Hill Road Properties Limited - Accounts to registrar (filleted) - small 23.1.2
Hill Road Properties Limited - Accounts to registrar (filleted) - small 23.1.2
| REGISTERED NUMBER: |
| Hill Road Properties Limited |
| Unaudited Financial Statements |
| for the Year Ended 30 September 2022 |
| Hill Road Properties Limited (Registered number: 05924244) |
| Contents of the Financial Statements |
| for the year ended 30 September 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Hill Road Properties Limited |
| Company Information |
| for the year ended 30 September 2022 |
| Director: |
| Secretary: |
| Registered office: |
| Registered number: |
| Accountants: |
| Chartered Accountants |
| New Derwent House |
| 69-73 Theobalds Road |
| London |
| WC1X 8TA |
| Hill Road Properties Limited (Registered number: 05924244) |
| Balance Sheet |
| 30 September 2022 |
| 2022 | 2021 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Investment property | 5 |
| Current assets |
| Debtors | 6 |
| Cash at bank |
| Creditors: amounts falling due within one year |
7 |
| Net current (liabilities)/assets | ( |
) |
| Total assets less current liabilities |
| Creditors: amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| Provisions for liabilities | ( |
) | ( |
) |
| Net assets |
| Capital and reserves |
| Called up share capital | 9 |
| Fair value reserve | 10 |
| Retained earnings | 10 | ( |
) | ( |
) |
| Shareholders' funds |
| The director acknowledges his 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| Hill Road Properties Limited (Registered number: 05924244) |
| Notes to the Financial Statements |
| for the year ended 30 September 2022 |
| 1. | Statutory information |
| Hill Road Properties Limited is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of rental income received or receivable during the normal course of business and is shown net of VAT. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Going concern |
| These financial statements have been prepared on a going concern basis and they do not include any adjustments which may be necessary should the going concern basis of accounting no longer be appropriate. |
| 3. | Employees and directors |
| The average number of employees during the year was NIL (2021 - NIL). |
| Hill Road Properties Limited (Registered number: 05924244) |
| Notes to the Financial Statements - continued |
| for the year ended 30 September 2022 |
| 4. | Tangible fixed assets |
| Fixtures |
| and |
| fittings |
| £ |
| Cost |
| At 1 October 2021 |
| and 30 September 2022 |
| Depreciation |
| At 1 October 2021 |
| Charge for year |
| At 30 September 2022 |
| Net book value |
| At 30 September 2022 |
| At 30 September 2021 |
| 5. | Investment property |
| Total |
| £ |
| Fair value |
| At 1 October 2021 |
| Additions |
| At 30 September 2022 |
| Net book value |
| At 30 September 2022 |
| At 30 September 2021 |
| The Director has considered the Fair Value of the investment property at the reporting date and does not believe there to be a material change during the period. For this reason there has been no Fair Value adjustment. |
| 6. | Debtors: amounts falling due within one year |
| 2022 | 2021 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | Creditors: amounts falling due within one year |
| 2022 | 2021 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| Hill Road Properties Limited (Registered number: 05924244) |
| Notes to the Financial Statements - continued |
| for the year ended 30 September 2022 |
| 8. | Creditors: amounts falling due after more than one year |
| 2022 | 2021 |
| £ | £ |
| Other creditors |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Other loans more 5yrs instal | 2,195,369 | 2,195,369 |
| Other creditors includes a loan secured by a legal charge over the property and by a fixed charge over the assets, guarantee and warranties in respect of any of them. |
| 9. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2022 | 2021 |
| value: | £ | £ |
| Ordinary | 1 | 200 | 200 |
| 10. | Reserves |
| Retained | Fair value |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1 October 2021 | ( |
) | 2,153,395 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| At 30 September 2022 | ( |
) | 2,104,874 |