Company Registration No. 12793671 (England and Wales)
John Howard ( Collingbourne) Limited
Unaudited accounts
for the year ended 29 February 2024
John Howard ( Collingbourne) Limited
Unaudited accounts
Contents
John Howard ( Collingbourne) Limited
Company Information
for the year ended 29 February 2024
Directors
Christon Burrows
John Howard
Company Number
12793671 (England and Wales)
Registered Office
47a Broadgates
Market Place
Henley-On-Thames
RG9 2AD
Accountants
Balmoral Consultancy Services Limited
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN
John Howard ( Collingbourne) Limited
Statement of financial position
as at 29 February 2024
Tangible assets
3,524,992
3,297,873
Cash at bank and in hand
4
4
Creditors: amounts falling due within one year
(3,764,969)
(3,535,750)
Net current liabilities
(3,764,965)
(3,535,746)
Net liabilities
(239,973)
(237,873)
Called up share capital
4
4
Profit and loss account
(239,977)
(237,877)
Shareholders' funds
(239,973)
(237,873)
For the year ending 29 February 2024 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 24 February 2025 and were signed on its behalf by
Christon Burrows
Director
Company Registration No. 12793671
John Howard ( Collingbourne) Limited
Notes to the Accounts
for the year ended 29 February 2024
John Howard ( Collingbourne) Limited is a private company, limited by shares, registered in England and Wales, registration number 12793671. The registered office is 47a Broadgates, Market Place, Henley-On-Thames, RG9 2AD.
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 remained unchanged from the previous year, and also 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.
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 debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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.
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.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
John Howard ( Collingbourne) Limited
Notes to the Accounts
for the year ended 29 February 2024
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land & buildings
0% Depreciation
Land and buildings are 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 profit or loss.
4
Tangible fixed assets
Land & buildings
At 29 February 2024
3,524,992
At 29 February 2024
3,524,992
At 28 February 2023
3,297,873
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
3,762,869
3,533,650
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).