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REGISTERED NUMBER: 10719131 (England and Wales)















Hickson Property Ltd

Unaudited Financial Statements

for the Year Ended 30 April 2022






Hickson Property Ltd (Registered number: 10719131)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hickson Property Ltd

Company Information
for the Year Ended 30 April 2022







DIRECTORS: M Hickson
K Hickson





REGISTERED OFFICE: Oberon Lodge
Skidby Carr Lane
Dunswell
Hull
HU6 0AP





REGISTERED NUMBER: 10719131 (England and Wales)





ACCOUNTANTS: Howard & Co. Accountants LLP
6 Market Street
Birstall
West Yorkshire
WF17 9EN

Hickson Property Ltd (Registered number: 10719131)

Balance Sheet
30 April 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 303 596
Investment property 5 410,000 410,000
410,303 410,596

CURRENT ASSETS
Cash at bank 23,680 18,816

CREDITORS
Amounts falling due within one year 6 111,218 114,800
NET CURRENT LIABILITIES (87,538 ) (95,984 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

322,765

314,612

CREDITORS
Amounts falling due after more than one
year

7

(284,031

)

(285,547

)

PROVISIONS FOR LIABILITIES (8,032 ) (8,088 )
NET ASSETS 30,702 20,977

CAPITAL AND RESERVES
Called up share capital 10 10
Fair value reserve 9 33,997 33,997
Retained earnings (3,305 ) (13,030 )
SHAREHOLDERS' FUNDS 30,702 20,977

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 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.

Hickson Property Ltd (Registered number: 10719131)

Balance Sheet - continued
30 April 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 Board of Directors and authorised for issue on 26 August 2022 and were signed on its behalf by:





K Hickson - Director


Hickson Property Ltd (Registered number: 10719131)

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


1. STATUTORY INFORMATION

Hickson Property Ltd 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.
Plant and machinery etc - 33% 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.

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 NIL (2021 - NIL).

Hickson Property Ltd (Registered number: 10719131)

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


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2021
and 30 April 2022 889
DEPRECIATION
At 1 May 2021 293
Charge for year 293
At 30 April 2022 586
NET BOOK VALUE
At 30 April 2022 303
At 30 April 2021 596

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2021
and 30 April 2022 410,000
NET BOOK VALUE
At 30 April 2022 410,000
At 30 April 2021 410,000

Fair value at 30 April 2022 is represented by:
£   
Valuation in 2022 410,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 1,423 1,330
Other creditors 109,795 113,470
111,218 114,800

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 284,031 285,547

Hickson Property Ltd (Registered number: 10719131)

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


8. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   
Bank loans 285,454 286,877

9. RESERVES
Fair
value
reserve
£   
At 1 May 2021
and 30 April 2022 33,997