1 August 2023 false Taxfiler 2024.6 04043934business:PrivateLimitedCompanyLtd2023-08-012024-07-31 040439342023-07-31 040439342023-08-012024-07-31 04043934business:AuditExemptWithAccountantsReport2023-08-012024-07-31 04043934business:FilletedAccounts2023-08-012024-07-31 040439342024-07-31 04043934business:Director12023-08-012024-07-31 04043934business:RegisteredOffice2023-08-012024-07-31 040439342023-07-31 04043934core:WithinOneYear2024-07-31 04043934core:WithinOneYear2023-07-31 04043934core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 04043934core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 04043934core:RevaluationReservecore:PreviouslyStatedAmount2024-07-31 04043934core:RevaluationReservecore:PreviouslyStatedAmount2023-07-31 04043934core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 04043934core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 04043934core:PreviouslyStatedAmount2024-07-31 04043934core:PreviouslyStatedAmount2023-07-31 04043934business:SmallEntities2023-08-012024-07-31 04043934countries:EnglandWales2023-08-012024-07-31 04043934core:FurnitureFittings2023-08-012024-07-31 04043934core:ComputerEquipment2023-08-012024-07-31 04043934core:LandBuildings2023-07-31 04043934core:FurnitureFittings2023-07-31 04043934core:ComputerEquipment2023-07-31 04043934core:LandBuildings2023-08-012024-07-31 04043934core:LandBuildings2024-07-31 04043934core:FurnitureFittings2024-07-31 04043934core:ComputerEquipment2024-07-31 04043934business:OrdinaryShareClass12023-08-012024-07-31 04043934business:OrdinaryShareClass12022-08-012023-07-31 040439342022-08-012023-07-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 04043934 (England and Wales)
Hopwas Properties Limited Unaudited accounts for the year ended 31 July 2024
Hopwas Properties Limited Unaudited accounts Contents
Page
- 2 -
Hopwas Properties Limited Company Information for the year ended 31 July 2024
Director
Susan Jean Jenkinson
Company Number
04043934 (England and Wales)
Registered Office
19 Lomond Close Tamworth B79 8ET England
Accountants
Sage Accounting Ltd 19 Lomond Close Tamworth Staffordshire United Kingdom B79 8ET
- 3 -
Hopwas Properties Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
414,996 
315,034 
Current assets
Debtors
525 
490 
Cash at bank and in hand
182,571 
205,454 
183,096 
205,944 
Creditors: amounts falling due within one year
(43,942)
(69,343)
Net current assets
139,154 
136,601 
Total assets less current liabilities
554,150 
451,635 
Provisions for liabilities
Deferred tax
(20,655)
(21,570)
Net assets
533,495 
430,065 
Capital and reserves
Called up share capital
2 
2 
Revaluation reserve
100,000 
- 
Profit and loss account
433,493 
430,063 
Shareholders' funds
533,495 
430,065 
For the year ending 31 July 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 16 December 2024 and were signed on its behalf by
Susan Jean Jenkinson Director Company Registration No. 04043934
- 4 -
Hopwas Properties Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Hopwas Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 04043934. The registered office is 19 Lomond Close, Tamworth, B79 8ET, 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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At valuation 
At cost 
At cost 
At 1 August 2023
314,780 
1,195 
4,147 
320,122 
Revaluations
100,000 
- 
- 
100,000 
At 31 July 2024
414,780 
1,195 
4,147 
420,122 
Depreciation
At 1 August 2023
- 
1,107 
3,981 
5,088 
Charge for the year
- 
13 
25 
38 
At 31 July 2024
- 
1,120 
4,006 
5,126 
Net book value
At 31 July 2024
414,780 
75 
141 
414,996 
At 31 July 2023
314,780 
88 
166 
315,034 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
525 
490 
- 5 -
Hopwas Properties Limited Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,296 
- 
Trade creditors
48 
48 
Taxes and social security
- 
23,112 
Loans from directors
39,483 
44,853 
Accruals
1,115 
1,330 
43,942 
69,343 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -