L. Herbert & Son Limited Filleted accounts for Companies House (small and micro)

L. HERBERT & SON, LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: NI002764

L. Herbert & Son Limited

Filleted Financial Statements

31 December 2022

L. Herbert & Son Limited

Financial Statements

Year ended 31 December 2022

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	3

L. Herbert & Son Limited

Officers and Professional Advisers

Director	Mr M A Herbert

Company secretary	Mrs L E Herbert

Registered office	Aisling House
	50 Stranmillis Embankment
	Belfast
	BT9 5FL

Auditor	Maneely Mc Cann Chartered Accountants
	Chartered Accountants & Statutory Auditors
	Aisling House
	50 Stranmillis Embankment
	Belfast
	BT9 5FL

Solicitors	Mills Selig
	21 Arthur Street
	Belfast
	BT1 4GA

L. Herbert & Son Limited

Statement of Financial Position

31 December 2022

	2022		2021
Note	£	£	£

Current assets

Debtors	4	523,457		523,457
		---------		---------
Net current assets			523,457	523,457
			---------	---------
Total assets less current liabilities			523,457	523,457
			---------	---------

Capital and reserves

Called up share capital	437,000	437,000
Profit and loss account	86,457	86,457
	---------	---------
Shareholders funds	523,457	523,457
	---------	---------

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 income and retained earnings has not been delivered.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 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 5 June 2023 , and are signed on behalf of the board by:

Mr M A Herbert
Director

Company registration number: NI002764

L. Herbert & Son Limited

Notes to the Financial Statements

Year ended 31 December 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 Aisling House, 50 Stranmillis Embankment, Belfast, BT9 5FL.

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.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Debtors

	2022	2021
	£	£
Other debtors	523,457	523,457
	---------	---------

5. Financial instruments

The carrying amount for each category of financial instrument is as follows:

	2022	2021
	£	£

Financial assets measured at fair value through profit or loss

Financial assets measured at fair value through profit or loss	523,457	523,457
	---------	---------

6. Summary audit opinion

The auditor's report dated 5 June 2023 was unqualified .

The senior statutory auditor was Cathal Maneely , for and on behalf of Maneely Mc Cann Chartered Accountants .

7. Related party transactions

Control The company is a wholly owned subsidiary of Herbel Limited, a company incorporated in Northern Ireland, which is a wholly owned subsidiary of Banner Dell Limited, a company incorporated in England and Wales. Banner Dell Limited is a wholly owned subsidiary of Herbert Corporate Holdings Limited, a company incorporated in Northern Ireland. Mrs L E Herbert is the shareholder of Herbert Corporate Holdings Limited and as such is considered to be the company's ultimate controlling party. Transactions As the company is a wholly owned subsidiary and consolidated financial statements have been prepared which are publicly available, advantage has been taken of the exemption from disclosing related party transactions with group companies, in accordance with Financial Reporting Standard No 102 Section 1A Appendix C, Related Party Disclosures.

8. Controlling party

Herbert Corporate Holdings Limited is the company's ultimate parent company. Copies of consolidated financial statements may be obtained from Aisling House, 50 Stranmillis Embankment, Belfast, BT9 5FL