Company Registration No. 00794122 (England and Wales)
HUGHES AND SALVIDGE (PORTSMOUTH) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
PAGES FOR FILING WITH REGISTRAR
HUGHES AND SALVIDGE (PORTSMOUTH) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2
HUGHES AND SALVIDGE (PORTSMOUTH) LIMITED
BALANCE SHEET
AS AT
31 MARCH 2021
31 March 2021
- 1 -
2021
2020
Notes
£
£
£
£
Current assets
Debtors
2
100
100
Net current assets
100
100
Capital and reserves
Called up share capital
3
100
100
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 March 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 17 December 2021 and are signed on its behalf by:
J E Stevenson
Director
Company Registration No. 00794122
HUGHES AND SALVIDGE (PORTSMOUTH) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
- 2 -
1
Accounting policies
Company information
Hughes and Salvidge (Portsmouth) Limited is a
private
company
limited by shares
incorporated in
England and Wales
.
The registered office is
11 Flathouse Road, Portsmouth, Hampshire, United Kingdom, PO1 4QS.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Profit and loss account
The company has not traded during the year or the preceding financial period. During
this time,
the company received no income and incurred no expenditure and therefore no
Profit and loss account
is presented
in these financial statements.
2
Debtors
2021
2020
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
100
100
3
Share capital
2021
2020
Ordinary share capital
£
£
Issued and fully paid
100 Ordinary Shares of £1 each
100
100
4
Ultimate controlling party
The company is controlled by its parent company Hughes and Salvidge Demolition Limited, by virtue of their 100% shareholding.
The company's ultimate controlling parties are the shareholders of Hughes and Salvidge Demolition Limited. There is no single controlling party.