Houghton Homes Estate Agents Limited Filleted accounts for Companies House (small and micro)

Houghton Homes Estate Agents Limited Filleted accounts for Companies House (small and micro)

HOUGHTON HOMES ESTATE AGENTS LIMITED - Company Information

Print Friendly Version

3 false false false false false false false false false true false false false false false false No description of principal activity 2019-04-01 Sage Accounts Production Advanced 2020 - FRS102_2019 xbrli:pure xbrli:shares iso4217:GBP 05391008 2019-04-01 2020-03-31 05391008 2020-03-31 05391008 2019-03-31 05391008 2018-04-01 2019-03-31 05391008 2019-03-31 05391008 core:LandBuildings core:OwnedOrFreeholdAssets 2019-04-01 2020-03-31 05391008 core:FurnitureFittings 2019-04-01 2020-03-31 05391008 bus:Director1 2019-04-01 2020-03-31 05391008 core:LandBuildings 2019-03-31 05391008 core:FurnitureFittings 2019-03-31 05391008 core:LandBuildings 2020-03-31 05391008 core:FurnitureFittings 2020-03-31 05391008 core:WithinOneYear 2020-03-31 05391008 core:WithinOneYear 2019-03-31 05391008 core:ShareCapital 2020-03-31 05391008 core:ShareCapital 2019-03-31 05391008 core:RetainedEarningsAccumulatedLosses 2020-03-31 05391008 core:RetainedEarningsAccumulatedLosses 2019-03-31 05391008 core:LandBuildings 2019-04-01 2020-03-31 05391008 core:LandBuildings 2019-03-31 05391008 core:FurnitureFittings 2019-03-31 05391008 bus:SmallEntities 2019-04-01 2020-03-31 05391008 bus:AuditExempt-NoAccountantsReport 2019-04-01 2020-03-31 05391008 bus:FullAccounts 2019-04-01 2020-03-31 05391008 bus:SmallCompaniesRegimeForAccounts 2019-04-01 2020-03-31 05391008 bus:PrivateLimitedCompanyLtd 2019-04-01 2020-03-31
COMPANY REGISTRATION NUMBER: 05391008
Houghton Homes Estate Agents Limited
Filleted Unaudited Financial Statements
31 March 2020
Houghton Homes Estate Agents Limited
Statement of Financial Position
31 March 2020
2020
2019
Note
£
£
£
Fixed assets
Tangible assets
5
190
238
Current assets
Debtors
6
10,713
11,114
Cash at bank and in hand
7,207
645
--------
--------
17,920
11,759
Creditors: amounts falling due within one year
7
11,905
11,594
--------
--------
Net current assets
6,015
165
-------
----
Total assets less current liabilities
6,205
403
-------
----
Net assets
6,205
403
-------
----
Capital and reserves
Called up share capital
1
1
Profit and loss account
6,204
402
-------
----
Shareholder funds
6,205
403
-------
----
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Houghton Homes Estate Agents Limited
Statement of Financial Position (continued)
31 March 2020
These financial statements were approved by the board of directors and authorised for issue on 18 March 2021 , and are signed on behalf of the board by:
Mrs V A Houghton
Director
Company registration number: 05391008
Houghton Homes Estate Agents Limited
Notes to the Financial Statements
Year ended 31 March 2020
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Alex House, 260/8 Chapel Street, Salford, Manchester, M3 5JZ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation .
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Property improvements
-
20% reducing balance
Fixtures and fittings
-
20% reducing balance
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2019: 3 ).
5. Tangible assets
Property improvements
Fixtures and fittings
Total
£
£
£
Cost
At 1 April 2019 and 31 March 2020
2,070
1,794
3,864
-------
-------
-------
Depreciation
At 1 April 2019
1,978
1,648
3,626
Charge for the year
19
29
48
-------
-------
-------
At 31 March 2020
1,997
1,677
3,674
-------
-------
-------
Carrying amount
At 31 March 2020
73
117
190
-------
-------
-------
At 31 March 2019
92
146
238
-------
-------
-------
6. Debtors
2020
2019
£
£
Trade debtors
10,713
11,114
--------
--------
7. Creditors: amounts falling due within one year
2020
2019
£
£
Trade creditors
–
1,557
Social security and other taxes
4,433
3,785
Other creditors
7,472
6,252
--------
--------
11,905
11,594
--------
--------
8. Related party transactions
At 31 March 2020 the company owed to its director £4,614 (2018: £4,590).