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REGISTERED NUMBER: 01136817 (England and Wales)

















Unaudited Financial Statements for the Year Ended 30 June 2022

for

Hogg (News) Limited

Hogg (News) Limited (Registered number: 01136817)






Contents of the Financial Statements
for the Year Ended 30 June 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hogg (News) Limited

Company Information
for the Year Ended 30 June 2022







DIRECTOR: Mr G R S Hogg





REGISTERED OFFICE: 1 Hatton Close
Dronfield Woodhouse
Sheffield
Yorkshire
S18 5RW





REGISTERED NUMBER: 01136817 (England and Wales)





ACCOUNTANTS: Lishmans LLP
16-18 Station Road
Chapeltown
Sheffield
South Yorkshire
S35 2XH

Hogg (News) Limited (Registered number: 01136817)

Balance Sheet
30 June 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 56,849 1,204
Investment property 5 585,000 585,000
641,849 586,204

CURRENT ASSETS
Debtors 6 2,485 3,330
Cash at bank - 3,005
2,485 6,335
CREDITORS
Amounts falling due within one year 7 414,086 358,472
NET CURRENT LIABILITIES (411,601 ) (352,137 )
TOTAL ASSETS LESS CURRENT LIABILITIES 230,248 234,067

PROVISIONS FOR LIABILITIES 8 37,162 37,162
NET ASSETS 193,086 196,905

CAPITAL AND RESERVES
Called up share capital 12,517 12,517
Non distributable reserve 9 178,273 178,273
Retained earnings 2,296 6,115
SHAREHOLDERS' FUNDS 193,086 196,905

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

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.

Hogg (News) Limited (Registered number: 01136817)

Balance Sheet - continued
30 June 2022


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 August 2022 and were signed by:





Mr G R S Hogg - Director


Hogg (News) Limited (Registered number: 01136817)

Notes to the Financial Statements
for the Year Ended 30 June 2022

1. STATUTORY INFORMATION

Hogg (News) Limited is a private company , limited by shares , registered in England and Wales. The company's registered number is 01136817 and registered office address is 1 Hatton Close , Dronfield Woodhouse , Sheffield , Yorkshire , S18 5RW.

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.

Turnover
Turnover represents gross rents received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on cost

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. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

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 taxation is provided using the liability method to take account of the effect of the tax liability that would arise if the investment properties were to be sold at their fair value .

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

Hogg (News) Limited (Registered number: 01136817)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 July 2021 10,933
Additions 61,961
At 30 June 2022 72,894
DEPRECIATION
At 1 July 2021 9,729
Charge for year 6,316
At 30 June 2022 16,045
NET BOOK VALUE
At 30 June 2022 56,849
At 30 June 2021 1,204

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2021
and 30 June 2022 585,000
NET BOOK VALUE
At 30 June 2022 585,000
At 30 June 2021 585,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 2,485 3,330

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 9,697 -
Taxation and social security (2,251 ) 2,251
Other creditors 406,640 356,221
414,086 358,472

8. PROVISIONS FOR LIABILITIES
2022 2021
£    £   
Deferred tax 37,162 37,162

Hogg (News) Limited (Registered number: 01136817)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 July 2021 37,162
Balance at 30 June 2022 37,162

9. RESERVES
Non
distributable
reserve
£   
At 1 July 2021
and 30 June 2022 178,273