West Park House Developments Limited Filleted accounts for Companies House (small and micro)
West Park House Developments Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
8533483
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Statement of Financial Position |
2020 |
2019 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
4 |
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Current assets
Debtors |
5 |
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– |
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Cash at bank and in hand |
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--------- |
------- |
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Creditors: amounts falling due within one year |
6 |
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--------- |
--------- |
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Net current liabilities |
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--------- |
--------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
7 |
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– |
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Provisions
Taxation including deferred tax |
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--------- |
-------- |
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Net assets |
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--------- |
-------- |
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Statement of Financial Position (continued) |
2020 |
2019 |
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Note |
£ |
£ |
£ |
Capital and reserves
Called up share capital |
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Profit and loss account |
8 |
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-------- |
-------- |
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Shareholders funds |
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-------- |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Director's responsibilities:
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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
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
17 September 2021
, and are signed on behalf of the board by:
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Director |
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Company registration number:
8533483
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Notes to the Financial Statements |
Year ended 31 December 2020
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 Greengate, Cardale Park, Harrogate, HG3 1GY.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
The accounts are prepared on the going concern basis.
Going concern
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (b) No cash flow statement has been presented for the company.
Revenue recognition
Income tax
Tangible assets
Investment property
Impairment of fixed assets
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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Government grants
Provisions
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4.
Tangible assets
Land and buildings |
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£ |
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Cost |
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At 1 January 2020 |
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Disposals |
(
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--------- |
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At 31 December 2020 |
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--------- |
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Depreciation |
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At 1 January 2020 and 31 December 2020 |
– |
--------- |
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Carrying amount |
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At 31 December 2020 |
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--------- |
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At 31 December 2019 |
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--------- |
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5.
Debtors
2020 |
2019 |
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£ |
£ |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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– |
--------- |
---- |
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6.
Creditors:
amounts falling due within one year
2020 |
2019 |
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£ |
£ |
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Bank loans and overdrafts |
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– |
Trade creditors |
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Other creditors |
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7.
Creditors:
amounts falling due after more than one year
2020 |
2019 |
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£ |
£ |
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Bank loans and overdrafts |
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– |
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---- |
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8.
Reserves
Profit and loss account - This reserve records retained earnings and accumulated losses. Included within the Profit and Loss reserve is an amount of £67,651 relating to the revaluation of investment properties (net of deferred tax provisions) which are un-distributable
9.
Director's advances, credits and guarantees
The directors loan account remained in credit throughout the current year. There were no guarantees in the year.
10.
Related party transactions
The company was under the control of the directors throughout the current period. No other transactions are required to be disclosed under the Financial Reporting Standard 102.