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Company Registration No. 11910333 (England and Wales)
Highcliffe Luxury Holiday Apartments Ltd Unaudited accounts for the year ended 31 March 2024
Highcliffe Luxury Holiday Apartments Ltd Unaudited accounts Contents
Page
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Highcliffe Luxury Holiday Apartments Ltd Company Information for the year ended 31 March 2024
Director
Kristina Castellina
Company Number
11910333 (England and Wales)
Registered Office
6 Gallant Close Liverpool L25 8AA England
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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Highcliffe Luxury Holiday Apartments Ltd Accountants' report
Accountants' report to the director of Highcliffe Luxury Holiday Apartments Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Highcliffe Luxury Holiday Apartments Ltd for the year ended 31 March 2024 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Highcliffe Luxury Holiday Apartments Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Highcliffe Luxury Holiday Apartments Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Highcliffe Luxury Holiday Apartments Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Highcliffe Luxury Holiday Apartments Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Highcliffe Luxury Holiday Apartments Ltd. You consider that Highcliffe Luxury Holiday Apartments Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Highcliffe Luxury Holiday Apartments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 8 November 2024
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Highcliffe Luxury Holiday Apartments Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,182,546 
1,200,632 
Current assets
Debtors
35,172 
46,188 
Cash at bank and in hand
11,083 
7,280 
46,255 
53,468 
Creditors: amounts falling due within one year
(539,789)
(545,135)
Net current liabilities
(493,534)
(491,667)
Total assets less current liabilities
689,012 
708,965 
Creditors: amounts falling due after more than one year
(730,257)
(632,500)
Provisions for liabilities
Deferred tax
(36,295)
- 
Net (liabilities)/assets
(77,540)
76,465 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
145,181 
145,181 
Profit and loss account
(222,821)
(68,816)
Shareholders' funds
(77,540)
76,465 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 December 2024 and were signed on its behalf by
Kristina Castellina Director Company Registration No. 11910333
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Highcliffe Luxury Holiday Apartments Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Highcliffe Luxury Holiday Apartments Ltd is a private company, limited by shares, registered in England and Wales, registration number 11910333. The registered office is 6 Gallant Close, Liverpool, L25 8AA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
1,142,291 
29,799 
54,393 
1,226,483 
Additions
242 
- 
- 
242 
At 31 March 2024
1,142,533 
29,799 
54,393 
1,226,725 
Depreciation
At 1 April 2023
- 
19,657 
6,194 
25,851 
Charge for the year
- 
7,449 
10,879 
18,328 
At 31 March 2024
- 
27,106 
17,073 
44,179 
Net book value
At 31 March 2024
1,142,533 
2,693 
37,320 
1,182,546 
At 31 March 2023
1,142,291 
10,142 
48,199 
1,200,632 
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Highcliffe Luxury Holiday Apartments Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
3,410 
Amounts due from group undertakings etc.
35,172 
42,778 
35,172 
46,188 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
500 
Trade creditors
- 
31,354 
Amounts owed to group undertakings and other participating interests
516,294 
413,819 
Other creditors
- 
(6)
Loans from directors
22,815 
97,111 
Accruals
680 
2,357 
539,789 
545,135 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
730,257 
332,500 
Other creditors
- 
300,000 
730,257 
632,500 
Aggregate of amounts that fall due for payment after five years
730,257 
632,500 
Mortgages totalling £730,258 are secured on the properties held by the company and personal guarantees from the director has been provided on these mortgages.
8
Deferred taxation
2024 
2023 
£ 
£ 
Revaluation of investment property
36,295 
- 
2024 
2023 
£ 
£ 
Provision at start of year
- 
22,185 
Charged/(credited) to the profit and loss account
36,295 
(22,185)
Provision at end of year
36,295 
- 
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Highcliffe Luxury Holiday Apartments Ltd Notes to the Accounts for the year ended 31 March 2024
9
Transactions with related parties
The company is owed £35,172 from A Moment's Inspiration Limited, a company controlled by Edey Holdings Limited. The company owes £503,467 to Castellina Investments Limited, £8480 to Empress Hall Limited. Both of these companies are controlled by Edey Holdings Limited. The company owes £4345 to Edey Holdings Limited.
10
Controlling party
The company is controlled by Edey Holdings Limited, a company registered in England with a company registration number of 11911083
11
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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