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REGISTERED NUMBER: 10655407 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

HANCOCK PROPERTY INVESTMENTS LIMITED

HANCOCK PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10655407)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HANCOCK PROPERTY INVESTMENTS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTORS: Mrs L C Hancock
J P Hancock





REGISTERED OFFICE: White House Barn
Belton Road
Beltoft
Doncaster
South Yorkshire
DN9 1NB





REGISTERED NUMBER: 10655407 (England and Wales)





ACCOUNTANTS: Sowerby
Chartered Accountants
50-52 Aire Street
Goole
DN14 5QE

HANCOCK PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10655407)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1 1
Investment property 5 438,537 438,537
438,538 438,538

CURRENT ASSETS
Debtors 6 124 132
Cash at bank 27,654 27,109
27,778 27,241
CREDITORS
Amounts falling due within one year 7 257,517 321,051
NET CURRENT LIABILITIES (229,739 ) (293,810 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

208,799

144,728

CREDITORS
Amounts falling due after more than one year 8 107,791 109,856
NET ASSETS 101,008 34,872

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 101,006 34,870
SHAREHOLDERS' FUNDS 101,008 34,872

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

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

HANCOCK PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10655407)

BALANCE SHEET - continued
31 March 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 18 December 2023 and were signed on its behalf by:





Mrs L C Hancock - Director


HANCOCK PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10655407)

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


1. STATUTORY INFORMATION

Hancock Property Investments Limited is a private company, limited by shares, registered in England. The company's registered number is 10655407 and has its registered office at White House Barn, Belton Road, Beltoft, United Kingdom, DN9 1NB.

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

The principal activity of the company is the letting and operating of properties.

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

Turnover
Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts.

Turnover from services is recognised on completion of service, or when those services span the year end date, by reference to the stage of completion at the balance sheet date.

Investment property
Investment property is included at fair value. Movement in fair value is recognised in the income statement. Deferred taxation is provided on these gains/losses at the rate expected to apply when the property is sold.

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.

HANCOCK PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10655407)

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


3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2022
and 31 March 2023 1
NET BOOK VALUE
At 31 March 2023 1
At 31 March 2022 1

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 438,537
NET BOOK VALUE
At 31 March 2023 438,537
At 31 March 2022 438,537

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 124 132

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 2,065 1,958
Trade creditors 500 501
Taxation and social security 975 3,010
Other creditors 253,977 315,582
257,517 321,051

HANCOCK PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10655407)

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


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 107,791 109,856

Amounts falling due in more than five years:

Repayable by instalments
Mortgage more 5 yr 98,336 100,892

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 109,856 111,814

The bank loans are secured over the properties in which they relate.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed it's directors £248,150 (2022: £313,475). The loan is free from interest and repayable on demand.