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REGISTERED NUMBER: 03571951 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

HANCOCK AND STEWART LTD

HANCOCK AND STEWART LTD (REGISTERED NUMBER: 03571951)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HANCOCK AND STEWART LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: I S Hancock
M R Stone





SECRETARY: G Tank





REGISTERED OFFICE: C/o Jamieson Stone
Windsor House
40/41 Great Castle Street
London
W1W 8LU





REGISTERED NUMBER: 03571951 (England and Wales)





ACCOUNTANTS: Jamieson Stone LLP
Windsor House
40/41 Great Castle Street
London
W1W 8LU

HANCOCK AND STEWART LTD (REGISTERED NUMBER: 03571951)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 - 151,580
Investment property 6 1,470,000 1,470,000
1,470,000 1,621,580

CURRENT ASSETS
Debtors 7 467,692 129,436
Cash at bank 625,236 1,008,527
1,092,928 1,137,963
CREDITORS
Amounts falling due within one year 8 (157,419 ) (135,268 )
NET CURRENT ASSETS 935,509 1,002,695
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,405,509

2,624,275

CREDITORS
Amounts falling due after more than one year 9 (890,880 ) (890,880 )
NET ASSETS 1,514,629 1,733,395

CAPITAL AND RESERVES
Called up share capital 20,000 20,000
Revaluation reserve 806,983 806,983
Retained earnings 687,646 906,412
SHAREHOLDERS' FUNDS 1,514,629 1,733,395

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

HANCOCK AND STEWART LTD (REGISTERED NUMBER: 03571951)

BALANCE SHEET - continued
30 NOVEMBER 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 Board of Directors and authorised for issue on 14 November 2024 and were signed on its behalf by:





I S Hancock - Director


HANCOCK AND STEWART LTD (REGISTERED NUMBER: 03571951)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Hancock And Stewart 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Foreign currencies
Assets and liabilities in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the average rate ruling during the financial year. Exchange differences are taken into account in arriving at the operating profit.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 December 2022
and 30 November 2023 9,732
DEPRECIATION
At 1 December 2022
and 30 November 2023 9,732
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

HANCOCK AND STEWART LTD (REGISTERED NUMBER: 03571951)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 December 2022 151,580
Impairments (151,580 )
At 30 November 2023 -
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 151,580

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 1,470,000
NET BOOK VALUE
At 30 November 2023 1,470,000
At 30 November 2022 1,470,000

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2023 806,983
Cost 663,017
1,470,000

Investment properties were valued on an open market basis by the directors.

7. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Other debtors 467,692 122,692

Amounts falling due after more than one year:
Other debtors - 6,744

Aggregate amounts 467,692 129,436

HANCOCK AND STEWART LTD (REGISTERED NUMBER: 03571951)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax 29,421 55,897
Other creditors 12,360 75,650
Directors' current accounts 60,516 -
Accruals and deferred income 55,122 3,721
157,419 135,268

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans due after 5 years
non-instalments 890,880 890,880
890,880 890,880

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans due after 5 years
non-instalments 890,880 890,880
890,880 890,880

Bank loans and overdrafts are secured by way of fixed charges on the individual investment properties to which they relate, together with floating charges over the remaining assets of the company.