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Company Registration No. 02381918 (England and Wales)
HGH Properties Limited Unaudited accounts for the year ended 30 June 2023
HGH Properties Limited Unaudited accounts Contents
Page
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HGH Properties Limited Company Information for the year ended 30 June 2023
Directors
G F Aldridge H Aldridge
Secretary
H Aldridge
Company Number
02381918 (England and Wales)
Registered Office
18 Letchmore Road Radlett Hertfordshire WD7 8HT United Kingdom
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HGH Properties Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
2,135,000 
2,445,000 
Investments
12,500 
12,500 
2,147,500 
2,457,500 
Current assets
Debtors
185 
31,657 
Cash at bank and in hand
137,519 
91,629 
137,704 
123,286 
Creditors: amounts falling due within one year
(101,210)
(82,518)
Net current assets
36,494 
40,768 
Net assets
2,183,994 
2,498,268 
Capital and reserves
Called up share capital
9,500 
9,500 
Share premium
90,000 
90,000 
Revaluation reserve
1,287,940 
1,597,940 
Capital redemption reserve
500 
500 
Profit and loss account
796,054 
800,328 
Shareholders' funds
2,183,994 
2,498,268 
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2023 and were signed on its behalf by
G F Aldridge Director Company Registration No. 02381918
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HGH Properties Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
HGH Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 02381918. The registered office is 18 Letchmore Road, Radlett, Hertfordshire, WD7 8HT, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2023 
£ 
Fair value at 1 July 2022
2,445,000 
Net loss from fair value adjustments
(310,000)
At 30 June 2023
2,135,000 
The properties owned by the company have been revalued at 30th June 2023 by Martin Clarke Property Consultant at market value.
5
Investments
Other investments 
£ 
Valuation at 1 July 2022
12,500 
Valuation at 30 June 2023
12,500 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
31,472 
Other debtors
185 
185 
185 
31,657 
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HGH Properties Limited Notes to the Accounts for the year ended 30 June 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,855 
1,408 
Taxes and social security
15,525 
17,754 
Other creditors
27,118 
28,729 
Loans from directors
1,355 
1,355 
Deferred income
55,357 
33,272 
101,210 
82,518 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
95,002 Ordinary shares of £0.10 each
9,500.20 
9,500.20 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
G F Aldridge
Director's loan interest free
1,355 
- 
- 
1,355 
1,355 
- 
- 
1,355 
10
Transactions with related parties
In the opinion of the directors. the company is controlled by H Aldridge.
11
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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