IRIS Accounts Production v24.3.2.46 00334193 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh003341932023-03-31003341932024-03-31003341932023-04-012024-03-31003341932022-03-31003341932022-04-012023-03-31003341932023-03-3100334193ns15:EnglandWales2023-04-012024-03-3100334193ns14:PoundSterling2023-04-012024-03-3100334193ns10:Director12023-04-012024-03-3100334193ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3100334193ns10:SmallEntities2023-04-012024-03-3100334193ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3100334193ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3100334193ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3100334193ns10:FullAccounts2023-04-012024-03-3100334193ns10:Director32023-04-012024-03-3100334193ns10:RegisteredOffice2023-04-012024-03-3100334193ns5:CurrentFinancialInstruments2024-03-3100334193ns5:CurrentFinancialInstruments2023-03-3100334193ns5:ShareCapital2024-03-3100334193ns5:ShareCapital2023-03-3100334193ns5:FurtherSpecificReserve3ComponentTotalEquity2024-03-3100334193ns5:FurtherSpecificReserve3ComponentTotalEquity2023-03-3100334193ns5:CostValuation2024-03-3100334193ns5:FurtherSpecificReserve3ComponentTotalEquity2023-03-31
REGISTERED NUMBER: 00334193 (England and Wales)









Financial Statements

for the Year Ended 31 March 2024

for

Hegeston Estates Limited

Hegeston Estates Limited (Registered number: 00334193)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Hegeston Estates Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Miss C Huggett
Miss F Huggett





REGISTERED OFFICE: Parker Cavendish
28 Church Road
Stanmore
Middlesex
HA7 4XR





REGISTERED NUMBER: 00334193 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
28 Church Road
Stanmore
Middlesex
HA7 4XR

Hegeston Estates Limited (Registered number: 00334193)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investments 4 1 1
Investment property 5 396,459 396,459
396,460 396,460

CURRENT ASSETS
Debtors 6 4,927 4,379
Cash at bank and in hand 248,188 287,028
253,115 291,407
CREDITORS
Amounts falling due within one year 7 (17,254 ) (53,859 )
NET CURRENT ASSETS 235,861 237,548
TOTAL ASSETS LESS CURRENT
LIABILITIES

632,321

634,008

PROVISIONS FOR LIABILITIES (4,174 ) (4,174 )
NET ASSETS 628,147 629,834

CAPITAL AND RESERVES
Called up share capital 290 290
Fair value reserve 8 17,794 17,794
Retained earnings 610,063 611,750
SHAREHOLDERS' FUNDS 628,147 629,834

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 February 2025 and were signed on its behalf by:





Miss C Huggett - Director


Hegeston Estates Limited (Registered number: 00334193)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Hegeston 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 gross rents receivable excluding value added tax.

Investments in associates
Investments in associate undertakings are recognised at cost.

Investment properties
Freehold and leasehold Investment properties are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is accounted for in the income statement. The director considers that this policy results in the accounts showing a true and fair view. Depreciation is only one of the factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified nor quantified.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2023 - 1 ) .

4. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 April 2023
and 31 March 2024 1
NET BOOK VALUE
At 31 March 2024 1
At 31 March 2023 1

Hegeston Estates Limited (Registered number: 00334193)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 396,459
NET BOOK VALUE
At 31 March 2024 396,459
At 31 March 2023 396,459

In the opinion of the Director, the valuation of the company's investment properties are not materially different from the amount stated in the financial statements.


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 4,927 4,379

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 2,357 38,789
Other creditors 3,777 3,770
Accruals and deferred income 11,120 11,300
17,254 53,859

8. RESERVES
Fair
value
reserve
£   
At 1 April 2023
and 31 March 2024 17,794