REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 April 2022 to 31 May 2023 |
for |
Wood Hill Heights Limited |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
Wood Hill Heights Limited (Registered number: 06921674) |
Balance Sheet |
31 May 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
Investment property | 6 |
CURRENT ASSETS |
Debtors | 7 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
9 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Fair value reserve |
(non distributable) | 11 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS |
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 were approved by the Board of Directors and authorised for issue on |
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 |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Plant and machinery etc | - |
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 |
Disposals | ( |
) |
At 31 May 2023 |
DEPRECIATION |
At 1 April 2022 |
Charge for period |
Eliminated on disposal | ( |
) |
At 31 May 2023 |
NET BOOK VALUE |
At 31 May 2023 |
At 31 March 2022 |
5. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 1 April 2022 |
and 31 May 2023 |
NET BOOK VALUE |
At 31 May 2023 |
At 31 March 2022 |
The company owns 100% of the ordinary share capital in The A4 Block Limited. |
6. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 April 2022 |
Disposals | ( |
) |
At 31 May 2023 |
NET BOOK VALUE |
At 31 May 2023 |
At 31 March 2022 |
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 |
Other debtors |
Amounts falling due after more than one year: |
Amounts owed by group undertakings |
Other debtors |
Aggregate amounts |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans |
Other creditors |
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 |
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. |