Hilbirio Properties Limited,Ltd - AccountsLtd - Accounts
Hilbirio Properties Limited,Ltd - AccountsLtd - Accounts
| Registered Number:03259493 |
For the year ended 31 May 2021
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2021
Hilbirio Properties Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
| Registered Number : |
| As at |
Hilbirio Properties Limited
Statement of Financial Position
| £ |
| £ |
2020
2021
| Notes |
| Fixed assets |
| Property, plant and equipment |
2
| Current assets |
-
| Cash and cash equivalents |
| Trade and other payables: amounts falling due within one |
| year |
(102,457 )
(945 )
3
(102,457)
(889 )
Net current liabilities
| Total assets less current liabilities |
| Trade and other payables: amounts falling due after more |
| than one year |
(239,347 )
(338,883 )
4
(79,231 )
Net liabilities
(79,955 )
| Capital and reserves |
| Called up share capital |
| Retained earnings |
(79,233 )
(79,957 )
(79,231 )
(79,955 )
Shareholders' funds
| 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| These financial statements were approved and authorised for issue by the Board on |
| The notes form part of these financial statements |
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4
For the year ended 31 May 2021
Hilbirio Properties Limited
Notes to the Financial Statements
Statutory Information
| Hilbirio Properties Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 03259493. |
| Registered address: |
Chockbury Cottage
Chockbury Lane
Cradley
Malvern
WR13 5NA
| The presentation currency is £ sterling. |
| 1. Accounting policies |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
Property, plant and equipment
Plant and machinery
Motor vehicles
| No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
| useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
| would be immaterial. The directors undertake an annual impairment review of these properties. |
| 2. Property, plant and equipment |
| Total |
Motor vehicles
| Plant and |
| machinery |
| Land and |
| buildings |
| £ |
| £ |
| £ |
| £ |
| Cost or |
| valuation |
| At 01 June 2020 |
| At 31 May 2021 |
| Provision for depreciation and impairment |
| At 01 June 2020 |
Charge for year
| At 31 May 2021 |
| At 31 May 2021 |
| Net book value |
| At 31 May 2020 |
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5
For the year ended 31 May 2021
Hilbirio Properties Limited
Notes to the Financial Statements Continued
| 3. Trade and other payables: amounts falling due within one year |
2020
2021
| £ |
| £ |
| Bank loans and overdraft |
| Other creditors |
| 4. Trade and other payables: amounts falling due after more than one year |
2020
2021
| £ |
| £ |
| Amounts owed to group undertaking and undertaking in which the |
| company has a participating interest |
| Other creditors |
| 5. Directors advances and guarantees |
| Going Concern |
| The Company's ability to remain a going concern is dependent on the debtors ability to repay their financial |
| obligations. |
| The director, who is also indebted to the company, is confident that the company will remain solvent and active and |
| therefore should not default on its own financial obligations. |
| 6. Guarantees and other financial commitments |
| Guarantees and contingent assets and liabilities |
| Companies House have 3 charges registered against the company, these relate to LLoyds Bank and Peter Noel |
| Harris |
| 7. Average number of persons employed |
During the year the average number of employees was 0
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