-01-3102890166ns5:ComputerEquipment2015-02-012016-01-3102890166ns7:OrdinaryShareClass12016-01-3102890166ns7:OrdinaryShareClass12015-01-31
REGISTERED NUMBER: 02890166 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016

FOR

HIGHMOOR PROPERTIES LIMITED

HIGHMOOR PROPERTIES LIMITED (REGISTERED NUMBER: 02890166)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

HIGHMOOR PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2016







DIRECTOR: J D Stephens





SECRETARY: D R Grimston





REGISTERED OFFICE: 328 Lincoln Road
Enfield
Middlesex
EN3 4AA





REGISTERED NUMBER: 02890166 (England and Wales)





ACCOUNTANTS: Capes Gittins
Chartered Accountants
Wellington House
273-275 High Street
London Colney
Hertfordshire
AL2 1HA
Page 1
HIGHMOOR PROPERTIES LIMITED (REGISTERED NUMBER: 02890166)

ABBREVIATED BALANCE SHEET
31 JANUARY 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 2,099,134 2,499,886

CURRENT ASSETS
Debtors 11,474 7,382
Cash at bank 133,501 35,134
144,975 42,516
CREDITORS
Amounts falling due within one year 45,322 356,487
NET CURRENT ASSETS/(LIABILITIES) 99,653 (313,971 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,198,787
2,185,915

PROVISIONS FOR LIABILITIES 712 837
NET ASSETS 2,198,075 2,185,078

CAPITAL AND RESERVES
Called up share capital 3 100 100
Revaluation reserve 947,380 1,175,665
Profit and loss account 1,250,595 1,009,313
SHAREHOLDERS' FUNDS 2,198,075 2,185,078

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 in accordance with Section 476 of the Companies Act 2006.

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 notes form part of these abbreviated accounts

Page 2
HIGHMOOR PROPERTIES LIMITED (REGISTERED NUMBER: 02890166)

ABBREVIATED BALANCE SHEET - continued
31 JANUARY 2016


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 14 September 2016 and were signed by:





J D Stephens - Director


The notes form part of these abbreviated accounts

Page 3
HIGHMOOR PROPERTIES LIMITED (REGISTERED NUMBER: 02890166)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention as modified by the
revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller
Entities (effective January 2015).

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - not provided
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

2. TANGIBLE FIXED ASSETS
Total
£   
COST OR VALUATION
At 1 February 2015 2,525,426
Disposals (400,000 )
At 31 January 2016 2,125,426
DEPRECIATION
At 1 February 2015 25,540
Charge for year 752
At 31 January 2016 26,292
NET BOOK VALUE
At 31 January 2016 2,099,134
At 31 January 2015 2,499,886

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100

Page 4
HIGHMOOR PROPERTIES LIMITED (REGISTERED NUMBER: 02890166)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 JANUARY 2016

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 January 2016 the company owed Mr J D Stephens, who became a director of the company on
30 October 2009, a sum of nil. The balance owed to Mr Stephens at 31 January 2015 amounted to
£206,525..

Page 5