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REGISTERED NUMBER: 13916617 (England and Wales)















Unaudited Financial Statements

for the Period 15 February 2022 to 28 February 2023

for

Howe Pratap Lettings LTD

Howe Pratap Lettings LTD (Registered number: 13916617)






Contents of the Financial Statements
for the Period 15 February 2022 to 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Howe Pratap Lettings LTD

Company Information
for the Period 15 February 2022 to 28 February 2023







DIRECTORS: G E Howe
Dr S Pratap





REGISTERED OFFICE: Gable Cottage
Dolphin Lane
Fulbrook
Burford
Oxfordshire
OX18 4BB





REGISTERED NUMBER: 13916617 (England and Wales)





ACCOUNTANTS: ADM Accountancy Services Ltd
Homelands Commercial Centre
Vale Road
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 8PX

Howe Pratap Lettings LTD (Registered number: 13916617)

Balance Sheet
28 February 2023

Notes £    £   
FIXED ASSETS
Investment property 4 511,939

CURRENT ASSETS
Debtors 5 196
Cash at bank 392
588
CREDITORS
Amounts falling due within one year 6 187,360
NET CURRENT LIABILITIES (186,772 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

325,167

CREDITORS
Amounts falling due after more than one
year

7

330,028
NET LIABILITIES (4,861 )

CAPITAL AND RESERVES
Called up share capital 2
Retained earnings (4,863 )
(4,861 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 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.

Howe Pratap Lettings LTD (Registered number: 13916617)

Balance Sheet - continued
28 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2023 and were signed on its behalf by:





G E Howe - Director


Howe Pratap Lettings LTD (Registered number: 13916617)

Notes to the Financial Statements
for the Period 15 February 2022 to 28 February 2023

1. STATUTORY INFORMATION

Howe Pratap Lettings 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.

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 period 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 period 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 period was NIL.

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 511,939
At 28 February 2023 511,939
NET BOOK VALUE
At 28 February 2023 511,939

Howe Pratap Lettings LTD (Registered number: 13916617)

Notes to the Financial Statements - continued
for the Period 15 February 2022 to 28 February 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 6
Other debtors 190
196

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors (1 )
Other creditors 187,361
187,360

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 330,028

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 330,028

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 28 February 2023:

£   
G E Howe and Dr S Pratap
Balance outstanding at start of period -
Amounts advanced 9,002
Amounts repaid (190,000 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (180,998 )

9. RELATED PARTY DISCLOSURES

Howe-Pratap Properties LTD paid £6,123 expenses on behalf of Howe Pratap Lettings LTD during the year being reported. The balance outstanding to Howe-Pratap Properties LTD at the year end was £6,123. Mr Grahame Howe and Dr Sarah Pratap are joint directors and shareholders of both companies.