Amhest Partners Limited 13905174 false 2022-02-09 2023-02-28 2023-02-28 The principal activity of the company is other letting and operating of own or leased real estate. Digita Accounts Production Advanced 6.30.9574.0 true true 13905174 2022-02-09 2023-02-28 13905174 2023-02-28 13905174 core:RetainedEarningsAccumulatedLosses 2023-02-28 13905174 core:ShareCapital 2023-02-28 13905174 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 13905174 core:Non-currentFinancialInstruments core:AfterOneYear 2023-02-28 13905174 bus:SmallEntities 2022-02-09 2023-02-28 13905174 bus:AuditExemptWithAccountantsReport 2022-02-09 2023-02-28 13905174 bus:FullAccounts 2022-02-09 2023-02-28 13905174 bus:SmallCompaniesRegimeForAccounts 2022-02-09 2023-02-28 13905174 bus:RegisteredOffice 2022-02-09 2023-02-28 13905174 bus:Director1 2022-02-09 2023-02-28 13905174 bus:Director2 2022-02-09 2023-02-28 13905174 bus:PrivateLimitedCompanyLtd 2022-02-09 2023-02-28 13905174 core:FurnitureFittings 2022-02-09 2023-02-28 13905174 core:PlantMachinery 2022-02-09 2023-02-28 13905174 countries:AllCountries 2022-02-09 2023-02-28 iso4217:GBP xbrli:pure

Registration number: 13905174

Amhest Partners Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Period from 9 February 2022 to 28 February 2023

 

Amhest Partners Limited

Contents

Abridged Balance Sheet

1

Notes to the Unaudited Abridged Financial Statements

2 to 3

 

Amhest Partners Limited

(Registration number: 13905174)
Abridged Balance Sheet as at 28 February 2023

Note

2023
£

Fixed assets

 

Tangible assets

4

1,680

Investment property

1,309,014

 

1,310,694

Current assets

 

Debtors

479

Cash at bank and in hand

 

534

 

1,013

Creditors: Amounts falling due within one year

(987,813)

Net current liabilities

 

(986,800)

Total assets less current liabilities

 

323,894

Creditors: Amounts falling due after more than one year

5

(348,867)

Provisions for liabilities

4,892

Net liabilities

 

(20,081)

Capital and reserves

 

Called up share capital

100

Profit and loss account

(20,181)

Total equity

 

(20,081)

For the financial period ending 28 February 2023 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 accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the Company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 9 November 2023 and signed on its behalf by:
 

Mrs S Martin

Director

Mr T W Martin

Director

 

Amhest Partners Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 9 February 2022 to 28 February 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Calyx House
South Road
Taunton
Somerset
TA1 3DU

These financial statements were authorised for issue by the Board on 9 November 2023.

2

Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The initial loss making period of the company has been supported by a loan from the directors. The directors have committed not to demand repayment of the loan if this would cause any doubt about the viability of Amhest Partners Limited as a going concern.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current 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 taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant & machinery

25% straight line

Fixtures & fittings

25% straight line

 

Amhest Partners Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 9 February 2022 to 28 February 2023

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors. The directors use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4

Tangible assets

Total
£

Cost or valuation

Additions

2,241

At 28 February 2023

2,241

Depreciation

Charge for the period

561

At 28 February 2023

561

Carrying amount

At 28 February 2023

1,680

Investment properties

2023
£

Additions

1,309,014

There has been no valuation of investment property by an independent valuer.

5

Creditors: amounts falling due after more than one year

Creditors include bank loans which are secured of £348,867 .