13 April 2023 v2024.12.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwaretruetruetruetrueNo description of principal activityfalsexbrli:purexbrli:sharesiso4217:GBP147981892023-04-132023-08-31147981892023-08-3114798189core:ShareCapital2023-08-3114798189bus:Director12023-04-132023-08-3114798189bus:RegisteredOffice2023-04-132023-08-311479818912023-04-132023-08-3114798189countries:EnglandWales2023-04-132023-08-3114798189bus:AuditExemptWithAccountantsReport2023-04-132023-08-3114798189bus:PrivateLimitedCompanyLtd2023-04-132023-08-3114798189bus:SmallEntities2023-04-132023-08-3114798189bus:FullAccounts2023-04-132023-08-31
Company registration number:
14798189
Hassy Properties Limited
Unaudited Filleted Financial Statements for the period ended
31 August 2023
Hassy Properties Limited
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of Hassy Properties Limited
Period ended
31 August 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements
of
Hassy Properties Limited
for the period ended
31 August 2023
which comprise the statement of financial position, statement of changes in equity and 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 at icaew.com/​regulations.
This report is made solely to the Board of Directors of
Hassy Properties Limited
, as a body. Our work has been undertaken solely to prepare for your approval the
financial statements
of
Hassy Properties Limited
and state those matters that we have agreed to state to the Board of Directors of
Hassy Properties Limited
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
Hassy Properties Limited
and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that
Hassy Properties 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 profit of
Hassy Properties Limited
. You consider that
Hassy Properties Limited
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 financial statements of Hassy Properties 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.
A&C Chartered Accountants
Marsland Chambers
1a Marsland Road
Sale
Cheshire
M33 3HP
United Kingdom
Hassy Properties Limited
Statement of Financial Position
31 August 2023
31 Aug 2023
Note£
Current assets  
Debtors 5
1
 
Net current assets
1
 
Total assets less current liabilities 1  
Capital and reserves  
Called up share capital
1
 
Profit and loss account -  
Shareholders funds
1
 
The company did not trade during the current period and has not made either a profit or a loss.
For the period ending
31 August 2023
, the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
These
financial statements
were approved by the board of directors and authorised for issue on
12 April 2024
, and are signed on behalf of the board by:
H Tahir
Director
Company registration number:
14798189
Hassy Properties Limited
Notes to the Financial Statements
Period ended
31 August 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
45 Welbury Road
,
Manchester
,
M23 0JP
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Income Statement

The company is dormant as defined in section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current period and therefore no income statement is presented within these financial statements.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4 Average number of employees

The average number of persons employed by the company during the period was Nil.

5 Debtors

31 Aug 2023
£
Other debtors
1