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REGISTERED NUMBER: 08017212 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

HINTON PROPERTIES (MIDLANDS) LIMITED

HINTON PROPERTIES (MIDLANDS) LIMITED (REGISTERED NUMBER: 08017212)






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


HINTON PROPERTIES (MIDLANDS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: J L Hinton
Mrs H L Hinton
J Hinton





REGISTERED OFFICE: The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB





REGISTERED NUMBER: 08017212 (England and Wales)





ACCOUNTANTS: Philip Barnes & Co Limited
Chartered Accountants
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB

HINTON PROPERTIES (MIDLANDS) LIMITED (REGISTERED NUMBER: 08017212)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 37,463 40,364

CURRENT ASSETS
Stocks 490,473 383,902
Debtors 5 1,112,168 908,724
Cash at bank and in hand 18,010 284,322
1,620,651 1,576,948
CREDITORS
Amounts falling due within one year 6 370,540 301,111
NET CURRENT ASSETS 1,250,111 1,275,837
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,287,574

1,316,201

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 1,287,474 1,316,101
SHAREHOLDERS' FUNDS 1,287,574 1,316,201

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 January 2025 and were signed on its behalf by:





J L Hinton - Director


HINTON PROPERTIES (MIDLANDS) LIMITED (REGISTERED NUMBER: 08017212)

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

1. STATUTORY INFORMATION

Hinton Properties (Midlands) 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.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

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.
Plant and machinery - 15% reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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

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

HINTON PROPERTIES (MIDLANDS) LIMITED (REGISTERED NUMBER: 08017212)

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

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 May 2023 13,276 68,833 14,103 96,212
Additions - 648 1,316 1,964
At 30 April 2024 13,276 69,481 15,419 98,176
DEPRECIATION
At 1 May 2023 1,932 45,622 8,294 55,848
Charge for year 266 3,545 1,054 4,865
At 30 April 2024 2,198 49,167 9,348 60,713
NET BOOK VALUE
At 30 April 2024 11,078 20,314 6,071 37,463
At 30 April 2023 11,344 23,211 5,809 40,364

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 58,750 91,429
Other debtors 1,053,418 817,295
1,112,168 908,724

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 267,984 275,270
Taxation and social security 618 1,743
Other creditors 101,938 24,098
370,540 301,111

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

8. RELATED PARTY DISCLOSURES

Other related parties

Amounts due to related parties at the balance sheet date was £87,405 (2023 - £14,261)

Amounts due from related parties at the balance sheet date was £1,050,478 (2023 - £809,697)