ACCOUNTS - Final Accounts preparation

THE OLD VICARAGE INVESTORS LIMITED - Company Information

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Registered number: 11932462

THE OLD VICARAGE INVESTORS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

THE OLD VICARAGE INVESTORS LIMITED

CONTENTS

	Page
Balance sheet	1
Notes to the financial statements	2 - 4

THE OLD VICARAGE INVESTORS LIMITED

REGISTERED NUMBER: 11932462

BALANCE SHEET

AS AT 31 MARCH 2021

		2021		2020
Note		£		£

Fixed assets
Investments	4		309,568		188,318
Current assets
Debtors: amounts falling due within one year	5	10		10
Creditors: amounts falling due within one year	6	(309,568)		(188,318)
Net current liabilities			(309,558)		(188,308)
Total assets less current liabilities			10		10

Net assets			10		10

Capital and reserves
Called up share capital	7	10	10
		10	10

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 October 2021.

L R Grove

Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

THE OLD VICARAGE INVESTORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

1.	General information

The Old Vicarage Investors Limited is a private company limited by shares, incorporated and domiciled in England. The address of the registered office is 17 Hockley Court, 2401 Stratford Road, Hockley Heath, West Midlands, B94 6NW.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The company has not traded during the year and has made neither a profit or loss. Accordingly, no profit and loss is presented.

The following principal accounting policies have been applied:

2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.3

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.4

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.5

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Employees

The average monthly number of employees, including directors, during the year was 2 (2020 - 2).

Page 2

THE OLD VICARAGE INVESTORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

4.	Fixed asset investments

		Investments in associates
		£
	Cost
	At 1 April 2020	188,318
	Additions	121,250
	At 31 March 2021	309,568

Debtors

					2021	2020
					£	£


Amounts owed by group undertakings	6	6
Amounts owed by related undertakings	4	4
	10	10

6.	Creditors: Amounts falling due within one year
		2021	2020
		£	£

	Amounts owed to group undertakings	309,568	188,318

Amounts owed to group and related undertakings include preference shares, see note 7.

Page 3

THE OLD VICARAGE INVESTORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

7.	Share capital
		2021	2020
		£	£

Allotted, called up and fully paid

6 (2020 - 6) Ordinary A shares of £1.00 each	6	6
4 (2020 - 4) Ordinary B shares of £1.00 each	4	4

	10	10

8.	Parent undertaking

The parent undertaking is Earlplace Limited. The address and principal place of business is 17 Hockley Court, 2401 Stratford Road, Hockley Heath, West Midlands, B94 6NW.

Page 4