Highbarrow Holdings Limited
Highbarrow Holdings Limited
Registered number: 10293573
Unaudited ABRIDGED Financial Statements
For The Year Ended
31 December 2021
Highbarrow Holdings Limited
Unaudited Financial Statements
For The Year Ended
31 December 2021
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Abridged Balance Sheet | 1—2 |
| Notes to the Abridged Financial Statements | 3—4 |
Highbarrow Holdings Limited
Abridged Balance Sheet
As at
31 December 2021
Abridged Balance Sheet
Registered number:
10293573
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2021 in accordance with section 444(2A) of the Companies Act 2006.
| 2021 | 2020 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 3 |
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| CURRENT ASSETS | |||||
| Debtors | 4 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | (5,756,955) | (5,716,155) | |||
| NET LIABILITIES |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 5 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | (180,420) | (91,456) | |||
Highbarrow Holdings Limited
Abridged Balance Sheet (continued)
As at
31 December 2021
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Director
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The notes on pages 3 to 4 form part of these financial statements.
Highbarrow Holdings Limited
Notes to the Abridged Financial Statements
For The Year Ended
31 December 2021
Notes to the Abridged Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Going Concern Disclosure
The company had net liabilities of £139,620 (2020 - £91,456) as at the balance sheet date.
However, the directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The directors have assessed the impact of the global pandemic COVID 19 and taken steps to ensure that it will not have an impact on the company to operate profitably in the foreseeable future. The company is in a strong financial position and will remain so, in the opinion of the directors.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Freehold |
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2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
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| Office and administration |
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3.
Tangible Assets
| Total | |
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| Cost | |
| As at
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| Additions |
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| As at
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| Net Book Value | |
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| As at
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Highbarrow Holdings Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended
31 December 2021
4.
Debtors
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Due after more than one year | |||
| Amounts owed by associates |
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6.
Related Party Transactions
The company has taken advantage of the exemption available in FRS 102 (s33 ''Related Party Disclosure''), whereby it has not disclosed transactions with the parent company or any wholly owned subidiaries of the group.
7.
Ultimate Controlling Party
The company's ultimate controlling party is HMAF Holdings Limited, a company incorporated in British Virgin Islands and registered at Trident Chambers PO Box 146 Road Town Tortola, British Virgin Islands by virtue of its ownership of 100% of the issued share capital in the company.
8.
General Information
Highbarrow Holdings Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
10293573
. The registered office is 7 Poplar Road, Denham, Uxbridge, UB9 4AN.