Hive Gardens (Sandbanks) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00668145 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2018

for

Hive Gardens (Sandbanks) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

B C Breeze

P L Higginson

K M Swatton

G R Farrow

SECRETARY:

REGISTERED OFFICE:

991 Christchurch Road

Boscombe East

Bournemouth

Dorset

BH7 6BB

REGISTERED NUMBER:

00668145 (England and Wales)

ACCOUNTANTS:

Assets Limited

Chartered Accountants

Chiltern Chambers

St Peters Avenue

Caversham

Reading

Berkshire

RG4 7DH

FIXED ASSETS

Tangible assets

4

482

482

CURRENT ASSETS

Debtors

5

4,171

10,089

Cash at bank

75,256

53,100

79,427

63,189

CREDITORS

Amounts falling due within one year

6

3,730

1,795

NET CURRENT ASSETS

75,697

61,394

TOTAL ASSETS LESS CURRENT LIABILITIES

76,179

61,876

CAPITAL AND RESERVES

Called up share capital

110

110

Capital reserve

7

38,743

15,219

Maintenance reserve

7

37,326

46,547

76,179

61,876

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 30 August 2019 and were signed on its behalf by:

P L Higginson - Director

1.	STATUTORY INFORMATION

Hive Gardens (Sandbanks) Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

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

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 balance sheet date.

Deferred tax

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

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different

from those in which they are recognised in financial statements. Deferred tax is measured using tax rates

and laws that have been enacted or substantively enacted by the year end and that are expected to apply to

the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that

they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 January 2018

and 31 December 2018

482

NET BOOK VALUE

At 31 December 2018

482

At 31 December 2017

482

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

739

6,794

Other debtors

3,432

3,295

4,171

10,089

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other creditors

3,730

1,795

7.

RESERVES

Retained

Capital

Maintenance

earnings

reserve

reserve

Totals

£

£

£

£

At 1 January 2018

-

15,219

46,547

61,766

Deficit for the year

(9,221

)

(9,221

)

Transfer reserve

9,221

-

(9,221

)

-

Capital receipt

-

23,524

-

23,524

At 31 December 2018

-

38,743

37,326

76,069