5 Amersham Hill Trading Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 09887626 (England and Wales)

Audited Financial Statements for the Year Ended 31st March 2022

for

5 Amersham Hill Trading Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

E Bland

W R Whymark

REGISTERED OFFICE:

Unit 1, Lancaster Court

Coronation Road

Cressex Business Park

High Wycombe

Buckinghamshire

HP12 3TD

REGISTERED NUMBER:

09887626 (England and Wales)

SENIOR STATUTORY AUDITOR:

M Howard (FCA)

AUDITORS:

Hazlewoods LLP

Windsor House

Bayshill Road

Cheltenham

Gloucestershire

GL50 3AT

FIXED ASSETS

Tangible assets

4

21,633

26,780

Investment property

5

2,870,000

2,500,000

2,891,633

2,526,780

CURRENT ASSETS

Debtors

6

4,612

4,612

Cash at bank

26

-

4,638

4,612

CREDITORS

Amounts falling due within one year

7

763,881

786,189

NET CURRENT LIABILITIES

(759,243

)

(781,577

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,132,390

1,745,203

PROVISIONS FOR LIABILITIES

541,052

341,875

NET ASSETS

1,591,338

1,403,328

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Revaluation reserve

8

277,500

-

Retained earnings

1,312,838

1,402,328

SHAREHOLDERS' FUNDS

1,591,338

1,403,328

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21st December 2022 and were signed on its behalf by:

E Bland - Director

1.	STATUTORY INFORMATION

5 Amersham Hill Trading Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% Straight line

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2021

44,580

Additions

3,900

At 31st March 2022

48,480

DEPRECIATION

At 1st April 2021

17,800

Charge for year

9,047

At 31st March 2022

26,847

NET BOOK VALUE

At 31st March 2022

21,633

At 31st March 2021

26,780

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2021

2,500,000

Revaluations

370,000

At 31st March 2022

2,870,000

NET BOOK VALUE

At 31st March 2022

2,870,000

At 31st March 2021

2,500,000

Fair value at 31st March 2022 is represented by:

£

Valuation in 2019

1,772,563

Valuation in 2022

370,000

Cost

727,437

2,870,000

Investment property was valued on an open market basis on 16th May 2019 by Aitchison Raffery .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Amounts owed by group undertakings

4,612

4,612

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Amounts owed to group undertakings

736,037

762,049

Taxation and social security

8,344

3,080

Other creditors

19,500

21,060

763,881

786,189

8.

RESERVES

Revaluation

reserve

£

Property Revaluation

277,500

At 31st March 2022

277,500

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

M Howard (FCA) (Senior Statutory Auditor)

for and on behalf of Hazlewoods LLP

10.	RELATED PARTY DISCLOSURES

The ultimate parent undertaking is The Coin Group Ltd, which prepares group financial statements. The registered office of The Coin Group Ltd is Unit 1 Lancaster Court, Coronation Road, Cressex Business Park, High Wycombe, Buckinghamshire, HP12 3TD.