A J Hassell Limited - Accounts to registrar (filleted) - small 18.2
A J Hassell Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2020 |
| FOR |
| A J HASSELL LIMITED |
| A J HASSELL LIMITED (REGISTERED NUMBER: 01047853) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2020 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Accountants' Report | 6 |
| A J HASSELL LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JULY 2020 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants & Business Advisers |
| 20 Havelock Road |
| Hastings |
| East Sussex |
| TN34 1BP |
| A J HASSELL LIMITED (REGISTERED NUMBER: 01047853) |
| BALANCE SHEET |
| 31 JULY 2020 |
| 31.7.20 | 31.7.19 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 8 | ( |
) |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| 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 and authorised for issue on |
| A J HASSELL LIMITED (REGISTERED NUMBER: 01047853) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2020 |
| 1. | STATUTORY INFORMATION |
| A J Hassell Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The directors have made an assessment and do not consider there to be any material uncertainties about the company's ability to continue as a going concern. As a result they have adopted the going concern basis of accounting. |
| Turnover |
| Turnover represents sales of construction and surveyor services, excluding value added tax, recognised when the work is complete and the invoice issued to the customer. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2019 - |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 August 2019 |
| and 31 July 2020 |
| DEPRECIATION |
| At 1 August 2019 |
| and 31 July 2020 |
| NET BOOK VALUE |
| At 31 July 2020 |
| A J HASSELL LIMITED (REGISTERED NUMBER: 01047853) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2020 |
| 5. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST OR VALUATION |
| At 1 August 2019 |
| Additions |
| Disposals | ( |
) |
| Revaluations | ( |
) |
| At 31 July 2020 |
| NET BOOK VALUE |
| At 31 July 2020 |
| At 31 July 2019 |
| Cost or valuation at 31 July 2020 is represented by: |
| Other |
| investments |
| £ |
| Valuation in 2013 | 47,611 |
| Valuation in 2014 | (8,047 | ) |
| Valuation in 2015 | 56,105 |
| Valuation in 2016 | (24,111 | ) |
| Valuation in 2017 | 65,141 |
| Valuation in 2018 | 45,782 |
| Valuation in 2019 | (51,940 | ) |
| Valuation in 2020 | (157,371 | ) |
| Cost | 890,070 |
| 863,240 |
| If fixed asset investments had not been revalued they would have been included at the following historical cost: |
| 31.7.20 | 31.7.19 |
| £ | £ |
| Cost | 890,070 | 1,198,118 |
| Fixed asset investments were valued on an open market value basis on 31 July 2020 by Hargreaves Lansdown Asset Management Ltd . |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.7.20 | 31.7.19 |
| £ | £ |
| Trade debtors |
| Other debtors |
| A J HASSELL LIMITED (REGISTERED NUMBER: 01047853) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2020 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.7.20 | 31.7.19 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | RESERVES |
| Revaluation |
| reserve |
| £ |
| At 1 August 2019 |
| Revaluation of investments | (157,371 | ) |
| Realisation of revalued amount | (63,974 | ) |
| At 31 July 2020 | ( |
) |
| 9. | RELATED PARTY DISCLOSURES |
| The directors were owed the following amounts by the company as at the year end, repayable on demand: |
| A J Hassell £5,194 |
| R J Hassell £32,029 |
| ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| A J HASSELL LIMITED |
| 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. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A J Hassell Limited for the year ended 31 July 2020 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the Board of Directors of A J Hassell Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A J Hassell Limited and state those matters that we have agreed to state to the Board of Directors of A J Hassell Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A J Hassell Limited and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that A J Hassell Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of A J Hassell Limited. You consider that A J Hassell Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of A J Hassell Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Chartered Accountants & Business Advisers |
| 20 Havelock Road |
| Hastings |
| East Sussex |
| TN34 1BP |