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REGISTERED NUMBER: 00615955















Unaudited Financial Statements for the Year Ended 31 December 2023

for

H. & C. (Developments) Limited

H. & C. (Developments) Limited (Registered number: 00615955)

Contents of the Financial Statements
for the Year Ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


H. & C. (Developments) Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Malcolm James Hutchby
Robert John Hutchby
David Jonathan Hutchby
Susannah Jane Hutchby





SECRETARY:





REGISTERED OFFICE: Temple Chambers
16a Belvoir Road
COALVILLE
Leicestershire
LE67 3QE





REGISTERED NUMBER: 00615955





ACCOUNTANTS: Elverstone Large Ltd
Chartered Certified Accountants
Temple Chambers
16a Belvoir Road
Coalville
Leics
LE67 3QE

H. & C. (Developments) Limited (Registered number: 00615955)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 955,020 955,020

CURRENT ASSETS
Debtors 5 29,996 30,069

CREDITORS
Amounts falling due within one year 6 13,850 14,210
NET CURRENT ASSETS 16,146 15,859
TOTAL ASSETS LESS CURRENT
LIABILITIES

971,166

970,879

PROVISIONS FOR LIABILITIES 265,246 265,246
NET ASSETS 705,920 705,633

CAPITAL AND RESERVES
Called up share capital 200 200
Other reserves 678,948 678,948
Retained earnings 26,772 26,485
SHAREHOLDERS' FUNDS 705,920 705,633

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

H. & C. (Developments) Limited (Registered number: 00615955)

Balance Sheet - continued
31 December 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 Board of Directors and authorised for issue on 10 August 2024 and were signed on its behalf by:





Malcolm James Hutchby - Director


H. & C. (Developments) Limited (Registered number: 00615955)

Notes to the Financial Statements
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

H. & C. (Developments) Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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.

Freehold land and buildings
Freehold land and buildings are disclosed at valuations provided by estate agents and valuers.Depreciation is not provided on other fixed assets as the amount is not material.

Turnover
Turnover relates to rents received.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

H. & C. (Developments) Limited (Registered number: 00615955)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


4. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 955,000 150 955,150
DEPRECIATION
At 1 January 2023
and 31 December 2023 - 130 130
NET BOOK VALUE
At 31 December 2023 955,000 20 955,020
At 31 December 2022 955,000 20 955,020

93&95, Sugden Road, Worthing 200000
113/115,Broadwater Street East,Worthing 310000
117 Broadwater Street East,Worthing 155000
17/17A,Hertford Road,Worthing290000
£ 955000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 29,996 30,069

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 13,850 14,210

7. INVESTMENT REVALUATION RESERVE

The reserve relates to an increase on valuation of freehold properties £944194 less provision for deferred taxation relating thereto £265246.

8. COST OF FREEHOLD PROPERTY

Cost of freehold property comprises original cost £10806 and revaluation of property £944194.