Company Registration No. 09871300 (England and Wales)
R & K Hickling Properties Limited
Unaudited accounts
for the year ended 30 November 2023
R & K Hickling Properties Limited
Unaudited accounts
Contents
R & K Hickling Properties Limited
Company Information
for the year ended 30 November 2023
Directors
Mr P Hickling
Mr R S Hickling
Company Number
09871300 (England and Wales)
Registered Office
The Homestead
Hopperton
Knaresborough
HG5 8NX
England
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
R & K Hickling Properties Limited
Statement of financial position
as at 30 November 2023
Tangible assets
467,440
342,541
Cash at bank and in hand
3,284
5,907
Creditors: amounts falling due within one year
(70,603)
(35,014)
Net current liabilities
(67,319)
(29,107)
Total assets less current liabilities
400,121
313,434
Creditors: amounts falling due after more than one year
(403,546)
(310,821)
Net (liabilities)/assets
(3,425)
2,613
Called up share capital
2
2
Profit and loss account
(3,427)
2,611
Shareholders' funds
(3,425)
2,613
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2024 and were signed on its behalf by
Mr R S Hickling
Director
Company Registration No. 09871300
R & K Hickling Properties Limited
Notes to the Accounts
for the year ended 30 November 2023
R & K Hickling Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 09871300. The registered office is The Homestead, Hopperton, Knaresborough, HG5 8NX, England .
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% cost
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
R & K Hickling Properties Limited
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
342,541
899
343,440
Additions
124,899
-
124,899
At 30 November 2023
467,440
899
468,339
At 1 December 2022
-
899
899
At 30 November 2023
-
899
899
At 30 November 2023
467,440
-
467,440
At 30 November 2022
342,541
-
342,541
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
494
Loans from directors
70,423
34,340
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
403,546
310,821
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).