0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-02-01 Sage Accounts Production Advanced 2023 - FRS102_2023 1,002,491 1,002,491 1,002,491 xbrli:pure xbrli:shares iso4217:GBP 11180793 2023-02-01 2024-01-31 11180793 2024-01-31 11180793 2023-01-31 11180793 2022-02-01 2023-01-31 11180793 2023-01-31 11180793 2022-01-31 11180793 bus:Director1 2023-02-01 2024-01-31 11180793 core:WithinOneYear 2024-01-31 11180793 core:WithinOneYear 2023-01-31 11180793 core:AfterOneYear 2024-01-31 11180793 core:AfterOneYear 2023-01-31 11180793 core:ShareCapital 2024-01-31 11180793 core:ShareCapital 2023-01-31 11180793 core:RetainedEarningsAccumulatedLosses 2024-01-31 11180793 core:RetainedEarningsAccumulatedLosses 2023-01-31 11180793 core:LandBuildings core:OwnedOrFreeholdAssets 2024-01-31 11180793 core:LandBuildings core:OwnedOrFreeholdAssets 2023-01-31 11180793 bus:SmallEntities 2023-02-01 2024-01-31 11180793 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 11180793 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11180793 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11180793 bus:FullAccounts 2023-02-01 2024-01-31
COMPANY REGISTRATION NUMBER: 11180793
HEADINGLEY BUILDINGS LTD.
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 January 2024
HEADINGLEY BUILDINGS LTD.
STATEMENT OF FINANCIAL POSITION
31 January 2024
2024
2023
Note
£
£
£
£
FIXED ASSETS
Tangible assets
4
1,002,491
1,002,491
CURRENT ASSETS
Debtors
5
861
625
Cash at bank and in hand
8,960
15,079
-------
--------
9,821
15,704
CREDITORS: amounts falling due within one year
6
( 251,196)
( 258,301)
---------
---------
NET CURRENT LIABILITIES
( 241,375)
( 242,597)
------------
------------
TOTAL ASSETS LESS CURRENT LIABILITIES
761,116
759,894
CREDITORS: amounts falling due after more than one year
7
( 740,099)
( 742,353)
---------
---------
NET ASSETS
21,017
17,541
---------
---------
CAPITAL AND RESERVES
Called up share capital
2
2
Profit and loss account
21,015
17,539
--------
--------
SHAREHOLDERS FUNDS
21,017
17,541
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
HEADINGLEY BUILDINGS LTD.
STATEMENT OF FINANCIAL POSITION (continued)
31 January 2024
These financial statements were approved by the board of directors and authorised for issue on 15 October 2024 , and are signed on behalf of the board by:
D A Gilman
Director
Company registration number: 11180793
HEADINGLEY BUILDINGS LTD.
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 JANUARY 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20-22 Bridge End, Leeds, West Yorkshire, LS1 4DJ, United Kingdom.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of services supplied, exclusive of Value Added Tax.
Income tax
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its open market value at each reporting date and any changes in value are recognised in the statement of income and retained earnings.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4. TANGIBLE ASSETS
Investment property
£
Cost
At 1 February 2023 and 31 January 2024
1,002,491
------------
Depreciation
At 1 February 2023 and 31 January 2024
------------
Carrying amount
At 31 January 2024
1,002,491
------------
At 31 January 2023
1,002,491
------------
The market value of investment properties held as at 31st January 2024 have been calculated by the director, and have been valued at open market value.
5. DEBTORS
2024
2023
£
£
Other debtors
861
625
----
----
6. CREDITORS: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
8,500
8,500
Corporation tax
815
493
Other creditors
241,881
249,308
---------
---------
251,196
258,301
---------
---------
7. CREDITORS: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
740,099
742,353
---------
---------