Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-3002022-12-01falseProperty lettings0falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13008169 2022-12-01 2023-11-30 13008169 2021-12-01 2022-11-30 13008169 2023-11-30 13008169 2022-11-30 13008169 c:Director1 2022-12-01 2023-11-30 13008169 d:Buildings 2022-12-01 2023-11-30 13008169 d:Buildings 2023-11-30 13008169 d:Buildings 2022-11-30 13008169 d:Buildings d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 13008169 d:FurnitureFittings 2022-12-01 2023-11-30 13008169 d:FurnitureFittings 2023-11-30 13008169 d:FurnitureFittings 2022-11-30 13008169 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 13008169 d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 13008169 d:CurrentFinancialInstruments 2023-11-30 13008169 d:CurrentFinancialInstruments 2022-11-30 13008169 d:Non-currentFinancialInstruments 2023-11-30 13008169 d:Non-currentFinancialInstruments 2022-11-30 13008169 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 13008169 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 13008169 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 13008169 d:Non-currentFinancialInstruments d:AfterOneYear 2022-11-30 13008169 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-11-30 13008169 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-11-30 13008169 d:ShareCapital 2023-11-30 13008169 d:ShareCapital 2022-11-30 13008169 d:RetainedEarningsAccumulatedLosses 2023-11-30 13008169 d:RetainedEarningsAccumulatedLosses 2022-11-30 13008169 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-11-30 13008169 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-11-30 13008169 c:FRS102 2022-12-01 2023-11-30 13008169 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 13008169 c:FullAccounts 2022-12-01 2023-11-30 13008169 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 13008169









FITZ-HENRY HILL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
FITZ-HENRY HILL LIMITED
REGISTERED NUMBER: 13008169

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
160,762
160,954

  
160,762
160,954

Current assets
  

Cash at bank and in hand
 5 
5,777
3,389

  
5,777
3,389

Creditors: amounts falling due within one year
 6 
(67,933)
(66,872)

Net current liabilities
  
 
 
(62,156)
 
 
(63,483)

Total assets less current liabilities
  
98,606
97,471

Creditors: amounts falling due after more than one year
 7 
(103,539)
(100,882)

  

Net liabilities
  
(4,933)
(3,411)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(5,033)
(3,511)

  
(4,933)
(3,411)

Page 1

 
FITZ-HENRY HILL LIMITED
REGISTERED NUMBER: 13008169
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 August 2024.




................................................
Gemma Fitz-Henry
Director

The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
FITZ-HENRY HILL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

The Company is a private company limited by share capital, incorporated in England and Wales. The principal activity of the Company throughout the year was that of residential lettings. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The accounts have been prepared on a going concern basis. This assumes the continued support of the directors which they have pledged for the foreseeable future. 

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.
Page 3

 
FITZ-HENRY HILL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
not depreciated
Fixtures and fittings
-
20% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Page 4

 
FITZ-HENRY HILL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 0 (2022 - 0).


4.


Tangible fixed assets





Freehold property
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 December 2022
159,994
1,500
161,494



At 30 November 2023

159,994
1,500
161,494



Depreciation


At 1 December 2022
-
540
540


Charge for the year on owned assets
-
192
192



At 30 November 2023

-
732
732



Net book value



At 30 November 2023
159,994
768
160,762



At 30 November 2022
159,994
960
160,954


5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
5,777
3,389

5,777
3,389


Page 5

 
FITZ-HENRY HILL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
3,911
3,911

Other creditors
63,032
62,019

Accruals and deferred income
990
942

67,933
66,872


Included in other creditors is a directors' loan account balance of £63,032 (2022 - £62,019) in relation to Gemma Fitz-Henry and Martin Hill.


7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
103,539
100,882

103,539
100,882



8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
3,911
3,911


3,911
3,911

Amounts falling due 1-2 years

Bank loans
103,539
100,882



107,450
104,793


Page 6

 
FITZ-HENRY HILL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

9.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
5,777
3,389




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.

10.


Controlling party

There is no overall controlling party.
 
Page 7