Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falsetruefalseNo description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10222721 2023-04-01 2024-03-31 10222721 2022-04-01 2023-03-31 10222721 2024-03-31 10222721 2023-03-31 10222721 c:Director1 2023-04-01 2024-03-31 10222721 d:FreeholdInvestmentProperty 2023-04-01 2024-03-31 10222721 d:FreeholdInvestmentProperty 2024-03-31 10222721 d:FreeholdInvestmentProperty 2023-03-31 10222721 d:CurrentFinancialInstruments 2024-03-31 10222721 d:CurrentFinancialInstruments 2023-03-31 10222721 d:Non-currentFinancialInstruments 2024-03-31 10222721 d:Non-currentFinancialInstruments 2023-03-31 10222721 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 10222721 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10222721 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 10222721 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 10222721 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 10222721 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 10222721 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 10222721 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 10222721 d:ShareCapital 2024-03-31 10222721 d:ShareCapital 2023-03-31 10222721 d:RetainedEarningsAccumulatedLosses 2024-03-31 10222721 d:RetainedEarningsAccumulatedLosses 2023-03-31 10222721 c:OrdinaryShareClass1 2023-04-01 2024-03-31 10222721 c:OrdinaryShareClass1 2024-03-31 10222721 c:OrdinaryShareClass1 2023-03-31 10222721 c:OrdinaryShareClass2 2023-04-01 2024-03-31 10222721 c:OrdinaryShareClass2 2024-03-31 10222721 c:OrdinaryShareClass2 2023-03-31 10222721 c:FRS102 2023-04-01 2024-03-31 10222721 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10222721 c:FullAccounts 2023-04-01 2024-03-31 10222721 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10222721 2 2023-04-01 2024-03-31 10222721 6 2023-04-01 2024-03-31 10222721 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10222721









H&H REAL ESTATE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
H&H REAL ESTATE LIMITED
REGISTERED NUMBER: 10222721

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
190
190

Investment property
 5 
3,723,689
2,178,512

  
3,723,879
2,178,702

Current assets
  

Debtors: amounts falling due within one year
 6 
622,681
1,244,752

Cash at bank and in hand
  
382,888
1,001,858

  
1,005,569
2,246,610

Creditors: amounts falling due within one year
 7 
(260,250)
(520,928)

Net current assets
  
 
 
745,319
 
 
1,725,682

Total assets less current liabilities
  
4,469,198
3,904,384

Creditors: amounts falling due after more than one year
 8 
(13,265)
(23,021)

  

Net assets
  
4,455,933
3,881,363


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
4,455,833
3,881,263

  
4,455,933
3,881,363


Page 1

 
H&H REAL ESTATE LIMITED
REGISTERED NUMBER: 10222721
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 December 2024.



Saleem Khan
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
H&H REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 10222721. The Company's registered office is Sterling House, 71 Francis Road, Edgbaston, Birmingham, United Kingdom, B16 8SP.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

Cash flow
Under Financial Reporting Standard 102, the company is exempt from the requirement to prepare a cash flow statement on the grounds that it qualifies as a small company.

 
2.2

Going concern

The director have prepared the accounts on a going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
H&H REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

 
2.8

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.9

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.10

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
H&H REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
190



At 31 March 2024
190





5.


Investment property


Freehold investment property

£



Valuation


At 1 April 2023
2,178,512


Additions at cost
1,545,177



At 31 March 2024
3,723,689

The 2024 valuations were made by the director, on an open market value for existing use basis.




Page 5

 
H&H REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
450,110
362,666

Other debtors
130,871
842,086

Prepayments and accrued income
41,700
40,000

622,681
1,244,752



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

Amounts owed to group undertakings
-
54,716

Corporation tax
63,887
57,124

Other creditors
183,903
396,628

Accruals and deferred income
2,460
2,460

260,250
520,928



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
13,265
23,021

13,265
23,021


Page 6

 
H&H REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 1-2 years

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 2-5 years

Bank loans
3,265
13,021


3,265
13,021


23,265
33,021



10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



50 (2023 - 50) Ordinary A shares of £1.0 each
50
50
50 (2023 - 50) Ordinary B shares of £1.0 each
50
50

100

100



11.


Transactions with directors

As at the balance sheet date £168,652 (2023: £381,379) was due to the director. The loan is interest free and repayable on demand.

Page 7

 
H&H REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

12.


Related party transactions

As at the balance sheet date £87,443 (2023: £54,716 was due to a subsidiary company) was due from a subsidiary company. The loan is interest free and repayable on demand.

 
Page 8