2 2 Hillingdon Properties Limited 11777235 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is development of real estate Digita Accounts Production Advanced 6.30.9574.0 11777235 2023-01-01 2023-12-31 11777235 2023-12-31 11777235 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 11777235 bus:Micro-entities 2023-01-01 2023-12-31 11777235 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 11777235 bus:FilletedAccounts 2023-01-01 2023-12-31 11777235 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11777235 bus:RegisteredOffice 2023-01-01 2023-12-31 11777235 bus:Director1 2023-01-01 2023-12-31 11777235 bus:Director5 2023-01-01 2023-12-31 11777235 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11777235 countries:EnglandWales 2023-01-01 2023-12-31 11777235 2022-01-01 2022-12-31 11777235 2022-12-31 11777235 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 xbrli:pure iso4217:GBP

Registration number: 11777235

Hillingdon Properties Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Hillingdon Properties Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

2

 

Hillingdon Properties Limited

Company Information

Directors

Mr H L Shah

Miss T M Shah

Registered office

76 Canterbury Road
Croydon
Surrey
CR0 3HA

 

Hillingdon Properties Limited

(Registration number: 11777235)
Balance Sheet as at 31 December 2023

Year Ended 31 December
2023
£

Year Ended 31 December
2022
£

Fixed assets

8,700,000

8,700,000

Current assets

11,276,474

11,286,680

Creditors: Amounts falling due within one year

(30,974,534)

(30,951,650)

Net current liabilities

(19,698,060)

(19,664,970)

Total assets less current liabilities

(10,998,060)

(10,964,970)

Accruals and deferred income

(416,349)

-

 

(11,414,409)

(10,964,970)

Capital and reserves

(11,414,409)

(10,964,970)

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
76 Canterbury Road
Croydon
Surrey
CR0 3HA
England

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The financial statements are presented in Pound Sterling, which is the functional currency of the company.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

 

Hillingdon Properties Limited

(Registration number: 11777235)
Balance Sheet as at 31 December 2023

3

Going concern

The directors of the company are in the process of realising the value of the assets it holds, through a wind-down of its subsidiary. The subsidiary is in an advanced stage of realising the value of the main asset it holds. The company’s subsidiary has provided the company’s creditors with security over an asset the subsidiary owns. Litigation is ongoing on the charges granted over the assets owned by the subsidiary, and the outcome is uncertain. The creditors of the company have been informed of the company’s position, and they are aware that depending on the outcome of the litigation, the company’s assets when realised may not be sufficient to pay the liabilities.
 

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 February 2025 and signed on its behalf by:
 

.........................................
Mr H L Shah
Director