Hockenhull_Holdings_Limited_31_Dec_2020_companies_house_set_of_accounts.html
Hockenhull_Holdings_Limited_31_Dec_2020_companies_house_set_of_accounts.html
Company registration number:
Report to the board of directors on the preparation of the unaudited statutory financial statements of Hockenhull Holdings Limited
Year ended 31 December 2020
As described on the statement of financial position, the Board of Directors of Hockenhull Holdings Limited are responsible for the preparation of the financial statements for the year ended 31 December 2020 , which comprise the statement of financial position, statement of changes in equity and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
Accountants and Auditors
Cholmondeley HouseDee Hills ParkChesterCheshireCH3 5ARUnited Kingdom
Date:
2 August 2021
Statement of Financial Position
2020 | 2019 | ||||
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Note | £ | £ | |||
Fixed assets | |||||
Investments | 5 |
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Total assets less current liabilities | 3,500,100 | 3,500,100 | |||
Capital and reserves | |||||
Called up share capital |
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Profit and loss account | - | - | |||
Shareholders funds |
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For the year ending 31 December 2020 , the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
These financial statements were approved by the board of directors and authorised for issue on 2 August 2021 , and are signed on behalf of the board by:
Director |
Company registration number:
12293235
Notes to the Financial Statements
Year ended 31 December 2020
1 General information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is The Vault, , 8 Boughton , Chester , Cheshire , CH3 5AG , United Kingdom.
2 Statement of compliance
These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.
3 Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The financial statements are prepared in sterling, which is the functional currency of the company.
Fixed asset investments
Investments in subsidiaries, associates and joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in subsidiaries, associates and joint ventures accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income or profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in profit or loss.
All other Investments held as fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated impairment losses.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
4 Average number of employees
The average number of persons employed by the company during the year was 2 (2019: 2 ).
5 Investments
Shares in group undertakings and participating interests | ||
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£ | ||
Cost | ||
At |
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At |
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Impairment | ||
At |
- | |
Carrying amount | ||
At |
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At 31 December 2019 |
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Investments held at valuation
In respect of fixed asset investments held at valuation, the comparable amounts that would have been recognised if the assets had been carried under the historical cost model are as follows:
2020 | 2019 | |||
---|---|---|---|---|
Shares in group undertakings and participating interests | Shares in group undertakings and participating interests | |||
£ | £ | |||
Aggregate historical cost | 3,500,100 | 3,500,100 | ||
Carrying amount | 3,500,100 | 3,500,100 |