Halbik Holdings Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12487606 (England and Wales)

Unaudited Financial Statements

for the Period 27 February 2020 to 28 February 2021

for

Halbik Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N de la Bedoyere

F V M de la Bedoyere

Mrs C J de la Bedoyere

REGISTERED OFFICE:

Wellwood

North Farm Road

Tunbridge Wells

Kent

TN2 3DR

REGISTERED NUMBER:

12487606 (England and Wales)

ACCOUNTANTS:

Ward Mackenzie Ltd

Chartered Accountants

Thatcher House

12 Mount Ephraim

Tunbridge Wells

Kent

TN4 8AS

FIXED ASSETS

Investments

4

64

Investment property

5

1,191,829

1,191,893

CURRENT ASSETS

Debtors

6

9,069

CREDITORS

Amounts falling due within one year

7

(21,067

)

NET CURRENT LIABILITIES

(11,998

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,179,895

CAPITAL AND RESERVES

Called up share capital

8

64

Retained earnings

9

1,179,831

SHAREHOLDERS' FUNDS

1,179,895

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 9 September 2021 and were signed on its behalf by:

F V M de la Bedoyere - Director

1.	STATUTORY INFORMATION

Halbik Holdings 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.

TURNOVER

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

INVESTMENTS IN SUBSIDIARIES

Investments in subsidiary undertakings are recognised at cost.

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.

DEFERRED TAX

Deferred tax is not recognised in respect of all timing differences that have originated but not reversed at the balance sheet date as these are considered immaterial.

FIXED ASSET INVESTMENTS

Investments are stated at cost less any provision for impairment.

The Company assess investments for impairment whenever events or changes in circumstances indicate that carrying value of an investment may not be recoverable. If any such indication of impairment exists an adjustment is made by the company to reflect the carrying value. An impairment loss is recognised immediately in the profit and loss account.

The Company will also assess if a revaluation of the investments is necessary each year and will adjust the carrying value if appropriate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	FIXED ASSET INVESTMENTS

Shares in

group

Listed

undertakings

investments

Totals

£

£

£

COST

Additions

64

2,078,369

2,078,433

Disposals

-

(2,078,369

)

(2,078,369

)

At 28 February 2021

64

-

64

NET BOOK VALUE

At 28 February 2021

64

-

64

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

1,191,829

At 28 February 2021

1,191,829

NET BOOK VALUE

At 28 February 2021

1,191,829

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by group undertakings

9,069

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Corporation tax

19,205

Accrued expenses

1,862

21,067

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

22

Ordinary A

£1

22

20

Ordinary B

£1

20

22

Ordinary C

£1

22

64

The following shares were allotted and fully paid for cash at par during the period:

22 Ordinary A shares of £1 each

20 Ordinary B shares of £1 each

22 Ordinary C shares of £1 each

The 'A' Ordinary shares, 'B' Ordinary shares and the 'C' Ordinary shares shall carry all rights to any profits which the Company may determine to distribute in respect of any financial year except that the directors may at any time resolve to declare a dividend on one class of share and not the other class, or declare unequal dividends attaching to each class of share.

On a return of assets on liquidation or otherwise the surplus assets of the Company remaining after payment of its liabilities shall belong to and be distributed amongst the holders of the 'A' Ordinary shares, 'B' Ordinary shares and the 'C' Ordinary shares in proportion to the amounts paid up thereon.

Each class of share in entitled to equal voting rights.

9.

RESERVES

Retained

earnings

£

Profit for the period

3,352,073

Dividends

(2,172,242

)

At 28 February 2021

1,179,831

10.	RELATED PARTY DISCLOSURES

During the period, total dividends of £2,172,243 were paid to the directors .

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is F V M de la Bedoyere.