Registered number
14857662
HILLBUTTS PROPERTY MANAGEMENT LIMITED
Unaudited Filleted Accounts
31 May 2024
Haden Chartered Accountants
Rookery Nook
Chapel Lane
Osmington
Dorset
DT3 6ET
HILLBUTTS PROPERTY MANAGEMENT LIMITED
Registered number: 14857662
Balance Sheet
as at 31 May 2024
Notes 2024
£
Fixed assets
Tangible assets 3 26,251
Net current assets -
Net assets 26,251
Capital and reserves
Freehold reserve 4 26,251
26,251
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.
Thelma Mary Neate
Director
Approved by the board on 6 February 2025
HILLBUTTS PROPERTY MANAGEMENT LIMITED
Notes to the Accounts
for the period from 9 May 2023 to 31 May 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
The company did not trade throughout the year. The company is responsible for the management of the property known as The Broads, Pamphill, Wimborne, Dorset BH21 4DR for which it acts as trustee under the Landlord & Tenant Act.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings not depreciated
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.
Provisions
Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024
Number
Average number of persons employed by the company 0
3 Tangible fixed assets
Land and buildings
£
Cost
Additions 26,251
At 31 May 2024 26,251
Depreciation
At 31 May 2024 -
Net book value
At 31 May 2024 26,251
4 Freehold reserve 2024
£
Freehold purchase 26,251
At 31 May 2024 26,251
5 Limited by Guarantee
The company is a private company limited by guarantee without share capital.
6 Controlling party
The company was under the control of its members, who are also lessees.
7 Other information
HILLBUTTS PROPERTY MANAGEMENT LIMITED is a private company limited by guarantee and incorporated in England. Its registered office is:
147 Wareham Road
Corfe Mullen
Wimborne
Dorset
BH21 3LA
HILLBUTTS PROPERTY MANAGEMENT LIMITED 14857662 false 2023-05-09 2024-05-31 2024-05-31 VT Final Accounts July 2024 Thelma Mary Neate No description of principal activity 14857662 2023-05-09 2024-05-31 14857662 bus:EntityHasNeverTraded 2023-05-09 2024-05-31 14857662 bus:CompanyLimitedByGuarantee 2023-05-09 2024-05-31 14857662 bus:AuditExemptWithAccountantsReport 2023-05-09 2024-05-31 14857662 bus:Director40 2023-05-09 2024-05-31 14857662 1 2023-05-09 2024-05-31 14857662 2 2023-05-09 2024-05-31 14857662 countries:England 2023-05-09 2024-05-31 14857662 bus:FRS102 2023-05-09 2024-05-31 14857662 bus:FilletedAccounts 2023-05-09 2024-05-31 14857662 2024-05-31 14857662 core:OtherReservesSubtotal 2024-05-31 14857662 core:RevaluationReserve 2024-05-31 14857662 2023-05-08 iso4217:GBP xbrli:pure