H.& J.Properties Limited - Accounts to registrar (filleted) - small 23.2.5
H.& J.Properties Limited - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 |
| FOR |
| H.& J.PROPERTIES LIMITED |
| H.& J.PROPERTIES LIMITED (REGISTERED NUMBER: 00351503) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 31 MARCH 2023 |
| Page |
| Company Information | 1 |
| Abridged Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| H.& J.PROPERTIES LIMITED |
| COMPANY INFORMATION |
| for the year ended 31 MARCH 2023 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 4 Beaufort West |
| Bath |
| BA1 6QB |
| BANKERS: |
| 6 West Street |
| Horsham |
| West Sussex |
| RH12 1PE |
| H.& J.PROPERTIES LIMITED (REGISTERED NUMBER: 00351503) |
| ABRIDGED BALANCE SHEET |
| 31 MARCH 2023 |
| 2023 | 2022 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Capital reserve | 5 |
| Fair value reserve | 5 |
| Retained earnings | 5 |
| SHAREHOLDERS' FUNDS |
| 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. |
| H.& J.PROPERTIES LIMITED (REGISTERED NUMBER: 00351503) |
| ABRIDGED BALANCE SHEET - continued |
| 31 MARCH 2023 |
| 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 |
| H.& J.PROPERTIES LIMITED (REGISTERED NUMBER: 00351503) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 31 MARCH 2023 |
| 1. | STATUTORY INFORMATION |
| H.& J.Properties Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| Investment properties are shown at open market value based on current valuations. Such valuations are made annually by the directors with periodic valuations carried out by external valuers. Any surplus or deficit arising on revaluation less any associated deferred tax provision is recognised in the profit and loss account with the net credit or debit then being transferred to a fair value reserve. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| H.& J.PROPERTIES LIMITED (REGISTERED NUMBER: 00351503) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 MARCH 2023 |
| 4. | TANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST OR VALUATION |
| At 1 April 2022 |
| and 31 March 2023 |
| DEPRECIATION |
| At 1 April 2022 |
| Charge for year |
| At 31 March 2023 |
| NET BOOK VALUE |
| At 31 March 2023 |
| At 31 March 2022 |
| Cost or valuation at 31 March 2023 is represented by: |
| Totals |
| £ |
| Valuation in 2023 | 170,000 |
| Cost | 21,755 |
| 191,755 |
| If the investment property had not been revalued it would have been included at the following historical cost: |
| 2023 | 2022 |
| £ | £ |
| Cost | 77,015 | 77,015 |
| The investment property was valued on an open market basis basis on 31 March 2023 by the directors . |
| 5. | RESERVES |
| Fair |
| Retained | Capital | value |
| earnings | reserve | reserve | Totals |
| £ | £ | £ | £ |
| At 1 April 2022 | 174,624 |
| Deficit for the year | ( |
) | ( |
) |
| At 31 March 2023 | 166,241 |