Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-300truetrue2022-06-06The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activity0 14151270 2022-06-05 14151270 2022-06-06 2023-06-30 14151270 2021-07-01 2022-06-05 14151270 2023-06-30 14151270 c:Director1 2022-06-06 2023-06-30 14151270 c:Director2 2022-06-06 2023-06-30 14151270 d:Buildings 2022-06-06 2023-06-30 14151270 d:Buildings 2023-06-30 14151270 d:LandBuildings 2023-06-30 14151270 d:CurrentFinancialInstruments 2023-06-30 14151270 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 14151270 d:ShareCapital 2023-06-30 14151270 d:RetainedEarningsAccumulatedLosses 2023-06-30 14151270 c:FRS102 2022-06-06 2023-06-30 14151270 c:AuditExempt-NoAccountantsReport 2022-06-06 2023-06-30 14151270 c:FullAccounts 2022-06-06 2023-06-30 14151270 c:PrivateLimitedCompanyLtd 2022-06-06 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 14151270










HILLOCKS ESTATES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2023

 
HILLOCKS ESTATES LIMITED
REGISTERED NUMBER: 14151270

BALANCE SHEET
AS AT 30 JUNE 2023

2023
Note
£

Fixed assets
  

Tangible assets
  
150,627

  
150,627

  

Creditors: amounts falling due within one year
  
(152,507)

Net current (liabilities)/assets
  
 
 
(152,507)

Total assets less current liabilities
  
(1,880)

  

Net (liabilities)/assets
  
(1,880)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(1,980)

  
(1,880)



 
HILLOCKS ESTATES LIMITED
REGISTERED NUMBER: 14151270
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Henrietta Rose Prosser
................................................
Anthea Clare Woodus
Director
Director


Date: 6 March 2024
Date:6 March 2024

The notes on  form part of these financial statements.


 
HILLOCKS ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

1.


General information

Hillocks Estates Limited, 14151270, is a private limited company, limited by shares, incorporated in England and Wales. Its registered office and principal place of business is Belmont House, Shrewsbury Business Park, Shrewsbury, Shropshire, United Kingdom, SY2 6LG. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
not depreciated

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.3

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is

 
HILLOCKS ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

2.Accounting policies (continued)


2.4
Financial instruments (continued)

measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Investments in non-derivative instruments that are equity to the issuer are measured:
at fair value with changes recognised in the Profit and loss account if the shares are publicly traded or their fair value can otherwise be measured reliably;
at cost less impairment for all other investments.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and loss account.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or income as appropriate. The company does not currently apply hedge accounting for interest rate and foreign exchange derivatives.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration.

The average monthly number of employees, including directors, during the period was 0.


 
HILLOCKS ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

4.


Tangible fixed assets





Freehold property

£



Cost or valuation


Additions
150,627



At 30 June 2023

150,627






Net book value



At 30 June 2023
150,627




The net book value of land and buildings may be further analysed as follows:


2023
£

Freehold
150,627

150,627



5.


Creditors: Amounts falling due within one year

2023
£

Other creditors
150,527

Accruals and deferred income
1,980

152,507