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REGISTERED NUMBER: 06921674 (England and Wales)










Unaudited Financial Statements

for the Period 1 April 2022 to 31 May 2023

for

Wood Hill Heights Limited

Wood Hill Heights Limited (Registered number: 06921674)






Contents of the Financial Statements
for the Period 1 April 2022 to 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wood Hill Heights Limited

Company Information
for the Period 1 April 2022 to 31 May 2023







DIRECTORS: Ms L K Higginbottom
Ms R Higginbottom





REGISTERED OFFICE: Suite 1.16 Great House
Off Rotherham Road
Dinnington
Sheffield
S25 3QA





REGISTERED NUMBER: 06921674 (England and Wales)

Wood Hill Heights Limited (Registered number: 06921674)

Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 370
Investments 5 1 1
Investment property 6 - 15,650,000
1 15,650,371

CURRENT ASSETS
Debtors 7 11,074,092 4,186,810
Cash at bank 35,129 -
11,109,221 4,186,810
CREDITORS
Amounts falling due within one year 8 9,006,727 226,397
NET CURRENT ASSETS 2,102,494 3,960,413
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,102,495

19,610,784

CREDITORS
Amounts falling due after more than one
year

9

(349,397

)

(11,552,275

)

PROVISIONS FOR LIABILITIES - (1,528,279 )
NET ASSETS 1,753,098 6,530,230

CAPITAL AND RESERVES
Called up share capital 6 6
Fair value reserve
(non distributable) 11 - 7,170,004
Retained earnings 1,753,092 (639,780 )
SHAREHOLDERS' FUNDS 1,753,098 6,530,230

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 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.

Wood Hill Heights Limited (Registered number: 06921674)

Balance Sheet - continued
31 May 2023


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 3 October 2024 and were signed on its behalf by:





Ms L K Higginbottom - Director


Wood Hill Heights Limited (Registered number: 06921674)

Notes to the Financial Statements
for the Period 1 April 2022 to 31 May 2023

1. STATUTORY INFORMATION

Wood Hill Heights 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 Wood Hill Heights Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Taxation
Taxation for the period 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Estimated accounts
The accounts are estimated and are subject to being amended.

3. EMPLOYEES AND DIRECTORS

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

Wood Hill Heights Limited (Registered number: 06921674)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 31 May 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 1,060
Disposals (1,060 )
At 31 May 2023 -
DEPRECIATION
At 1 April 2022 690
Charge for period 370
Eliminated on disposal (1,060 )
At 31 May 2023 -
NET BOOK VALUE
At 31 May 2023 -
At 31 March 2022 370

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2022
and 31 May 2023 1
NET BOOK VALUE
At 31 May 2023 1
At 31 March 2022 1

The company owns 100% of the ordinary share capital in The A4 Block Limited.

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022 15,650,000
Disposals (15,650,000 )
At 31 May 2023 -
NET BOOK VALUE
At 31 May 2023 -
At 31 March 2022 15,650,000

The properties were disposed of on 30th June 2022.

Wood Hill Heights Limited (Registered number: 06921674)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 31 May 2023

7. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors - 414,000
Other debtors 5,087 4,035
5,087 418,035

Amounts falling due after more than one year:
Amounts owed by group undertakings - 803,230
Other debtors 11,069,005 2,965,545
11,069,005 3,768,775

Aggregate amounts 11,074,092 4,186,810

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 202,706
Trade creditors 8,932,250 -
Taxation and social security 33,576 -
Other creditors 30,901 23,691
9,006,727 226,397

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 24,777 9,953,162
Other creditors 324,620 1,599,113
349,397 11,552,275

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 9,142,509

Wood Hill Heights Limited (Registered number: 06921674)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 31 May 2023

10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans - 10,110,601

Cambridge & Counties Bank Limited

Fixed and floating charges created 30th July 2019.

The freehold property known as 568 Grimethorpe Road and land to the south east, Sheffield, South Yorkshire, S4 8LF registered at HM Land Registry under title numbers SYK158918 & SYK508424 and the freehold land on the south east side of Grimesthorpe Road, Sheffield registered at HM Land Registry under title number SYK568667.

The charge was satisifed during the period ended 31st May 2023.

11. RESERVES
Fair
value
reserve
(non
distributable)
£   
At 1 April 2022 7,170,004
Movement (7,170,004 )

At 31 May 2023 -

12. RELATED PARTY DISCLOSURES

Mr P Higginbottom (Shareholder)

Monies were loaned to the company on an interest free basis. The balance owed by the company at 31st May 2023: £6,711, (31st March 2022: £6,711).

13. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party of Wood Hill Heights Limited.