2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-09-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 04860169 2023-09-01 2024-04-30 04860169 2024-04-30 04860169 2023-08-31 04860169 2022-09-01 2023-08-31 04860169 2023-08-31 04860169 2022-08-31 04860169 core:PlantMachinery 2023-09-01 2024-04-30 04860169 core:FurnitureFittings 2023-09-01 2024-04-30 04860169 core:MotorVehicles 2023-09-01 2024-04-30 04860169 bus:Director2 2023-09-01 2024-04-30 04860169 core:WithinOneYear 2024-04-30 04860169 core:WithinOneYear 2023-08-31 04860169 core:PlantMachinery 2023-08-31 04860169 core:FurnitureFittings 2023-08-31 04860169 core:MotorVehicles 2023-08-31 04860169 core:AfterOneYear 2023-08-31 04860169 core:ShareCapital 2024-04-30 04860169 core:ShareCapital 2023-08-31 04860169 core:RetainedEarningsAccumulatedLosses 2024-04-30 04860169 core:RetainedEarningsAccumulatedLosses 2023-08-31 04860169 core:PlantMachinery 2023-08-31 04860169 core:FurnitureFittings 2023-08-31 04860169 core:MotorVehicles 2023-08-31 04860169 bus:SmallEntities 2023-09-01 2024-04-30 04860169 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-04-30 04860169 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-04-30 04860169 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-04-30 04860169 bus:FullAccounts 2023-09-01 2024-04-30
COMPANY REGISTRATION NUMBER: 04860169
HILTON PROPERTIES (YORK) LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
30 April 2024
HILTON PROPERTIES (YORK) LIMITED
STATEMENT OF FINANCIAL POSITION
30 April 2024
30 Apr 24
31 Aug 23
Note
£
£
£
£
FIXED ASSETS
Tangible assets
5
2,841
CURRENT ASSETS
Debtors
6
798
584
Cash at bank and in hand
13,195
64,870
--------
--------
13,993
65,454
CREDITORS: amounts falling due within one year
7
7,529
26,447
--------
--------
NET CURRENT ASSETS
6,464
39,007
-------
--------
TOTAL ASSETS LESS CURRENT LIABILITIES
6,464
41,848
CREDITORS: amounts falling due after more than one year
8
5,950
PROVISIONS
Taxation including deferred tax
561
-------
--------
NET ASSETS
6,464
35,337
-------
--------
HILTON PROPERTIES (YORK) LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
30 April 2024
30 Apr 24
31 Aug 23
Note
£
£
£
£
CAPITAL AND RESERVES
Called up share capital
20
20
Profit and loss account
6,444
35,317
-------
--------
SHAREHOLDERS FUNDS
6,464
35,337
-------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 10 September 2024 , and are signed on behalf of the board by:
Mrs R E Carr
Director
Company registration number: 04860169
HILTON PROPERTIES (YORK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 1 SEPTEMBER 2023 TO 30 APRIL 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 129 Greenshaw Drive, Haxby, York, YO32 2DB.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
(a) Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. (b) Going concern The company ceased trading on 30 April 2024 and the directors intend to strike off the company. Consequently the accounts have not been drawn up on a going concern basis. (c) Revenue recognition Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. (d) Current and deferred tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. (e) Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. (f) Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 15% reducing balance
Fixtures and fittings - 15% reducing balance
Motor vehicles - 25% reducing balance
(g) Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly.
(h) Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
(i) Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the period amounted to 2 (2023: 2 ).
5. TANGIBLE ASSETS
Plant and machinery
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
Cost
At 1 September 2023
3,271
4,484
15,610
23,365
Disposals
( 3,271)
( 4,484)
( 15,610)
( 23,365)
-------
-------
--------
--------
At 30 April 2024
-------
-------
--------
--------
Depreciation
At 1 September 2023
2,803
2,953
14,768
20,524
Charge for the period
49
152
141
342
Disposals
( 2,852)
( 3,105)
( 14,909)
( 20,866)
-------
-------
--------
--------
At 30 April 2024
-------
-------
--------
--------
Carrying amount
At 30 April 2024
-------
-------
--------
--------
At 31 August 2023
468
1,531
842
2,841
-------
-------
--------
--------
6. DEBTORS
30 Apr 24
31 Aug 23
£
£
Other debtors
798
584
----
----
7. CREDITORS: amounts falling due within one year
30 Apr 24
31 Aug 23
£
£
Bank loans and overdrafts
3,400
Trade creditors
2,455
Accruals and deferred income
1,813
1,298
Corporation tax
920
5,421
Social security and other taxes
2,851
Directors current accounts
4,796
11,022
-------
--------
7,529
26,447
-------
--------
8. CREDITORS: amounts falling due after more than one year
30 Apr 24
31 Aug 23
£
£
Bank loans and overdrafts
5,950
----
-------