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Registered number: 05558724

Hillflow Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Hillflow Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
SH Goldstein
LA Phillips
REGISTERED OFFICE
Yarto House
Edgwarebury Lane
Edgware
Middlesex
HA8 8LW
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05558724
BANKERS
Natwest
ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Hillflow Limited

ACCOUNTS
FOR THEYEARENDED31/03/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts5
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Hillflow Limited

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Tangible assets1,250,0001,250,000
CURRENT ASSETS
Debtors312,2139,345
Cash at bank and in hand236,633414,082
248,846423,427
CREDITORS: Amounts falling due within one year421,836105,027
NET CURRENT ASSETS227,010318,400
TOTAL ASSETS LESS CURRENT LIABILITIES1,477,0101,568,400
CREDITORS: Amounts falling due after more than one year5733,442732,607
PROVISIONS FOR LIABILITIES AND CHARGES724,00024,000
NET ASSETS719,568811,793
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account719,468811,693
SHAREHOLDERS' FUNDS719,568811,793

Hillflow Limited

BALANCE SHEET AT 31/03/2024
For the year ending 31/03/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 17/05/2024 and signed on their behalf by
.............................
SH Goldstein
Director
.............................
LA Phillips
Director

Hillflow Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
2. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/04/20231,250,0001,250,000
At 31/03/20241,250,0001,250,000
3. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors10,3489,345
VAT1,865-
12,2139,345

Hillflow Limited

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax-8,000
VAT-1,170
Bank loans and overdrafts6-
Trade creditors611-
Other creditors16,13615,924
Accruals5,08379,933
21,836105,027
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Other creditors > 1yr733,442732,607
733,442732,607
6. EMPLOYEES
20242023
No.No.
Average number of employees--
7. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation24,00024,000
24,00024,000

Hillflow Limited

8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
9. CONTROLLING PARTY
The company is controlled by L Phillips and S Goldstein by virtue of the fact that they each own 50% of the company's issued and called up voting share capital.
10. RELATED PARTY TRANSACTIONS
During the year, the directors advanced certain loans to the company. At the year end, the balance owed to the directors totalled £733,439 (2023: £732,604). The loans are interest free and repayable on demand.