HEATH FARM PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Heath Farm Properties Limited is a private company limited by shares incorporated in England and Wales. The address of it's registered office is 16 Great Queen Street, Covent Garden, London WC2B 5AH.
The financial statements are presented in sterling(£), which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.Accounting policies
|
|
Basis of preparation of financial statements
|
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
Ordinary shares are classified as equity.
|
The average monthly number of employees, including directors, during the year was 2 (2023 - 2).
|
|
|
Allotted, called up and fully paid
|
|
|
|
|
|
|
|
|
|
30 (2023 - 30) Ordinary A shares of £1.00 each
|
|
|
|
|
30 (2023 - 30) Ordinary B shares of £1.00 each
|
|
|
|
|
20 (2023 - 20) Ordinary C shares of £1.00 each
|
|
|
|
|
20 (2023 - 20) Ordinary D shares of £1.00 each
|
|
|
|
|
|
|
|
|
|
|
|
|
|