HC 1216 Limited 08617376 true 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is as a holding company. Digita Accounts Production Advanced 6.30.9574.0 true C D Freeman true false 08617376 2022-12-01 2023-11-30 08617376 2023-11-30 08617376 bus:OrdinaryShareClass1 2023-11-30 08617376 core:ShareCapital 2023-11-30 08617376 core:Non-currentFinancialInstruments core:AfterOneYear 2023-11-30 08617376 bus:FRS102 2022-12-01 2023-11-30 08617376 bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 08617376 bus:FullAccounts 2022-12-01 2023-11-30 08617376 bus:RegisteredOffice 2022-12-01 2023-11-30 08617376 bus:Director3 2022-12-01 2023-11-30 08617376 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 08617376 bus:EntityHasNeverTraded 2022-12-01 2023-11-30 08617376 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 08617376 core:LandBuildings 2022-12-01 2023-11-30 08617376 1 2022-12-01 2023-11-30 08617376 countries:EnglandWales 2022-12-01 2023-11-30 08617376 core:LandBuildings 2022-11-30 08617376 2021-12-01 2022-11-30 08617376 2022-11-30 08617376 bus:OrdinaryShareClass1 2022-11-30 08617376 core:ShareCapital 2022-11-30 08617376 core:Non-currentFinancialInstruments core:AfterOneYear 2022-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08617376

HC 1216 Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 November 2023

 

HC 1216 Limited

Profit and Loss Account for the Year Ended 30 November 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

HC 1216 Limited

(Registration number: 08617376)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

280,317

280,317

Current assets

 

Cash at bank and in hand

 

1

1

Total assets less current liabilities

 

280,318

280,318

Creditors: Amounts falling due after more than one year

(280,317)

(280,317)

Net assets

 

1

1

Capital and reserves

 

Called up share capital

5

1

1

Shareholders' funds

 

1

1

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 29 August 2024
 


C D Freeman
Director

 

HC 1216 Limited

Notes to the Unaudited 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 address of its registered office is:
Malvern House
Priory Road
Gloucester
GL1 2RQ
United Kingdom

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Name of parent of group

These financial statements are consolidated in the financial statements of Malvern Tyres Holdings Limited.

The financial statements of Malvern Tyres Holdings Limited may be obtained from Companies House.

Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Judgements

No significant judgements have been made by management in preparing these financial statements.

Key sources of estimation uncertainty

No key sources of estimation uncertainty have been identified by management in preparing these financial statements other than those detailed in these accounting policies..

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold land and buildings

Nil

 

HC 1216 Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was as follows:

Land and buildings
£

Cost and carrying amount

At 1 December 2022 and at 30 November 2023

280,317

Included within the net book value of land and buildings above is £280,317 (2022 - £280,317) in respect of freehold land and buildings.
 

5

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary share of £1 each

1

1

1

1

         

6

Parent and ultimate parent undertaking

The company's immediate parent is Malvern Tyres Holdings Limited, incorporated in England and Wales.

 The ultimate controlling party is C M Freeman.