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REGISTERED NUMBER: 11835363 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

HDD Banbury Limited

Previously known as
HDD Beechdale Retail Limited

HDD Banbury Limited (Registered number: 11835363)
previously known as HDD Beechdale Retail Limited






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


HDD Banbury Limited
previously known as HDD Beechdale Retail Limited

Company Information
for the year ended 31 December 2023







DIRECTORS: S I Davidson
M A Shaikh
P J Wood
R W Croft





SECRETARY: D J Twomlow





REGISTERED OFFICE: Pavilion House
14-16 Bridgford Road
West Bridgford
Nottinghamshire
NG2 6AB





REGISTERED NUMBER: 11835363 (England and Wales)





ACCOUNTANTS: Bexons
Chartered Accountants
23 Rectory Road
West Bridgford
Nottingham
Nottinghamshire
NG2 6BE

HDD Banbury Limited (Registered number: 11835363)
previously known as HDD Beechdale Retail Limited

Statement of Financial Position
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 19,863 -
Debtors 4 2,773 -
Cash at bank 1,184,914 6,786
1,207,550 6,786
CREDITORS
Amounts falling due within one year 5 1,207,450 6,686
NET CURRENT ASSETS 100 100
TOTAL ASSETS LESS CURRENT
LIABILITIES

100

100

CAPITAL AND RESERVES
Called up share capital 100 100
SHAREHOLDERS' FUNDS 100 100

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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2024 and were signed on its behalf by:





S I Davidson - Director


HDD Banbury Limited (Registered number: 11835363)
previously known as HDD Beechdale Retail Limited

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

HDD Banbury 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.

Preparation of consolidated financial statements
The financial statements contain information about HDD Banbury Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Henry Davidson Developments (Holdings) Limited, Pavilion House, Bridgford Road, West Bridgford, Nottingham, NG2 6AB.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
VAT 2,773 -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 9,450 -
Amounts owed to participating interests 1,198,000 -
Other creditors - 6,686
1,207,450 6,686

HDD Banbury Limited (Registered number: 11835363)
previously known as HDD Beechdale Retail Limited

Notes to the Financial Statements - continued
for the year ended 31 December 2023

6. ULTIMATE CONTROLLING PARTY

The controlling party is S I Davidson.

This company is wholly owned by HDD Lichfield St Johns Limited, which is ultimately owned by Henry Davidson Developments (Holdings) Limited.

In January 2023 HDD Cranbrook Limited (a member of a group headed by Euro Property Investments Limited (EPIL)), acquired a 50% interest in the equity in the holding company in return for writing off a debt owed to them. EPIL has worked with Henry Davidson Developments (Holdings) Limited over a number of years and together they have already delivered and have a pipeline of successful development schemes.

Mr S Davidson still has 50% of the shares in the holding company and the casting vote in board meetings. Hence he is considered to be the ultimate controlling party.