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REGISTERED NUMBER: 12728908 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

HTP Property Ltd

HTP Property Ltd (Registered number: 12728908)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HTP Property Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTORS: T J Parker
Miss H D Smith





REGISTERED OFFICE: Castle Farm Barn North
Denmead Road
Southwick
Fareham
Hampshire
PO17 6EX





REGISTERED NUMBER: 12728908 (England and Wales)





ACCOUNTANTS: KT Accountants Limited
Castle Farm Barn North
Denmead Road
Southwick
Hampshire
PO17 6EX

HTP Property Ltd (Registered number: 12728908)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 117,062 117,062

CURRENT ASSETS
Cash at bank 3,400 1,939

CREDITORS
Amounts falling due within one year 5 35,115 34,095
NET CURRENT LIABILITIES (31,715 ) (32,156 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

85,347

84,906

CREDITORS
Amounts falling due after more than
one year

6

87,812

87,812
NET LIABILITIES (2,465 ) (2,906 )

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings (2,467 ) (2,908 )
SHAREHOLDERS' FUNDS (2,465 ) (2,906 )

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.

HTP Property Ltd (Registered number: 12728908)

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.

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 10 April 2024 and were signed on its behalf by:




T J Parker - Director



Miss H D Smith - Director


HTP Property Ltd (Registered number: 12728908)

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

1. STATUTORY INFORMATION

HTP Property Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 NIL (2022 - NIL).

HTP Property Ltd (Registered number: 12728908)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022
and 31 July 2023 117,062
NET BOOK VALUE
At 31 July 2023 117,062
At 31 July 2022 117,062

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Taxation and social security - 57
Other creditors 35,115 34,038
35,115 34,095

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans 87,812 87,812

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 87,812 87,812

7. SECURED DEBTS

The following secured debts are included within creditors:

31.7.23 31.7.22
£    £   
Bank loans 87,812 87,812

The loan detailed above is secured over the investment property held.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
2 Ordinary £1 2 2

HTP Property Ltd (Registered number: 12728908)

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

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2023 and 31 July 2022:

31.7.23 31.7.22
£    £   
T J Parker and Miss H D Smith
Balance outstanding at start of year (31,226 ) (30,698 )
Amounts repaid (867 ) (528 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (32,093 ) (31,226 )

Included within other creditors is an amount due to the Directors as above. This loan is undated, unsecured, interest free and repayable on demand.