Registered number: 08621131 | ||||||||
FOR THE YEAR ENDED 30/09/2023 | ||||||||
Prepared By: | ||||||||
CBS Accountants Ltd | ||||||||
Chartered Accountants | ||||||||
Unit 17, Orbital 25 Business Park | ||||||||
Dwight Road | ||||||||
Watford | ||||||||
Hertfordshire | ||||||||
WD18 9DA |
Hitchin 16 Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/09/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in England & Wales, registered number 08621131 | ||||||||
ACCOUNTANTS | ||||||||
CBS Accountants Ltd | ||||||||
Chartered Accountants | ||||||||
Unit 17, Orbital 25 Business Park | ||||||||
Dwight Road | ||||||||
Watford | ||||||||
Hertfordshire | ||||||||
WD18 9DA |
Hitchin 16 Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/09/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 |
Hitchin 16 Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
6,228 | 1,692 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS / (LIABILITIES) | (6,227) | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Revaluation reserve | 1c,9 | 86,149 | 86,149 | |||||||
Profit and loss account | 191,807 | 55,254 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Hitchin 16 Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/09/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
1c. Revaluation Reserve | ||||||||
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 9). | ||||||||
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | - | |||||
3. TANGIBLE FIXED ASSETS |
Cost |
At 30/09/2023 |
Depreciation |
At 30/09/2023 |
Net Book Amounts |
At 30/09/2023 |
Hitchin 16 Limited | ||||||||
4. INVESTMENT PROPERTIES | ||||
Investment | ||||
Properties | Total | |||
£ | £ | |||
Fair value | ||||
At 01/10/2022 | 180,000 | 180,000 | ||
Revaluation | 170,000 | 170,000 | ||
At 30/09/2023 | 350,000 | 350,000 | ||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 6,000 | - | ||||||
VAT | 201 | 1,109 | ||||||
6,201 | 1,109 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Directors current account | 4,002 | 385 | ||||||
Trade creditors | - | 1,014 | ||||||
Other creditors | - | 6,520 | ||||||
Accruals | 600 | - | ||||||
4,602 | 7,919 | |||||||
7. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 73,668 | 32,368 | ||||||
73,668 | 32,368 | |||||||
Hitchin 16 Limited | ||||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
2 | 2 | |||||||
2 | 2 | |||||||
9. REVALUATION RESERVE | 2023 | 2022 | ||||||
£ | £ | |||||||
Revaluation reserve | 86,149 | 86,149 | ||||||
86,149 | 86,149 | |||||||
10. CONTROLLING PARTY | ||||||||
The director maintains control over the company by virtue of holding 100% of the shareholdings in Ford Spare Parts. | ||||||||
11. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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