Company Registration No. 07970507 (England and Wales)
Hml Commercial Property Ltd
Unaudited accounts
for the year ended 31 March 2024
Hml Commercial Property Ltd
Unaudited accounts
Contents
Hml Commercial Property Ltd
Company Information
for the year ended 31 March 2024
Director
Stuart David Rogan
Company Number
07970507 (England and Wales)
Registered Office
UNIT 3D OFFICES
BOLTON AVENUE HUNCOAT
ACCRINGTON
LANCASHIRE
BB5 6NJ
Hml Commercial Property Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
566,771
444,808
Cash at bank and in hand
562
685
Creditors: amounts falling due within one year
(569,907)
(447,501)
Net current liabilities
(557,260)
(443,316)
Called up share capital
1
1
Profit and loss account
9,510
1,491
Shareholders' funds
9,511
1,492
For the year ending 31 March 2024 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 director acknowledges his 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 and authorised for issue on 20 August 2024 and were signed on its behalf by
Stuart David Rogan
Director
Company Registration No. 07970507
Hml Commercial Property Ltd
Notes to the Accounts
for the year ended 31 March 2024
Hml Commercial Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 07970507. The registered office is UNIT 3D OFFICES, BOLTON AVENUE HUNCOAT, ACCRINGTON, LANCASHIRE, BB5 6NJ.
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.
Land is considered to have an unlimited useful life and therefore it has bot been dpreciated.
Investment property is included at market fair value. Gains are recognised in the income statement. Investment property in the course of development is included at cost.
Deferred taxation has not been provided for as there is no intention to sell the assets.
4
Tangible fixed assets
Land & buildings
Hml Commercial Property Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Other debtors
12,085
3,500
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
304,479
192,479
Taxes and social security
3,756
-
Loans from directors
260,697
254,047
7
Transactions with related parties
At the year end, the company owed £89,700 (2023 - £700) to HML Investment Holdings Ltd, a company under the significant control of Mr Stuart Rogan.
At the year end, the company owed £102,779 (2023 - £437,779) to HML Recycling Ltd, a subsidiary of HML Investment Holdings Ltd and a company under the significant control of Mr Stuart Rogan.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).