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Company Registration No. 05665778 (England and Wales)
HS Estates Ltd Unaudited accounts for the period from 1 April 2022 to 31 July 2023
HS Estates Ltd Unaudited accounts Contents
Page
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HS Estates Ltd Company Information for the period from 1 April 2022 to 31 July 2023
Director
Mr William John Sharp
Secretary
John Ewart Sharp
Company Number
05665778 (England and Wales)
Registered Office
15 Orchard Lane, GREAT GLEN Great Glen Leicestershire LE8 9GJ
Accountants
Heartwood Accountants Limited 103 High Street Waltham Cross Herts EN87AN
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of HS Estates Ltd for the period from 1 April 2022 to 31 July 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of HS Estates Ltd for the period from 1 April 2022 to 31 July 2023 as set out on pages 5 - 7 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 at icaew.com/membershandbook.
This report is made solely to the Board of Directors of HS Estates Ltd, as a body, in accordance with the terms of our engagement letter dated 9 August 2018. Our work has been undertaken solely to prepare for your approval the accounts of HS Estates Ltd and state those matters that we have agreed to state to the Board of Directors of HS Estates Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than HS Estates Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that HS Estates Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of HS Estates Ltd. You consider that HS Estates Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of HS Estates Ltd. 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 accounts.
Heartwood Accountants Limited Chartered Accountants 103 High Street Waltham Cross Herts EN87AN 8 April 2024
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HS Estates Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
1,835,000 
1,830,009 
Current assets
Debtors
279,277 
260,675 
Cash at bank and in hand
104,433 
92,706 
383,710 
353,381 
Creditors: amounts falling due within one year
(199,779)
(148,364)
Net current assets
183,931 
205,017 
Total assets less current liabilities
2,018,931 
2,035,026 
Creditors: amounts falling due after more than one year
(1,284,646)
(1,316,057)
Net assets
734,285 
718,969 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
665,495 
665,495 
Profit and loss account
68,690 
53,374 
Shareholders' funds
734,285 
718,969 
For the period ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 April 2024 and were signed on its behalf by
Mr William John Sharp Director Company Registration No. 05665778
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HS Estates Ltd Notes to the Accounts for the period from 1 April 2022 to 31 July 2023
1
Statutory information
HS Estates Ltd is a private company, limited by shares, registered in England and Wales, registration number 05665778. The registered office is 15 Orchard Lane, GREAT GLEN, Great Glen, Leicestershire, LE8 9GJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2023 
£ 
Fair value at 1 April 2022
1,830,009 
Additions
4,991 
At 31 July 2023
1,835,000 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
70,000 
74,500 
Other debtors
209,277 
186,175 
279,277 
260,675 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
44,779 
44,779 
Taxes and social security
- 
6,485 
Other creditors
- 
2,100 
Accruals
155,000 
95,000 
199,779 
148,364 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
1,284,646 
1,316,057 
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HS Estates Ltd Notes to the Accounts for the period from 1 April 2022 to 31 July 2023
8
Average number of employees
During the period the average number of employees was 1 (2022: 1).
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