Conifercourt Holdings Limited - Accounts to registrar (filleted) - small 18.2
Conifercourt Holdings Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
CONIFERCOURT HOLDINGS LIMITED |
Unaudited Financial Statements for the Year Ended 28 February 2022 |
CONIFERCOURT HOLDINGS LIMITED (REGISTERED NUMBER: 02108651) |
Contents of the Financial Statements |
for the year ended 28 February 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
CONIFERCOURT HOLDINGS LIMITED |
Company Information |
for the year ended 28 February 2022 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Nightingale House |
46-48 East Street |
Epsom |
Surrey |
KT17 1HQ |
CONIFERCOURT HOLDINGS LIMITED (REGISTERED NUMBER: 02108651) |
Balance Sheet |
28 February 2022 |
2022 | 2021 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 5 |
Investment property | 6 |
CURRENT ASSETS |
Debtors | 7 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Retained earnings | 10 |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
CONIFERCOURT HOLDINGS LIMITED (REGISTERED NUMBER: 02108651) |
Notes to the Financial Statements |
for the year ended 28 February 2022 |
1. | STATUTORY INFORMATION |
Conifercourt Holdings Limited is a |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets. |
TURNOVER |
Turnover represents amounts receivable in respect of rental income. |
INVESTMENT PROPERTY |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
TAXATION |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
DEFERRED TAX |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
INVESTMENTS |
Fixed asset investments are included at cost. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
CONIFERCOURT HOLDINGS LIMITED (REGISTERED NUMBER: 02108651) |
Notes to the Financial Statements - continued |
for the year ended 28 February 2022 |
5. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST |
At 1 March 2021 |
and 28 February 2022 |
NET BOOK VALUE |
At 28 February 2022 |
At 28 February 2021 |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Registered office: England and Wales |
Nature of business: |
% |
Class of shares: | holding |
Registered office: England and Wales |
Nature of business: |
% |
Class of shares: | holding |
Registered office: England and Wales |
Nature of business: |
% |
Class of shares: | holding |
6. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 March 2021 |
and 28 February 2022 |
NET BOOK VALUE |
At 28 February 2022 |
At 28 February 2021 |
The properties were revalued by Harding Chartered Surveyors on 25 June 2015 on an open market basis. |
CONIFERCOURT HOLDINGS LIMITED (REGISTERED NUMBER: 02108651) |
Notes to the Financial Statements - continued |
for the year ended 28 February 2022 |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Other debtors |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Amounts owed to group undertakings |
Other creditors |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2022 | 2021 |
value: | £ | £ |
Ordinary | £1 | 100,000 | 100,000 |
10. | RESERVES |
In accordance with FRS102 the investment property revaluation reserve previously separately disclosed in 'Capital and Reserves' under UK GAAP has been taken to the profit and loss reserves. The revaluation of the investment properties and the associated deferred taxation on the revaluation is non distributable. |
The split of retained earnings between distributable and non distributable is as follows: |
Retained earnings (distributable) | Retained earnings (non distributable) | Totals |
£ | £ | £ |
At 1 March 2021 | 251,007 | 495,594 | 746,601 |
Profit/(loss) for the year | (63,175 | ) | - | (63,175 | ) |
Dividend | - |
At 28 February 2022 | 187,832 | 495,594 | 683,426 |
11. | RELATED PARTY DISCLOSURES |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
12. | ULTIMATE CONTROLLING PARTY |