IRIS Accounts Production v24.2.0.383 13182094 Board of Directors Board of Directors 1.3.23 28.2.24 28.2.24 0 0 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh131820942023-02-28131820942024-02-28131820942023-03-012024-02-28131820942022-02-28131820942022-03-012023-02-28131820942023-02-2813182094ns15:EnglandWales2023-03-012024-02-2813182094ns14:PoundSterling2023-03-012024-02-2813182094ns10:Director12023-03-012024-02-2813182094ns10:Director22023-03-012024-02-2813182094ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2813182094ns10:SmallEntities2023-03-012024-02-2813182094ns10:AuditExemptWithAccountantsReport2023-03-012024-02-2813182094ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2813182094ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2813182094ns10:FullAccounts2023-03-012024-02-2813182094ns10:OrdinaryShareClass12023-03-012024-02-2813182094ns10:CompanySecretary12023-03-012024-02-2813182094ns10:RegisteredOffice2023-03-012024-02-2813182094ns5:CurrentFinancialInstruments2024-02-2813182094ns5:CurrentFinancialInstruments2023-02-2813182094ns5:Non-currentFinancialInstruments2024-02-2813182094ns5:Non-currentFinancialInstruments2023-02-2813182094ns5:ShareCapital2024-02-2813182094ns5:ShareCapital2023-02-2813182094ns5:RetainedEarningsAccumulatedLosses2024-02-2813182094ns5:RetainedEarningsAccumulatedLosses2023-02-2813182094ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2813182094ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-2813182094ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-02-2813182094ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-02-2813182094ns10:OrdinaryShareClass12024-02-28
REGISTERED NUMBER: 13182094 (England and Wales)















HD DEVELOPMENTS & LETTINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2024






HD DEVELOPMENTS & LETTINGS LIMITED (REGISTERED NUMBER: 13182094)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

HD DEVELOPMENTS & LETTINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2024







DIRECTORS: Miss H J L Windle
D J Cowley





SECRETARY:





REGISTERED OFFICE: 6 Green Close
Leeds
West Yorkshire
LS6 4PD





REGISTERED NUMBER: 13182094 (England and Wales)





ACCOUNTANTS: FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL

HD DEVELOPMENTS & LETTINGS LIMITED (REGISTERED NUMBER: 13182094)

STATEMENT OF FINANCIAL POSITION
28 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 163,389 163,389

CURRENT ASSETS
Debtors 5 - 130
Cash at bank 15,856 14,598
15,856 14,728
CREDITORS
Amounts falling due within one year 6 60,314 60,301
NET CURRENT LIABILITIES (44,458 ) (45,573 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

118,931

117,816

CREDITORS
Amounts falling due after more than one year 7 117,500 117,500
NET ASSETS 1,431 316

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 1,331 216
SHAREHOLDERS' FUNDS 1,431 316

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 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.

HD DEVELOPMENTS & LETTINGS LIMITED (REGISTERED NUMBER: 13182094)

STATEMENT OF FINANCIAL POSITION - continued
28 FEBRUARY 2024


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 September 2024 and were signed on its behalf by:




Miss H J L Windle - Director



D J Cowley - Director


HD DEVELOPMENTS & LETTINGS LIMITED (REGISTERED NUMBER: 13182094)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

1. STATUTORY INFORMATION

HD Developments & Lettings 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.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2023 - NIL).

HD DEVELOPMENTS & LETTINGS LIMITED (REGISTERED NUMBER: 13182094)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023
and 28 February 2024 163,389
NET BOOK VALUE
At 28 February 2024 163,389
At 28 February 2023 163,389

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 130

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 262 51
Other creditors 60,052 60,250
60,314 60,301

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 117,500 117,500

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Mortgage 117,500 117,500

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Mortgage 117,500 117,500

Charter Court Financial Services Limited hold a charge under code 13182094001 containing a negative pledge. The title is held against 19 Elsham Terrace, Leeds, LS4 2RB under land registry title WYK499365.

HD DEVELOPMENTS & LETTINGS LIMITED (REGISTERED NUMBER: 13182094)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

HD DEVELOPMENTS & LETTINGS LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
HD DEVELOPMENTS & LETTINGS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 28 February 2024 set out on pages two to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL


10 September 2024