H. Berry Limited - Accounts to registrar (filleted) - small 17.3

H. Berry Limited - Accounts to registrar (filleted) - small 17.3

H. BERRY LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v17.3.1.106 00472785 Board of Directors 1.4.16 31.3.17 31.3.17 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure004727852016-03-31004727852017-03-31004727852016-04-012017-03-31004727852015-03-31004727852015-04-012016-03-31004727852016-03-3100472785ns15:EnglandWales2016-04-012017-03-3100472785ns14:PoundSterling2016-04-012017-03-3100472785ns10:Director12016-04-012017-03-3100472785ns10:PrivateLimitedCompanyLtd2016-04-012017-03-3100472785ns10:SmallEntities2016-04-012017-03-3100472785ns10:AuditExemptWithAccountantsReport2016-04-012017-03-3100472785ns10:SmallCompaniesRegimeForDirectorsReport2016-04-012017-03-3100472785ns10:SmallCompaniesRegimeForAccounts2016-04-012017-03-3100472785ns10:FullAccounts2016-04-012017-03-3100472785ns10:Director22016-04-012017-03-3100472785ns10:RegisteredOffice2016-04-012017-03-3100472785ns5:CurrentFinancialInstruments2017-03-3100472785ns5:CurrentFinancialInstruments2016-03-3100472785ns5:ShareCapital2017-03-3100472785ns5:ShareCapital2016-03-3100472785ns5:SharePremium2017-03-3100472785ns5:SharePremium2016-03-3100472785ns5:FurtherSpecificReserve1ComponentTotalEquity2017-03-3100472785ns5:FurtherSpecificReserve1ComponentTotalEquity2016-03-3100472785ns5:FurtherSpecificReserve3ComponentTotalEquity2017-03-3100472785ns5:FurtherSpecificReserve3ComponentTotalEquity2016-03-3100472785ns5:RetainedEarningsAccumulatedLosses2017-03-3100472785ns5:RetainedEarningsAccumulatedLosses2016-03-3100472785ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-3100472785ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-03-31


REGISTERED NUMBER: 00472785 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2017

for

H. Berry Limited
H. Berry Limited (Registered number: 00472785)






Contents of the Financial Statements
for the year ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

H. Berry Limited

Company Information
for the year ended 31 March 2017







DIRECTORS: A J Berry
J Milstead





REGISTERED OFFICE: Wallace LLP
One Portland Place
London
W1B 1PN





REGISTERED NUMBER: 00472785 (England and Wales)





ACCOUNTANTS: Libra Wealth Management Limited
Suite 5, 10 Churchill Square
West Malling
Kent
ME19 4YU
Page 1
H. Berry Limited (Registered number: 00472785)

Balance Sheet
31 March 2017

31.3.17 31.3.16
as restated
Notes £    £    £    £   
FIXED ASSETS
Investment property 3 7,985,000 7,985,000

CURRENT ASSETS
Debtors 4 150,270 119,588
Cash at bank 1,418,625 1,188,283
1,568,895 1,307,871
CREDITORS
Amounts falling due within one year 5 444,379 298,214
NET CURRENT ASSETS 1,124,516 1,009,657
TOTAL ASSETS LESS CURRENT
LIABILITIES
9,109,516
8,994,657

PROVISIONS FOR LIABILITIES 1,039,347 1,048,122
NET ASSETS 8,070,169 7,946,535

The notes form part of these financial statements

Page 2 continued...
H. Berry Limited (Registered number: 00472785)

Balance Sheet - continued
31 March 2017

31.3.17 31.3.16
as restated
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 2,704 2,704
Share premium 291,509 291,509
Other reserves 176 176
Fair value reserve 5,421,020 5,412,244
Retained earnings 2,354,760 2,239,902
SHAREHOLDERS' FUNDS 8,070,169 7,946,535

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 14 December 2017 and
were signed on its behalf by:




J Milstead - Director


The notes form part of these financial statements

Page 3
H. Berry Limited (Registered number: 00472785)

Notes to the Financial Statements
for the year ended 31 March 2017

1. STATUTORY INFORMATION

H. Berry Limited is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address can be found on the
Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A
These financial statements for the year ended 31 March 2017 are the first that are prepared
in accordance with FRS 102 Section 1A. The previous financial statements were prepared in
accordance with UK GAAP, the date of transition to FRS 102 Section 1A is 1 April 2015.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit
arising from changes in fair value is recognised in profit or loss.

Investment property is included at fair value. Gains are recognised in the income
statement. Deferred taxation is provided on these gains at the rate expected to apply when
the property is sold.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income
Statement, except to the extent that it relates to items recognised in other comprehensive
income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that
have been enacted or substantively enacted by the balance sheet date.


Page 4 continued...
H. Berry Limited (Registered number: 00472785)

Notes to the Financial Statements - continued
for the year ended 31 March 2017

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in
periods different from those in which they are recognised in financial statements. Deferred
tax is measured using tax rates and laws that have been enacted or substantively enacted
by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it
is probable that they will be recovered against the reversal of deferred tax liabilities or
other future taxable profits.

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2016
and 31 March 2017 7,985,000
NET BOOK VALUE
At 31 March 2017 7,985,000
At 31 March 2016 7,985,000

Fair value at 31 March 2017 is represented by:

£   
Valuation in 2017 7,985,000

If investment property had not been revalued it would have been included at the following
historical cost:

31.3.17 31.3.16
as
restated
£    £   
Cost 1,583,311 1,583,311

Investment property was valued on an open market basis on 31 March 2017 by the directors
.

Page 5 continued...
H. Berry Limited (Registered number: 00472785)

Notes to the Financial Statements - continued
for the year ended 31 March 2017

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
as
restated
£    £   
Trade debtors 7,923 6,179
Other debtors 142,347 113,409
150,270 119,588

Included in other debtors is £135,893 (2016 - £100,581) relating to a client account held
with Martin Hart & Co, Property & Management Consultants and £6,454 (2016: £12,291)
relating to client account held with Wallace LLP.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
as
restated
£    £   
Trade creditors 8,237 3,420
Taxation and social security 76,465 56,999
Other creditors 359,677 237,795
444,379 298,214

6. ULTIMATE CONTROLLING PARTY

The ultimate parent company is H Berry (Jersey) Limited, a company registered in Jersey.

The ultimate controlling parties are the directors, J B Milstead and A J Berry, by virtue of
them each holding 50% of the issued share capital of H Berry (Jersey) Limited.

Page 6
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
H. Berry Limited

The following reproduces the text of the report prepared for the directors in respect of the
company's annual unaudited financial statements. In accordance with the Companies Act 2006,
the company is only required to file a Balance Sheet. Readers are cautioned that the Income
Statement and certain other primary statements and the Report of the Directors are not
required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for
your approval the financial statements of H. Berry Limited for the year ended 31 March 2017
which comprise the Income Statement, Balance Sheet and the related notes from the company's
accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of H. Berry Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of H. Berry Limited and state those matters that we have agreed to state to the Board of Directors of H. Berry Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than H. Berry Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that H. Berry Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of H. Berry Limited. You consider that H. Berry Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of H. Berry Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Libra Wealth Management Limited
Suite 5, 10 Churchill Square
West Malling
Kent
ME19 4YU

This page does not form part of the statutory financial statements

Page 7
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
H. Berry Limited



14 December 2017

This page does not form part of the statutory financial statements

Page 8