| St Helens Park Preservation Society Ltd |
| Accountants' Report |
|
|
| Accountants' report to the directors of |
| St Helens Park Preservation Society Ltd |
|
| You consider that the company is exempt from an audit for the year ended 31 March 2022. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. |
| In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. |
| We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. |
|
| Richard Bourne FAIA |
| Richard Bourne Accountancy |
|
| 9 Darwell Close |
| St Leonards on Sea |
| East Sussex |
| TN38 9TN |
|
| 10 June 2022 |
|
| St Helens Park Preservation Society Ltd |
| Registered number: |
00676963 |
| Balance Sheet |
| as at 31 March 2022 |
|
| Notes |
|
|
2022 |
|
|
2021 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
145,847 |
|
|
109,377 |
| Investments |
4 |
|
|
40,271 |
|
|
33,377 |
|
|
|
|
186,118 |
|
|
142,754 |
|
| Current assets |
| Debtors |
5 |
|
3,404 |
|
|
4,091 |
| Cash at bank and in hand |
|
|
261,521 |
|
|
293,864 |
|
|
|
264,925 |
|
|
297,955 |
|
| Creditors: amounts falling due within one year |
7 |
|
(6,135) |
|
|
(5,618) |
|
| Net current assets |
|
|
|
258,790 |
|
|
292,337 |
|
| Net assets |
|
|
|
444,908 |
|
|
435,091 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Profit and loss account |
|
|
|
444,908 |
|
|
435,091 |
|
| Shareholders' funds |
|
|
|
444,908 |
|
|
435,091 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| R Jenyon |
| Director |
| Approved by the board on 10 June 2022 |
|
| St Helens Park Preservation Society Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2022 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 50 years |
|
Leasehold land and buildings |
over the lease term |
|
Plant and machinery |
over 10 years |
|
Fixtures, fittings, tools and equipment |
over 10 years |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Employees |
2022 |
|
2021 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 April 2021 |
103,786 |
|
17,230 |
|
121,016 |
|
Additions |
38,529 |
|
- |
|
38,529 |
|
Disposals |
- |
|
(174) |
|
(174) |
|
At 31 March 2022 |
142,315 |
|
17,056 |
|
159,371 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2021 |
3,514 |
|
8,125 |
|
11,639 |
|
Charge for the year |
353 |
|
1,706 |
|
2,059 |
|
On disposals |
- |
|
(174) |
|
(174) |
|
At 31 March 2022 |
3,867 |
|
9,657 |
|
13,524 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2022 |
138,448 |
|
7,399 |
|
145,847 |
|
At 31 March 2021 |
100,272 |
|
9,105 |
|
109,377 |
|
|
| 4 |
Investments |
|
| Other |
| investments |
| £ |
|
Cost |
|
At 1 April 2021 |
33,377 |
|
Revaluation |
6,894 |
|
|
At 31 March 2022 |
40,271 |
|
|
| 5 |
Debtors |
2022 |
|
2021 |
| £ |
£ |
|
|
Other debtors |
3,404 |
|
4,091 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Investments held as current assets |
2022 |
|
2021 |
| £ |
£ |
|
Fair value |
|
|
|
|
|
|
|
|
|
|
Increase/(decrease) in fair value included in the profit and loss account for the financial year |
|
Unlisted investments |
6,893 |
|
8,562 |
|
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due within one year |
2022 |
|
2021 |
| £ |
£ |
|
|
Other creditors |
6,135 |
|
5,618 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
St Helens Park Preservation Society Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
9 Darwell Close |
|
St Leonards on Sea |
|
East Sussex |
|
TN38 9TN |
