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REGISTERED NUMBER: 00760812 (England and Wales)















Unaudited Financial Statements for the Year Ended 5 April 2024

for

H.Tweed Investments (Hull) Limited

H.Tweed Investments (Hull) Limited (Registered number: 00760812)






Contents of the Financial Statements
for the Year Ended 5 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


H.Tweed Investments (Hull) Limited

Company Information
for the Year Ended 5 April 2024







DIRECTORS: R. W. Tweed
J. W. Tweed
Miss H. Tweed
Miss B. Tweed





SECRETARY: Mrs. B. Tweed





REGISTERED OFFICE: 464 Anlaby Road
Hull
East Yorkshire
HU3 6QR





REGISTERED NUMBER: 00760812 (England and Wales)





ACCOUNTANTS: C. Hart & Company (Hull) Limited
74 Kenilworth Avenue
Hull
HU5 4BH

H.Tweed Investments (Hull) Limited (Registered number: 00760812)

Balance Sheet
5 April 2024

5.4.24 5.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 838,278 858,497

CURRENT ASSETS
Debtors 5 183,977 44,640
Cash at bank and in hand 106,290 249,558
290,267 294,198
CREDITORS
Amounts falling due within one year 6 59,975 53,621
NET CURRENT ASSETS 230,292 240,577
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,068,570

1,099,074

PROVISIONS FOR LIABILITIES 102,615 102,615
NET ASSETS 965,955 996,459

CAPITAL AND RESERVES
Called up share capital 6,000 6,000
Revaluation reserve 7 103,028 103,028
Retained earnings 856,927 887,431
965,955 996,459

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2024 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.

H.Tweed Investments (Hull) Limited (Registered number: 00760812)

Balance Sheet - continued
5 April 2024


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 13 December 2024 and were signed on its behalf by:





J. W. Tweed - Director


H.Tweed Investments (Hull) Limited (Registered number: 00760812)

Notes to the Financial Statements
for the Year Ended 5 April 2024

1. STATUTORY INFORMATION

H.Tweed Investments (Hull) Limited 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.

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.
Land and buildings - at varying rates on cost
Plant and machinery etc - 25% on cost and 20% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

H.Tweed Investments (Hull) Limited (Registered number: 00760812)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST OR VALUATION
At 6 April 2023
and 5 April 2024 1,010,966 15,609 57,556 1,084,131
DEPRECIATION
At 6 April 2023 152,469 15,609 57,556 225,634
Charge for year 20,219 - - 20,219
At 5 April 2024 172,688 15,609 57,556 245,853
NET BOOK VALUE
At 5 April 2024 838,278 - - 838,278
At 5 April 2023 858,497 - - 858,497

Cost or valuation at 5 April 2024 is represented by:

Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
Valuation in 2021 56,324 - - 56,324
Valuation in 2020 533,449 - - 533,449
Cost 421,193 15,609 57,556 494,358
1,010,966 15,609 57,556 1,084,131

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

5.4.24 5.4.23
£    £   
Cost 421,193 421,193
Aggregate depreciation 67,328 67,328

Freehold land and buildings were valued on an open market basis on 5 April 2021 by Mr. J. W. Tweed .

H.Tweed Investments (Hull) Limited (Registered number: 00760812)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Trade debtors 3,794 -
Directors' current accounts 180,183 44,640
183,977 44,640

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Trade creditors 764 1,151
Tax 22,433 17,336
Social security and other taxes 546 240
Other creditors 2,989 4,052
Directors' current accounts 31,243 28,842
Accrued expenses 2,000 2,000
59,975 53,621

7. RESERVES
Revaluatio
reserve
£   
At 6 April 2023
and 5 April 2024 103,028

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 5 April 2024 and 5 April 2023:

5.4.24 5.4.23
£    £   
R. W. Tweed
Balance outstanding at start of year 44,640 58,848
Amounts advanced 192,243 44,692
Amounts repaid (56,700 ) (58,900 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 180,183 44,640