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REGISTERED NUMBER: 09383699 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

H&H PROPERTIES (TELFORD) LIMITED

H&H PROPERTIES (TELFORD) LIMITED (REGISTERED NUMBER: 09383699)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


H&H PROPERTIES (TELFORD) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: H S Duhra
H S Duhra





REGISTERED OFFICE: Harpal House
14 Holyhead Road
Handsworth
Birmingham
West Midlands
B21 0LT





REGISTERED NUMBER: 09383699 (England and Wales)

H&H PROPERTIES (TELFORD) LIMITED (REGISTERED NUMBER: 09383699)

BALANCE SHEET
31 JANUARY 2024

31/1/24 31/1/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 664,994 664,994
Investments 5 7 7
665,001 665,001

CURRENT ASSETS
Debtors 6 102,170 104,920
Cash at bank and in hand 56,095 16,288
158,265 121,208
CREDITORS
Amounts falling due within one year 7 313,888 347,586
NET CURRENT LIABILITIES (155,623 ) (226,378 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

509,378

438,623

CREDITORS
Amounts falling due after more than one
year

8

547,589

493,790
NET LIABILITIES (38,211 ) (55,167 )

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 11 (39,211 ) (56,167 )
SHAREHOLDERS' FUNDS (38,211 ) (55,167 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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&H PROPERTIES (TELFORD) LIMITED (REGISTERED NUMBER: 09383699)

BALANCE SHEET - continued
31 JANUARY 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 27 January 2025 and were signed on its behalf by:





H S Duhra - Director


H&H PROPERTIES (TELFORD) LIMITED (REGISTERED NUMBER: 09383699)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

H&H Properties (Telford) 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
The turnover represents the gross amount of rent receivable

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided

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).

H&H PROPERTIES (TELFORD) LIMITED (REGISTERED NUMBER: 09383699)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 February 2023
and 31 January 2024 664,994
NET BOOK VALUE
At 31 January 2024 664,994
At 31 January 2023 664,994

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
At 1 February 2023
and 31 January 2024 7
NET BOOK VALUE
At 31 January 2024 7
At 31 January 2023 7

The company's investments at the Balance Sheet date in the share capital of companies include the following:

OK LET LIMITED
Registered office:
Nature of business: LETTING AGENTS
%
Class of shares: holding
ORDINARY 50.00
31/1/24 31/1/23
£    £   
Aggregate capital and reserves - 14

IHOMES LETTING LIMITED
Registered office:
Nature of business: ESTATE AGENTS
%
Class of shares: holding
ORDINARY

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/24 31/1/23
£    £   
Other debtors 102,170 104,920

H&H PROPERTIES (TELFORD) LIMITED (REGISTERED NUMBER: 09383699)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/24 31/1/23
£    £   
Trade creditors 2,179 2,052
Tax 23,213 23,213
Other creditors 45,056 45,056
Directors' current accounts 241,818 275,646
Accrued expenses 1,622 1,619
313,888 347,586

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/1/24 31/1/23
£    £   
Bank loans (see note 9) 547,589 493,790

9. LOANS

An analysis of the maturity of loans is given below:

31/1/24 31/1/23
£    £   
Amounts falling due between one and two years:
Bank loans 45,012 37,825

Amounts falling due between two and five years:
Bank loans - 2-5 years 460,474 412,453
Bounce back loan 42,103 43,512
502,577 455,965

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/1/24 31/1/23
value: £    £   
1,000 Ordinary £1 1,000 1,000

11. RESERVES
Retained
earnings
£   

At 1 February 2023 (56,167 )
Profit for the year 16,956
At 31 January 2024 (39,211 )