ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

PIGEON (HEMEL HEMPSTEAD) LIMITED - Company Information

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Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-312021-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.0Managing and selling developments.2021-01-01false0falsetrue 11760704 2021-01-01 2021-12-31 11760704 2020-01-01 2020-12-31 11760704 2021-12-31 11760704 2020-12-31 11760704 c:Director1 2021-01-01 2021-12-31 11760704 d:CurrentFinancialInstruments 2021-12-31 11760704 d:CurrentFinancialInstruments 2020-12-31 11760704 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 11760704 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 11760704 d:ShareCapital 2021-12-31 11760704 d:ShareCapital 2020-12-31 11760704 d:RetainedEarningsAccumulatedLosses 2021-12-31 11760704 d:RetainedEarningsAccumulatedLosses 2020-12-31 11760704 c:OrdinaryShareClass1 2021-01-01 2021-12-31 11760704 c:OrdinaryShareClass1 2021-12-31 11760704 c:OrdinaryShareClass1 2020-12-31 11760704 c:OrdinaryShareClass2 2021-01-01 2021-12-31 11760704 c:OrdinaryShareClass2 2021-12-31 11760704 c:OrdinaryShareClass2 2020-12-31 11760704 c:FRS102 2021-01-01 2021-12-31 11760704 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 11760704 c:FullAccounts 2021-01-01 2021-12-31 11760704 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11760704









PIGEON (HEMEL HEMPSTEAD) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2021
 
PIGEON (HEMEL HEMPSTEAD) LIMITED
REGISTERED NUMBER: 11760704

BALANCE SHEET
AS AT 31 DECEMBER 2021

2021
2020
Note
£
£

  

CURRENT ASSETS
  

Stocks
 4 
9,327,020
9,184,772

Debtors: amounts falling due within one year
 5 
9,532
7,552

Cash at bank and in hand
  
57,249
37,888

  
9,393,801
9,230,212

Creditors: amounts falling due within one year
 6 
(461,169)
(298,568)

NET CURRENT ASSETS
  
 
 
8,932,632
 
 
8,931,644

TOTAL ASSETS LESS CURRENT LIABILITIES
  
8,932,632
8,931,644

  

NET ASSETS
  
8,932,632
8,931,644


CAPITAL AND RESERVES
  

Called up share capital 
 7 
8,936,251
8,936,251

Profit and loss account
  
(3,619)
(4,607)

  
8,932,632
8,931,644


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1
 
PIGEON (HEMEL HEMPSTEAD) LIMITED
REGISTERED NUMBER: 11760704
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2021

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 






W H van Cutsem
Director

Date: 5 September 2022

The notes on pages 3 to 4 form part of these financial statements.
Page 2
 
PIGEON (HEMEL HEMPSTEAD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1.


GENERAL INFORMATION

Pigeon (Hemel Hempstead) Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is Salisbury House, Station Road, Cambridge, CB1 2LA.
The principal trading address is Linden Square, 146 Kings Road, Bury St Edmunds, Suffolk, IP33 3DJ.
The Company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

  
2.2

STOCKS

Stocks and work in progress are valued at the lower of cost and net realisable value and represent development property held for resale and costs capitalised and carried forward under ongoing development projects.

 
2.3

DEBTORS

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

CREDITORS

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


EMPLOYEES

The Company has no employees other than the directors, who did not receive any remuneration (2020 - £NIL).

Page 3
 
PIGEON (HEMEL HEMPSTEAD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

4.


STOCKS

2021
2020
£
£

Development property
9,327,020
9,184,772



5.


DEBTORS

2021
2020
£
£


Other debtors
8,071
6,385

Prepayments
1,461
1,167

9,532
7,552



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021
2020
£
£

Trade creditors
10,011
2,198

Other creditors
445,000
295,000

Accruals and deferred income
6,158
1,370

461,169
298,568



7.


SHARE CAPITAL

2021
2020
£
£
ALLOTTED, CALLED UP AND FULLY PAID



848,943,761 (2020 - 848,943,800) Ordinary A shares of £0.01 each
8,489,438
8,489,438
44,681,251 (2020 - 44,681,300) Ordinary B shares of £0.01 each
446,813
446,813

8,936,251

8,936,251


 
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