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REGISTERED NUMBER: 07603011 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

HUDSON PROPERTIES YORK LIMITED

HUDSON PROPERTIES YORK LIMITED (REGISTERED NUMBER: 07603011)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HUDSON PROPERTIES YORK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTORS: M Inwood
Mrs N M Inwood
G Inwood
W Inwood





SECRETARY: Mrs N M Inwood





REGISTERED OFFICE: Stockton Lodge
Sandy Lane
Stockton on the Forest
York
North Yorkshire
YO32 9UT





REGISTERED NUMBER: 07603011 (England and Wales)





ACCOUNTANTS: CGA
Chartered Certified Accountants
3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED

HUDSON PROPERTIES YORK LIMITED (REGISTERED NUMBER: 07603011)

BALANCE SHEET
31ST DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 833,342 979,618

CURRENT ASSETS
Debtors 5 40,037 39,461
Cash at bank 2,292 9,533
42,329 48,994
CREDITORS
Amounts falling due within one year 6 15,662 17,444
NET CURRENT ASSETS 26,667 31,550
TOTAL ASSETS LESS CURRENT LIABILITIES 860,009 1,011,168

CREDITORS
Amounts falling due after more than one year 7 995,600 1,031,956
NET LIABILITIES (135,591 ) (20,788 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (135,691 ) (20,888 )
SHAREHOLDERS' FUNDS (135,591 ) (20,788 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24th September 2024 and were signed on its behalf by:





M Inwood - Director


HUDSON PROPERTIES YORK LIMITED (REGISTERED NUMBER: 07603011)

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

1. STATUTORY INFORMATION

Hudson Properties York 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - Straight line over 3 years

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The Financial Statements have been prepared on a Going Concern basis, despite the balance sheet showing net liabilities. The company has support from the director and will continue to do so for a period in excess of 12 months from the date of approval of these accounts.

3. EMPLOYEES AND DIRECTORS

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

HUDSON PROPERTIES YORK LIMITED (REGISTERED NUMBER: 07603011)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st January 2023 972,599 29,174 - 1,916 1,003,689
Additions - 479 58,600 637 59,716
Disposals (183,681 ) - - - (183,681 )
Exchange differences (11,787 ) (546 ) - - (12,333 )
At 31st December 2023 777,131 29,107 58,600 2,553 867,391
DEPRECIATION
At 1st January 2023 - 22,776 - 1,295 24,071
Charge for year - 1,010 8,790 580 10,380
Exchange differences - (402 ) - - (402 )
At 31st December 2023 - 23,384 8,790 1,875 34,049
NET BOOK VALUE
At 31st December 2023 777,131 5,723 49,810 678 833,342
At 31st December 2022 972,599 6,398 - 621 979,618

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 198 -
Other debtors 39,839 39,461
40,037 39,461

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 17 -
Trade creditors 54 -
Taxation and social security 1,290 779
Other creditors 14,301 16,665
15,662 17,444

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 995,600 1,031,956

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 123,817 143,942

8. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £819,783 (2022 - £757,697) to key management personnel. No interest has been charged to the company in respect of this loan which is included within creditors due in more than one year.