Highgrove Actuarial & Trustee Services - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04838789 (England and Wales)

Unaudited Financial Statements for the Year Ended 17 September 2019

for

Highgrove Actuarial & Trustee Services

Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

Mr D J Townley

Mrs S Townley

Miss P Townley

SECRETARY:

Mrs S Townley

REGISTERED OFFICE:

15 The Highgrove

Heaton

Bolton

Lancashire

BL1 5PX

REGISTERED NUMBER:

04838789 (England and Wales)

ACCOUNTANTS:

Waters & Atkinson

The Old Court House

Clark Street

Morecambe

Lancashire

LA4 5HR

FIXED ASSETS

Tangible assets

4

244

406

Investments

5

308,187

214,612

Investment property

6

54,000

54,000

362,431

269,018

CURRENT ASSETS

Debtors

1,065

1,244

Cash at bank

154,805

179,377

155,870

180,621

CREDITORS

Amounts falling due within one year

25,148

4,591

NET CURRENT ASSETS

130,722

176,030

TOTAL ASSETS LESS CURRENT LIABILITIES

493,153

445,048

CAPITAL AND RESERVES

Called up share capital

30

30

Fair value reserve

7

45,378

40,777

Retained earnings

447,745

404,241

SHAREHOLDERS' FUNDS

493,153

445,048

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 17 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 17 September 2019 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 17 September 2019 in accordance with Section 444(2A) of the Companies Act 2006.

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 2 November 2019 and were signed on its behalf by:

Mr D J Townley - Director

1.	STATUTORY INFORMATION

Highgrove Actuarial & Trustee Services 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 as modified by the revaluation of certain assets.

The financial statements are presented in sterling which is the functional currency of the company and rounded to

the nearest £1.

Turnover

Turnover represents management charges receivable.

Tangible fixed assets

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

Plant and machinery etc

-

20% on cost

Investment property

Investment property is shown at most recent valuation.

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 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 18 September 2018

and 17 September 2019

4,166

DEPRECIATION

At 18 September 2018

3,760

Charge for year

162

At 17 September 2019

3,922

NET BOOK VALUE

At 17 September 2019

244

At 17 September 2018

406

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 18 September 2018

214,612

Additions

128,054

Disposals

(58,523

)

Revaluations

24,044

At 17 September 2019

308,187

NET BOOK VALUE

At 17 September 2019

308,187

At 17 September 2018

214,612

Cost or valuation at 17 September 2019 is represented by:

Totals

£

Valuation in 2017

24,075

Valuation in 2018

10,497

Valuation in 2019

(5,216

)

Cost

278,831

308,187

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 18 September 2018

and 17 September 2019

54,000

NET BOOK VALUE

At 17 September 2019

54,000

At 17 September 2018

54,000

7.

RESERVES

Fair

value

reserve

£

At 18 September 2018

40,777

Disposals

(19,443

)

Revaluations

24,044

At 17 September 2019

45,378

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 17 September 2019 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Waters & Atkinson

The Old Court House

Clark Street

Morecambe

Lancashire

LA4 5HR

Date: .............................................