Silverfin false 31/03/2023 01/04/2022 31/03/2023 J S Ellis 20/07/2015 D M Kyte 20/07/2015 08 March 2024 The principal activity of the Company during the financial year was that of development of property for sale. 09692696 2023-03-31 09692696 bus:Director1 2023-03-31 09692696 bus:Director2 2023-03-31 09692696 core:CurrentFinancialInstruments 2023-03-31 09692696 core:CurrentFinancialInstruments 2022-03-31 09692696 2022-03-31 09692696 core:ShareCapital 2023-03-31 09692696 core:ShareCapital 2022-03-31 09692696 core:RetainedEarningsAccumulatedLosses 2023-03-31 09692696 core:RetainedEarningsAccumulatedLosses 2022-03-31 09692696 core:CurrentFinancialInstruments 10 2023-03-31 09692696 core:CurrentFinancialInstruments 10 2022-03-31 09692696 bus:OrdinaryShareClass1 2023-03-31 09692696 2022-04-01 2023-03-31 09692696 bus:FullAccounts 2022-04-01 2023-03-31 09692696 bus:SmallEntities 2022-04-01 2023-03-31 09692696 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 09692696 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 09692696 bus:Director1 2022-04-01 2023-03-31 09692696 bus:Director2 2022-04-01 2023-03-31 09692696 2021-04-01 2022-03-31 09692696 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 09692696 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09692696 (England and Wales)

HCD CURTAIN ROAD LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

HCD CURTAIN ROAD LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

HCD CURTAIN ROAD LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 March 2023
HCD CURTAIN ROAD LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2023
2023 2022
£ £
Current assets
Debtors 3 15,874 15,874
15,874 15,874
Creditors: amounts falling due within one year 4 ( 27,547) ( 11,575)
Net current (liabilities)/assets (11,673) 4,299
Total assets less current liabilities (11,673) 4,299
Net (liabilities)/assets ( 11,673) 4,299
Capital and reserves
Called-up share capital 5 10 10
Profit and loss account ( 11,683 ) 4,289
Total shareholder's (deficit)/funds ( 11,673) 4,299

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of HCD Curtain Road Limited (registered number: 09692696) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

D M Kyte
Director
J S Ellis
Director

08 March 2024

HCD CURTAIN ROAD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
HCD CURTAIN ROAD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

HCD Curtain Road Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 35 Ballards Lane, London, N3 1XW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

The principal activity of the company is the development of property for sale.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Financial instruments

The Company only enters into basic financial instruments 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.

Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Statement of Income and Retained Earnings.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally 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.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Debtors

2023 2022
£ £
Other taxation and social security 12,764 12,764
Other debtors 3,110 3,110
15,874 15,874

4. Creditors: amounts falling due within one year

2023 2022
£ £
Amounts owed to Group undertakings 23,477 8,227
Accruals 4,070 3,348
27,547 11,575

5. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
10 Ordinary shares of £ 1.00 each 10 10

6. Ultimate controlling party

Parent Company:

Hamilton Court Developments Limited
Registered office: 35 Ballards Lane, London, N3 1XW
Principal place of business: 103 Wigmore Street, London, W1U 1QW