HARROGATE INVESTMENTS LIMITED

HARROGATE INVESTMENTS LIMITED

HARROGATE INVESTMENTS LIMITED - Company Information

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HARROGATE INVESTMENTS LIMITED

Company Registration Number:
01394066 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

HARROGATE INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2018

Balance sheet
Notes

HARROGATE INVESTMENTS LIMITED

Balance sheet

As at 31 March 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 3,055,739 2,845,960
Total fixed assets: 3,055,739 2,845,960
Current assets
Debtors: 4 2,691 5,916
Cash at bank and in hand: 82,027 88,327
Total current assets: 84,718 94,243
Creditors: amounts falling due within one year: 5 (52,458) (34,890)
Net current assets (liabilities): 32,260 59,353
Total assets less current liabilities: 3,087,999 2,905,313
Creditors: amounts falling due after more than one year: 6 (218,692) (272,037)
Provision for liabilities: (258,657) (214,428)
Total net assets (liabilities): 2,610,650 2,418,848
Capital and reserves
Called up share capital: 88 88
Revaluation reserve:71,679,5981,475,692
Other reserves: 85,661 126,441
Profit and loss account: 845,303 816,627
Shareholders funds: 2,610,650 2,418,848

The notes form part of these financial statements

HARROGATE INVESTMENTS LIMITED

Balance sheet statements

For the year ending 31 March 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 September 2018
and signed on behalf of the board by:

Name: Mrs N L Porter
Status: Director

The notes form part of these financial statements

HARROGATE INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HARROGATE INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Employees

2018 2017
Average number of employees during the period 2 2

HARROGATE INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

3. Tangible Assets

Total
Cost £
At 01 April 2017 2,895,792
Additions 21,773
Disposals (20,823)
Revaluations 245,528
Transfers (40,780)
At 31 March 2018 3,101,490
Depreciation
At 01 April 2017 49,832
Charge for year 4,915
On disposals (8,996)
At 31 March 2018 45,751
Net book value
At 31 March 2018 3,055,739
At 31 March 2017 2,845,960

Cost transfers are the exchange movement.

HARROGATE INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

4. Debtors

2018 2017
££
Debtors due after more than one year: 0 0

HARROGATE INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

5. Creditors: amounts falling due within one year note

£3702 ( 2017 - £3480 ) owing under finance contracts are secured on a motor vehicle.

HARROGATE INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

6. Creditors: amounts falling due after more than one year note

£14511 ( 2017 - £6299 ) owing under finance contracts are secured on a motor vehicle.

HARROGATE INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

7. Revaluation reserve

2018
£
Balance at 01 April 2017 1,475,692
Surplus or deficit after revaluation 203,906
Balance at 31 March 2018 1,679,598

The surplus for the year of £203906 is shown net of the Deferred Tax Provision.

HARROGATE INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

8. Loans to directors

Interest of £26206 ( 2017- £26798 ) was charged to the company by Dr K and Mrs N L Porter in respect of a loan classified in creditors due within one year and creditors due after one year.

HARROGATE INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

9. Related party transactions

Name of the related party: Dr K Porter
Relationship:
Company Secretary
Description of the Transaction: Loan to company.
£
Balance at 01 April 2017 135,503
Balance at 31 March 2018 107,887
Name of the related party: Mrs N L Porter
Relationship:
Director
Description of the Transaction: Loan to company.
£
Balance at 01 April 2017 135,502
Balance at 31 March 2018 107,887