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REGISTERED NUMBER: 13424319 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

HAUGHLEY HOMES LIMITED

HAUGHLEY HOMES LIMITED (REGISTERED NUMBER: 13424319)






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


HAUGHLEY HOMES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: R H Gosling





REGISTERED OFFICE: 61 Station Road
Sudbury
Suffolk
CO10 2SP





REGISTERED NUMBER: 13424319 (England and Wales)





ACCOUNTANTS: Seago and Stopps
Chartered Certified Accountants
61 Station Road
Sudbury
Suffolk
CO10 2SP

HAUGHLEY HOMES LIMITED (REGISTERED NUMBER: 13424319)

BALANCE SHEET
31 DECEMBER 2023

31.12.22 31.12.23
£    £    Notes £    £   
FIXED ASSETS
307,753 Tangible assets 4 -
- Investments 5 82,422
- Investment property 6 280,000
307,753 362,422

CURRENT ASSETS
3,498 Cash at bank and in hand 2,149

CREDITORS
1,385 Amounts falling due within one year 7 2,970
2,113 NET CURRENT (LIABILITIES)/ASSETS (821 )
309,866 TOTAL ASSETS LESS CURRENT
LIABILITIES

361,601

CREDITORS
317,103 Amounts falling due after more than one
year

8

282,455
(7,237 ) NET ASSETS/(LIABILITIES) 79,146

CAPITAL AND RESERVES
100 Called up share capital 149
- Share premium 9 80,801
- Fair value reserve 9 (27,753 )
(7,337 ) Retained earnings 9 25,949
(7,237 ) SHAREHOLDERS' FUNDS 79,146

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 director acknowledges his 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.

HAUGHLEY HOMES LIMITED (REGISTERED NUMBER: 13424319)

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 director and authorised for issue on 23 September 2024 and were signed by:





R H Gosling - Director


HAUGHLEY HOMES LIMITED (REGISTERED NUMBER: 13424319)

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

1. STATUTORY INFORMATION

Haughley Homes 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
The company derives its income from rents receivable, which are accounted for under the accruals basis.

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

Financial instruments
The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statemernts such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

HAUGHLEY HOMES LIMITED (REGISTERED NUMBER: 13424319)

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

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST OR VALUATION
At 1 January 2023 307,753
Reclassification/transfer (307,753 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 307,753

Cost or valuation at 31 December 2023 is represented by:

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 82,422
At 31 December 2023 82,422
NET BOOK VALUE
At 31 December 2023 82,422

During the year the company acquired 49 Ordinary £1 shares previously held by the director in another trading company in a share for share exchange.

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Revaluations (27,753 )
Reclassification/transfer 307,753
At 31 December 2023 280,000
NET BOOK VALUE
At 31 December 2023 280,000

HAUGHLEY HOMES LIMITED (REGISTERED NUMBER: 13424319)

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

6. INVESTMENT PROPERTY - continued

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2023 (27,753 )
Cost 307,753
280,000

Investment property was valued on an open market value basis on 31 December 2023 by the director .

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 66 527
Other creditors 2,904 858
2,970 1,385

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 213,333 213,333
Other creditors 69,122 103,770
282,455 317,103

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 213,333 213,333

9. RESERVES

Included within reserves is a fair value reserve, which has been created through the process of revaluing the investment property held to its open market value each year. The reserve is also adjusted annually for any movements in deferred tax.

In accordance with FRS 102, the fair value reserve is a 'non-distributable' reserve and is separately disclosed in the balance sheet.