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HILBIRIO PROPERTIES LIMITED - Company Information

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Hilbirio Properties Limited

Registered Number:03259493

For the year ended 31 May 2023

England and Wales

Unaudited Financial Statements

For the year ended 31 May 2023

Hilbirio Properties Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Registered Number :

03259493

As at 31 May 2023

Hilbirio Properties Limited

Statement of Financial Position

2022

2023

Notes

Fixed assets

Property, plant and equipment

256,618

Trade and other payables: amounts falling due within one

year

(384)

Net current liabilities

Total assets less current liabilities

256,234

Trade and other payables: amounts falling due after more

than one year

(333,772)

(331,482)

(75,248)

Net liabilities

(77,538)

Capital and reserves

Called up share capital

Retained earnings

(75,250)

(77,540)

(75,248)

(77,538)

Shareholders' funds

For the year ended 31 May 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 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.

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

Mrs J C Llewellyn Director

These financial statements were approved and authorised for issue by the Board on 21 February 2024 and were signed by:

The notes form part of these financial statements

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For the year ended 31 May 2023

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

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery

25 Reducing balance

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

Land and

buildings

Cost or

valuation

At 01 June 2022

256,618

At 31 May 2023

256,618

At 31 May 2023

Net book value

256,618

At 31 May 2022

256,618

3. Trade and other receivables

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For the year ended 31 May 2023

Hilbirio Properties Limited

Notes to the Financial Statements Continued

4. Trade and other payables: amounts falling due within one year

2022

2023

Other creditors

384

5. Trade and other payables: amounts falling due after more than one year

2022

2023

Other creditors

331,482

333,772

7. Average number of persons employed

During the year the average number of employees was 0

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