IRIS Accounts Production v24.2.0.383 07055685 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh070556852022-12-31070556852023-12-31070556852023-01-012023-12-31070556852021-12-31070556852022-01-012022-12-31070556852022-12-3107055685ns15:EnglandWales2023-01-012023-12-3107055685ns14:PoundSterling2023-01-012023-12-3107055685ns10:Director12023-01-012023-12-3107055685ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3107055685ns10:SmallEntities2023-01-012023-12-3107055685ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3107055685ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3107055685ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3107055685ns10:FullAccounts2023-01-012023-12-3107055685ns10:Director22023-01-012023-12-3107055685ns10:CompanySecretary12023-01-012023-12-3107055685ns10:RegisteredOffice2023-01-012023-12-3107055685ns5:CurrentFinancialInstruments2023-12-3107055685ns5:CurrentFinancialInstruments2022-12-3107055685ns5:Non-currentFinancialInstruments2023-12-3107055685ns5:Non-currentFinancialInstruments2022-12-3107055685ns5:ShareCapital2023-12-3107055685ns5:ShareCapital2022-12-3107055685ns5:RetainedEarningsAccumulatedLosses2023-12-3107055685ns5:RetainedEarningsAccumulatedLosses2022-12-3107055685ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3107055685ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-31
REGISTERED NUMBER: 07055685 (England and Wales)
















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

HIBBERT O'SHEA LIMITED

HIBBERT O'SHEA LIMITED (REGISTERED NUMBER: 07055685)

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


HIBBERT O'SHEA LIMITED

COMPANY INFORMATION
For The Year Ended 31 December 2023







DIRECTORS: M J Hibbert
D J O'Shea





SECRETARY: D J O'Shea





REGISTERED OFFICE: Palmerston House
Farren Court
The Street
Cowfold
West Sussex
RH13 8BP





REGISTERED NUMBER: 07055685 (England and Wales)





ACCOUNTANTS: Crane & Partners
Chartered Accountants
Leonard House
5 - 7 Newman Road
Bromley
Kent
BR1 1RJ

HIBBERT O'SHEA LIMITED (REGISTERED NUMBER: 07055685)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 300,000 300,000

CURRENT ASSETS
Debtors 5 20,730 28,123
Cash at bank 216,430 243,419
237,160 271,542
CREDITORS
Amounts falling due within one year 6 35,287 47,846
NET CURRENT ASSETS 201,873 223,696
TOTAL ASSETS LESS CURRENT
LIABILITIES

501,873

523,696

CREDITORS
Amounts falling due after more than one
year

7

(209,344

)

(209,344

)

PROVISIONS FOR LIABILITIES (3,852 ) (3,852 )
NET ASSETS 288,677 310,500

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 288,577 310,400
SHAREHOLDERS' FUNDS 288,677 310,500

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 Income Statement has not been delivered.

HIBBERT O'SHEA LIMITED (REGISTERED NUMBER: 07055685)

BALANCE SHEET - continued
31 December 2023



The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:





M J Hibbert - Director


HIBBERT O'SHEA LIMITED (REGISTERED NUMBER: 07055685)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2023


1. STATUTORY INFORMATION

Hibbert O'Shea 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
Turnover represents property sales and rental income. No VAT is charged thereon.

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

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 300,000
NET BOOK VALUE
At 31 December 2023 300,000
At 31 December 2022 300,000

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2023 300,000

If the property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 279,725 279,725

The property was valued on an open market basis on 31 December 2023 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 20,730 28,123

HIBBERT O'SHEA LIMITED (REGISTERED NUMBER: 07055685)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 30,653 40,500
Other creditors 4,634 7,346
35,287 47,846

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 209,344 209,344

8. SECURED DEBTS

Loans of £209,344 are secured over the property at 79 South Street, Gloucester.

9. RELATED PARTY DISCLOSURES

At the end of the year, Mr D O'Shea owed the company £9,615 (2022: £9,615) and Mr M Hibbert owed the company £9,615 (2022: £9,615).

10. CONTROL

The company is controlled by M J Hibbert and D J O'Shea.