IRIS Accounts Production v24.2.0.383 07253325 director 1.4.23 31.3.24 31.3.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072533252023-03-31072533252024-03-31072533252023-04-012024-03-31072533252022-03-31072533252022-04-012023-03-31072533252023-03-3107253325ns15:EnglandWales2023-04-012024-03-3107253325ns14:PoundSterling2023-04-012024-03-3107253325ns10:Director12023-04-012024-03-3107253325ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107253325ns10:SmallEntities2023-04-012024-03-3107253325ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3107253325ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107253325ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107253325ns10:FullAccounts2023-04-012024-03-3107253325ns5:CurrentFinancialInstruments2024-03-3107253325ns5:CurrentFinancialInstruments2023-03-3107253325ns5:ShareCapital2024-03-3107253325ns5:ShareCapital2023-03-3107253325ns5:RevaluationReserve2024-03-3107253325ns5:RevaluationReserve2023-03-3107253325ns5:RetainedEarningsAccumulatedLosses2024-03-3107253325ns5:RetainedEarningsAccumulatedLosses2023-03-3107253325ns10:RegisteredOffice2023-04-012024-03-3107253325ns5:PlantMachinery2023-04-012024-03-3107253325ns5:PlantMachinery2024-03-3107253325ns5:CostValuation2023-03-3107253325ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3107253325ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3107253325ns5:RevaluationReserve2023-03-31
REGISTERED NUMBER: 07253325 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

HILLDENE HOLDINGS LIMITED

HILLDENE HOLDINGS LIMITED (REGISTERED NUMBER: 07253325)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


HILLDENE HOLDINGS LIMITED (REGISTERED NUMBER: 07253325)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 430 -
Investments 5 1 1
Investment property 6 5,240,000 6,698,752
5,240,431 6,698,753

CURRENT ASSETS
Debtors 7 55,467 33,153
Cash at bank 2,905,988 1,437,370
2,961,455 1,470,523
CREDITORS
Amounts falling due within one year 8 2,999,013 3,123,673
NET CURRENT LIABILITIES (37,558 ) (1,653,150 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,202,873

5,045,603

PROVISIONS FOR LIABILITIES 348,005 468,668
NET ASSETS 4,854,868 4,576,935

CAPITAL AND RESERVES
Called up share capital 1 1
Other reserves 9 1,357,736 1,758,886
Retained earnings 3,497,131 2,818,048
4,854,868 4,576,935

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

HILLDENE HOLDINGS LIMITED (REGISTERED NUMBER: 07253325)

BALANCE SHEET - continued
31 MARCH 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 6 August 2024 and were signed by:





B Barnes - Director


HILLDENE HOLDINGS LIMITED (REGISTERED NUMBER: 07253325)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Hilldene Holdings Limited 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: 07253325

Registered office: Heathcliffe
Potterton Lane
Potterton
Leeds
West Yorkshire
LS15 4NR

The presentation currency of the financial statements is the Pound Sterling, which is the functional currency of the company, rounded to the nearest £1.

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 represents rents receivable and other charges receivable from tenants net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses.

Investments in subsidiaries
Investment in subsidiary undertakings are recognised at cost.

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 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.


HILLDENE HOLDINGS LIMITED (REGISTERED NUMBER: 07253325)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued
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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
Additions 437
At 31 March 2024 437
DEPRECIATION
Charge for year 7
At 31 March 2024 7
NET BOOK VALUE
At 31 March 2024 430

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 1
NET BOOK VALUE
At 31 March 2024 1
At 31 March 2023 1

HILLDENE HOLDINGS LIMITED (REGISTERED NUMBER: 07253325)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 6,698,752
Disposals (1,316,031 )
Revaluations (142,721 )
At 31 March 2024 5,240,000
NET BOOK VALUE
At 31 March 2024 5,240,000
At 31 March 2023 6,698,752

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2021 1,848,354
Valuation in 2024 (142,721 )
Cost 3,534,367
5,240,000

The director confirms that the properties are included at market value having considered the market and similar properties.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 26,276 14,246
Other debtors 2,502 1,487
Prepayments and accrued income 26,689 17,420
55,467 33,153

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 9,986 5,857
Amounts owed to group undertakings 1,499,208 1,499,208
Social security and other taxes 218,091 98,674
Other creditors 59,218 31,818
Directors' current accounts 1,134,791 1,399,726
Accruals and deferred income 77,719 88,390
2,999,013 3,123,673

HILLDENE HOLDINGS LIMITED (REGISTERED NUMBER: 07253325)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

9. RESERVES
Other
reserves
£   
At 1 April 2023 1,758,886
Reserve transfer (401,150 )

At 31 March 2024 1,357,736