Caseware UK (AP4) 2016.0.181 2016.0.181 2018-07-312018-07-31falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.afalsetrue2017-07-10 10858616 2017-07-09 10858616 2017-07-10 2018-07-31 10858616 2018-07-31 10858616 c:Director1 2017-07-10 2018-07-31 10858616 d:LeaseholdInvestmentProperty 2017-07-10 2018-07-31 10858616 d:LeaseholdInvestmentProperty 2018-07-31 10858616 d:CurrentFinancialInstruments 2018-07-31 10858616 d:Non-currentFinancialInstruments 2018-07-31 10858616 d:CurrentFinancialInstruments d:WithinOneYear 2018-07-31 10858616 d:ShareCapital 2018-07-31 10858616 d:RetainedEarningsAccumulatedLosses 2018-07-31 10858616 c:FRS102 2017-07-10 2018-07-31 10858616 c:AuditExempt-NoAccountantsReport 2017-07-10 2018-07-31 10858616 c:FullAccounts 2017-07-10 2018-07-31 10858616 c:PrivateLimitedCompanyLtd 2017-07-10 2018-07-31 iso4217:GBP

Registered number: 10858616













HA7 INVESTMENTS LTD
UNAUDITED
FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2018

 
HA7 INVESTMENTS LTD
 

CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 
HA7 INVESTMENTS LTD
REGISTERED NUMBER:10858616

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2018

2018
Note
£

Fixed assets
  

Investment property
 4 
737,944

Current assets
  

Debtors: amounts falling due after more than one year
 5 
125,000

Debtors: amounts falling due within one year
 5 
1,284,572

Current asset investments
 6 
100

Cash at bank and in hand
  
48,623

  
1,458,295

Current liabilities
  

Creditors: amounts falling due within one year
 7 
(2,149,221)

Net current liabilities
  
 
 
(690,926)

  

Net assets
  
47,018


Capital and reserves
  

Called up share capital 
 8 
100

Profit and loss account
  
46,918

  
47,018


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 period in question in accordance with section 476 of Companies Act 2006.

The director acknowledges his 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.

Page 1

 
HA7 INVESTMENTS LTD
REGISTERED NUMBER:10858616
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 2018

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 9 November 2018.




R I Hershman
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
HA7 INVESTMENTS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2018

1.


General information

HA7 Investments Ltd is a limited liability company registered in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The company was incorporated on 10 July 2017 and commenced activity on 11 August 2017. The principal activity of the company during the period was that of property and general investment.

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 following principal accounting policies have been applied:

 
2.2

Revenue

Turnover represents rent receivable during the period. 
Rental income is recognised in the period to which it relates. 

 
2.3

Interest income

Interest income is recognised in the Statement of Comprehensive Income using the effective interest method.

 
2.4

Taxation

Tax is recognised in the Statement of Comprehensive Income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

 
2.5

Investment property

Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Comprehensive Income.

 
2.6

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.7

Creditors

Short term creditors are measured at the transaction price.

Page 3

 
HA7 INVESTMENTS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2018

2.Accounting policies (continued)

 
2.8

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from related parties.


3.


Employees

The director was the only employee of the company during the period.



4.


Investment property


Investment property

£



Valuation


Additions at cost
737,944



At 31 July 2018
737,944

In the opinion of the director there was no material change in the valuation of the investment properties between the acquisition date and the balance sheet date.






Page 4

 
HA7 INVESTMENTS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2018

5.


Debtors

2018
£

Due after more than one year

Other debtors
125,000


2018
£

Due within one year

Other debtors
1,273,308

Accrued income
11,264

1,284,572



6.


Current asset investments

2018
£

Unlisted investments
100



7.


Creditors: Amounts falling due within one year

2018
£

Other creditors
2,146,071

Accruals
3,150

2,149,221



8.


Share capital

2018
£
Allotted, called up and fully paid


45 Ordinary A shares of £1.00 each
45
45 Ordinary B shares of £1.00 each
45
5 Ordinary C shares of £1.00 each
5
5 Ordinary D shares of £1.00 each
5

100

Page 5

 
HA7 INVESTMENTS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2018

8.Share capital (continued)


The Ordinary shares of £1 each were all allotted and fully paid on incorporation to provide initial working capital.

 
Page 6