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REGISTERED NUMBER: 14579748 (England and Wales)















Unaudited Financial Statements

for the Period 9 January 2023 to 31 January 2024

for

HISCOX PROPERTY HOLDINGS LTD

HISCOX PROPERTY HOLDINGS LTD (REGISTERED NUMBER: 14579748)

Contents of the Financial Statements
for the Period 9 January 2023 to 31 January 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


HISCOX PROPERTY HOLDINGS LTD (REGISTERED NUMBER: 14579748)

Balance Sheet
31 January 2024

Notes £    £   
FIXED ASSETS
Investment property 4 246,518

CURRENT ASSETS
Debtors 5 8,578
Cash at bank 101
8,679
CREDITORS
Amounts falling due within one year 6 209,450
NET CURRENT LIABILITIES (200,771 )
TOTAL ASSETS LESS CURRENT LIABILITIES 45,747

PROVISIONS FOR LIABILITIES 13,075
NET ASSETS 32,672

CAPITAL AND RESERVES
Called up share capital 8 5
Revaluation reserve 68,815
Retained earnings (36,148 )
SHAREHOLDERS' FUNDS 32,672

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

HISCOX PROPERTY HOLDINGS LTD (REGISTERED NUMBER: 14579748)

Balance Sheet - continued
31 January 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 April 2024 and were signed by:





Mr S C Hiscox - Director


HISCOX PROPERTY HOLDINGS LTD (REGISTERED NUMBER: 14579748)

Notes to the Financial Statements
for the Period 9 January 2023 to 31 January 2024


1. STATUTORY INFORMATION

Hiscox Property Holdings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14579748

Registered office: 49 Five Locks Road
Cwmbran
NP44 1AP

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 period 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 period was 1 .

HISCOX PROPERTY HOLDINGS LTD (REGISTERED NUMBER: 14579748)

Notes to the Financial Statements - continued
for the Period 9 January 2023 to 31 January 2024


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 177,703
Revaluations 68,815
At 31 January 2024 246,518
NET BOOK VALUE
At 31 January 2024 246,518

The investment properties were valued by the director as at 31 January 2024, and the carrying value is considered a reliable estimate of the market value at that date.

There has been no valuation of investment property by an independent valuer.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Deferred tax asset 5,412
Prepayments 3,166
8,578

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other loans (see note 7) 170,665
Other creditors 37,645
Accruals and deferred income 1,140
209,450

7. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due within one year or on demand:
Other loans 170,665

The loans are secured by legal charges over the investment poperies to which they relate.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
5 Ordinary 1 5