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REGISTERED NUMBER: 13724225 (England and Wales)










Unaudited Financial Statements for the Year Ended 30 April 2023

for

HEXTALL PROPERTY LIMITED

HEXTALL PROPERTY LIMITED (REGISTERED NUMBER: 13724225)

Contents of the Financial Statements
for the Year Ended 30 April 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

HEXTALL PROPERTY LIMITED

Company Information
for the Year Ended 30 April 2023







DIRECTORS: T J Woolman
Mrs E M Woolman





SECRETARY: C J Woolman





REGISTERED OFFICE: Hextall Old Farm
Hextall Lane
Ranton
Stafford
ST18 9JU





REGISTERED NUMBER: 13724225 (England and Wales)





ACCOUNTANTS: CHEADLES
Chartered Accountants
Telegraph House
59 Wolverhampton Road
Stafford
Staffordshire
ST17 4AW

HEXTALL PROPERTY LIMITED (REGISTERED NUMBER: 13724225)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,239 652
Investment property 5 160,564 145,564
162,803 146,216

CURRENT ASSETS
Cash at bank 84,418 38,316

CREDITORS
Amounts falling due within one year 6 270,952 213,601
NET CURRENT LIABILITIES (186,534 ) (175,285 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(23,731

)

(29,069

)

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 15,000 -
Retained earnings (38,831 ) (29,169 )
(23,731 ) (29,069 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

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

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 27 October 2023 and were signed on its behalf by:





Mrs E M Woolman - Director


HEXTALL PROPERTY LIMITED (REGISTERED NUMBER: 13724225)

Notes to the Financial Statements
for the Year Ended 30 April 2023


1. STATUTORY INFORMATION

Hextall Property 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.

The accounts have been prepared on the going concern basis as the directors have indicated that they will financially support the activites of the company for the next 12 months.

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 - 25% on reducing balance

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 2 (2022 - 2 ) .

HEXTALL PROPERTY LIMITED (REGISTERED NUMBER: 13724225)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 May 2022 742
Additions 2,558
Disposals (339 )
At 30 April 2023 2,961
DEPRECIATION
At 1 May 2022 90
Charge for year 673
Eliminated on disposal (41 )
At 30 April 2023 722
NET BOOK VALUE
At 30 April 2023 2,239
At 30 April 2022 652

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2022 145,564
Revaluations 15,000
At 30 April 2023 160,564
NET BOOK VALUE
At 30 April 2023 160,564
At 30 April 2022 145,564

Fair value at 30 April 2023 is represented by:
£   
Valuation in 2023 15,000
Cost 145,564
160,564

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade creditors - 787
Amounts owed to group undertakings 270,322 212,214
Other creditors 630 600
270,952 213,601

HEXTALL PROPERTY LIMITED (REGISTERED NUMBER: 13724225)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023


7. RESERVES
Revaluation
reserve
£   
Reserve transfer 15,000

At 30 April 2023 15,000

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Hextall Property Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hextall Property Limited for the year ended 30 April 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Hextall Property Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hextall Property Limited and state those matters that we have agreed to state to the Board of Directors of Hextall Property Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hextall Property Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hextall Property Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hextall Property Limited. You consider that Hextall Property Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hextall Property Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






CHEADLES
Chartered Accountants
Telegraph House
59 Wolverhampton Road
Stafford
Staffordshire
ST17 4AW


27 October 2023