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REGISTERED NUMBER: 13220420 (England and Wales)






















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

H&SJ PROPERTY LTD

H&SJ PROPERTY LTD (REGISTERED NUMBER: 13220420)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


H&SJ PROPERTY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: H O Jewsbury
Mrs S U Baker





REGISTERED OFFICE: 106 Ninian Road
Cardiff
CF23 5ER





REGISTERED NUMBER: 13220420 (England and Wales)





ACCOUNTANTS: MHA (trading name of MacIntyre Hudson LLP,
a limited liability partnership in England
and Wales (Registered number OC312313))
Elfed House
Oak Tree Court
Cardiff Gate Business Park
Cardiff
CF23 8RS

H&SJ PROPERTY LTD (REGISTERED NUMBER: 13220420)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,666 966
Investment property 5 330,166 330,166
332,832 331,132

CURRENT ASSETS
Debtors 6 2,300 2,300
Cash at bank 22,287 2,494
24,587 4,794
CREDITORS
Amounts falling due within one year 7 (189,597 ) (155,935 )
NET CURRENT LIABILITIES (165,010 ) (151,141 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

167,822

179,991

CREDITORS
Amounts falling due after more than one
year

8

(186,132

)

(191,860

)
NET LIABILITIES (18,310 ) (11,869 )

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (18,320 ) (11,879 )
(18,310 ) (11,869 )

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

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

H&SJ PROPERTY LTD (REGISTERED NUMBER: 13220420)

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 28 November 2023 and were signed on its behalf by:





H O Jewsbury - Director


H&SJ PROPERTY LTD (REGISTERED NUMBER: 13220420)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

H&SJ 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.

The presentation currency of the financial statements is Pound Sterling (£).

The directors acknowledge the negative reserves for the period and confirm that they believe that the
company is still a going concern and the accounts should be prepared on this basis. The Directors
confirm their full support to the company financially and believe that the company will be profitable in
the next year or two. They acknowledge that no dividend distributions will be made until there are
sufficient profits available for that purpose.

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 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 - 25% on cost

Tangible fixed assets are initially measured at cost. After initial recognition, tangible fixed assets are measured at cost less any accumulated depreciation and any accumulated impairment losses.

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.


H&SJ PROPERTY LTD (REGISTERED NUMBER: 13220420)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


2. ACCOUNTING POLICIES - continued
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 (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022 1,288
Additions 2,696
At 28 February 2023 3,984
DEPRECIATION
At 1 March 2022 322
Charge for year 996
At 28 February 2023 1,318
NET BOOK VALUE
At 28 February 2023 2,666
At 28 February 2022 966

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022
and 28 February 2023 330,166
NET BOOK VALUE
At 28 February 2023 330,166
At 28 February 2022 330,166

The directors consider that the value of the above investment properties as at the financial year end is equivalent to the cost of purchase during the year.

H&SJ PROPERTY LTD (REGISTERED NUMBER: 13220420)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 2,300 2,300

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,737 -
Amounts owed to participating interests 164,335 152,885
Other creditors 19,525 3,050
189,597 155,935

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 186,132 191,860

Amounts falling due in more than five years:

Repayable by instalments
The Big Windsor mortgage 186,132 191,860