Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-312023-02-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC554871 2023-02-01 2024-01-31 SC554871 2022-02-01 2023-01-31 SC554871 2024-01-31 SC554871 2023-01-31 SC554871 c:Director1 2023-02-01 2024-01-31 SC554871 c:Director2 2023-02-01 2024-01-31 SC554871 c:RegisteredOffice 2023-02-01 2024-01-31 SC554871 d:OfficeEquipment 2023-02-01 2024-01-31 SC554871 d:OfficeEquipment 2024-01-31 SC554871 d:OfficeEquipment 2023-01-31 SC554871 d:FreeholdInvestmentProperty 2024-01-31 SC554871 d:FreeholdInvestmentProperty 2023-01-31 SC554871 d:CurrentFinancialInstruments 2024-01-31 SC554871 d:CurrentFinancialInstruments 2023-01-31 SC554871 d:Non-currentFinancialInstruments 2024-01-31 SC554871 d:Non-currentFinancialInstruments 2023-01-31 SC554871 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 SC554871 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 SC554871 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 SC554871 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 SC554871 d:ShareCapital 2024-01-31 SC554871 d:ShareCapital 2023-01-31 SC554871 d:RetainedEarningsAccumulatedLosses 2024-01-31 SC554871 d:RetainedEarningsAccumulatedLosses 2023-01-31 SC554871 c:OrdinaryShareClass1 2023-02-01 2024-01-31 SC554871 c:OrdinaryShareClass1 2024-01-31 SC554871 c:OrdinaryShareClass1 2023-01-31 SC554871 c:FRS102 2023-02-01 2024-01-31 SC554871 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 SC554871 c:FullAccounts 2023-02-01 2024-01-31 SC554871 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 SC554871 e:PoundSterling 2023-02-01 2024-01-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC554871










HOCHY HOMES LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

 
HOCHY HOMES LIMITED
 

COMPANY INFORMATION


Directors
Mr D L Christie 
Mrs S E Christie 




Registered number
SC554871



Registered office
EQ Accountants
Pentland House

Glenrothes

Fife

KY6 2AH




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
HOCHY HOMES LIMITED
REGISTERED NUMBER: SC554871

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
£
£

Fixed assets
  

Investment property
 5 
97,676
97,676

  
97,676
97,676

Current assets
  

Cash at bank and in hand
  
12,365
10,050

  
12,365
10,050

Creditors: amounts falling due within one year
 6 
(38,750)
(38,730)

Net current liabilities
  
 
 
(26,385)
 
 
(28,680)

Total assets less current liabilities
  
71,291
68,996

Creditors: amounts falling due after more than one year
 7 
(72,300)
(72,300)

  

Net liabilities
  
(1,009)
(3,304)


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
(1,109)
(3,404)

  
(1,009)
(3,304)


Page 1

 
HOCHY HOMES LIMITED
REGISTERED NUMBER: SC554871

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mr D L Christie
Director

Date: 21 October 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
HOCHY HOMES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Hochy Homes Limited is a private company, limited by shares, incorporated in Scotland with registration number SC554871. The registered office is EQ Accountants, Pentland House, Glenrothes, Fife, KY6 2AH.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis, notwithstanding, the company has net liabilities as at 31 January 2024 of £1,009. Included within creditors due within one year, is a loan in which the lender has confirmed that they will not seek repayment until the financial position of the company permits.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 3

 
HOCHY HOMES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 February 2023
699



At 31 January 2024

699



Depreciation


At 1 February 2023
699



At 31 January 2024

699



Net book value



At 31 January 2024
-


5.


Investment property


Freehold investment property

£



Valuation


At 1 February 2023
97,676



At 31 January 2024
97,676

The  valuations were made by the directors, on an open market value for existing use basis.





Page 4

 
HOCHY HOMES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
37,500
37,500

Accruals and deferred income
1,250
1,230

38,750
38,730



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
72,300
72,300

72,300
72,300


The bank loan is secured by a fixed and floating charge over the property held by the company.
The total bank loan repayable after five years at the balance sheet date is £72,300 (2023 - £72,300).


8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



9.


Related party transactions

Included within creditors is a balance of £37,000 (2023 - £37,000) which relates to a loan from Orrin Wynter Ltd, a company in which a director is a director and shareholder.


Page 5