Hilton House Properties Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01110562 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2020

for

HILTON HOUSE PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTORS:

J H James

J A James

R J James

T M James

J P Woods

G S Woods

Mrs A D Woods

G P Woods

SECRETARY:

R J James

REGISTERED OFFICE:

Chells Manor House

Chells Lane

Stevenage

Hertfordshire

SG2 7AA

REGISTERED NUMBER:

01110562 (England and Wales)

ACCOUNTANTS:

The Trevor Jones Partnership LLP

Chartered Accountants

Springfield House

99/101 Crossbrook Street

Waltham Cross

Hertfordshire

EN8 8JR

CURRENT ASSETS

Stocks

332,768

292,805

Debtors

4

1,346

505

Cash at bank

59,335

115,998

393,449

409,308

CREDITORS

Amounts falling due within one year

5

134,750

148,212

NET CURRENT ASSETS

258,699

261,096

TOTAL ASSETS LESS CURRENT LIABILITIES

258,699

261,096

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

6

258,599

260,996

SHAREHOLDERS' FUNDS

258,699

261,096

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2020 and were signed on its behalf by:

J H James - Director

1.	STATUTORY INFORMATION

Hilton House Properties Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Revenue

Revenue is recognised at the fair value of the consideration received on legal completion on the sale of properties, and of the

amount receivable in respect of rental income net of value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is

recognised in profit or loss.

Stock and work in progress

Stock and work in progress comprises the cost of work where there is no contract in place and where there is a reasonable

expectation that costs will be recovered at some stage in the future. Where the costs incurred exceed the expected revenue, those

excess costs are written off as an expense in the period they are identified.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2019 - 8 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Other debtors

1,346

505

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

-

594

Taxation and social security

-

12,868

Other creditors

134,750

134,750

134,750

148,212

6.

RESERVES

Retained

earnings

£

At 1 April 2019

260,996

Deficit for the year

(2,397

)

At 31 March 2020

258,599

7.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial

statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are

cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be

filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of

Hilton House Properties Limited for the year ended 31 March 2020 which comprise the Income Statement, Balance Sheet and the related

notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Hilton House Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hilton House Properties Limited and state those matters that we have agreed to state to the Board of Directors of Hilton House Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hilton House Properties Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hilton House Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Hilton House Properties Limited. You consider that Hilton House Properties 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 financial statements of Hilton House Properties 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 financial statements.

The Trevor Jones Partnership LLP

Chartered Accountants

Springfield House

99/101 Crossbrook Street

Waltham Cross

Hertfordshire

EN8 8JR

15 July 2020