Company Registration No. 14229750 (England and Wales)
John Howard (Bothwell) Limited
Unaudited accounts
for the period from 12 July 2022 to 31 July 2023
John Howard (Bothwell) Limited
Unaudited accounts
Contents
John Howard (Bothwell) Limited
Company Information
for the period from 12 July 2022 to 31 July 2023
Directors
John Samuel Howard
Lydia Sayers
Secretary
John Samuel Howard
Company Number
14229750 (England and Wales)
Registered Office
47a Broadgates Market Place
Henley-On-Thames
RG9 2AD
United Kingdom
Accountants
Balmoral Consultancy Services Limited
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN
John Howard (Bothwell) Limited
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
1
Creditors: amounts falling due within one year
(1,810,224)
Net current liabilities
(1,810,223)
Profit and loss account
(2,100)
Shareholders' funds
(2,099)
For the period ending 31 July 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 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.
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 2 April 2024 and were signed on its behalf by
John Samuel Howard
Director
Company Registration No. 14229750
John Howard (Bothwell) Limited
Notes to the Accounts
for the period from 12 July 2022 to 31 July 2023
John Howard (Bothwell) Limited is a private company, limited by shares, registered in England and Wales, registration number 14229750. The registered office is 47a Broadgates Market Place, Henley-On-Thames, RG9 2AD, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Whilst the company is in a net liabilities position, it retains the support of its shareholders and as such the directors consider it appropriate to prepare the accounts on a going concern basis.
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.
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.
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 non-puttable ordinary shares.
Land and Buildings and Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the statement of income and retained earnings.
John Howard (Bothwell) Limited
Notes to the Accounts
for the period from 12 July 2022 to 31 July 2023
4
Tangible fixed assets
Land & buildings
5
Creditors: amounts falling due within one year
2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
Shares issued during the period:
1 Ordinary shares of £1 each
1
7
Average number of employees
During the period the average number of employees was 2.