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REGISTERED NUMBER: 10291491 (England and Wales)















Financial Statements for the Year Ended 31 July 2023

for

HS Property Investment (Manchester)
Limited

HS Property Investment (Manchester)
Limited (Registered number: 10291491)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


HS Property Investment (Manchester)
Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: H M Shah
S K Shah





REGISTERED OFFICE: 99 Chanctonbury Way
Woodside Park
London
N12 7AA





REGISTERED NUMBER: 10291491 (England and Wales)

HS Property Investment (Manchester)
Limited (Registered number: 10291491)

Abridged Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 154,962 154,361

CURRENT ASSETS
Debtors 1,002 -
Cash at bank 1,414 967
2,416 967
CREDITORS
Amounts falling due within one year 80,671 80,863
NET CURRENT LIABILITIES (78,255 ) (79,896 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,707

74,465

CREDITORS
Amounts falling due after more than one
year

63,181

62,238
NET ASSETS 13,526 12,227

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 13,524 12,225
SHAREHOLDERS' FUNDS 13,526 12,227

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

HS Property Investment (Manchester)
Limited (Registered number: 10291491)

Abridged Balance Sheet - continued
31 July 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 February 2024 and were signed on its behalf by:




H M Shah - Director



S K Shah - Director


HS Property Investment (Manchester)
Limited (Registered number: 10291491)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

HS Property Investment (Manchester) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022 154,361
Additions 601
At 31 July 2023 154,962
NET BOOK VALUE
At 31 July 2023 154,962
At 31 July 2022 154,361

HS Property Investment (Manchester)
Limited (Registered number: 10291491)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

5. SECURED DEBTS

The following secured debts are included within creditors:

31.7.23 31.7.22
£    £   
Bank loans 63,181 62,238

The bank loan is secured by a fixed charge over land and building of the company and is also guaranteed by the directors.