Registration number:
Prepared for the registrar
for the
Period from 1 January 2023 to 26 January 2024
Yarrow Heights Holdings Ltd
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Yarrow Heights Holdings Ltd
Company Information
Directors |
S G G Aiano G L Balcombe S Coles G C Doyle E E Gibson A N Hassan R Slevin |
Registered office |
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Accountants |
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Yarrow Heights Holdings Ltd
(Registration number: 13073852)
Balance Sheet as at 26 January 2024
Note |
26 January 2024 |
31 December 2022 |
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Fixed assets |
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Tangible assets |
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Investments |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current (liabilities)/assets |
( |
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Total assets less current liabilities |
( |
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Creditors: Amounts falling due after more than one year |
- |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
100 |
100 |
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Profit and loss account |
(1,258,581) |
(873,469) |
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Shareholders' deficit |
(1,258,481) |
(873,369) |
For the financial period ending 26 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
Director
Yarrow Heights Holdings Ltd
Notes to the Unaudited Financial Statements for the Period from 1 January 2023 to 26 January 2024
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.
The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.
Group accounts not prepared
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
Judgements and estimation uncertainty
These financial statements do not contain any significant judgements or estimation uncertainty. |
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Freehold property |
Straight line over 50 years |
Building improvements |
Straight line over 5 to 50 years |
Business combinations
Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.
Yarrow Heights Holdings Ltd
Notes to the Unaudited Financial Statements for the Period from 1 January 2023 to 26 January 2024
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Leases
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Financial instruments
Classification
Recognition and measurement
Yarrow Heights Holdings Ltd
Notes to the Unaudited Financial Statements for the Period from 1 January 2023 to 26 January 2024
Financial instruments (continued)
Impairment
A non financial asset is impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.
The recoverable amount of goodwill is derived from measurement of the present value of the future cash flows of the cash-generating units ('CGUs') of which the goodwill is a part. Any impairment loss in respect of a CGU is allocated first to the goodwill attached to that CGU, and then to other assets within that CGU on a pro-rata basis.
Where indicators exist for a decrease in impairment loss, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised. Where a reversal of impairment occurs in respect of a CGU, the reversal is applied first to the assets (other than goodwill) of the CGU on a pro-rata basis and then to any goodwill allocated to that CGU.
For financial assets carried at amortised cost, the amount of an impairment is the difference between the asset’s carrying amount and the present value of estimated future cash flows, discounted at the financial asset’s original effective interest rate.
For financial assets carried at cost less impairment, the impairment loss is the difference between the asset’s carrying amount and the best estimate of the amount that would be received for the asset if it were to be sold at the reporting date.
Where indicators exist for a decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired financial asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised.
Staff numbers |
The average number of persons employed by the company (including directors) during the period, was as follows:
1 January 2023 to 26 January 2024 |
Year ended 31 December 2022 |
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Average number of employees |
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Yarrow Heights Holdings Ltd
Notes to the Unaudited Financial Statements for the Period from 1 January 2023 to 26 January 2024
Tangible assets |
Land and buildings |
Building improvements |
Total |
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Cost |
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At 1 January 2023 and at 26 January 2024 |
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Depreciation |
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At 1 January 2023 |
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Charge for the period |
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At 26 January 2024 |
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Carrying amount |
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At 26 January 2024 |
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At 31 December 2022 |
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Investments |
26 January 2024 |
31 December 2022 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
Cost and carrying amount |
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At 1 January 2023 and at 26 January 2024 |
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Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2024 |
2022 |
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Subsidiary undertakings |
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England and Wales |
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Subsidiary undertakings |
Yarrow Heights School Ltd The principal activity of Yarrow Heights School Ltd is |
Debtors |
26 January 2024 |
31 December 2022 |
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Amounts owed by group undertakings |
- |
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Prepayments and accrued income |
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Yarrow Heights Holdings Ltd
Notes to the Unaudited Financial Statements for the Period from 1 January 2023 to 26 January 2024
Creditors |
26 January 2024 |
31 December 2022 |
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Due within one year |
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Amounts due to group undertakings |
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- |
Accruals and deferred income |
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Due after one year |
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Other loans |
- |
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The loans are secured by a fixed and floating charge over the company's freehold property
Share capital |
Allotted, called up and fully paid shares
26 January 2024 |
31 December 2022 |
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No. |
£ |
No. |
£ |
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- |
- |
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60 |
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- |
- |
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40 |
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100 |
- |
- |
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On 26 January 2024, the 6,000 A Ordinary shares of 1p each and the 4,000 B Ordinary shares of 1p were redesignated as 10,000 Ordinary shares of 1p each.
Parent and ultimate parent undertaking |
Following an acquisition on 26 January 2024, the company's immediate parent is
The ultimate parent is