2021-07-01 09409384 2022-06-30 09409384 2021-07-01 2022-06-30 09409384 2021-06-30 09409384 2020-07-01 2021-06-30 09409384 uk-core:WithinOneYear 2021-06-30 09409384 uk-core:WithinOneYear 2022-06-30 09409384 uk-core:ShareCapital 2022-06-30 09409384 uk-core:ShareCapital 2021-06-30 09409384 uk-core:InvestmentPropertiesRevaluationReserve 2022-06-30 09409384 uk-core:InvestmentPropertiesRevaluationReserve 2021-06-30 09409384 uk-core:RetainedEarningsAccumulatedLosses 2022-06-30 09409384 uk-core:RetainedEarningsAccumulatedLosses 2021-06-30 09409384 uk-bus:Director1 2021-07-01 2022-06-30 09409384 uk-bus:Director2 2021-07-01 2022-06-30 iso4217:GBP xbrli:pure 09409384 uk-bus:AuditExemptWithAccountantsReport 2021-07-01 2022-06-30 09409384 uk-bus:FRS102 2021-07-01 2022-06-30 09409384 uk-bus:FullAccounts 2021-07-01 2022-06-30 09409384 uk-bus:PrivateLimitedCompanyLtd 2021-07-01 2022-06-30
Skyline Homes (Lyndhurst) Limited
Registered Number:09409384
For the year ended 30 June 2022
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2022
Skyline Homes (Lyndhurst) Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
3
Registered Number :
09409384
As at 30 June 2022
Skyline Homes (Lyndhurst) Limited
Statement of Financial Position
£
£
2021
2022
Notes
Fixed assets
2
615,000
525,000
Investment property
615,000
525,000
Current assets
Trade and other receivables
2,440
2,901
3
16,427
Cash and cash equivalents
16,361
19,262
18,867
Trade and other payables: amounts falling due within one year
(415,774)
(417,915)
4
(396,907)
(398,653)
Net current liabilities
Total assets less current liabilities
216,347
128,093
(49,889)
(20,816)
Provisions for liabilities
166,458
Net assets
107,277
Capital and reserves
Called up share capital
200
200
Fair value reserve
149,669
88,742
Retained earnings
16,589
18,335
166,458
107,277
Shareholders' funds
For the year ended 30 June 2022 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Alun Davies Director
Miss Joanne Dawn Seward Director
These financial statements were approved and authorised for issue by the Board on 01 September 2022 and were signed by:
The notes form part of these financial statements
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For the year ended 30 June 2022
Skyline Homes (Lyndhurst) Limited
Notes to the Financial Statements
Statutory Information
Skyline Homes (Lyndhurst) Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 09409384.
Registered address:
6 Prinstead Close
Bar End Road
Winchester
SO23 9NS
The presentation currency is £ sterling.
The Financial Statements are rounded to the nearest £.
These Financial Statements have been prepared in compliance with Section 1A of FRS102.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Investment property
Investment property is shown at most recent valuation as estimated by the letting agents. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. Deferred tax is provided on these movements.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Creditors and financial instruments
Debtors and creditors with no stated interest rate or payable within one year are recorded at transaction price. Any losses arising
from impairment are recognised in the profit and loss account.
2. Investment property
Total
£
Fair value
At 01 July 2021
525,000
Fair value adjustments
90,000
At 30 June 2022
615,000
Net book value
At 30 June 2022
615,000
At 30 June 2021
525,000
The historical cost of the freehold land and buildings is £415,442.
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For the year ended 30 June 2022
Skyline Homes (Lyndhurst) Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2021
2022
£
£
Trade debtors
2,492
2,440
Other debtors
409
-
2,440
2,901
4. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Amounts owed to group undertaking and undertaking in which the company
has a participating interest
349,831
331,597
Taxation and social security
-
1,093
Other creditors
68,084
83,084
417,915
415,774
5. Related party transactions
A director has lent the company a total of £66,250. This loan is repayable on demand and is interest free.
There is also a loan of £349,831 from the parent company. This is repayable on demand and interest is charged at what is
considered a market rate.
6. Average number of persons employed
During the year the average number of employees was 0
7. Parent-subsidiary relationship
Skyline Property Consultancy Limited, a UK registered company is the 100% owner of Skyline Homes (Lyndhurst) Limited. The group is small and not required to prepare group accounts. The parent's registered office and principal place of business is 6 Prinstead Close, Bar End Road, Winchester.
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