Registered number
13589955
Hyperion Property Investments Ltd
Filleted Accounts
31 August 2024
Hyperion Property Investments Ltd
Registered number: 13589955
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 705,500 705,500
Current assets
Debtors 4 1,710 1,605
Cash at bank and in hand 25,405 22,775
27,115 24,380
Creditors: amounts falling due within one year 5 (205,067) (217,590)
Net current liabilities (177,952) (193,210)
Total assets less current liabilities 527,548 512,290
Creditors: amounts falling due after more than one year 6 (538,388) (538,388)
Net liabilities (10,840) (26,098)
Capital and reserves
Called up share capital 100 100
Profit and loss account (10,940) (26,198)
Shareholders' funds (10,840) (26,098)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Andrea Penny
Director
Approved by the board on 30 January 2025
Hyperion Property Investments Ltd
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 September 2023 705,500
At 31 August 2024 705,500
Depreciation
At 31 August 2024 -
Net book value
At 31 August 2024 705,500
At 31 August 2023 705,500
4 Debtors 2024 2023
£ £
Other debtors 1,710 1,605
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 750 750
Other creditors 204,317 216,840
205,067 217,590
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 538,388 538,388
7 Other information
Hyperion Property Investments Ltd is a private company limited by shares and incorporated in England. Its registered office is:
58 Brooks Road
Sutton Coldfield
B72 1HR
Hyperion Property Investments Ltd 13589955 false 2023-09-01 2024-08-31 2024-08-31 VT Final Accounts April 2024 Andrea Penny No description of principal activity 13589955 2022-09-01 2023-08-31 13589955 core:WithinOneYear 2023-08-31 13589955 core:AfterOneYear 2023-08-31 13589955 core:ShareCapital 2023-08-31 13589955 core:RetainedEarningsAccumulatedLosses 2023-08-31 13589955 2023-09-01 2024-08-31 13589955 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 13589955 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 13589955 bus:Director40 2023-09-01 2024-08-31 13589955 1 2023-09-01 2024-08-31 13589955 2 2023-09-01 2024-08-31 13589955 countries:England 2023-09-01 2024-08-31 13589955 bus:FRS102 2023-09-01 2024-08-31 13589955 bus:FilletedAccounts 2023-09-01 2024-08-31 13589955 2024-08-31 13589955 core:WithinOneYear 2024-08-31 13589955 core:AfterOneYear 2024-08-31 13589955 core:ShareCapital 2024-08-31 13589955 core:RetainedEarningsAccumulatedLosses 2024-08-31 13589955 core:LandBuildings 2024-08-31 13589955 2023-08-31 13589955 core:LandBuildings 2023-08-31 iso4217:GBP xbrli:pure