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REGISTERED NUMBER: 05857128 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

HALL CONTRACTS (2006) LIMITED

HALL CONTRACTS (2006) LIMITED (REGISTERED NUMBER: 05857128)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HALL CONTRACTS (2006) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: J Hall





SECRETARY: Mrs N F Hall





REGISTERED OFFICE: 27-29 Old Market
Wisbech
Cambridgeshire
PE13 1NE





REGISTERED NUMBER: 05857128 (England and Wales)





ACCOUNTANTS: Wheelers
Chartered Accountants & Tax Consultants
27-29 Old Market
Wisbech
Cambridgeshire
PE13 1NE

HALL CONTRACTS (2006) LIMITED (REGISTERED NUMBER: 05857128)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 973,999 625,000

CURRENT ASSETS
Debtors 5 - 20,521

CREDITORS
Amounts falling due within one year 6 721,215 1,652
NET CURRENT (LIABILITIES)/ASSETS (721,215 ) 18,869
TOTAL ASSETS LESS CURRENT
LIABILITIES

252,784

643,869

CREDITORS
Amounts falling due after more than one year 7 (135,163 ) (135,163 )

PROVISIONS FOR LIABILITIES (117,589 ) (89,368 )
NET ASSETS 32 419,338

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 9 - 391,502
Retained earnings 31 27,835
SHAREHOLDERS' FUNDS 32 419,338

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

HALL CONTRACTS (2006) LIMITED (REGISTERED NUMBER: 05857128)

BALANCE SHEET - continued
30 NOVEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 August 2024 and were signed by:





J Hall - Director


HALL CONTRACTS (2006) LIMITED (REGISTERED NUMBER: 05857128)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Hall Contracts (2006) 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.

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 as modified by the revaluation of certain assets.

At the balance sheet date the company had a working capital deficit of £721,215 by virtue of its current liabilities exceeding its current assets. The director is confident that the going concern basis for the preparation of the financial statements is appropriate, and this view is supported by the continuing support of the company bankers and creditors.

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 the income statement.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 1 (2022 - 1 ) .

HALL CONTRACTS (2006) LIMITED (REGISTERED NUMBER: 05857128)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022 625,000
Additions 348,999
At 30 November 2023 973,999
NET BOOK VALUE
At 30 November 2023 973,999
At 30 November 2022 625,000

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2023 973,999

If investment property had not been revalued it would have been included at the following historical cost:

30.11.23 30.11.22
£    £   
Cost 493,129 144,130

Investment property was valued on an open market basis on 30 November 2023 by the Director .

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Amounts owed by group undertakings - 20,521

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 720 -
Amounts owed to group undertakings 718,687 -
Taxation and social security 1,088 1,052
Other creditors 720 600
721,215 1,652

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Amounts owed to group undertakings 135,163 135,163

HALL CONTRACTS (2006) LIMITED (REGISTERED NUMBER: 05857128)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Owed to group undertakings 135,163 135,163

9. RESERVES
Revaluation
reserve
£   
At 1 December 2022 391,502
Bonus issue (391,502 )

At 30 November 2023 -

10. RELATED PARTY DISCLOSURES

During the year the company had the following transactions with Hall Contracts (Lakenheath) Limited, the parent company and Hall Contracts Limited, a fellow subsidiary:

30.11.23 30.11.22
£ £

Rent received from Hall Contracts Limited 6,000 6,000

Expenses paid and recharged by Hall Contracts (Lakenheath) Limited to Hall
Contracts (2006) Limited

1,209

1,454

Build contract costs from Hall Contracts Limited 348,999 -

Amount owed to Hall Contracts (Lakenheath) Limited at 30 November 2023 853,850 114,641

11. ULTIMATE CONTROLLING PARTY

The controlling party is Hall Contracts (Lakenheath) Limited.

The registered office is:
27-29 Old Market
Wisbech
Cambridgeshire
PE15 1NE

The principal place of business is:
Station Road
Lakenheath
Brandon
Suffolk
IP27 9AD