The HDOne Kirklees Limited 10784087 false 2022-06-01 2023-05-31 2023-05-31 The principal activity of the company is that of the development of land at Stadium Way, Huddersfield. Digita Accounts Production Advanced 6.30.9574.0 true 10784087 2022-06-01 2023-05-31 10784087 2023-05-31 10784087 core:RetainedEarningsAccumulatedLosses 2023-05-31 10784087 core:ShareCapital 2023-05-31 10784087 core:CurrentFinancialInstruments 2023-05-31 10784087 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 10784087 core:OtherPropertyPlantEquipment 2023-05-31 10784087 bus:SmallEntities 2022-06-01 2023-05-31 10784087 bus:Audited 2022-06-01 2023-05-31 10784087 bus:FullAccounts 2022-06-01 2023-05-31 10784087 bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-05-31 10784087 bus:RegisteredOffice 2022-06-01 2023-05-31 10784087 bus:Director1 2022-06-01 2023-05-31 10784087 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 10784087 countries:England 2022-06-01 2023-05-31 10784087 2022-05-31 10784087 core:OtherPropertyPlantEquipment 2022-05-31 10784087 2021-06-01 2022-05-31 10784087 2022-05-31 10784087 core:RetainedEarningsAccumulatedLosses 2022-05-31 10784087 core:ShareCapital 2022-05-31 10784087 core:CurrentFinancialInstruments 2022-05-31 10784087 core:CurrentFinancialInstruments core:WithinOneYear 2022-05-31 10784087 core:OtherPropertyPlantEquipment 2022-05-31 iso4217:GBP xbrli:pure

Registration number: 10784087

The HDOne Kirklees Limited

Annual Report and Financial Statements

for the Year Ended 31 May 2023

 

The HDOne Kirklees Limited

Contents

Balance Sheet

1

Notes to the Financial Statements

2 to 4

 

The HDOne Kirklees Limited

Balance Sheet

as at 31 May 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

2,339,357

2,339,357

Current assets

 

Debtors

5

5,778

4,903

Creditors: Amounts falling due within one year

6

(2,362,368)

(2,358,868)

Net current liabilities

 

(2,356,590)

(2,353,965)

Net liabilities

 

(17,233)

(14,608)

Capital and reserves

 

Allotted, called up and fully paid share capital

100

100

Profit and loss account

(17,333)

(14,708)

Shareholders' funds

 

(17,233)

(14,608)

Registration number: 10784087

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 14 February 2024 and signed on its behalf by:
 

.........................................
Mr J Booth
Director

 

The HDOne Kirklees Limited

Notes to the Financial Statements

for the Year Ended 31 May 2023

1

General information

The company is a private company limited by shares incorporated in England within the United Kingdom.

The company's registration number is 10784087.

The address of its registered office is:
Marshall House
Huddersfield Road
Elland
West Yorkshire
HX5 9BW

The principal place of business is:
Marshall House
Huddersfield Road
Elland
West Yorkshire
HX5 9BW

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 14 February 2024 was Samuel Mitchell FCA, who signed for and on behalf of Lambert Roper & Horsfield Limited.

 

The HDOne Kirklees Limited

Notes to the Financial Statements

for the Year Ended 31 May 2023 (continued)

2

Accounting policies (continued)

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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.

Tangible assets

The investment property has been included as a tangible asset at cost in accordance with FRS 102 as it is not possible to determine an accurate valuation at this time.

No depreciation has been charged as the asset is currently in the early stages of planning and development.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year was 0 (2022 - 0).

4

Tangible assets

Investment property
 £

Total
£

Cost

At 1 June 2022

2,339,357

2,339,357

At 31 May 2023

2,339,357

2,339,357

Depreciation

Net book value

At 31 May 2023

2,339,357

2,339,357

At 31 May 2022

2,339,357

2,339,357

 

The HDOne Kirklees Limited

Notes to the Financial Statements

for the Year Ended 31 May 2023 (continued)

5

Debtors

2023
£

2022
£

Deferred tax assets

5,778

4,903

 

5,778

4,903

6

Creditors

2023
£

2022
£

Due within one year

Trade creditors

30,303

30,303

Amounts owed to related parties

2,328,405

2,324,980

Accruals

3,660

3,585

2,362,368

2,358,868

7

Related party transactions

Included within creditors is £1,828,455 (2022: £1,825,030) which is a loan from a connected company holding 50% of the issued share capital in The HDOne Kirklees Limited and subsequently having significant control over the company. This loan is interest free and repayable on demand.

Included within creditors is £499,950 (2022: £499,950) which is an amount due to a connected company holding 50% of the issued share capital in The HDOne Kirklees Limited and subsequently having significant control over the company. The amount due is interest free and repayable on demand.