Harrow Village Developments Limited - Accounts to registrar (filleted) - small 18.2

Harrow Village Developments Limited - Accounts to registrar (filleted) - small 18.2

HARROW VILLAGE DEVELOPMENTS LIMITED - Company Information

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REGISTERED NUMBER: 02256298 (England and Wales)















HARROW VILLAGE DEVELOPMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2020






HARROW VILLAGE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 02256298)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2020










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HARROW VILLAGE DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2020







DIRECTORS: W A Jury
J F Jury
S C Jury





SECRETARY: W A Jury





REGISTERED OFFICE: 6 Rosebery Avenue
Epsom
Surrey
KT17 4LB





REGISTERED NUMBER: 02256298 (England and Wales)





ACCOUNTANTS: Watts Gregory LLP
Chartered Accountants
Elfed House
Oak Tree Court
Cardiff Gate Business Park
CARDIFF
County of Cardiff
CF23 8RS
Page 1
HARROW VILLAGE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 02256298)

BALANCE SHEET
30 SEPTEMBER 2020

2020 2019
Notes £    £   
CURRENT ASSETS
Debtors 5 - 1,520
Cash at bank 161 27
161 1,547
CREDITORS
Amounts falling due within one year 6 (136,666 ) (134,010 )
NET CURRENT LIABILITIES (136,505 ) (132,463 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(136,505
)
(132,463
)

CAPITAL AND RESERVES
Called up share capital 7 4,273,400 4,273,400
Retained earnings (4,409,905 ) (4,405,863 )
SHAREHOLDERS' FUNDS (136,505 ) (132,463 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2020 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 Profit and loss account has not been delivered.

The financial statements were approved for issue by the Board of Directors and authorised for issue on 21 September 2021 and were signed on its behalf by:





W A Jury - Director


The notes form part of these financial statements

Page 2
HARROW VILLAGE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 02256298)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2020


1. STATUTORY INFORMATION

Harrow Village Developments 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.

The company's functional and presentational currency in the financial statements is Sterling (£), rounded to the nearest pound.

The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

There have been no material departures from the Financial Reporting Standard 102 1A.

Going Concern
At 30 September 2020, the company had net liabilities of £136,854 (2019 - £132,463). However, the going concern basis for the preparation of the financial statements is considered appropriate in view of the fact that the directors will continue to support the company financially for the foreseeable future to enable it to meet its liabilities as they fall due for payment.

The director is satisfied that despite the Coronavirus pandemic, it is appropriate for the company's financial statements to be prepared on a going concern basis. The pandemic has resulted in a number of uncertainties arising and the director has taken steps to minimise the effect on the company and will continue to do so. In the circumstances the director has concluded that no adjustments are required to the financial statements at this time.

Turnover
Turnover represents amounts billed and billable in respect of property development services and sales of property during the year, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantively enacted at 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.

Non-derivative financial instruments
Basic financial instruments are recognised at amortised cost.

Page 3 continued...
HARROW VILLAGE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 02256298)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2020


3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 October 2019 537
Disposals (537 )
At 30 September 2020 -
DEPRECIATION
At 1 October 2019 537
Eliminated on disposal (537 )
At 30 September 2020 -
NET BOOK VALUE
At 30 September 2020 -
At 30 September 2019 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Trade debtors - 1,120
Other debtors - 400
- 1,520

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
VAT 194 387
Directors' current account - W A and J F
Jury
134,722
131,874
Accruals and deferred income 1,750 1,749
136,666 134,010

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2020 2019
value: £    £   
4,273,400 Ordinary £1 4,273,400 4,273,400

Page 4