HARTLEYDAVIES PROPERTIES LIMITED

Company Registration Number:
11254469 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

HARTLEYDAVIES PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2022

Balance sheet
Notes

HARTLEYDAVIES PROPERTIES LIMITED

Balance sheet

As at 31 March 2022


Notes

2022

2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,326 1,458
Investments: 4 218,760 218,760
Total fixed assets: 220,086 220,218
Current assets
Stocks: 0 0
Debtors:   73 68
Cash at bank and in hand: 15,926 8,900
Investments:   0 0
Total current assets: 15,999 8,968
Creditors: amounts falling due within one year:   (61,237) (53,889)
Net current assets (liabilities): (45,238) (44,921)
Total assets less current liabilities: 174,848 175,297
Creditors: amounts falling due after more than one year:   (168,000) (168,000)
Provision for liabilities: 0 0
Total net assets (liabilities): 6,848 7,297
Capital and reserves
Called up share capital: 2 2
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 6,846 7,295
Shareholders funds: 6,848 7,297

The notes form part of these financial statements

HARTLEYDAVIES PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 March 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 August 2022
and signed on behalf of the board by:

Name: Mr C Davies
Status: Director

The notes form part of these financial statements

HARTLEYDAVIES PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Investment properties are properties held to earn rentals and for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair-value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise. All other fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets at rates calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Furniture, fixtures and fittings 5-15 years.

Other accounting policies

The financial statements have been prepared in accordance with the Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

HARTLEYDAVIES PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

2. Employees

2022 2021
Average number of employees during the period 0 0

HARTLEYDAVIES PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Tangible Assets

Total
Cost £
At 01 April 2021 1,835
At 31 March 2022 1,835
Depreciation
At 01 April 2021 377
Charge for year 132
At 31 March 2022 509
Net book value
At 31 March 2022 1,326
At 31 March 2021 1,458

HARTLEYDAVIES PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Fixed investments

Investment properties are properties held to earn rentals and for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair values can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

HARTLEYDAVIES PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

5. Loans to directors