Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-31truefalse2022-02-01Developing land for resale11falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01197185 2022-02-01 2023-01-31 01197185 2021-02-01 2022-01-31 01197185 2023-01-31 01197185 2022-01-31 01197185 c:Director1 2022-02-01 2023-01-31 01197185 c:RegisteredOffice 2022-02-01 2023-01-31 01197185 d:CurrentFinancialInstruments 2023-01-31 01197185 d:CurrentFinancialInstruments 2022-01-31 01197185 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 01197185 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 01197185 d:ShareCapital 2023-01-31 01197185 d:ShareCapital 2022-01-31 01197185 d:RetainedEarningsAccumulatedLosses 2023-01-31 01197185 d:RetainedEarningsAccumulatedLosses 2022-01-31 01197185 c:OrdinaryShareClass1 2022-02-01 2023-01-31 01197185 c:OrdinaryShareClass1 2023-01-31 01197185 c:FRS102 2022-02-01 2023-01-31 01197185 c:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 01197185 c:FullAccounts 2022-02-01 2023-01-31 01197185 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 01197185 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2022-02-01 2023-01-31 01197185 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-01-31 01197185 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2022-01-31 01197185 2 2022-02-01 2023-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 01197185










A.H.P. BUILDERS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

 
A.H.P. BUILDERS LIMITED
 
 
COMPANY INFORMATION


Director
J W Gay 




Registered number
01197185



Registered office
The Pump House
Lynford Hall

Lynford Road

Thetford

Norfolk

IP26 5HW




Accountants
MA Partners LLP
Chartered Accountants

7 The Close

Norwich

Norfolk

NR1 4DJ





 
A.H.P. BUILDERS LIMITED
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2
Notes to the financial statements
 
 
3 - 6


 
A.H.P. BUILDERS LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF A.H.P. BUILDERS LIMITED
FOR THE YEAR ENDED 31 JANUARY 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A.H.P. Builders Limited for the year ended 31 January 2023 which comprise  the 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 Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of A.H.P. Builders Limited in accordance with the terms of our engagement letter dated 10 August 2021Our work has been undertaken solely to prepare for your approval the financial statements of A.H.P. Builders Limited  and state those matters that we have agreed to state to the director of A.H.P. Builders Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A.H.P. Builders Limited and its director for our work or for this report. 

It is your duty to ensure that A.H.P. Builders 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 loss of A.H.P. Builders Limited. You consider that A.H.P. Builders Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of A.H.P. Builders 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.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
 
26 October 2023
Page 1

 
A.H.P. BUILDERS LIMITED
REGISTERED NUMBER: 01197185

BALANCE SHEET
AS AT 31 JANUARY 2023

2023
2023
2022
2022
Note
£
£
£
£

  

Current assets
  

Stocks
  
515,157
515,157

Debtors: amounts falling due within one year
 4 
14,554
20,060

Cash at bank and in hand
  
8,800
18,887

  
538,511
554,104

Creditors: amounts falling due within one year
 5 
(2,379,720)
(2,263,912)

Net current liabilities
  
 
 
(1,841,209)
 
 
(1,709,808)

  

Net liabilities
  
(1,841,209)
(1,709,808)


Capital and reserves
  

Called up share capital 
 6 
9,630
9,630

Profit and loss account
  
(1,850,839)
(1,719,438)

  
(1,841,209)
(1,709,808)


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 financial statements have been prepared 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 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 23 October 2023.




J W Gay
Director

Page 2

 
A.H.P. BUILDERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1.


General information

A.H.P. Builders Limited is a private company, limited by shares, incorporated and domiciled in England and Wales. The registered office is The Pump House, Lynford Hall, Lynford Road, Thetford, IP26 5HW.
The Company's principal activity is that of developing land for resale.

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 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 following principal accounting policies have been applied:

 
2.2

Going concern

At the balance sheet date the Company owed £2,245,548 to its parent undertaking.  The director (who is also sole director of the parent undertaking) has confirmed that repayment of this balance will not be requested without the Company having sufficient funds with which to do so.
The director therefore considers it appropriate to prepare the financial statements on a going concern basis and is satisfied that the Company will continue to trade for a period of at least twelve months from the date of approval of the financial statements.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

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.

 
2.5

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 balance sheet date in the countries where the Company operates and generates income.

 
2.6

Stocks

Stocks represent work in progress on development projects and are valued at the lower of cost and net realisable value of the work undertaken, being the estimated selling price less costs to complete and sell.

Page 3

 
A.H.P. BUILDERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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.

 
2.9

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.

 
2.10

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.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method.  Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£


Other debtors
14,554
20,060

14,554
20,060


Page 4

 
A.H.P. BUILDERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
30
103

Amounts owed to group undertakings
2,253,628
2,139,289

Other creditors
123,144
122,535

Accruals and deferred income
2,918
1,985

2,379,720
2,263,912


Page 5

 
A.H.P. BUILDERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



9,630 Ordinary shares of £1.00 each
9,630
9,630



7.


Related party transactions

As at 31 January 2023, the Company owed £627 (2022 - £721) to the director.  This balance is included within other creditors in note 5 to the financial statements and is interest free and repayable on demand.
Being a wholly owned subsidiary, the Company has taken advantage of exemption, under the terms of Financial Reporting Standard 102, not to disclose related party transactions with its parent entity.

 
Page 6