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REGISTERED NUMBER: 12363203 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Halwick Property Limited

Halwick Property Limited (Registered number: 12363203)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Halwick Property Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr R Laird
Mrs D E Laird





REGISTERED OFFICE: Milton House
Gatehouse Road
Aylesbury
Buckinghamshire
HP19 8EA





REGISTERED NUMBER: 12363203 (England and Wales)





ACCOUNTANTS: Haines Watts (Berkhamsted) Limited
Chartered Accountants
4 Claridge Court
Lower Kings Road
Berkhamsted
Hertfordshire
HP4 2AF

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Halwick 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 Halwick Property Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet 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 Halwick 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 Halwick Property Limited and state those matters that we have agreed to state to the Board of Directors of Halwick 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 Halwick Property Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Halwick 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 loss of Halwick Property Limited. You consider that Halwick 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 Halwick 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.






Haines Watts (Berkhamsted) Limited
Chartered Accountants
4 Claridge Court
Lower Kings Road
Berkhamsted
Hertfordshire
HP4 2AF


5 February 2024

Halwick Property Limited (Registered number: 12363203)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 673,625 673,625

CURRENT ASSETS
Debtors 5 2,186 -
Cash at bank 1,161 4,227
3,347 4,227
CREDITORS
Amounts falling due within one year 6 473,463 463,280
NET CURRENT LIABILITIES (470,116 ) (459,053 )
TOTAL ASSETS LESS CURRENT LIABILITIES 203,509 214,572

CREDITORS
Amounts falling due after more than one
year

7

246,893

246,893
NET LIABILITIES (43,384 ) (32,321 )

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (43,394 ) (32,331 )
(43,384 ) (32,321 )

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

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

Halwick Property Limited (Registered number: 12363203)

Balance Sheet - continued
31 December 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 5 February 2024 and were signed on its behalf by:





Mr R Laird - Director


Halwick Property Limited (Registered number: 12363203)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Halwick 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - in accordance with the property

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 NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 January 2023
and 31 December 2023 673,625
NET BOOK VALUE
At 31 December 2023 673,625
At 31 December 2022 673,625

Halwick Property Limited (Registered number: 12363203)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 2,186 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed to associates 471,889 461,563
Other creditors 1,574 1,717
473,463 463,280

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 246,893 246,893

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 246,893 246,893

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Bank loans 246,893 246,893

The Mortgage Works has a fixed charge over the property under mortgage with them.

9. RELATED PARTY DISCLOSURES

During the year a related company, Brightwell Aerials Limited, loaned the company £10,000 (2022: £7,000) and made payments on behalf of the company totalling £326 (2022: £1,423). The balance outstanding at 31 December 2023 is £471,889 (2022: £461,563). There are no set terms for repayment and no interest payable on the loan.