H. Berry Limited - Accounts to registrar (filleted) - small 18.2
H. Berry Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2018 |
for |
H. Berry Limited |
H. Berry Limited (Registered number: 00472785) |
Contents of the Financial Statements |
for the year ended 31 March 2018 |
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 2018 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Suite 5, 10 Churchill Square |
West Malling |
Kent |
ME19 4YU |
H. Berry Limited (Registered number: 00472785) |
Balance Sheet |
31 March 2018 |
31.3.18 | 31.3.17 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 3 |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
H. Berry Limited (Registered number: 00472785) |
Balance Sheet - continued |
31 March 2018 |
31.3.18 | 31.3.17 |
Notes | £ | £ | £ | £ |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Other reserves |
Fair value reserve |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
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 signed on its behalf by: |
H. Berry Limited (Registered number: 00472785) |
Notes to the Financial Statements |
for the year ended 31 March 2018 |
1. | STATUTORY INFORMATION |
H. Berry Limited is a |
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 |
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. |
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. |
H. Berry Limited (Registered number: 00472785) |
Notes to the Financial Statements - continued |
for the year ended 31 March 2018 |
3. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 April 2017 |
Revaluations | 3,980,000 |
At 31 March 2018 |
NET BOOK VALUE |
At 31 March 2018 |
At 31 March 2017 |
Fair value at 31 March 2018 is represented by: |
£ |
Valuation in 2017 | 7,985,000 |
Valuation in 2018 | 3,980,000 |
11,965,000 |
If investment property had not been revalued it would have been included at the following |
historical cost: |
31.3.18 | 31.3.17 |
£ | £ |
Cost | 1,583,311 | 1,583,311 |
Investment property was valued on an open market basis on 31 March 2018 by Andrew Crease & Co |
. |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.18 | 31.3.17 |
£ | £ |
Trade debtors |
Other debtors |
H. Berry Limited (Registered number: 00472785) |
Notes to the Financial Statements - continued |
for the year ended 31 March 2018 |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued |
Included in other debtors is £122,799 (2017 - £135,893) relating to a client account held |
with Martin Hart & Co, Property & Management Consultants and £nil (2017 - £6,454) |
relating to client account held with Wallace LLP. |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.18 | 31.3.17 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
6. | ULTIMATE CONTROLLING PARTY |
The ultimate parent company is H Berry (Jersey) Limited, a company registered in Jersey. |
The ultimate controlling parties at the balance sheet date were 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. |
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 2018 |
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 and its 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. |
Suite 5, 10 Churchill Square |
West Malling |
Kent |
ME19 4YU |
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
H. Berry Limited |