REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30 June 2024 |
for |
Higher Hacknell Farm Limited |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
CURRENT ASSETS |
Debtors | 5 |
Investments | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | ( |
) |
ACCRUALS AND DEFERRED INCOME | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve | 7 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
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 were approved by the Board of Directors and authorised for issue on |
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 |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Revaluations |
At 30 June 2024 |
NET BOOK VALUE |
At 30 June 2024 |
At 30 June 2023 |
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 |
Other debtors |
6. | CURRENT ASSET INVESTMENTS |
30.6.24 | 30.6.23 |
£ | £ |
Trading partnership |
7. | RESERVES |
Revaluation |
reserve |
£ |
Revaluation of assets | 1,072,847 |
Deferred tax provision on revaluation | (268,212 | ) |
At 30 June 2024 |
8. | ULTIMATE CONTROLLING PARTY |
The controlling party is J J Shaw (deceased). |