Company Registration No. 09726012 (England and Wales)
HRS UK PROPERTIES LTD
Unaudited accounts
for the year ended 31 December 2023
HRS UK PROPERTIES LTD
Unaudited accounts
Contents
HRS UK PROPERTIES LTD
Company Information
for the year ended 31 December 2023
Company Number
09726012 (England and Wales)
Registered Office
Ground Floor Marlborough House
298 Regents Park Road
London
N3 2SZ
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
HRS UK PROPERTIES LTD
Statement of financial position
as at 31 December 2023
Tangible assets
1,458,661
1,029,385
Investments
111,384
120,987
Cash at bank and in hand
16,553
6,908
Creditors: amounts falling due within one year
(359)
(419)
Net current assets
36,273
12,648
Total assets less current liabilities
1,606,318
1,163,020
Creditors: amounts falling due after more than one year
(1,577,630)
(1,102,234)
Called up share capital
2
2
Profit and loss account
28,686
60,784
Shareholders' funds
28,688
60,786
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 September 2024 and were signed on its behalf by
Hendrik Visser
Director
Company Registration No. 09726012
HRS UK PROPERTIES LTD
Notes to the Accounts
for the year ended 31 December 2023
HRS UK PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 09726012. The registered office is Ground Floor Marlborough House, 298 Regents Park Road, London, N3 2SZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
3 Years
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2023
1,029,385
-
1,029,385
Additions
431,460
347
431,807
Revaluations
(2,415)
-
(2,415)
At 31 December 2023
1,458,430
347
1,458,777
Charge for the year
-
116
116
At 31 December 2023
-
116
116
At 31 December 2023
1,458,430
231
1,458,661
At 31 December 2022
1,029,385
-
1,029,385
HRS UK PROPERTIES LTD
Notes to the Accounts
for the year ended 31 December 2023
5
Investments
Other investments
Valuation at 1 January 2023
120,987
Fair value adjustments
(9,603)
Valuation at 31 December 2023
111,384
Amounts falling due within one year
Other debtors
20,079
2,078
7
Creditors: amounts falling due within one year
2023
2022
8
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
1,145,784
1,102,234
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).