REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 18 MAY 2022 TO 31 MAY 2023 |
FOR |
HOLMES EDGE PROPERTY TRADING LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 18 MAY 2022 TO 31 MAY 2023 |
FOR |
HOLMES EDGE PROPERTY TRADING LIMITED |
HOLMES EDGE PROPERTY TRADING LIMITED (REGISTERED NUMBER: 14114424) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 18 MAY 2022 TO 31 MAY 2023 |
Page |
Statement of Financial Position | 1 |
Notes to the Financial Statements | 2 |
HOLMES EDGE PROPERTY TRADING LIMITED (REGISTERED NUMBER: 14114424) |
STATEMENT OF FINANCIAL POSITION |
31 MAY 2023 |
Notes | £ |
CURRENT ASSETS |
Debtors | 4 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
HOLMES EDGE PROPERTY TRADING LIMITED (REGISTERED NUMBER: 14114424) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 18 MAY 2022 TO 31 MAY 2023 |
1. | STATUTORY INFORMATION |
Holmes Edge Property Trading Limited is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Income statement |
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year and therefore no income statement is presented within these financial statements. There have been no movements in shareholders funds during the current year. |
HOLMES EDGE PROPERTY TRADING LIMITED (REGISTERED NUMBER: 14114424) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 18 MAY 2022 TO 31 MAY 2023 |
2. | ACCOUNTING POLICIES - continued |
Financial instruments |
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. |
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. |
Debt instruments are subsequently measured at amortised cost. |
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. |
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. |
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. |
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. |
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed by group undertakings |
5. | CONTROLLING PARTY |
There is no one controlling party. |