ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

HARLEQUINSTAR LIMITED - Company Information

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Caseware UK (AP4) 2020.0.247 2020.0.247 2021-06-302021-06-30The principal activity of the company during the year was that of rent collection and property management agent.The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.12020-07-01false1truetrue 04461554 2020-07-01 2021-06-30 04461554 2019-07-01 2020-06-30 04461554 2021-06-30 04461554 2020-06-30 04461554 c:Director1 2020-07-01 2021-06-30 04461554 d:CurrentFinancialInstruments 2021-06-30 04461554 d:CurrentFinancialInstruments 2020-06-30 04461554 d:CurrentFinancialInstruments d:WithinOneYear 2021-06-30 04461554 d:CurrentFinancialInstruments d:WithinOneYear 2020-06-30 04461554 d:ShareCapital 2021-06-30 04461554 d:ShareCapital 2020-06-30 04461554 d:RetainedEarningsAccumulatedLosses 2021-06-30 04461554 d:RetainedEarningsAccumulatedLosses 2020-06-30 04461554 c:OrdinaryShareClass1 2020-07-01 2021-06-30 04461554 c:OrdinaryShareClass1 2021-06-30 04461554 c:OrdinaryShareClass1 2020-06-30 04461554 c:FRS102 2020-07-01 2021-06-30 04461554 c:AuditExempt-NoAccountantsReport 2020-07-01 2021-06-30 04461554 c:FullAccounts 2020-07-01 2021-06-30 04461554 c:PrivateLimitedCompanyLtd 2020-07-01 2021-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04461554










HARLEQUINSTAR LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2021
 
HARLEQUINSTAR LIMITED
 

CONTENTS



Page
Balance sheet
 
1
Notes to the financial statements
 
2 - 3

 
HARLEQUINSTAR LIMITED
REGISTERED NUMBER: 04461554

BALANCE SHEET
AS AT 30 JUNE 2021

2021
2020
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
56,521

Cash at bank and in hand
  
141,859
40,326

  
141,859
96,847

Creditors: amounts falling due within one year
 5 
(46,211)
(2,391)

Net current assets
  
 
 
95,648
 
 
94,456

  

Net assets
  
95,648
94,456


Capital and reserves
  

Called up share capital 
 6 
1
1

Profit and loss account
  
95,647
94,455

  
95,648
94,456


The director considers 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 director acknowledges his 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 statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

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



Mr V.N. Tavinor
Director

Date: 30 March 2022

The notes on pages 2 to 3 form part of these financial statements.

Page 1
 
HARLEQUINSTAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2021

1.


General information

Harlequinstar Limited (the company) is a private company, limited by shares, incorporated in England and Wales. The address of its registered office is Rutland House, 148 Edmund Street, Birmingham, B3 2FD.

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

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue represents commissions which can be measured reliably and are receivable.

 
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

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
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.

 
2.6

Taxation

Tax is recognised in the Statement of income and retained earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2020 - 1).

Page 2
 
HARLEQUINSTAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2021

4.


Debtors

2021
2020
£
£


Other debtors
-
56,521



5.


Creditors: Amounts falling due within one year

2021
2020
£
£

Corporation tax
280
171

Other creditors
43,651
-

Accruals and deferred income
2,280
2,220

46,211
2,391



6.


Share capital

2021
2020
£
£
Allotted, called up and fully paid



1 (2020 - 1) Ordinary share of £1.00
1
1


 
Page 3