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REGISTERED NUMBER: 07230857 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

ONE HUNDRED ESTATES LIMITED

ONE HUNDRED ESTATES LIMITED (REGISTERED NUMBER: 07230857)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ONE HUNDRED ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: T P Brennan
Mrs A Brennan





REGISTERED OFFICE: Carlton House
23 Woodhill Avenue
Portishead
Bristol
BS20 7EX





REGISTERED NUMBER: 07230857 (England and Wales)





ACCOUNTANTS: Peregrine
Chartered Accountants
Old Bank
The Triangle
Paulton
Bristol
BS39 7LE

ONE HUNDRED ESTATES LIMITED (REGISTERED NUMBER: 07230857)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22 29
Investment property 5 2,769,876 2,738,337
2,769,898 2,738,366

CURRENT ASSETS
Cash at bank 38,710 51,222

CREDITORS
Amounts falling due within one year 6 907,728 994,769
NET CURRENT LIABILITIES (869,018 ) (943,547 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,900,880 1,794,819

PROVISIONS FOR LIABILITIES 255,266 247,382
NET ASSETS 1,645,614 1,547,437

CAPITAL AND RESERVES
Called up share capital 100 100
None distributable reserve 7 689,074 689,074
Retained earnings 956,440 858,263
SHAREHOLDERS' FUNDS 1,645,614 1,547,437

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

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

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 23 January 2025 and were signed on its behalf by:





T P Brennan - Director


ONE HUNDRED ESTATES LIMITED (REGISTERED NUMBER: 07230857)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

One Hundred Estates 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 represents rents invoiced.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

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

ONE HUNDRED ESTATES LIMITED (REGISTERED NUMBER: 07230857)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 May 2023
and 30 April 2024 1,185
DEPRECIATION
At 1 May 2023 1,156
Charge for year 7
At 30 April 2024 1,163
NET BOOK VALUE
At 30 April 2024 22
At 30 April 2023 29

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023 2,738,337
Revaluations 31,539
At 30 April 2024 2,769,876
NET BOOK VALUE
At 30 April 2024 2,769,876
At 30 April 2023 2,738,337

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2019 2,250,000
Valuation in 2020 47,250
Valuation in 2021 239,524
Valuation in 2022 289,953
Valuation in 2023 (88,390 )
Valuation in 2024 31,539
2,769,876

If Investment property had not been revalued 2024 would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,436,329 1,436,329

Investment property was valued on at fair value basis on 30 April 2024 by the director .

The property has been revalued based on the UK price index to April 2024 at 1.15%

ONE HUNDRED ESTATES LIMITED (REGISTERED NUMBER: 07230857)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 13
Tax 21,770 15,023
Directors' current accounts 884,518 978,293
Accrued expenses 1,440 1,440
907,728 994,769

7. RESERVES
None
distributable
reserve
£   
At 1 May 2023
and 30 April 2024 689,074