Caseware UK (AP4) 2022.0.179 2022.0.179 2022-11-302022-11-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2Raising of other animalsfalse2true2021-12-01 12998176 2021-12-01 2022-11-30 12998176 2020-11-05 2021-11-30 12998176 2022-11-30 12998176 2021-11-30 12998176 c:Director1 2021-12-01 2022-11-30 12998176 d:CurrentFinancialInstruments 2022-11-30 12998176 d:CurrentFinancialInstruments 2021-11-30 12998176 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 12998176 d:CurrentFinancialInstruments d:WithinOneYear 2021-11-30 12998176 d:ShareCapital 2022-11-30 12998176 d:ShareCapital 2021-11-30 12998176 d:RetainedEarningsAccumulatedLosses 2022-11-30 12998176 d:RetainedEarningsAccumulatedLosses 2021-11-30 12998176 c:OrdinaryShareClass1 2021-12-01 2022-11-30 12998176 c:OrdinaryShareClass1 2022-11-30 12998176 c:OrdinaryShareClass1 2021-11-30 12998176 c:FRS102 2021-12-01 2022-11-30 12998176 c:AuditExempt-NoAccountantsReport 2021-12-01 2022-11-30 12998176 c:FullAccounts 2021-12-01 2022-11-30 12998176 c:PrivateLimitedCompanyLtd 2021-12-01 2022-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12998176









HIGHWELLS LIMITED (FORMERLY HIGHDOWN KENNELS LIMITED)







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2022

 
HIGHWELLS LIMITED (FORMERLY HIGHDOWN KENNELS LIMITED)
REGISTERED NUMBER: 12998176

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2022

2022
2021
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
14,574
-

Cash at bank and in hand
  
165
32,390

  
14,739
32,390

Creditors: amounts falling due within one year
 5 
(14,552)
(18,801)

Net current assets
  
 
 
187
 
 
13,589

Total assets less current liabilities
  
187
13,589

  

Net assets
  
187
13,589


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
87
13,489

  
187
13,589


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 4 September 2023.




William G Dickenson
Director

Page 1

 
HIGHWELLS LIMITED (FORMERLY HIGHDOWN KENNELS LIMITED)
REGISTERED NUMBER: 12998176
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2022

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
HIGHWELLS LIMITED (FORMERLY HIGHDOWN KENNELS LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

1.


General information

The company is registered in England and Wales. The company's registered office is Highwells Kingswood Lane, Kinlet, Bewdley, England, DY12 3HW. The principle activity is that of the raising of other animals.

2.Accounting policies

 
2.1

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
HIGHWELLS LIMITED (FORMERLY HIGHDOWN KENNELS LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

2.Accounting policies (continued)

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average number of employees during the year was 2, including director. (2021 - 2)



4.


Debtors

2022
2021
£
£


Other debtors
14,339
-
Page 4

 
HIGHWELLS LIMITED (FORMERLY HIGHDOWN KENNELS LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

4.Debtors (continued)


Tax recoverable
235
-

14,574
-



5.


Creditors: Amounts falling due within one year

2022
2021
£
£

Corporation tax
-
3,164

Other taxation and social security
391
378

Other creditors
12,361
13,459

Accruals and deferred income
1,800
1,800

14,552
18,801


Page 5

 
HIGHWELLS LIMITED (FORMERLY HIGHDOWN KENNELS LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

6.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



1 (2021 - 1) Ordinary share of £100.00
100
100


 
Page 6