HGH PROPERTIES LIMITED

Company Registration Number:
02381918 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

HGH PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

HGH PROPERTIES LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,935,000 2,135,000
Investments: 4 12,500 12,500
Total fixed assets: 1,947,500 2,147,500
Current assets
Debtors: 5 701 185
Cash at bank and in hand: 110,800 137,519
Total current assets: 111,501 137,704
Creditors: amounts falling due within one year: 6 (64,922) (101,210)
Net current assets (liabilities): 46,579 36,494
Total assets less current liabilities: 1,994,079 2,183,994
Total net assets (liabilities): 1,994,079 2,183,994
Capital and reserves
Called up share capital: 9,500 9,500
Share premium account: 90,000 90,000
Revaluation reserve:71,087,9401,287,940
Other reserves: 500 500
Profit and loss account: 806,139 796,054
Shareholders funds: 1,994,079 2,183,994

The notes form part of these financial statements

HGH PROPERTIES LIMITED

Balance sheet statements

For the year ending 30 June 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 July 2024
and signed on behalf of the board by:

Name: G F Aldridge
Status: Director

The notes form part of these financial statements

HGH PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HGH PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

HGH PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 2,135,000
Revaluations (200,000)
At 30 June 2024 1,935,000
Depreciation
At 01 July 2023 0
At 30 June 2024 0
Net book value
At 30 June 2024 1,935,000
At 30 June 2023 2,135,000

HGH PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Fixed investments

The properties owned by the company have been revalued at 30th June 2024 by Martin Clarke Property Consultants at market value

HGH PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

HGH PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Creditors: amounts falling due within one year note

Trade creditors £3,849 Taxes & social security 13,749 Other creditors 20,337 Loans from directors 1,355 Deferred income 25,632

HGH PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

7. Revaluation reserve

2024
£
Balance at 01 July 2023 1,287,940
Surplus or deficit after revaluation (200,000)
Balance at 30 June 2024 1,087,940

HGH PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

8. Related party transactions

In the opinion of the directors the company is controlled by H Aldridge