Higgihaus Operations Ltd - Accounts

Higgihaus Operations Ltd - Accounts

HIGGIHAUS OPERATIONS LTD - Company Information

Print Friendly Version

2020-04-01 2021-03-31 false Capium Accounts Production 1.1 10674450 bus:AbridgedAccounts 2020-04-01 2021-03-31 10674450 bus:FRS102 2020-04-01 2021-03-31 10674450 bus:AuditExemptWithAccountantsReport 2020-04-01 2021-03-31 10674450 bus:SmallCompaniesRegimeForAccounts 2020-04-01 2021-03-31 10674450 bus:PrivateLimitedCompanyLtd 2020-04-01 2021-03-31 10674450 2020-04-01 2021-03-31 10674450 2021-03-31 10674450 bus:RegisteredOffice 2020-04-01 2021-03-31 10674450 core:WithinOneYear 2021-03-31 10674450 core:AfterOneYear 2021-03-31 10674450 bus:Director1 2020-04-01 2021-03-31 10674450 bus:Director1 2021-03-31 10674450 bus:Director1 2019-04-01 2020-03-31 10674450 bus:Director2 2020-04-01 2021-03-31 10674450 bus:Director2 2021-03-31 10674450 bus:Director2 2019-04-01 2020-03-31 10674450 bus:Director3 2020-04-01 2021-03-31 10674450 bus:Director3 2021-03-31 10674450 bus:Director3 2019-04-01 2020-03-31 10674450 2019-04-01 10674450 bus:CompanySecretary1 2020-04-01 2021-03-31 10674450 bus:LeadAgentIfApplicable 2020-04-01 2021-03-31 10674450 2019-04-01 2020-03-31 10674450 2020-03-31 10674450 core:WithinOneYear 2020-03-31 10674450 core:AfterOneYear 2020-03-31 10674450 bus:EntityAccountantsOrAuditors 2019-04-01 2020-03-31 10674450 bus:OrdinaryShareClass1 2020-04-01 2021-03-31 10674450 bus:OrdinaryShareClass1 2021-03-31 10674450 bus:OrdinaryShareClass1 2019-04-01 2020-03-31 10674450 bus:OrdinaryShareClass1 2020-03-31 10674450 core:FurnitureFittings 2020-04-01 2021-03-31 10674450 core:FurnitureFittings 2021-03-31 10674450 core:FurnitureFittings 2020-03-31 10674450 core:ComputerEquipment 2020-04-01 2021-03-31 10674450 core:ComputerEquipment 2021-03-31 10674450 core:ComputerEquipment 2020-03-31 10674450 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2021-03-31 10674450 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2020-03-31 10674450 core:OtherResidualIntangibleAssets 2020-04-01 2021-03-31 10674450 core:OtherResidualIntangibleAssets 2021-03-31 10674450 core:OtherResidualIntangibleAssets 2020-03-31 10674450 core:CostValuation core:Non-currentFinancialInstruments 2021-03-31 10674450 core:CostValuation core:Non-currentFinancialInstruments 2020-03-31 10674450 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2021-03-31 10674450 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2021-03-31 10674450 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2021-03-31 10674450 core:Non-currentFinancialInstruments 2021-03-31 10674450 core:Non-currentFinancialInstruments 2020-03-31 10674450 core:ShareCapital 2021-03-31 10674450 core:ShareCapital 2020-03-31 10674450 core:RetainedEarningsAccumulatedLosses 2021-03-31 10674450 core:RetainedEarningsAccumulatedLosses 2020-03-31 10674450 dpl:Item1 2020-04-01 10674450 dpl:Item1 2021-03-31 10674450 dpl:Item1 2019-04-01 10674450 dpl:Item1 2020-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 10674450
England and Wales

 

 

 


Abridged Accounts

for the year ended 31 March 2021

for

HIGGIHAUS OPERATIONS LTD

Higgihaus Operations Ltd
Contents Page
For the year ended 31 March 2021
 
 		 Notes
 		 2021
£		   2020
£
Fixed assets      
Leasehold Improvements 49,986    74,293 
Tangible fixed assets 29,703    45,161 
79,689    119,454 
Current assets      
Debtors 101,093    96,722 
Cash at bank and in hand 28,912    23,052 
130,005    119,774 
Creditors: amount falling due within one year (375,825)   (370,031)
Net current liabilities (245,820)   (250,257)
 
Total assets less current liabilities (166,131)   (130,803)
Creditors: amount falling due after more than one year (61,581)   (35,894)
Net liabilities (227,712)   (166,697)
 

Capital and reserves 		     
Called up share capital 1,000    1,000 
Profit and loss account (228,712)   (167,697)
Shareholder's funds (227,712)   (166,697)
 


For the year ended 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The directors' of the company have elected not to include the Income Statement within the financial statements. 
The financial statements were approved by the board of directors on 29 March 2022 and were signed on its behalf by:


--------------------------------
L Spikes
Director
1
General Information
Higgihaus Operations Ltd is a company limited by shares and is incorporated in England and Wales. The address of the registered office is Warehouse 14, Bartley Street, Bedminster, Bristol, BS3 4DB. The nature of the company's operations and its principal activity was that of the provision serviced accommodation. 

The financial statements comprise the unaudited financial statements of the company up to 31 March, and are stated in pound sterling, the company's functional and presentational currency.
1.

Accounting policies

Significant accounting policies
The company's financial statements have been prepared in compliance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention and on a going concern basis.

The principal accounting policies applied in the preparation of these financial statements are set out below, these policies have been applied consistently to all the years presented, unless otherwise stated.
Turnover
Turnover comprises rental income receivable during the year net of VAT.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Leasehold improvements
Leasehold improvements are stated at cost less accumulated amortisation. Amortisation on leasehold improvements is calculated to write off the cost of the improvements over the life of the lease.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Leasehold improvements are stated at cost less accumulated amortisation. Amortisation on leasehold improvements are calculated to write off the cost of the improvements over the life of the lease. Depreciation on tangible fixed assets is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
                   
Fixtures and Fittings 25% Straight Line
Computer Equipment 25% Straight Line
2.

Average number of employees

Average number of employees during the year was 1 (2020 : 1).
3.

Leasehold Improvements

Cost Other   Total
  £   £
At 01 April 2020 121,536    121,536 
Additions -    - 
Disposals -    - 
At 31 March 2021 121,536    121,536 
Amortisation
At 01 April 2020 47,243    47,243 
Charge for year 24,307    24,307 
On disposals -    - 
At 31 March 2021 71,550    71,550 
Net book values
At 31 March 2021 49,986    49,986 
At 31 March 2020 74,293    74,293 


4.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Computer Equipment   Total
  £   £   £
At 01 April 2020 62,656    6,936    69,592 
Additions 680    1,907    2,587 
Disposals -    -    - 
At 31 March 2021 63,336    8,843    72,179 
Depreciation
At 01 April 2020 20,046    4,385    24,431 
Charge for year 15,834    2,211    18,045 
On disposals -    -    - 
At 31 March 2021 35,880    6,596    42,476 
Net book values
Closing balance as at 31 March 2021 27,456    2,247    29,703 
Opening balance as at 01 April 2020 42,610    2,551    45,161 


5.

Share Capital

Allotted, called up and fully paid
2021
£		   2020
£
1,000 Ordinary shares of £1.00 each 1,000    1,000 
1,000    1,000 

2