HB Holdings 2020 Limited Filleted accounts for Companies House (small and micro)

HB HOLDINGS 2020 LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 13078919

HB Holdings 2020 Limited

Filleted Unaudited Financial Statements

31 March 2022

HB Holdings 2020 Limited

Statement of Financial Position

31 March 2022

	2022
Note	£

Fixed assets

Investments	4	2

Current assets

Debtors	5	199
		----
Net current assets		199
		----
Total assets less current liabilities		201
		----

Capital and reserves

Called up share capital	200
Profit and loss account	1
	----
Shareholders funds	201
	----

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 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 27 March 2023 , and are signed on behalf of the board by:

Mr J R Brown

Director

Company registration number: 13078919

HB Holdings 2020 Limited

Notes to the Financial Statements

Year ended 31 March 2022

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 159-173 St. John Street, London, EC1V 4QJ, United Kingdom.

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.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

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. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Investments

	Shares in group undertakings
	£
Cost
At 1 April 2021	–
Additions	8,300,001
Disposals	( 8,299,999)
	------------
At 31 March 2022	2
	------------
Impairment
At 1 April 2021 and 31 March 2022	–
	------------

Carrying amount
At 31 March 2022	2
	------------

5. Debtors

	2022
	£
Other debtors	199
	----

6. Related party transactions

The company has taken advantage of the exemption granted by paragraph 33.1(a) of FRS102, Related Party Disclosures, not to disclose transactions with group companies which are wholly owned subsidiaries of the group.

7. Controlling party

HB Holdings 2020 Limited is a wholly owned subsidiary of Hawkins Brown Architecture Limited.