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REGISTERED NUMBER: 00487947 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Higher Hacknell Farm Limited

Higher Hacknell Farm Limited (Registered number: 00487947)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Higher Hacknell Farm Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: J M Massey FCA
D J Voller
A J Alexander





REGISTERED OFFICE: Old Printers Yard
156 South Street
Dorking
Surrey
RH4 2HF





REGISTERED NUMBER: 00487947 (England and Wales)





ACCOUNTANTS: Bullimores LLP
Chartered Accountants
Old Printers Yard
156 South Street
Dorking
Surrey
RH4 2HF

Higher Hacknell Farm Limited (Registered number: 00487947)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,210,000 151,293

CURRENT ASSETS
Debtors 5 68,968 63,135
Investments 6 24,140 10,000
93,108 73,135
NET CURRENT ASSETS 93,108 73,135
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,303,108

224,428

PROVISIONS FOR LIABILITIES (268,212 ) -

ACCRUALS AND DEFERRED INCOME (1,245 ) (1,186 )
NET ASSETS 1,033,651 223,242

CAPITAL AND RESERVES
Called up share capital 250,000 250,000
Revaluation reserve 7 804,635 -
Retained earnings (20,984 ) (26,758 )
SHAREHOLDERS' FUNDS 1,033,651 223,242

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Higher Hacknell Farm Limited (Registered number: 00487947)

Balance Sheet - continued
30 June 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 2 October 2024 and were signed on its behalf by:





J M Massey FCA - Director


Higher Hacknell Farm Limited (Registered number: 00487947)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Higher Hacknell Farm 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
The turnover in the profit and loss account represents income due from its trading partnership.

Tangible fixed assets
All fixed assets were initially recorded at cost, but have subsequently been revalued, with the surplus included in the revaluation reserve.

No depreciation is provided on land and freehold property held.

Interest in trading partnership
The 10% interest in the trading partnership ceased during the year due to the death of J J Shaw on 19th October 2023.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST OR VALUATION
At 1 July 2023 151,293
Revaluations 1,058,707
At 30 June 2024 1,210,000
NET BOOK VALUE
At 30 June 2024 1,210,000
At 30 June 2023 151,293

Higher Hacknell Farm Limited (Registered number: 00487947)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 30 June 2024 is represented by:

Freehold
property
£   
Valuation in 2024 1,210,000

If freehold property had not been revalued it would have been included at the following historical cost:

30.6.24 30.6.23
£    £   
Cost 151,293 151,293

Value of land in freehold land and buildings 1,210,000 -

Freehold land and buildings were valued on an open market basis on 19 October 2023 by Greenslade Taylor Hunt .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Amounts owed by group undertakings 61,809 63,135
Other debtors 7,159 -
68,968 63,135

6. CURRENT ASSET INVESTMENTS
30.6.24 30.6.23
£    £   
Trading partnership 24,140 10,000

7. RESERVES
Revaluation
reserve
£   
Revaluation of assets 1,072,847
Deferred tax provision on revaluation (268,212 )

At 30 June 2024 804,635

8. ULTIMATE CONTROLLING PARTY

The controlling party is J J Shaw (deceased).