Hessle Limited - Accounts to registrar (filleted) - small 18.1
Hessle Limited - Accounts to registrar (filleted) - small 18.1
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 October 2017 |
| for |
| Hessle Limited |
| Hessle Limited (Registered number: 06735652) |
| Contents of the Financial Statements |
| for the year ended 31 October 2017 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| Hessle Limited |
| Company Information |
| for the year ended 31 October 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| & Reporting Accountants |
| 2nd Floor |
| Hygeia House |
| 66 College Road |
| Harrow |
| Middlesex |
| HA1 1BE |
| Hessle Limited (Registered number: 06735652) |
| Statement of Financial Position |
| 31 October 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investment property | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| ( |
) | ( |
) |
| The directors acknowledge their 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. |
| Hessle Limited (Registered number: 06735652) |
| Statement of Financial Position - continued |
| 31 October 2017 |
| 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 on by: |
| Hessle Limited (Registered number: 06735652) |
| Notes to the Financial Statements |
| for the year ended 31 October 2017 |
| 1. | STATUTORY INFORMATION |
| Hessle Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A |
| These financial statements for the year ended 31 October 2017 are the first that are prepared in accordance with |
| FRS 102 Section 1A. The previous financial statements were prepared in accordance with UK GAAP, the date of |
| transition to FRS 102 Section 1A is 1 November 2015. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
| fair value is recognised in profit or loss. |
| Taxation |
| Taxation 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 taxation 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. |
| Financial instruments |
| Financial instruments are classified and accounted for, according to the substance of the contractual agreement, |
| as either financial assets, financial liabilities or equity instruments. As equity instrument is any contract that |
| evidences a residual interest in the assets of the company after deducting all of its liabilities |
| Going concern |
| The financial statements have been prepared on a going concern basis which is dependent upon the company's |
| director continuing to provide the necessary financial facilities to enable the company to continue in operation |
| for the foreseeable future. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Hessle Limited (Registered number: 06735652) |
| Notes to the Financial Statements - continued |
| for the year ended 31 October 2017 |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| At 1 November 2016 |
| and 31 October 2017 |
| NET BOOK VALUE |
| At 31 October 2017 |
| At 31 October 2016 |
| On an historical cost basis, investment properties have been included at an original cost of £142,846 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Bank loans and overdrafts |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Bank loans |
| 8. | SECURED DEBTS |
| The following securities are held by National Westminster Ban Plc for property loan provided by the bank: |
| Charge over contract monies dated 17 December 2008 |
| Legal charge including fixed charge over all present fixed assets and goodwill of the business carried on at the |
| property and the proceeds of any insurance affecting the property or assets. |
| 9. | RELATED PARTY DISCLOSURES |
| As at the year end date, the directors Mrs S Garson £21,319 (2016:£20,785), Mr N Frais £21,319 (2016: |
| £20,785), had credit balances on their directors loan accounts these amounts are included in other creditors |
| falling due within one year. |