Registered number: 05951758 | ||||||||
FOR THE YEAR ENDED 31/10/2023 | ||||||||
Prepared By: | ||||||||
N B Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
Heather Glen Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/10/2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
Mrs J A Glover Smith | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 05951758 | ||||||||
BANKERS | ||||||||
HSBC Bank Plc | ||||||||
ACCOUNTANTS | ||||||||
N B Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
Heather Glen Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/10/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Heather Glen Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
Investment Assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Cash at bank and in hand | ||||||||||
465 | 4,236 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT LIABILITIES | ( | (451,008) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | |||||||||
CREDITORS: Amounts falling due after more than one year | 5 | 32,462 | 37,697 | |||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | (39,615) | (28,730) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Heather Glen Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/10/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Going Concern | ||||||||
These financial statements have been prepared on the assumption that the company is able to carry on business as a going concern, which the directors consider appropriate having regard to the circumstances outlined in the note to the accounts. |
1c. Depreciation | ||||||||
Land And Buildings | straight line 1% | |||||||
Plant and Machinery | reducing balance 25% | |||||||
Commercial Vehicles | reducing balance 25% |
1d. Turnover | ||||||||
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. Rent and energy feed in tarriffs are recognised when receivable. |
1e. Investments | ||||||||
Fixed asset investments are included at fair value. |
Heather Glen Limited | ||||||||
2. TANGIBLE FIXED ASSETS | ||||||||
Land And | Plant and | Commercial | ||||||
Buildings | Machinery | Vehicles | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/11/2022 | 506,268 | 4,882 | 5,722 | 516,872 | ||||
Additions | 480,048 | - | - | 480,048 | ||||
At 31/10/2023 | 986,316 | 4,882 | 5,722 | 996,920 | ||||
Depreciation | ||||||||
At 01/11/2022 | 50,373 | 1,221 | 5,293 | 56,887 | ||||
For the year | 9,863 | 915 | 107 | 10,885 | ||||
At 31/10/2023 | 60,236 | 2,136 | 5,400 | 67,772 | ||||
Net Book Amounts | ||||||||
At 31/10/2023 | 929,148 | |||||||
At 31/10/2022 | 459,985 | |||||||
3. FINANCIAL ASSETS | |||||||||
Shares in group companies | |||||||||
and participating interests | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 01/11/2022 | 90 | 90 | |||||||
At 31/10/2023 | 90 | 90 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31/10/2023 | 90 | 90 | |||||||
At 31/10/2022 | 90 | 90 | |||||||
The company owns 90 ordinary shares in Heather Glen Country House Limited, a company incorporated in England & Wales, being 100% of the issued share capital. The aggregate capital and reserves of that company at 30th September 2023 were £126,806 deficit and its profit for the year £93,811. | |||||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Directors current account | 216,270 | 216,270 | ||||||
Bank loan | 5,197 | 18,346 | ||||||
Accruals | 600 | 600 | ||||||
Amounts due to group companies | 714,689 | 220,028 | ||||||
936,756 | 455,244 | |||||||
Heather Glen Limited | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr | 32,462 | 37,697 | ||||||
32,462 | 37,697 | |||||||
6. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | - | |||||
7. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||
8. GOING CONCERN | ||||||||
At the balance sheet date the company's liabilities exceeded its assets. The company has received assurances from the directors that they will contune to give financial support to the company for the twelve months from the date of signing these financial statements. | ||||||||
9. ADDITIONAL INFORMATION | ||||||||
The company is a private company, limited by shares and registered in England & Wales. | ||||||||
The company's registered number is 05951758. | ||||||||
The company's registered office is The Heather Glen, Ainstable, Carlisle CA4 9QQ. |