John Hopkins Estate Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 00370861 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

JOHN HOPKINS ESTATE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

7

DIRECTORS:

M N Hopkins

Mrs E H Pickworth

SECRETARY:

Mrs J S Hopkins

REGISTERED OFFICE:

Great Meadow Barn

Boss Lane Farm, Boss Lane

Hughenden Valley

High Wycombe

Buckinghamshire

HP14 4LQ

REGISTERED NUMBER:

00370861 (England and Wales)

ACCOUNTANTS:

Cannon Moorcroft Ltd

3 Manor Courtyard

Hughenden Avenue

High Wycombe

Buckinghamshire

HP13 5RE

FIXED ASSETS

Tangible assets

2

419,968

407,010

Investments

3

1,435,373

1,584,460

Investment property

4

2,170,000

4,025,341

4,161,470

CURRENT ASSETS

Debtors

3,029

682

Cash at bank and in hand

217,401

113,714

220,430

114,396

CREDITORS

Amounts falling due within one year

115,789

131,167

NET CURRENT ASSETS/(LIABILITIES)

104,641

(16,771

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,129,982

4,144,699

PROVISIONS FOR LIABILITIES

9,676

7,520

NET ASSETS

4,120,306

4,137,179

CAPITAL AND RESERVES

Called up share capital

5

1,862

Share premium

589,138

Revaluation reserve

1,535,000

Profit and loss account

1,994,306

2,011,179

SHAREHOLDERS' FUNDS

4,120,306

4,137,179

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 23 December 2016 and were signed on its behalf
by:

M N Hopkins - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Investment property

Investment properties are shown at their open market value. The surplus or deficit arising from the annual

revaluation is transferred to the investment revaluation reserve unless a deficit, or its reversal, on an individual

investment property is expected to be permanent, in which case it is recognised in the profit and loss account for

the year.

This is in accordance with the FRSSE and SSAP 19 which, unlike the Companies Act 2006, do not require

depreciation of investment properties. Investment properties are held for their investment potential and not for

use by the company and so their current value is of prime importance. The departure from the provisions of the

Act is required in order to give a true and fair view.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement,

as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that

evidences a residual interest in the assets of a company after deducting all of its liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar

debt instrument, those financial instruments are classified 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. Financial costs are calculated so as to produce a constant rate of return on the

outstanding liability.

Where contractual terms of share capital do not have any terms meeting the definition of financial liability then

this is classified as an equity instrument. Dividends and distributions relating to equity instruments are debited

directly to equity.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

496,342

Additions

25,662

At 31 March 2016

522,004

DEPRECIATION

At 1 April 2015

89,332

Charge for year

12,704

At 31 March 2016

102,036

NET BOOK VALUE

At 31 March 2016

419,968

At 31 March 2015

407,010

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

2,174,460

Additions

587,804

Disposals

(736,891

)

At 31 March 2016

2,025,373

PROVISIONS

At 1 April 2015

and 31 March 2016

590,000

NET BOOK VALUE

At 31 March 2016

1,435,373

At 31 March 2015

1,584,460

The company's investments at the Balance Sheet date in the share capital of companies include the following:

John Hopkins (Building) Limited

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

4.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 April 2015

and 31 March 2016

2,170,000

NET BOOK VALUE

At 31 March 2016

2,170,000

At 31 March 2015

2,170,000

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

18,616

Ordinary

0.10

1,862

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following amounts were due to the directors at 31st March 2016:

£

M N Hopkins

2,249

Mrs E H Pickworth

18,259

These loans are interest-free and have no fixed repayments terms.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to six) have

been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2016 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Cannon Moorcroft Ltd

3 Manor Courtyard

Hughenden Avenue

High Wycombe

Buckinghamshire

HP13 5RE

23 December 2016