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REGISTERED NUMBER: 10750965 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 January 2024

for

HS Plastering Holdings Limited

HS Plastering Holdings Limited (Registered number: 10750965)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HS Plastering Holdings Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: P W Hudson
Miss M Wesson





SECRETARY: Miss M Wesson





REGISTERED OFFICE: The Mills
Canal Street
Derby
DE1 2RJ





REGISTERED NUMBER: 10750965 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

HS Plastering Holdings Limited (Registered number: 10750965)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 50 50
Investment property 5 1,073,872 1,073,872
1,073,922 1,073,922

CURRENT ASSETS
Debtors 6 260,251 58,786
Cash at bank 78,231 66,107
338,482 124,893
CREDITORS
Amounts falling due within one year 7 142,680 110,142
NET CURRENT ASSETS 195,802 14,751
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,269,724

1,088,673

PROVISIONS FOR LIABILITIES 33,176 33,176
NET ASSETS 1,236,548 1,055,497

CAPITAL AND RESERVES
Called up share capital 50 50
Fair value reserve 8 107,490 107,490
Retained earnings 8 1,129,008 947,957
1,236,548 1,055,497

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

HS Plastering Holdings Limited (Registered number: 10750965)

Balance Sheet - continued
31 January 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2024 and were signed on its behalf by:





P W Hudson - Director


HS Plastering Holdings Limited (Registered number: 10750965)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

HS Plastering Holdings 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about HS Plastering Holdings 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.

Turnover
Turnover represents rents receivable from properties. Turnover is recognised when rentals are due in accordance with the lease terms.

Investment property
Investment property is not depreciated but is revalued annually at its fair value with any surplus or deficit reflected in the profit and loss account. Any aggregate surplus or deficit arising from changes in fair value is transferred to a fair value reserve.

Deferred taxation
Provision is made for current rates for taxation deferred as a result of all material timing differences, including provisions made for potential tax arising on assets which have been revalued.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 February 2023
and 31 January 2024 50
NET BOOK VALUE
At 31 January 2024 50
At 31 January 2023 50

HS Plastering Holdings Limited (Registered number: 10750965)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 1,073,872
NET BOOK VALUE
At 31 January 2024 1,073,872
At 31 January 2023 1,073,872

Fair value at 31 January 2024 is represented by:
£   
Valuation in 2024 1,073,872

If the investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 941,169 941,169
Aggregate depreciation (55,378 ) (36,555 )

The investment property was valued on a fair value basis basis on 31 January 2024 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 200 323
Amounts owed by group undertakings 259,739 58,463
Prepayments 312 -
260,251 58,786

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 1,067 -
Directors' loan accounts 137,242 110,142
Accrued expenses 4,371 -
142,680 110,142

HS Plastering Holdings Limited (Registered number: 10750965)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 February 2023 947,957 107,490 1,055,447
Profit for the year 254,551 254,551
Dividends (73,500 ) (73,500 )
At 31 January 2024 1,129,008 107,490 1,236,498