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REGISTERED NUMBER: 04749758 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

BOND HILL PROPERTY LIMITED

BOND HILL PROPERTY LIMITED (REGISTERED NUMBER: 04749758)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


BOND HILL PROPERTY LIMITED

COMPANY INFORMATION
for the Year Ended 31 May 2023







DIRECTORS: J M Clifton
Mrs S A Clifton





SECRETARY: Mrs S A Clifton





REGISTERED OFFICE: 3 Mellor Road
Cheadle Hulme
Cheadle
Cheshire
SK8 5AT





REGISTERED NUMBER: 04749758 (England and Wales)





ACCOUNTANTS: Moss & Williamson Limited
Chartered Accountants
3 Mellor Road
Cheadle Hulme
Cheadle
Cheshire
SK8 5AT

BOND HILL PROPERTY LIMITED (REGISTERED NUMBER: 04749758)

ABRIDGED BALANCE SHEET
31 May 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investment property 4 375,000 375,000

CURRENT ASSETS
Debtors 8,194 4,527
Cash at bank 88,667 95,557
96,861 100,084
CREDITORS
Amounts falling due within one year (26,735 ) (6,913 )
NET CURRENT ASSETS 70,126 93,171
TOTAL ASSETS LESS CURRENT
LIABILITIES

445,126

468,171

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 5 210,820 210,820
Retained earnings 234,304 257,349
SHAREHOLDERS' FUNDS 445,126 468,171

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

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

BOND HILL PROPERTY LIMITED (REGISTERED NUMBER: 04749758)

ABRIDGED BALANCE SHEET - continued
31 May 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 May 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 16 February 2024 and were signed on its behalf by:





J M Clifton - Director


BOND HILL PROPERTY LIMITED (REGISTERED NUMBER: 04749758)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Bond Hill 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2022
and 31 May 2023 375,000
NET BOOK VALUE
At 31 May 2023 375,000
At 31 May 2022 375,000

Fair value at 31 May 2023 is represented by:
£   
Valuation in 2010 95,820
Valuation in 2022 115,000
Cost 164,180
375,000

If the the investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 164,180 164,180

The investment property was valued on an open market basis basis on 5 April 2022 by Kirkham Properties .

BOND HILL PROPERTY LIMITED (REGISTERED NUMBER: 04749758)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2023

4. INVESTMENT PROPERTY - continued

The directors have considered the valuation of freehold property held as investment property and are of the opinion that there has been no material change in the value of the property as at 5 April 2022

5. RESERVES
Revaluation
reserve
£   
At 1 June 2022
and 31 May 2023 210,820

6. RELATED PARTY DISCLOSURES

Mr & Mrs Clifton are directors and shareholders of Ashton Jig and Tool Company Limited. Bond Hill Property Ltd received £73,407 (2022 - £40,872) for rent and utilities in the year to 31st May 2023.

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr & Mrs Clifton..