Accounts filed on 31-12-2015
Accounts filed on 31-12-2015
Registered number: 02884648 | ||||||||
FOR THE YEAR ENDED 31 DECEMBER 2015 | ||||||||
Prepared By: | ||||||||
Hungerford | ||||||||
Berkshire | ||||||||
Higham-Lane Properties Limited | ||||||||
ABBREVIATED ACCOUNTS | ||||||||
FOR THE YEAR ENDED | ||||||||
INDEX TO THE ACCOUNTS | ||||||||
Abbreviated Balance Sheet | 2 | |||||||
Notes to the Abbreviated Accounts | 3 | |||||||
The company's registered number is 02884648 | ||||||||
Higham-Lane Properties Limited | ||||||||
Registered Number: 02884648 | ||||||||||
BALANCE SHEET AT 31 DECEMBER 2015 | ||||||||||
2015 | 2014 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors (amounts falling due within one year) | ||||||||||
Cash at bank and in hand | ||||||||||
127,413 | ||||||||||
CREDITORS: Amounts falling due within one year | ||||||||||
NET CURRENT ASSETS | ||||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 3 | |||||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 4 | |||||||||
Profit and loss account | ( | ( | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
Director | ||||||||||
Higham-Lane Properties Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 DECEMBER 2015 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
1b. Cash Flow Statement | ||||||||
1c. Going Concern | ||||||||
1d. Depreciation | ||||||||
Fixtures and Fittings | ||||||||
Equipment |
1e. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
1f. Taxation | ||||||||
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted. |
1g. Turnover | ||||||||
Higham-Lane Properties Limited | ||||||||
2. TANGIBLE FIXED ASSETS | ||||||||
Investment | Fixtures | |||||||
Properties | and Fittings | Equipment | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 1 January 2015 | ||||||||
At 31 December 2015 | 1,300,000 | 16,137 | 4,964 | 1,321,101 | ||||
Depreciation | ||||||||
At 1 January 2015 | ||||||||
For the year | ||||||||
At 31 December 2015 | ||||||||
Net Book Amounts | ||||||||
At 31 December 2015 | ||||||||
At 31 December 2014 | ||||||||
3. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2015 | 2014 | |||||||
£ | £ | |||||||
Bank loans and overdrafts | 1,380,252 | 1,388,252 | ||||||
4. SHARE CAPITAL | 2015 | 2014 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
10 | 10 | |||||||
5. TRANSACTIONS WITH DIRECTORS | ||||||||
As at 31 December 2015 the director, Mr G N Tipping, owed the company £63,578 (2014: £38,556). The maximum balance during the year was £68,209. | ||||||||