D. H. J Foot Holdings Limited 12239141 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is Farming, furnished holiday letting and residential letting Digita Accounts Production Advanced 6.30.9574.0 12239141 2023-04-01 2024-03-31 12239141 2024-03-31 12239141 core:RetainedEarningsAccumulatedLosses 2024-03-31 12239141 core:ShareCapital 2024-03-31 12239141 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 12239141 core:FurnitureFittingsToolsEquipment 2024-03-31 12239141 bus:SmallEntities 2023-04-01 2024-03-31 12239141 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 12239141 bus:FilletedAccounts 2023-04-01 2024-03-31 12239141 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 12239141 bus:RegisteredOffice 2023-04-01 2024-03-31 12239141 bus:Director1 2023-04-01 2024-03-31 12239141 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12239141 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 12239141 core:OfficeEquipment 2023-04-01 2024-03-31 12239141 countries:EnglandWales 2023-04-01 2024-03-31 12239141 2023-03-31 12239141 core:FurnitureFittingsToolsEquipment 2023-03-31 12239141 2022-04-01 2023-03-31 12239141 2023-03-31 12239141 core:RetainedEarningsAccumulatedLosses 2023-03-31 12239141 core:ShareCapital 2023-03-31 12239141 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 12239141 core:FurnitureFittingsToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12239141

D. H. J Foot Holdings Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 March 2024

 

D. H. J Foot Holdings Limited

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 7

 

D. H. J Foot Holdings Limited

(Registration number: 12239141)
Abridged Balance Sheet as at 31 March 2024

Note

2024

2023

   

£

£

£

£

Fixed assets

   

 

Tangible assets

4

 

209

 

1,188

Investment property

 

1,610,824

 

1,988,071

   

1,611,033

 

1,989,259

Current assets

   

 

Debtors

428

 

54,985

 

Cash at bank and in hand

 

988,698

 

491,318

 

 

989,126

 

546,303

 

Prepayments and accrued income

 

117

 

362

 

Creditors: Amounts falling due within one year

(322,821)

 

(294,935)

 

Net current assets

   

666,422

 

251,730

Total assets less current liabilities

   

2,277,455

 

2,240,989

Provisions for liabilities

 

(37,119)

 

(54,575)

Accruals and deferred income

   

(3,550)

 

(3,225)

Net assets

   

2,236,786

 

2,183,189

Capital and reserves

   

 

Called up share capital

5

1,672,029

 

1,672,029

 

Profit and loss account

564,757

 

511,160

 

Shareholders' funds

   

2,236,786

 

2,183,189

 

D. H. J Foot Holdings Limited

(Registration number: 12239141)
Abridged Balance Sheet as at 31 March 2024

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 November 2024 and signed on its behalf by:
 

Mr D H J Foot
Director

   
     
 

D. H. J Foot Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Grove
Rax Lane
Bridport
Dorset
DT6 3JL

The principal place of business is:
Nightingale Farm
Higher Halstock
Yeovil
Somerset
BA22 9QZ

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

D. H. J Foot Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

20% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually. The values are determind by the use of observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

D. H. J Foot Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

D. H. J Foot Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2023

1,685

1,685

Additions

220

220

Disposals

(1,685)

(1,685)

At 31 March 2024

220

220

Depreciation

At 1 April 2023

497

497

Charge for the year

11

11

Eliminated on disposal

(497)

(497)

At 31 March 2024

11

11

Carrying amount

At 31 March 2024

209

209

At 31 March 2023

1,188

1,188

Investment properties

2024
£

At 1 April

1,988,071

Disposals

(413,000)

Fair value adjustments

35,753

At 31 March

1,610,824

At 30 November 2020, the fair value of investment property was determined by external, independent property valuers, having appropriate recognised professional qualifications and recent experience in the location and category of the properties being valued.

At 31 March 2024 the fair value of the properties in the financial statements were revised by the director based on his knowledge of the property and documented trends in the local property market. Fair value adjustments in the period have been recognised in the profit and loss account.

 

D. H. J Foot Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £0.01 each

1,449

14

1,449

14

Ordinary A shares of £0.01 each

744

7

744

7

Ordinary B shares of £1 each

1,672,000

1,672,000

1,672,000

1,672,000

Ordinary C shares of £0.01 each

744

7

744

7

1,674,937

1,672,029

1,674,937

1,672,029