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Company Registration No. 13449947 (England and Wales)
Harrington Homes (Teignmouth) Limited Unaudited accounts for the period from 1 April 2022 to 31 December 2022
Harrington Homes (Teignmouth) Limited Unaudited accounts Contents
Page
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Harrington Homes (Teignmouth) Limited Company Information for the period from 1 April 2022 to 31 December 2022
Directors
Gareth Hughes Max Ashton
Company Number
13449947 (England and Wales)
Registered Office
Orchard House Exeter Devon EX5 1BR United Kingdom
Accountants
The Fresh Accountancy Company Limited Orchard House Clyst St Mary Exeter Devon EX5 1BR
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Harrington Homes (Teignmouth) Limited Statement of financial position as at 31 December 2022
31/12/2022 
31/03/2022 
Notes
£ 
£ 
Fixed assets
Investments
6,832,977 
- 
Current assets
Debtors
3,020,526 
100 
Cash at bank and in hand
480 
- 
3,021,006 
100 
Creditors: amounts falling due within one year
(9,853,910)
- 
Net current (liabilities)/assets
(6,832,904)
100 
Net assets
73 
100 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(27)
- 
Shareholders' funds
73 
100 
For the period ending 31 December 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 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.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 22 November 2023 and were signed on its behalf by
Gareth Hughes Director Company Registration No. 13449947
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Harrington Homes (Teignmouth) Limited Notes to the Accounts for the period from 1 April 2022 to 31 December 2022
1
Statutory information
Harrington Homes (Teignmouth) Limited is a private company, limited by shares, registered in England and Wales, registration number 13449947. The registered office is Orchard House, Exeter, Devon, EX5 1BR, United Kingdom.
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.
3
Accounting policies
These financial statements for the period from 1 April 2022 to 31 December 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 10 June 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Financial instruments
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.
Going concern
The accounts have been prepared on a going concern basis. The going concern of the company and the group is dependent of the continued support of its directors and lenders.
4
Capital commitments
31/12/2022 
31/03/2022 
£ 
£ 
Amounts contracted but not provided for in the accounts
10,541,320 
- 
The company is comitted to the development of building projects, by virtue of it's subsidiary Hallbaron Limited. Committed finance facilites provided to the company for a total value of £20,100,456. As at the balance sheet date an amount of £9,559,136 had been spent to date.
5
Transactions with related parties
During the period the company transacted with related parties, related by virtue of the directors have an interest in the management or ownership. Amounts due to related parties at the balance sheet date £4,989,000 Amounts borrowed from related parties during the period £4,989,000
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Harrington Homes (Teignmouth) Limited Notes to the Accounts for the period from 1 April 2022 to 31 December 2022
6
Controlling party
The company is controlled by Harrington Homes (SW) Limited, registered in England and Wales under number 11166928. Registered office; Orchard House, Clyst St Mary, EX5 1BR. Harrington Homes (SW) Limited is also the ultimate controlling party.
7
Average number of employees
During the period the average number of employees was 2 (31/03/2022: 2).
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