HEDDRIK & STROUT LIMITED - Period Ending 2021-01-31
HEDDRIK & STROUT LIMITED - Period Ending 2021-01-31
Registration number:
HEDDRIK & STROUT LIMITED
for the Year Ended 31 January 2021
HEDDRIK & STROUT LIMITED
Contents
Company Information |
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Directors' Report |
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Profit and Loss Account |
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Statement of Comprehensive Income |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Financial Statements |
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Detailed Profit and Loss Account |
HEDDRIK & STROUT LIMITED
Company Information
Directors |
Woodford Directors Limited Ms Andreea Ecaterina Mocanu |
Company secretary |
Woodford Services Limited |
Registered office |
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Accountants |
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HEDDRIK & STROUT LIMITED
Directors' Report for the Year Ended 31 January 2021
The directors present their report and the financial statements for the year ended 31 January 2021.
Directors of the company
The directors who held office during the year were as follows:
Principal activity
The principal activity of the company is that of an investment holding company.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the
.........................................
Director
HEDDRIK & STROUT LIMITED
Profit and Loss Account for the Year Ended 31 January 2021
Note |
2021 |
2020 |
|
Turnover |
- |
- |
|
Administrative expenses |
( |
( |
|
Operating loss |
( |
( |
|
Loss before tax |
( |
( |
|
Loss for the financial year |
( |
( |
The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
HEDDRIK & STROUT LIMITED
Statement of Comprehensive Income for the Year Ended 31 January 2021
2021 |
2020 |
|
Loss for the year |
( |
( |
Total comprehensive income for the year |
( |
( |
HEDDRIK & STROUT LIMITED
(Registration number: 06057119)
Balance Sheet as at 31 January 2021
Note |
2021 |
2020 |
|
Fixed assets |
|||
Investment property |
|
|
|
Creditors: Amounts falling due within one year |
( |
( |
|
Total assets less current liabilities |
|
|
|
Creditors: Amounts falling due after more than one year |
( |
( |
|
Net liabilities |
( |
( |
|
Capital and reserves |
|||
Called up share capital |
|
|
|
Profit and loss account |
( |
( |
|
Total equity |
( |
( |
For the financial year ending 31 January 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
.........................................
Director
HEDDRIK & STROUT LIMITED
Statement of Changes in Equity for the Year Ended 31 January 2021
Share capital |
Profit and loss account |
Total |
|
At 1 February 2020 |
|
( |
( |
Loss for the year |
- |
( |
( |
Total comprehensive income |
- |
( |
( |
At 31 January 2021 |
|
( |
( |
Share capital |
Profit and loss account |
Total |
|
At 1 February 2019 |
|
( |
( |
Loss for the year |
- |
( |
( |
Total comprehensive income |
- |
( |
( |
At 31 January 2020 |
|
( |
( |
HEDDRIK & STROUT LIMITED
Notes to the Financial Statements for the Year Ended 31 January 2021
General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Investment property
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
HEDDRIK & STROUT LIMITED
Notes to the Financial Statements for the Year Ended 31 January 2021
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Investment properties |
2021 |
|
At 1 February |
|
There has been no valuation of investment property by an independent valuer. The directors consider there have been no material changes to the value of the property.
HEDDRIK & STROUT LIMITED
Notes to the Financial Statements for the Year Ended 31 January 2021
Creditors |
Creditors: amounts falling due within one year
2021 |
2020 |
|
Due within one year |
||
Accruals and deferred income |
|
|
Other creditors |
- |
|
|
|
Creditors: amounts falling due after more than one year
Note |
2021 |
2020 |
|
Due after one year |
|||
Loans and borrowings |
|
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Share capital |
Allotted, called up and fully paid shares
2021 |
2020 |
|||
No. |
€ |
No. |
€ |
|
|
|
1 |
|
1 |
Loans and borrowings |
2021 |
2020 |
|
Non-current loans and borrowings |
||
Other borrowings |
|
|
Related party transactions |
Loans from related parties
HEDDRIK & STROUT LIMITED
Notes to the Financial Statements for the Year Ended 31 January 2021
2021 |
Other related parties |
At start of period |
|
Advanced |
|
At end of period |
|
2020 |
Other related parties |
At start of period |
|
HEDDRIK & STROUT LIMITED
Detailed Profit and Loss Account for the Year Ended 31 January 2021
2021 |
2020 |
|
Turnover (analysed below) |
- |
- |
Administrative expenses |
||
General administrative expenses (analysed below) |
(831) |
(2,131) |
Operating loss |
(831) |
(2,131) |
Loss before tax |
(831) |
(2,131) |
HEDDRIK & STROUT LIMITED
Detailed Profit and Loss Account for the Year Ended 31 January 2021
2021 |
2020 |
General administrative expenses |
||
Accountancy fees |
(831) |
(881) |
Management fees |
- |
(1,250) |
(831) |
(2,131) |