H.W. Campion Limited - Accounts to registrar (filleted) - small 18.1

H.W. Campion Limited - Accounts to registrar (filleted) - small 18.1

H.W. CAMPION LIMITED - Company Information

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REGISTERED NUMBER: 00529225 (England and Wales)















ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2018

FOR

H.W. CAMPION LIMITED
H.W. CAMPION LIMITED (REGISTERED NUMBER: 00529225)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2018




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


H.W. CAMPION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2018







DIRECTORS: H W Campion
Mrs K L Campion





SECRETARY: Mrs K L Campion





REGISTERED OFFICE: Beckbury Hall
Beckbury
Shifnal
Shropshire
TF11 9DJ





REGISTERED NUMBER: 00529225 (England and Wales)





ACCOUNTANTS: Crombies Accountants Limited
Chartered Accountants
34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG
Page 1
H.W. CAMPION LIMITED (REGISTERED NUMBER: 00529225)

ABRIDGED STATEMENT OF FINANCIAL POSITION
30 APRIL 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,376 9,259
Investments 5 3 3
Investment property 6 9,859,032 9,824,400
9,870,411 9,833,662

CURRENT ASSETS
Debtors 517,503 628,783
Cash at bank 366,805 274,069
884,308 902,852
CREDITORS
Amounts falling due within one year 337,313 245,413
NET CURRENT ASSETS 546,995 657,439
TOTAL ASSETS LESS CURRENT
LIABILITIES
10,417,406
10,491,101

CREDITORS
Amounts falling due after more than one
year
3,952,708
4,067,308
NET ASSETS 6,464,698 6,423,793

CAPITAL AND RESERVES
Called up share capital 1,100,000 1,100,000
Revaluation reserve 8 2,587,227 2,587,227
Retained earnings 2,777,471 2,736,566
SHAREHOLDERS' FUNDS 6,464,698 6,423,793

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 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 notes form part of these financial statements

Page 2 continued...
H.W. CAMPION LIMITED (REGISTERED NUMBER: 00529225)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 2018


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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 30 April 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 6 August 2018 and were signed on its behalf by:





H W Campion - Director


The notes form part of these financial statements

Page 3
H.W. CAMPION LIMITED (REGISTERED NUMBER: 00529225)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2018

1. STATUTORY INFORMATION

H.W. Campion 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents rents received and proceeds from sale of development properties

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 equipment - 33.3% on cost and 10% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

The company has taken advantage of the transitional exemption in FRS102 35.10 (d) to use a previous GAAP
revaluation as its deemed cost.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Page 4 continued...
H.W. CAMPION LIMITED (REGISTERED NUMBER: 00529225)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2018

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 4 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2017 18,493
Additions 4,565
At 30 April 2018 23,058
DEPRECIATION
At 1 May 2017 9,234
Charge for year 2,448
At 30 April 2018 11,682
NET BOOK VALUE
At 30 April 2018 11,376
At 30 April 2017 9,259


5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 May 2017
and 30 April 2018 3
NET BOOK VALUE
At 30 April 2018 3
At 30 April 2017 3

6. INVESTMENT PROPERTY
Total
£   
COST
At 1 May 2017 9,824,400
Additions 34,632
At 30 April 2018 9,859,032
NET BOOK VALUE
At 30 April 2018 9,859,032
At 30 April 2017 9,824,400

Page 5 continued...
H.W. CAMPION LIMITED (REGISTERED NUMBER: 00529225)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2018

7. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Bank loans 3,952,708 4,067,308

The bank loan is secured on the freehold property of the company.

8. RESERVES
Revaluation
reserve
£   
At 1 May 2017
and 30 April 2018 2,587,227

Page 6