REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2023 |
FOR |
HIGHLINE HOMES LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2023 |
FOR |
HIGHLINE HOMES LIMITED |
HIGHLINE HOMES LIMITED (REGISTERED NUMBER: SC558533) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 30 June 2023 |
Page |
Abridged Balance Sheet | 1 |
Notes to the Financial Statements | 3 |
HIGHLINE HOMES LIMITED (REGISTERED NUMBER: SC558533) |
ABRIDGED BALANCE SHEET |
30 June 2023 |
30.6.23 | 30.6.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
( |
) | ( |
) |
The director acknowledges his 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. |
HIGHLINE HOMES LIMITED (REGISTERED NUMBER: SC558533) |
ABRIDGED BALANCE SHEET - continued |
30 June 2023 |
The financial statements were approved by the director and authorised for issue on |
HIGHLINE HOMES LIMITED (REGISTERED NUMBER: SC558533) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 30 June 2023 |
1. | STATUTORY INFORMATION |
Highline Homes Limited is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover and revenue recognition |
Turnover represents net invoiced sales of building development, excluding VAT. Revenue is recognised when goods and services are provided to the customer. |
Tangible fixed assets |
Motor vehicles | - |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
HIGHLINE HOMES LIMITED (REGISTERED NUMBER: SC558533) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 30 June 2023 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 July 2022 |
Additions |
At 30 June 2023 |
DEPRECIATION |
At 1 July 2022 |
Charge for year |
At 30 June 2023 |
NET BOOK VALUE |
At 30 June 2023 |
At 30 June 2022 |
5. | LOANS |
An analysis of the maturity of loans is given below: |
30.6.23 | 30.6.22 |
£ | £ |
Amounts falling due within one year or on demand: |
Other loans |
A third party loan from Together Commercial Finance Ltd of £135,275.00 is secured by a personal guarantee from the director. |
6. | RELATED PARTY DISCLOSURES |
The company is related to the following parties due to a common ownership and control: |
Highline Buildings and Maintenance Ltd |
Highline Lettings Ltd |
Airspace Property Ltd |
Highline Contracts Ltd |
The balances due from the related party are as follows: |
28/02/2019 | 28/02/2018 |
£ | £ |
Highline Buildings and Maintenance Ltd | 5000 | - |
Highline Lettings Ltd | 1000 | 2000 |
Airspace Property Ltd | 1250 |
The total is disclosed in Note 7 of the financial statements. |