Hillcrest House (Langland) Ltd - Accounts to registrar (filleted) - small 18.2

Hillcrest House (Langland) Ltd - Accounts to registrar (filleted) - small 18.2

HILLCREST HOUSE (LANGLAND) LTD. - Company Information

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IRIS Accounts Production v21.1.6.35 02770008 director 1.11.19 31.10.20 31.10.20 0 0 false true false false true false Ordinary 0.0100 6% Preference shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure027700082019-10-31027700082020-10-31027700082019-11-012020-10-31027700082018-10-31027700082018-11-012019-10-31027700082019-10-3102770008ns16:EnglandWales2019-11-012020-10-3102770008ns15:PoundSterling2019-11-012020-10-3102770008ns11:Director12019-11-012020-10-3102770008ns11:PrivateLimitedCompanyLtd2019-11-012020-10-3102770008ns11:SmallEntities2019-11-012020-10-3102770008ns11:AuditExemptWithAccountantsReport2019-11-012020-10-3102770008ns11:SmallCompaniesRegimeForDirectorsReport2019-11-012020-10-3102770008ns11:SmallCompaniesRegimeForAccounts2019-11-012020-10-3102770008ns11:FullAccounts2019-11-012020-10-3102770008ns11:OrdinaryShareClass12019-11-012020-10-3102770008ns11:OrdinaryShareClass22019-11-012020-10-3102770008ns11:RegisteredOffice2019-11-012020-10-3102770008ns6:CurrentFinancialInstruments2020-10-3102770008ns6:CurrentFinancialInstruments2019-10-3102770008ns6:ShareCapital2020-10-3102770008ns6:ShareCapital2019-10-3102770008ns6:RetainedEarningsAccumulatedLosses2020-10-3102770008ns6:RetainedEarningsAccumulatedLosses2019-10-3102770008ns11:OrdinaryShareClass12020-10-3102770008ns11:OrdinaryShareClass22020-10-31
REGISTERED NUMBER: 02770008 (England and Wales)












HILLCREST HOUSE (LANGLAND) LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 OCTOBER 2020





Bevan Buckland LLP
Langdon House
Langdon Road
SA1 Swansea Waterfront
Swansea
SA1 8QY








HILLCREST HOUSE (LANGLAND) LTD (REGISTERED NUMBER: 02770008)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

HILLCREST HOUSE (LANGLAND) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2020







DIRECTOR: D I H Abbay-Bowen





REGISTERED OFFICE: C/O Bevan Buckland LLP
Langdon House
Langdon Road
Swansea
SA1 8QY





REGISTERED NUMBER: 02770008 (England and Wales)





ACCOUNTANTS: Bevan Buckland LLP
Langdon House
Langdon Road
SA1 Swansea Waterfront
Swansea
SA1 8QY
Page 1
HILLCREST HOUSE (LANGLAND) LTD (REGISTERED NUMBER: 02770008)

BALANCE SHEET
31 OCTOBER 2020

2020 2019
Notes £    £   
CURRENT ASSETS
Cash at bank - 1,712

CREDITORS
Amounts falling due within one year 4 2,412 -
NET CURRENT (LIABILITIES)/ASSETS (2,412 ) 1,712
TOTAL ASSETS LESS CURRENT
LIABILITIES
(2,412
)
1,712

CAPITAL AND RESERVES
Called up share capital 5 1,290 1,290
Retained earnings (3,702 ) 422
SHAREHOLDERS' FUNDS (2,412 ) 1,712

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 July 2021 and were signed by:





D I H Abbay-Bowen - Director


The notes form part of these financial statements

Page 2
HILLCREST HOUSE (LANGLAND) LTD (REGISTERED NUMBER: 02770008)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2020

1. STATUTORY INFORMATION

Hillcrest House (Langland) Ltd 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.

Going Concern
During 2018, the company sold its investment properties and therefore ceased to trade. The financial statements have been prepared on the basis the company is no longer a going concern. No material adjustment arose as a result of ceasing to apply the going concern basis.

The company has been dormant since.

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.

Page 3 continued...
HILLCREST HOUSE (LANGLAND) LTD (REGISTERED NUMBER: 02770008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2020

2. ACCOUNTING POLICIES - continued

Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions
Creditors and provisions are recognised where the company has a present obligation (legal and constructive) resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Presentational and functional currency
The presentational and functional currency is £ sterling.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Other creditors 2,412 -

5. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2020 2019
value: £    £   
489,533 Ordinary £0.00 1 490 490
80,000 6% Preference shares £1 800 800
1,290 1,290

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
HILLCREST HOUSE (LANGLAND) LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hillcrest House (Langland) Ltd for the year ended 31 October 2020 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Hillcrest House (Langland) Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hillcrest House (Langland) Ltd and state those matters that we have agreed to state to the director of Hillcrest House (Langland) Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hillcrest House (Langland) Ltd and its director for our work or for this report.

It is your duty to ensure that Hillcrest House (Langland) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Hillcrest House (Langland) Ltd. You consider that Hillcrest House (Langland) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hillcrest House (Langland) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bevan Buckland LLP
Langdon House
Langdon Road
SA1 Swansea Waterfront
Swansea
SA1 8QY


27 July 2021

This page does not form part of the statutory financial statements

Page 5