Registered Number 10541502

HEADLEY HOUSE (GUILDFORD) LIMITED

Micro-entity Accounts

31 December 2023

HEADLEY HOUSE (GUILDFORD) LIMITED Registered Number 10541502

Micro-entity Balance Sheet as at 31 December 2023

Notes 2023 2022
£ £
Fixed Assets
349,576
368,056
Current Assets
38,653
32,909
Creditors: amounts falling due within one year
(177,368)
(183,385)
Net current assets (liabilities)
(138,715)
(150,476)
Total assets less current liabilities
210,861
217,580
Creditors: amounts falling due after more than one year
(221,777)
(227,507)
Total net assets (liabilities)
(10,916)
(9,927)
Capital and reserves
(10,916)
(9,927)
  • For the year ending 31 December 2023 the company was entitled to exemption 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 16 April 2024

And signed on their behalf by:
P SMITH, Director

Footnotes:

HEADLEY HOUSE (GUILDFORD) LIMITED Registered Number 10541502

Notes to the Micro-entity Accounts for the period ended 31 December 2023

1Employees
2023 2022
Average number of employees during the period 0 0
2Off balance sheet arrangements
4. GUARANTEES AND OTHER FINANCIAL COMMITMENTS

The company has secured debts totalling £246,507 (2022 £263,011) relating to a bank loan.

To secure its borrowings, The Royal Bank of Scotland PLC hold a first legal charge over the company's property and a debenture dated 11 December 2017.

The borrowings are further secured by a guarantee provided and debenture secured by Parklands Property Lawyers Limited dated 5th October 2017.

5. GOING CONCERN CONSIDERATIONS

In preparing the financial statements the director is required to assess the Company's ability to continue to trade as a going concern for the foreseeable future.

The director has confirmed that her financial support for the Company will continue for a further Twelve months from the date of approval of these Financial Statements, and therefore the director considers that the going concern assumption in the preparation of the company's financial statements as appropriate as at the date of authorisation for issue of the 2023 financial statements.

The director also believes that there are no material uncertainties that may cast significant doubt about the company's ability to continue honouring liabilities as and when they fall due and to continue operating as a going concern for the next twelve months exists as at that date.