Hidcot Acquisitions Ltd Filleted accounts for Companies House (small and micro)

Hidcot Acquisitions Ltd Filleted accounts for Companies House (small and micro)

HIDCOT ACQUISITIONS LTD - Company Information

Print Friendly Version

0 false false false false false false false false false true false false false false false false No description of principal activity 2020-04-01 Sage Accounts Production Advanced 2020 - FRS102_2019 1 1 1 xbrli:pure xbrli:shares iso4217:GBP 07179457 2020-04-01 2021-03-31 07179457 2021-03-31 07179457 2020-03-31 07179457 bus:Director1 2020-04-01 2021-03-31 07179457 core:ShareCapital 2021-03-31 07179457 core:ShareCapital 2020-03-31 07179457 core:CostValuation core:Non-currentFinancialInstruments 2021-03-31 07179457 core:Non-currentFinancialInstruments 2021-03-31 07179457 core:Non-currentFinancialInstruments 2020-03-31 07179457 bus:SmallEntities 2020-04-01 2021-03-31 07179457 bus:AuditExemptWithAccountantsReport 2020-04-01 2021-03-31 07179457 bus:FullAccounts 2020-04-01 2021-03-31 07179457 bus:SmallCompaniesRegimeForAccounts 2020-04-01 2021-03-31 07179457 bus:PrivateLimitedCompanyLtd 2020-04-01 2021-03-31
COMPANY REGISTRATION NUMBER: 07179457
HIDCOT ACQUISITIONS LTD
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 March 2021
HIDCOT ACQUISITIONS LTD
STATEMENT OF FINANCIAL POSITION
31 March 2021
2021
2020
Note
£
£
£
£
Fixed assets
Investments
4
1
1
Current assets
Cash at bank and in hand
99
99
-----
-----
Net current assets
99
99
-----
-----
Total assets less current liabilities
100
100
-----
-----
Capital and reserves
Called up share capital
100
100
-----
-----
Shareholders funds
100
100
-----
-----
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- 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 ;
- 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 20 December 2021 , and are signed on behalf of the board by:
E Jones
Director
Company registration number: 07179457
HIDCOT ACQUISITIONS LTD
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2021
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 7b Lakeland Business Park, Lamplugh Road, Cockermouth, CA13 0QT, england.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
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.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4. Investments
Shares in group undertakings
£
Cost
At 1 April 2020 and 31 March 2021
1
-----
Impairment
At 1 April 2020 and 31 March 2021
–
-----
Carrying amount
At 31 March 2021
1
-----
At 31 March 2020
1
-----