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REGISTERED NUMBER: 00253227 (England and Wales)















Unaudited Financial Statements

for the Period 7 December 2020 to 5 December 2021

for

A. & S. Hillman Limited

A. & S. Hillman Limited (Registered number: 00253227)






Contents of the Financial Statements
for the period 7 December 2020 to 5 December 2021




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


A. & S. Hillman Limited

Company Information
for the period 7 December 2020 to 5 December 2021







Directors: J P Hillman
Mrs W B Hillman





Registered office: 38 Westbury Road
Norwood
Middlesex
London
HA6 3BX





Registered number: 00253227 (England and Wales)





Accountants: Goodin, Reid & Co
7 Woodside Road
New Malden
Surrey
KT3 3AH

A. & S. Hillman Limited (Registered number: 00253227)

Balance Sheet
5 December 2021

2021 2020
Notes £    £    £    £   
Fixed assets
Tangible assets 4 16,461 19,050
Investments 5 79,944 65,540
Investment property 6 2,090,000 2,544,579
2,186,405 2,629,169

Current assets
Stocks 4,142 4,767
Debtors 7 31,421 23,605
Cash in hand 302,284 473,119
337,847 501,491
Creditors
Amounts falling due within one year 8 80,523 74,952
Net current assets 257,324 426,539
Total assets less current liabilities 2,443,729 3,055,708

Creditors
Amounts falling due after more than
one year

9

-

240,000
Net assets 2,443,729 2,815,708

Capital and reserves
Called up share capital 2,465 2,465
Retained earnings 2,441,264 2,813,243
2,443,729 2,815,708

A. & S. Hillman Limited (Registered number: 00253227)

Balance Sheet - continued
5 December 2021


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 5 December 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 5 December 2021 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 August 2022 and were signed on its behalf by:





J P Hillman - Director


A. & S. Hillman Limited (Registered number: 00253227)

Notes to the Financial Statements
for the period 7 December 2020 to 5 December 2021

1. Statutory information

A. & S. Hillman 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


A. & S. Hillman Limited (Registered number: 00253227)

Notes to the Financial Statements - continued
for the period 7 December 2020 to 5 December 2021

2. Accounting policies - continued
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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the period was 3 (2020 - 4 ) .

4. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
At 7 December 2020
and 5 December 2021 130,892
Depreciation
At 7 December 2020 111,842
Charge for period 2,589
At 5 December 2021 114,431
Net book value
At 5 December 2021 16,461
At 6 December 2020 19,050

A. & S. Hillman Limited (Registered number: 00253227)

Notes to the Financial Statements - continued
for the period 7 December 2020 to 5 December 2021

5. Fixed asset investments
Other
investments
£   
Cost or valuation
At 7 December 2020 65,540
Revaluations 14,404
At 5 December 2021 79,944
Net book value
At 5 December 2021 79,944
At 6 December 2020 65,540

Cost or valuation at 5 December 2021 is represented by:

Other
investments
£   
Valuation in 2021 79,944

If the investments had not been revalued they would have been included at the following historical cost:

2021 2020
£    £   
Cost 116,726 116,762
Aggregate provisions (15,000 ) (15,000 )

Fixed asset investments were valued on an open market basis on 5 December 2021 by the stock exchange .

A. & S. Hillman Limited (Registered number: 00253227)

Notes to the Financial Statements - continued
for the period 7 December 2020 to 5 December 2021

6. Investment property
Total
£   
Fair value
At 7 December 2020 2,544,579
Additions 27,746
Revaluations (482,325 )
At 5 December 2021 2,090,000
Net book value
At 5 December 2021 2,090,000
At 6 December 2020 2,544,579

Fair value at 5 December 2021 is represented by:
£   
Valuation in 2021 2,090,000

If investment properties had not been revalued they would have been included at the following historical cost:

2021 2020
£    £   
Cost 541,666 489,321

Investment properties were valued on an open market basis basis on 5 December 2021 by the Directors .

7. Debtors: amounts falling due within one year
2021 2020
£    £   
Trade debtors 31,200 16,900
Other debtors 221 6,705
31,421 23,605

A. & S. Hillman Limited (Registered number: 00253227)

Notes to the Financial Statements - continued
for the period 7 December 2020 to 5 December 2021

8. Creditors: amounts falling due within one year
2021 2020
£    £   
Trade creditors 15,198 13,690
Taxation and social security 30,329 38,600
Other creditors 34,996 22,662
80,523 74,952

9. Creditors: amounts falling due after more than one year
2021 2020
£    £   
Bank loans - 240,000