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REGISTERED NUMBER: 09906405 (England and Wales)















HUMPHRESTON INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021






HUMPHRESTON INVESTMENTS LIMITED (REGISTERED NUMBER: 09906405)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 6

HUMPHRESTON INVESTMENTS LIMITED

COMPANY INFORMATION
for the year ended 31 December 2021







DIRECTORS: S M Eaton
O S C Eaton





REGISTERED OFFICE: The Riding School House
Bulls Lane
Wishaw
Sutton Coldfield
West Midlands
B76 9QW





REGISTERED NUMBER: 09906405 (England and Wales)





ACCOUNTANTS: Phoenix Business Associates Limited
Chartered Certified Accountants
The Riding School House
Bulls Lane
Wishaw
Sutton Coldfield
West Midlands
B76 9QW

HUMPHRESTON INVESTMENTS LIMITED (REGISTERED NUMBER: 09906405)

BALANCE SHEET
31 December 2021

31/12/21 31/12/20
Notes £    £    £    £   
FIXED ASSETS
Investments 4 4,165,301 3,287,055

CURRENT ASSETS
Cash at bank and in hand 118,678 120,017

CREDITORS
Amounts falling due within one year 5 2,583,972 2,479,037
NET CURRENT LIABILITIES (2,465,294 ) (2,359,020 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,700,007

928,035

CAPITAL AND RESERVES
Called up share capital 6 2 2
Fair value reserve 7 1,316,849 1,316,849
Retained earnings 7 383,156 (388,816 )
SHAREHOLDERS' FUNDS 1,700,007 928,035

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 August 2022 and were signed on its behalf by:





O S C Eaton - Director


HUMPHRESTON INVESTMENTS LIMITED (REGISTERED NUMBER: 09906405)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2021

1. STATUTORY INFORMATION

Humphreston Investments 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with 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 as modified by the revaluation of certain assets.

As at the year end date the company had net current liabilities of £2,465,294 (2020 : £2,359,020). However, included in 'Creditors - amounts falling due within one year' are directors and related party loans totalling £2,578,868 (2020 : £2,472,922). Whilst these are technically due within 12 months the directors and related undertaking has given assurance that they will not draw upon these loans until cashflow permits. Consequently, the directors consider the going concern basis of preparation to be applicable.

Significant judgements and estimates
The directors exercise their expertise and judgement in the appointment of investment managers and the monitoring of their performance with regard to the company's investment portfolio.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

HUMPHRESTON INVESTMENTS LIMITED (REGISTERED NUMBER: 09906405)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2021

4. FIXED ASSET INVESTMENTS
Listed
investments
£   
COST OR VALUATION
At 1 January 2021 3,287,055
Additions 309,615
Disposals (173,066 )
Revaluations 741,697
At 31 December 2021 4,165,301
NET BOOK VALUE
At 31 December 2021 4,165,301
At 31 December 2020 3,287,055

Cost or valuation at 31 December 2021 is represented by:

Listed
investments
£   
Valuation in 2021 2,058,546
Cost 2,106,755
4,165,301

If fixed asset investments had not been revalued they would have been included at the following historical cost:

31/12/21 31/12/20
£    £   
Cost 2,106,755 1,970,206

Fixed asset investments comprise a managed portfolio of stocks and shares.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/21 31/12/20
£    £   
Trade creditors 2,154 3,324
Other creditors 2,581,818 2,475,713
2,583,972 2,479,037

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31/12/21 31/12/20
value: £    £   
2 Ordinary Shares £1 2 2

HUMPHRESTON INVESTMENTS LIMITED (REGISTERED NUMBER: 09906405)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2021

7. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 January 2021 (388,816 ) 1,316,849 928,033
Profit for the year 771,972 771,972
At 31 December 2021 383,156 1,316,849 1,700,005

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
HUMPHRESTON INVESTMENTS 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 Humphreston Investments Limited for the year ended 31 December 2021 which comprise the Profit & Loss Account, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Humphreston Investments 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 Humphreston Investments Limited and state those matters that we have agreed to state to the Board of Directors of Humphreston Investments Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Humphreston Investments 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 Humphreston Investments Limited. You consider that Humphreston Investments 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 Humphreston Investments 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.






Phoenix Business Associates Limited
Chartered Certified Accountants
The Riding School House
Bulls Lane
Wishaw
Sutton Coldfield
West Midlands
B76 9QW


10 August 2022