Accounts filed on 31-03-2019
Accounts filed on 31-03-2019
Registered number: 05558724 | ||||||||
FOR THE YEAR ENDED 31/03/2019 | ||||||||
Prepared By: | ||||||||
Albeck Limited | ||||||||
Chartered Accountants | ||||||||
49 Mowbray Road | ||||||||
Edgware | ||||||||
Middlesex | ||||||||
HA8 8JL |
Hillflow Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2019 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Middlesex | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 05558724 | ||||||||
BANKERS | ||||||||
HSBC | ||||||||
ACCOUNTANTS | ||||||||
Albeck Limited | ||||||||
Chartered Accountants | ||||||||
49 Mowbray Road | ||||||||
Edgware | ||||||||
Middlesex | ||||||||
HA8 8JL |
Hillflow Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/03/2019 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 5 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Hillflow Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2019 | 2018 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | ||||||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
185,805 | 114,780 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT ASSETS | 67,766 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 5 | 733,835 | 732,932 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 6 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 628,547 | 560,734 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Hillflow Limited | ||||||||
BALANCE SHEET AT | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
............................. | ||||||||||
LA Phillips | ||||||||||
Director | ||||||||||
Hillflow Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2019 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
2. INVESTMENT PROPERTIES | ||||
Investment | ||||
Properties | Total | |||
£ | £ | |||
Fair value | ||||
At 01/04/2018 | 1,250,000 | 1,250,000 | ||
At 31/03/2019 | 1,250,000 | 1,250,000 | ||
3. DEBTORS | 2019 | 2018 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 16,208 | 13,530 | ||||||
16,208 | 13,530 | |||||||
Hillflow Limited | ||||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2019 | 2018 | |||||||
£ | £ | |||||||
UK corporation tax | 15,908 | 14,211 | ||||||
VAT | 3,316 | 2,654 | ||||||
Other creditors | 10,000 | 10,000 | ||||||
Accruals | 20,099 | 20,149 | ||||||
49,323 | 47,014 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2019 | 2018 | |||||||
£ | £ | |||||||
Other creditors > 1yr | 733,835 | 732,932 | ||||||
733,835 | 732,932 | |||||||
6. PROVISIONS FOR LIABILITIES | 2019 | 2018 | ||||||
£ | £ | |||||||
Deferred taxation | 24,000 | 24,000 | ||||||
24,000 | 24,000 | |||||||
7. SHARE CAPITAL | 2019 | 2018 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
8. CONTROLLING PARTY | ||||||||
The company is controlled by L Phillips and S Goldstein by virtue of the fact that they each own 50% of the company's issued and called up voting share capital. | ||||||||
Hillflow Limited | ||||||||
9. RELATED PARTY TRANSACTIONS | ||||||||
During the year, the directors advanced certain loans to the company. At the year end, the balance owed to the directors totalled £733,831 (2018: £732,929). The loans are interest free and repayable on demand. | ||||||||