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REGISTERED NUMBER: 13174100 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

PAGE (HULL) LIMITED

PAGE (HULL) LIMITED (REGISTERED NUMBER: 13174100)






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


PAGE (HULL) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: P B Ibbitson
G Ibbitson





REGISTERED OFFICE: 35 Risholme Way
Hull
East Yorkshire
HU8 9BY





REGISTERED NUMBER: 13174100 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ

PAGE (HULL) LIMITED (REGISTERED NUMBER: 13174100)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 159,014 155,000

CURRENT ASSETS
Cash at bank 28,463 5,717

CREDITORS
Amounts falling due within one year 5 55,366 30,110
NET CURRENT LIABILITIES (26,903 ) (24,393 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

132,111

130,607

CREDITORS
Amounts falling due after more than one
year

6

(117,500

)

(117,500

)

PROVISIONS FOR LIABILITIES (2,757 ) (2,284 )
NET ASSETS 11,854 10,823

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 7 23,153 23,626
Retained earnings (11,399 ) (12,903 )
11,854 10,823

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.

PAGE (HULL) LIMITED (REGISTERED NUMBER: 13174100)

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 29 August 2024 and were signed on its behalf by:





P B Ibbitson - Director


PAGE (HULL) LIMITED (REGISTERED NUMBER: 13174100)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Page (Hull) Limited is a private company, limited by shares , registered in England and Wales. 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The company's turnover is generated from rental income.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

PAGE (HULL) LIMITED (REGISTERED NUMBER: 13174100)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 155,000
Additions 4,014
At 31 December 2023 159,014
NET BOOK VALUE
At 31 December 2023 159,014
At 31 December 2022 155,000

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2022 25,910
Cost 133,104
159,014

If investment property had not been revalued it would have been included at the following historical cost:

31.12.23 31.12.22
£    £   
Cost 133,104 129,090

Investment property was valued on an open market basis on 31 December 2022 by Landbay Partners Ltd and Paragon Bank PLC .

The directors have reviewed the valuation by Landbay Partners Ltd and Paragon Bank PLC as at 31st December 2022 and consider that this valuation is still appropriate as at 31st December 2023.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 55,366 30,110

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Other creditors 117,500 117,500

PAGE (HULL) LIMITED (REGISTERED NUMBER: 13174100)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. RESERVES
Fair
value
reserve
£   
At 1 January 2023 23,626
Movement in the year (473 )

At 31 December 2023 23,153