Registration number:
Hemsley Asset Management Limited
for the Year Ended 30 September 2021
Hemsley Asset Management Limited
Contents
Company Information |
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Accountants' Report |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Hemsley Asset Management Limited
Company Information
Directors |
Mr A Fulton Mrs A Fulton |
Company secretary |
Mrs A Fulton |
Registered office |
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Bankers |
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Accountants |
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Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Hemsley Asset Management Limited
for the Year Ended 30 September 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Hemsley Asset Management Limited for the year ended 30 September 2021 as set out on pages 3 to 3 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/gb/en/
discover/public-value/rulebook.html.
This report is made solely to the Board of Directors of Hemsley Asset Management Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Hemsley Asset Management Limited and state those matters that we have agreed to state to the Board of Directors of Hemsley Asset Management Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/october/factsheet-
163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hemsley Asset Management Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Hemsley Asset Management Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Hemsley Asset Management Limited. You consider that Hemsley Asset Management Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Hemsley Asset Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Millennium Way
Pride Park
Derby
DE24 8HG
Hemsley Asset Management Limited
(Registration number: 09952585)
Balance Sheet as at 30 September 2021
2021 |
2020 |
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Fixed assets |
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Current assets |
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Prepayments and accrued income |
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Creditors: Amounts falling due within one year |
( |
( |
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 |
( |
( |
Accruals and deferred income |
( |
( |
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Capital and reserves |
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These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
For the financial year ending 30 September 2021 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 and 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
Hemsley Asset Management Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2021
General information |
The company is a private company limited by share capital, incorporated in England.
The address of the registered office is given in the company information on page 1 of the financial statements.
Basis of preparation
These financial statements have been prepared in accordance with Financial Reporting Standard 105 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
The financial statements are presented in Sterling (£) and rounded to the nearest £1.
Going concern
The global pandemic known as Covid-19 is causing uncertainty throughout the UK economy. The Company is working closely with customers and suppliers to review their plans and expected activities in the coming months.
Consideration has been given to the risks of reduced turnover, slow payment or non-payment of debts, and the value of assets owned by the company.
Based on the information available and using a reasonable range of assumptions, the business can continue as a going concern and the accounts have been prepared on this basis.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Financial commitments, guarantees and contingencies |
Amounts not provided for in the balance sheet
The total amount of financial commitments in respect of operating leases not included in the balance sheet is £
Of this balance amounts due under 1 year are £12,500 (2020 - £12,500), within 2 to 5 years is £50,000 (2020 - £50,000), and over 5 years is £1,468,750 (2020 - £1,481,250). The lease maturity date is 31 March 2144.