Hepworth Property Company Limited - Accounts to registrar (filleted) - small 18.2
Hepworth Property Company Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| HEPWORTH PROPERTY COMPANY LIMITED |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 |
| HEPWORTH PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 08285165) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 30 November 2020 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| HEPWORTH PROPERTY COMPANY LIMITED |
| COMPANY INFORMATION |
| for the year ended 30 November 2020 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Vernon House |
| 40 New North Road |
| Huddersfield |
| West Yorkshire |
| HD1 5LS |
| HEPWORTH PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 08285165) |
| BALANCE SHEET |
| 30 November 2020 |
| 2020 | 2019 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | 9 | ( |
) | ( |
) |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| 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. |
| HEPWORTH PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 08285165) |
| BALANCE SHEET - continued |
| 30 November 2020 |
| 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 |
| HEPWORTH PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 08285165) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 30 November 2020 |
| 1. | STATUTORY INFORMATION |
| Hepworth Property Company Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is recognised on the basis of rent receivable in the period. |
| Tangible fixed assets |
| Freehold property | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Government grants |
| Government grants relate to furloughed employee costs and interest covered by the government on bounce back loans. The income has been matched to the period in which the costs relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| HEPWORTH PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 08285165) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 November 2020 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | and | Computer |
| property | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 December 2019 |
| Additions |
| At 30 November 2020 |
| DEPRECIATION |
| At 1 December 2019 |
| Charge for year |
| At 30 November 2020 |
| NET BOOK VALUE |
| At 30 November 2020 |
| At 30 November 2019 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2019 |
| £ | £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2019 |
| £ | £ |
| Bank loans and overdrafts |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2020 | 2019 |
| £ | £ |
| Bank loans |
| Other creditors |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 162,302 | 161,522 |
| HEPWORTH PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 08285165) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 November 2020 |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2020 | 2019 |
| £ | £ |
| Bank loans |
| Loans are secured on the property and by the government. |
| 9. | PROVISIONS FOR LIABILITIES |
| 2020 | 2019 |
| £ | £ |
| Deferred tax | 3,000 | 2,907 |
| Deferred |
| tax |
| £ |
| Balance at 1 December 2019 |
| Provided during year |
| Balance at 30 November 2020 |
| 10. | RELATED PARTY DISCLOSURES |
| At 30 November 2020 £275,575 (2019: £261,666 was owed by the company to the director by way of directors loan account. |