ACCOUNTS - Final Accounts

HYBECK HOLDINGS LIMITED - Company Information

Caseware UK (AP4) 2018.0.111 2018.0.111 2018-04-30The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. 102 judgment accounting policiesThe Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the Company and Group are considered eligible for the exemption not to prepare consolidated accounts. Company section 383 of the Companies Act 20062018-04-3004062905The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetrueHoldingfalse2017-05-01 04062905 2017-05-01 2018-04-30 04062905 2016-05-01 2017-04-30 04062905 2018-04-30 04062905 2017-04-30 04062905 c:Director1 2017-05-01 2018-04-30 04062905 d:Non-currentFinancialInstruments d:UnlistedNon-exchangeTraded 2017-04-30 04062905 d:CurrentFinancialInstruments 2018-04-30 04062905 d:CurrentFinancialInstruments 2017-04-30 04062905 d:Non-currentFinancialInstruments 2018-04-30 04062905 d:Non-currentFinancialInstruments 2017-04-30 04062905 d:CurrentFinancialInstruments d:WithinOneYear 2018-04-30 04062905 d:CurrentFinancialInstruments d:WithinOneYear 2017-04-30 04062905 d:ShareCapital 2018-04-30 04062905 d:ShareCapital 2017-04-30 04062905 d:RetainedEarningsAccumulatedLosses 2018-04-30 04062905 c:FRS102 2017-05-01 2018-04-30 04062905 c:AuditExempt-NoAccountantsReport 2017-05-01 2018-04-30 04062905 c:FullAccounts 2017-05-01 2018-04-30 04062905 c:PrivateLimitedCompanyLtd 2017-05-01 2018-04-30 04062905 d:Subsidiary1 2017-05-01 2018-04-30 04062905 d:Subsidiary1 1 2017-05-01 2018-04-30 04062905 d:Subsidiary2 2017-05-01 2018-04-30 04062905 d:Subsidiary2 1 2017-05-01 2018-04-30 iso4217:GBP xbrli:pure

Hybeck Holdings Limited

Registered number: 04062905

Information for filing with the registrar

For the year ended 30 April 2018

HYBECK HOLDINGS LIMITED

Registered number: 04062905

BALANCE SHEET

AS AT 30 APRIL 2018

		2018		2017
Note		£		£

Fixed assets
Investments	4		2,002		12,002
			2,002		12,002
Current assets
Debtors	5	468,062		272,880
Cash at bank and in hand		18,044		296,364
		486,106		569,244
Creditors: Amounts falling due within one year	6	(484,819)		(579,581)
Net current assets/(liabilities)			1,287		(10,337)
Total assets less current liabilities			3,289		1,665

Net assets			3,289		1,665

Capital and reserves
Called up share capital	1,665	1,665
Profit and loss account	1,624	-
	3,289	1,665

The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

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HYBECK HOLDINGS LIMITED

Registered number: 04062905

BALANCE SHEET (CONTINUED)

AS AT 30 APRIL 2018

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

S A Hamblin

Director

Date: 30 January 2019

The notes on pages 3 to 5 form part of these financial statements.

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HYBECK HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2018

1.	General information

Hybeck Holdings Limited presents its financial statements for the year ended 30 April 2018. The presentation currency for the financial statements is pounds sterling (£). The Company is a private company, limited by shares and is registered in England. Its registered office address is Knoll House, Union Wharf, Market Harborough, Leicestershire, LE16 7UW. The principal activity of the Company during the year continued to be that of a holding company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the Company and Group are considered eligible for the exemption not to prepare consolidated accounts.

2.3

Interest income

Interest income is recognised in the profit and loss account using the effective interest method.

2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.5

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.7

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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HYBECK HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2018

2.Accounting policies (continued)

2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans to and from related parties and investments in non-puttable ordinary shares.

2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

Employees

The average monthly number of employees, including directors, during the year was 1 (2017 - 2).

4.	Fixed asset investments

	Investments in subsidiary companies	Unlisted investments	Total
	£	£	£
Cost or valuation
At 1 May 2017	2,002	10,000	12,002
Disposals	-	(10,000)	(10,000)
At 30 April 2018	2,002	-	2,002

Net book value
At 30 April 2018	2,002	-	2,002
At 30 April 2017	2,002	10,000	12,002

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HYBECK HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2018

4.Fixed asset investments (continued)

Subsidiary undertakings
The following were subsidiary undertakings of the Company:
Name	Class of shares	Holding	Principal activity

	Hybeck Estates Limited	Ordinary	100%	Investment property management
	First Hamblin Limited	Ordinary	100%	Dormant

Since the year end, First Hamblin Limited entered into liquidation and this completed on 26 June 2018.

Debtors

					2018	2017
					£	£


Amounts owed by group undertakings	30,000	50,000
Other debtors	438,062	222,880
	468,062	272,880

6.	Creditors: Amounts falling due within one year
		2018	2017
		£	£

Amounts owed to group undertakings	478,871	570,473
Other taxation and social security	3,946	7,106
Other creditors	2,002	2,002
	484,819	579,581

7.	Related party transactions
	During the year advances were made to S A Hamblin totalling £50,000, leaving a balance due to the Company at 30 April 2018 of £50,000 (2017: £NIL) At the beginning of the year there was a balance of £33,893 owed by P R Hamblin to the Company. Amounts of £33,893 were written off by the Company, leaving a balance of £Nil at 30 April 2018.

8.	Ultimate parent party

The ultimate parent company is Percy Holdings Limited, a company registered in England and Wales.

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