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REGISTERED NUMBER: 10077001 (England and Wales)
















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

HALT ESTATES LIMITED

HALT ESTATES LIMITED (REGISTERED NUMBER: 10077001)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HALT ESTATES LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2024







DIRECTORS: P P Flaherty
Mrs M Flaherty





REGISTERED OFFICE: Leonard House
5 - 7 Newman Road
Bromley
Kent
BR1 1RJ





REGISTERED NUMBER: 10077001 (England and Wales)





ACCOUNTANTS: Crane & Partners
Chartered Accountants
Leonard House
5 - 7 Newman Road
Bromley
Kent
BR1 1RJ

HALT ESTATES LIMITED (REGISTERED NUMBER: 10077001)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 120 240
Investment property 5 5,200,000 4,938,000
5,200,120 4,938,240

CURRENT ASSETS
Debtors 6 7,309 7,309
Cash at bank 69,043 57,837
76,352 65,146
CREDITORS
Amounts falling due within one year 7 2,063,571 2,161,436
NET CURRENT LIABILITIES (1,987,219 ) (2,096,290 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,212,901

2,841,950

PROVISIONS FOR LIABILITIES 159,100 93,600
NET ASSETS 3,053,801 2,748,350

CAPITAL AND RESERVES
Called up share capital 2,400,100 2,400,100
Retained earnings 653,701 348,250
SHAREHOLDERS' FUNDS 3,053,801 2,748,350

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 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.

HALT ESTATES LIMITED (REGISTERED NUMBER: 10077001)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2024 and were signed on its behalf by:





P P Flaherty - Director


HALT ESTATES LIMITED (REGISTERED NUMBER: 10077001)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2024


1. STATUTORY INFORMATION

Halt Estates 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.

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 rental income receivable.

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 etc - 20% on 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 600
DEPRECIATION
At 1 April 2023 360
Charge for year 120
At 31 March 2024 480
NET BOOK VALUE
At 31 March 2024 120
At 31 March 2023 240

HALT ESTATES LIMITED (REGISTERED NUMBER: 10077001)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2024


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 4,938,000
Revaluations 262,000
At 31 March 2024 5,200,000
NET BOOK VALUE
At 31 March 2024 5,200,000
At 31 March 2023 4,938,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 5,200,000

If the properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 4,563,411 4,563,411

The properties were valued on an open market basis on 31 March 2024 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 7,309 7,309

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 26,976 -
Other creditors 2,036,595 2,161,436
2,063,571 2,161,436

Included in other creditors is a directors loan account of £2,034,483 (2023: £2,159,503).