HOBURNE SECOND HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2022
Hoburne Second Homes Limited is a company limited by shares, incorporated in England and Wales. The company's registered number is 01978042. The registered address is 10 Hoburne Lane, Christchurch, Dorset, England, BH23 4HP.
The company is dormant and has not traded during the year ended 31 January 2022.
2.Accounting policies
|
|
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 financial statements have been presented in Pound Sterling as this is the currency of the primary economic environment in which the company operates and is rounded to the nearest pound.
The following principal accounting policies have been applied:
The directors are of the opinion that the company will continue as a going concern and the financial statements for the year to 31 January 2022 reflect this going concern basis. Whilst this company is not expected to trade in the coming year, the directors do not intend to wind up the company and it will remain dormant for the foreseeable future.
|
|
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.
|
There were no employees during the year other than the directors of the company (2021: nil).
|
|
|
Allotted, called up and fully paid
|
|
|
|
|
|
|
|
|
|
2 (2021: 2) Ordinary shares of £1 each
|
|
|
|
Each ordinary share has attached to it equal voting and other rights.
|
- 2 -
|