HIGHLINE ESTATES 1 LTD

HIGHLINE ESTATES 1 LTD

HIGHLINE ESTATES 1 LTD - Company Information

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1 June 2020 false No description of principal activity Taxfiler 2022.9 11995318business:PrivateLimitedCompanyLtd2020-06-012021-05-31 119953182020-05-31 119953182020-06-012021-05-31 11995318business:AuditExempt-NoAccountantsReport2020-06-012021-05-31 11995318business:FullAccounts2020-06-012021-05-31 119953182021-05-31 11995318business:Director12020-06-012021-05-31 11995318business:RegisteredOffice2020-06-012021-05-31 119953182020-05-31 11995318core:WithinOneYear2021-05-31 11995318core:WithinOneYear2020-05-31 11995318core:AfterOneYear2021-05-31 11995318core:AfterOneYear2020-05-31 11995318core:ShareCapital2021-05-31 11995318core:ShareCapital2020-05-31 11995318core:RevaluationReserve2021-05-31 11995318core:RevaluationReserve2020-05-31 11995318core:RetainedEarningsAccumulatedLosses2021-05-31 11995318core:RetainedEarningsAccumulatedLosses2020-05-31 11995318business:SmallEntities2020-06-012021-05-31 11995318countries:EnglandWales2020-06-012021-05-31 11995318core:LandBuildings2020-05-31 11995318core:LandBuildings2020-06-012021-05-31 11995318core:LandBuildings2021-05-31 119953182019-05-142020-05-31 iso4217:GBP xbrli:pure
Company Registration No. 11995318 (England and Wales)
HIGHLINE ESTATES 1 LTD Unaudited accounts for the year ended 31 May 2021
HIGHLINE ESTATES 1 LTD Unaudited accounts Contents
Page
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HIGHLINE ESTATES 1 LTD Company Information for the year ended 31 May 2021
Director
Feivel Intrater
Company Number
11995318 (England and Wales)
Registered Office
22 COLBERG PLACE LONDON N16 5RB UNITED KINGDOM
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HIGHLINE ESTATES 1 LTD Statement of financial position as at 31 May 2021
2021 
2020 
Notes
£ 
£ 
Called up share capital not paid
1 
1 
Fixed assets
Tangible assets
4
1,491,378 
576,378 
Current assets
Inventories
96,532 
186,420 
Debtors
5
128,092 
- 
Cash at bank and in hand
78,054 
9,985 
302,678 
196,405 
Creditors: amounts falling due within one year
6
(273,544)
(162,242)
Net current assets
29,134 
34,163 
Total assets less current liabilities
1,520,513 
610,542 
Creditors: amounts falling due after more than one year
7
(1,009,633)
(358,295)
Net assets
510,880 
252,247 
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
229,784 
229,784 
Profit and loss account
281,095 
22,462 
Shareholders' funds
510,880 
252,247 
For the year ending 31 May 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 October 2022 and were signed on its behalf by
Feivel Intrater Director Company Registration No. 11995318
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HIGHLINE ESTATES 1 LTD Notes to the Accounts for the year ended 31 May 2021
1
Statutory information
HIGHLINE ESTATES 1 LTD is a private company, limited by shares, registered in England and Wales, registration number 11995318. The registered office is 22 COLBERG PLACE, LONDON, N16 5RB, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 May 2021 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 14 May 2019. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 June 2020
576,378 
Additions
915,000 
At 31 May 2021
1,491,378 
Depreciation
At 31 May 2021
- 
Net book value
At 31 May 2021
1,491,378 
At 31 May 2020
576,378 
5
Debtors
2021 
2020 
£ 
£ 
Amounts falling due within one year
Other debtors
128,092 
- 
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HIGHLINE ESTATES 1 LTD Notes to the Accounts for the year ended 31 May 2021
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
- 
50 
Taxes and social security
67,473 
5,269 
Other creditors
203,431 
156,083 
Accruals
2,640 
840 
273,544 
162,242 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
1,009,633 
358,295 
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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