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REGISTERED NUMBER: 08746040 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

FOR

HAMILTON COURT HOUSE LIMITED

HAMILTON COURT HOUSE LIMITED (REGISTERED NUMBER: 087460

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAMILTON COURT HOUSE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: E Krips
K R H Solomons
P G Solomons





REGISTERED OFFICE: 3 Durrant Road
Bournemouth
Dorset
BH2 6NE





REGISTERED NUMBER: 08746040 (England and Wales)





ACCOUNTANTS: Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

HAMILTON COURT HOUSE LIMITED (REGISTERED NUMBER: 087460

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,504,050 1,504,050

CURRENT ASSETS
Debtors 5 1,010 17,929
Cash at bank 133,091 87,180
134,101 105,109
CREDITORS
Amounts falling due within one year 6 530,770 525,469
NET CURRENT LIABILITIES (396,669 ) (420,360 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,107,381

1,083,690

CREDITORS
Amounts falling due after more than one
year

7

(245,335

)

(286,510

)

PROVISIONS FOR LIABILITIES (102,480 ) (77,115 )
NET ASSETS 759,566 720,065

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Non-distributable reserves 9 352,297 377,662
Retained earnings 9 406,269 341,403
SHAREHOLDERS' FUNDS 759,566 720,065

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

HAMILTON COURT HOUSE LIMITED (REGISTERED NUMBER: 087460

BALANCE SHEET - continued
31 JANUARY 2023


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 16 October 2023 and were signed on its behalf by:





E Krips - Director


HAMILTON COURT HOUSE LIMITED (REGISTERED NUMBER: 087460

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023


1. STATUTORY INFORMATION

Hamilton Court House 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.

Turnover
Turnover represents rents receivable during the period.

Investment property
In accordance with the provisions of FRS 102 freehold investment buildings are not depreciated.

This is in contravention to the Companies Act 2006 which requires all tangible fixed assets to be depreciated. The directors are of the opinion that this departure from the Companies Act 2006 is needed to present a true and fair view.

Taxation
Taxation for the year 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.

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.

HAMILTON COURT HOUSE LIMITED (REGISTERED NUMBER: 087460

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2022
and 31 January 2023 1,504,050
NET BOOK VALUE
At 31 January 2023 1,504,050
At 31 January 2022 1,504,050

On a historical cost basis the property would have been included at an original cost of £1,061,407 based on available information to the directors. An appraisal of the investment property has been made by directors on a fair value basis as at 31 January 2023.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,010 17,929

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 41,175 39,111
Taxation and social security 29,716 22,237
Other creditors 459,879 464,121
530,770 525,469

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 245,335 286,510

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 57,787 108,357

HAMILTON COURT HOUSE LIMITED (REGISTERED NUMBER: 087460

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023


8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 286,510 325,621

9. RESERVES
Retained Non-distributable
earnings reserves Totals
£    £    £   

At 1 February 2022 341,403 377,662 719,065
Profit for the year 39,501 39,501
Revaluation of property 25,365 (25,365 ) -
At 31 January 2023 406,269 352,297 758,566

The non distributable reserves represent unrealised property revaluations.

10. RELATED PARTY DISCLOSURES

At the balance sheet date the company had received loans from the directors of £443,061 (2022 £448,691) which are included in creditors falling due within one year. This balance is interest free and repayable on demand.