Hillingdon Properties Limited 11777235 false 2022-01-01 2022-12-31 2022-12-31 The principal activity of the company is development of real estate Digita Accounts Production Advanced 6.30.9574.0 11777235 2022-01-01 2022-12-31 11777235 2022-12-31 11777235 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 11777235 bus:Micro-entities 2022-01-01 2022-12-31 11777235 bus:AuditExemptWithAccountantsReport 2022-01-01 2022-12-31 11777235 bus:FilletedAccounts 2022-01-01 2022-12-31 11777235 bus:SmallCompaniesRegimeForAccounts 2022-01-01 2022-12-31 11777235 bus:RegisteredOffice 2022-01-01 2022-12-31 11777235 bus:Director1 2022-01-01 2022-12-31 11777235 bus:Director5 2022-01-01 2022-12-31 11777235 bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 11777235 countries:EnglandWales 2022-01-01 2022-12-31 11777235 2021-01-01 2021-12-31 11777235 2021-12-31 11777235 core:CurrentFinancialInstruments core:WithinOneYear 2021-12-31 iso4217:GBP xbrli:pure

Registration number: 11777235

Hillingdon Properties Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2022

 

Hillingdon Properties Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

2

 

Hillingdon Properties Limited

Company Information

Directors

Mr H L Shah

Miss T M Shah

Registered office

76 Canterbury Road
Croydon
Surrey
CR0 3HA

 

Hillingdon Properties Limited

(Registration number: 11777235)
Balance Sheet as at 31 December 2022

Year Ended 31 December
2022
£

Year Ended 31 December
2021
£

Fixed assets

8,700,000

12,222,863

Current assets

11,286,680

12,993,662

Creditors: Amounts falling due within one year

(30,951,650)

(30,283,384)

Net current liabilities

(19,664,970)

(17,289,722)

Total assets less current liabilities

(10,964,970)

(5,066,859)

Accruals and deferred income

-

(1,000)

 

(10,964,970)

(5,067,859)

Capital and reserves

(10,964,970)

(5,067,859)

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
76 Canterbury Road
Croydon
Surrey
CR0 3HA
United Kingdom

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The financial statements are presented in Pound Sterling, which is the functional currency of the company.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2021 - 2).

3

Going concern

The directors of the company are in the process of realising the value of the assets it holds, through a formal wind-up of its subsidiary. The company’s subsidiary has provided the company’s creditors with security over an asset the subsidiary owns. The creditors of the company have been informed of the company’s position and are aware that the company’s assets will not repay all creditors in full. The creditors are broadly in agreement with the directors’ proposal of realising the value of the company’s assets and distributing the proceeds to the creditors, following which, the company will be formally wound-up.

For the financial year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

 

Hillingdon Properties Limited

(Registration number: 11777235)
Balance Sheet as at 31 December 2022

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 April 2024 and signed on its behalf by:
 

.........................................
Mr H L Shah
Director