Harewood Enterprises Limited 31/12/2021 iXBRL
Harewood Enterprises Limited 31/12/2021 iXBRL
Company registration number:
02661416
HAREWOOD ENTERPRISES LIMITED
Contents
Statement of financial position
Notes to the financial statements
HAREWOOD ENTERPRISES LIMITED
STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2021
2021 | 2020 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
|
|
||||||
_______ | _______ | ||||||||
|
|
||||||||
Current assets | |||||||||
Debtors | 6 |
|
|
||||||
Cash at bank and in hand |
|
|
|||||||
_______ | _______ | ||||||||
|
|
||||||||
Creditors: amounts falling due | |||||||||
within one year | 8 |
(
|
(
|
||||||
_______ | _______ | ||||||||
Net current assets/(liabilities) |
|
(
|
|||||||
_______ | _______ | ||||||||
Total assets less current liabilities |
|
|
|||||||
Creditors: amounts falling due | |||||||||
after more than one year | 9 |
(
|
- | ||||||
Provisions for liabilities |
(
|
(
|
|||||||
_______ | _______ | ||||||||
Net assets |
|
|
|||||||
_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital |
|
|
|||||||
Profit and loss account | 10 |
|
|
||||||
_______ | _______ | ||||||||
Shareholders funds |
|
|
|||||||
_______ | _______ | ||||||||
Directors responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
05 September 2022
, and are signed on behalf of the board by:
Director
Company registration number:
02661416
HAREWOOD ENTERPRISES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2021
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Harewood House, Peter Tavy, Tavistock, Devon.
Principal activity
The principal activity of the company is that of property investment.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Turnover
Taxation
Tangible assets
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:
Plant and machinery | - |
|
|
|
Fittings fixtures and equipment | - |
|
|
|
Impairment
Provisions
Financial instruments
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
4
(2020:
4
).
5.
Tangible assets
Freehold property | Fixtures, fittings and equipment | Total | ||
£ | £ | £ | ||
Cost | ||||
At 1 January 2021 and 31 December 2021 |
|
|
|
|
_______ | _______ | _______ | ||
Depreciation | ||||
At 1 January 2021 and 31 December 2021 | - |
|
|
|
_______ | _______ | _______ | ||
Carrying amount | ||||
At 31 December 2021 |
|
- |
|
|
_______ | _______ | _______ | ||
At 31 December 2020 |
|
- |
|
|
_______ | _______ | _______ | ||
Tangible assets held at valuation
In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:
Freehold property | Total | ||
£ | £ | ||
At 31 December 2021 | |||
Aggregate cost | 266,389 | 266,389 | |
Aggregate depreciation | - | - | |
_______ | _______ | ||
Carrying amount |
|
266,389 | |
_______ | _______ | ||
At 31 December 2020 | |||
Aggregate cost | 266,389 | 266,389 | |
Aggregate depreciation | - | - | |
_______ | _______ | ||
Carrying amount |
|
266,389 | |
_______ | _______ | ||
6.
Debtors
2021 | 2020 | |||
£ | £ | |||
Trade debtors |
|
|
||
Other debtors | - |
|
||
_______ | _______ | |||
|
|
|||
_______ | _______ | |||
7.
Cash and cash equivalents
2021 | 2020 | |||
£ | £ | |||
Cash at bank and in hand |
|
|
||
_______ | _______ | |||
8.
Creditors: amounts falling due within one year
2021 | 2020 | |||
£ | £ | |||
Bank loans and overdrafts |
|
|
||
Trade creditors | - |
|
||
Accruals and deferred income |
|
|
||
Social security and other taxes | 1,599 | 1,237 | ||
Other creditors | 6,467 | 6,467 | ||
_______ | _______ | |||
13,549 | 32,140 | |||
_______ | _______ | |||
The bank loan is secured under the Bounce Back Loan scheme.
9.
Creditors: amounts falling due after more than one year
2021 | 2020 | |||
£ | £ | |||
Bank loans and overdrafts |
|
- | ||
_______ | _______ | |||
The bank loan is secured under the Bounce Back Loan scheme.
10.
Reserves
11.
Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company: | ||||
2021 | ||||
Balance brought forward | Amounts repaid | Balance o/standing | ||
£ | £ | £ | ||
|
(
|
- |
(
|
|
_______ | _______ | _______ | ||
2020 | ||||
Balance brought forward | Amounts repaid | Balance o/standing | ||
£ | £ | £ | ||
|
(
|
|
(
|
|
_______ | _______ | _______ | ||