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REGISTERED NUMBER: 10731190 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

HAYRE PROPERTIES (WM) LTD

HAYRE PROPERTIES (WM) LTD (REGISTERED NUMBER: 10731190)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAYRE PROPERTIES (WM) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: Mrs N K Hayre





REGISTERED OFFICE: Harpal House
14 Holyhead Road
Handsworth
Birmingham
West Midlands
B21 0LT





REGISTERED NUMBER: 10731190 (England and Wales)

HAYRE PROPERTIES (WM) LTD (REGISTERED NUMBER: 10731190)

BALANCE SHEET
31 OCTOBER 2023

31/10/23 31/10/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 465,549 465,549

CURRENT ASSETS
Debtors 5 - 23,642
Cash at bank 19,320 5,976
19,320 29,618
CREDITORS
Amounts falling due within one year 6 206,063 187,900
NET CURRENT LIABILITIES (186,743 ) (158,282 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

278,806

307,267

CREDITORS
Amounts falling due after more than one
year

7

199,168

221,807
NET ASSETS 79,638 85,460

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 79,538 85,360
SHAREHOLDERS' FUNDS 79,638 85,460

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

HAYRE PROPERTIES (WM) LTD (REGISTERED NUMBER: 10731190)

BALANCE SHEET - continued
31 OCTOBER 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 director and authorised for issue on 31 October 2024 and were signed by:





Mrs N K Hayre - Director


HAYRE PROPERTIES (WM) LTD (REGISTERED NUMBER: 10731190)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Hayre Properties (Wm) Ltd 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided

Taxation
Taxation for the year 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 year 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.

3. EMPLOYEES AND DIRECTORS

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

HAYRE PROPERTIES (WM) LTD (REGISTERED NUMBER: 10731190)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 November 2022
and 31 October 2023 465,549
NET BOOK VALUE
At 31 October 2023 465,549
At 31 October 2022 465,549

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/23 31/10/22
£    £   
Inter-Company Account - 4,739
Prepayments - 18,903
- 23,642

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/23 31/10/22
£    £   
Trade creditors 2,755 1,675
Tax 11,682 11,682
VAT 1,470 1,481
Inter-Company Account 17,044 -
Directors' current accounts 172,462 172,462
Accrued expenses 650 600
206,063 187,900

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/10/23 31/10/22
£    £   
Bank loans (see note 8) 199,168 221,807

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 172,552 185,342

HAYRE PROPERTIES (WM) LTD (REGISTERED NUMBER: 10731190)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

8. LOANS

An analysis of the maturity of loans is given below:

31/10/23 31/10/22
£    £   
Amounts falling due between two and five years:
Bounce Back Loan 26,616 36,465

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 172,552 185,342

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/10/23 31/10/22
value: £    £   
100 Oridnary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 November 2022 85,360
Deficit for the year (5,822 )
At 31 October 2023 79,538