Company Registration No. 11239236 (England and Wales)
HOWARD EDWARDS PROPERTIES LIMITED
Unaudited accounts
for the year ended 31 December 2021
HOWARD EDWARDS PROPERTIES LIMITED
Unaudited accounts
Contents
HOWARD EDWARDS PROPERTIES LIMITED
Company Information
for the year ended 31 December 2021
Directors
Douglas Howard
Lorraine Howard
Company Number
11239236 (England and Wales)
Registered Office
UNIT 2 STATION ROAD INDUSTRIAL ESTATE
STATION ROAD
LIPHOOK
GU30 7DR
ENGLAND
Accountants
Warwick McArdle
55 Ellerton Road
London
SW18 3NQ
HOWARD EDWARDS PROPERTIES LIMITED
Statement of financial position
as at 31 December 2021
Tangible assets
806,190
819,573
Cash at bank and in hand
10,474
4,213
Creditors: amounts falling due within one year
(269,714)
(302,723)
Net current liabilities
(225,990)
(267,293)
Total assets less current liabilities
580,200
552,280
Creditors: amounts falling due after more than one year
(667,108)
(651,899)
Net liabilities
(86,908)
(99,619)
Called up share capital
100
100
Profit and loss account
(87,008)
(99,719)
Shareholders' funds
(86,908)
(99,619)
For the year ending 31 December 2021 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 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2022 and were signed on its behalf by
Douglas Howard
Director
Company Registration No. 11239236
HOWARD EDWARDS PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 December 2021
HOWARD EDWARDS PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11239236. The registered office is UNIT 2 STATION ROAD INDUSTRIAL ESTATE, STATION ROAD, LIPHOOK, GU30 7DR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Tangible fixed assets and depreciation
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recosgnised in profit or loss.
On 1 June 2018 two fixed and floating charges were registered at Companies House over the undertaking and property, including a negative pledge, entitled to Metro Bank plc.
HOWARD EDWARDS PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 December 2021
4
Tangible fixed assets
Land & buildings
At 31 December 2021
806,190
At 31 December 2021
806,190
At 31 December 2020
819,573
5
Debtors: amounts falling due within one year
2021
2020
Other debtors
29,750
31,217
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
267,037
286,578
7
Creditors: amounts falling due after more than one year
2021
2020
Other creditors
667,108
651,899
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
As at the balance sheet date Howard Edwards Properties Limited is a wholly owned subsidiary of Real English Drinks Group Limited, company number 12986662, whose registered office is, Unit 2, Station Road Industrial Estate, Station Road, Liphook, England, GU30 7DR.
10
Average number of employees
During the year the average number of employees was 0 (2020: 0).