0 false false false false false false false false false false true false false false false false true No description of principal activity 2023-04-30 Sage Accounts Production Advanced 2023 - FRS102_2023 470,000 470,000 470,000 xbrli:pure xbrli:shares iso4217:GBP 03926336 2023-04-30 2024-04-27 03926336 2024-04-27 03926336 2023-04-29 03926336 2022-04-30 2023-04-29 03926336 2023-04-29 03926336 2022-04-29 03926336 bus:Director1 2023-04-30 2024-04-27 03926336 core:WithinOneYear 2024-04-27 03926336 core:WithinOneYear 2023-04-29 03926336 core:AfterOneYear 2024-04-27 03926336 core:AfterOneYear 2023-04-29 03926336 core:UKTax 2023-04-30 2024-04-27 03926336 core:UKTax 2022-04-30 2023-04-29 03926336 core:ShareCapital 2024-04-27 03926336 core:ShareCapital 2023-04-29 03926336 core:RetainedEarningsAccumulatedLosses 2024-04-27 03926336 core:RetainedEarningsAccumulatedLosses 2023-04-29 03926336 core:RevaluationInvestmentPropertyDeferredTax 2023-04-29 03926336 core:LandBuildings core:OwnedOrFreeholdAssets 2024-04-27 03926336 core:LandBuildings core:OwnedOrFreeholdAssets 2023-04-29 03926336 bus:SmallEntities 2023-04-30 2024-04-27 03926336 bus:AuditExemptWithAccountantsReport 2023-04-30 2024-04-27 03926336 bus:SmallCompaniesRegimeForAccounts 2023-04-30 2024-04-27 03926336 bus:PrivateLimitedCompanyLtd 2023-04-30 2024-04-27 03926336 bus:FullAccounts 2023-04-30 2024-04-27
COMPANY REGISTRATION NUMBER: 03926336
H & D CANTOR PROPERTIES LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
27 April 2024
H & D CANTOR PROPERTIES LIMITED
STATEMENT OF FINANCIAL POSITION
27 April 2024
27 Apr 24
29 Apr 23
Note
£
£
£
FIXED ASSETS
Investment Property
5
470,000
470,000
CURRENT ASSETS
Cash at bank and in hand
5,483
CREDITORS: amounts falling due within one year
6
( 2,794)
( 10,996)
-------
--------
NET CURRENT LIABILITIES
( 2,794)
( 5,513)
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
467,206
464,487
CREDITORS: amounts falling due after more than one year
7
( 66,180)
( 69,733)
PROVISIONS
( 27,560)
( 27,560)
---------
---------
NET ASSETS
373,466
367,194
---------
---------
CAPITAL AND RESERVES
Called up share capital
100
100
Profit and loss account
373,366
367,094
---------
---------
SHAREHOLDERS FUNDS
373,466
367,194
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 27 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
H & D CANTOR PROPERTIES LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
27 April 2024
These financial statements were approved by the board of directors and authorised for issue on 28 February 2025 , and are signed on behalf of the board by:
D Cantor
Director
Company registration number: 03926336
H & D CANTOR PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 30 APRIL 2023 TO 27 APRIL 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 14 Sandmoor Green, Leeds, LS17 7SB.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of rents received, exclusive of Value Added Tax.
Income tax
Deferred Taxation is provided using the liability method on all timing differences that have originated but not reversed at the balance sheet date.
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4. TAX ON PROFIT
Major components of tax expense
Period from
30 Apr 23 to
Year to
27 Apr 24
29 Apr 23
£
£
Current tax:
UK current tax expense
1,023
1,183
-------
-------
Tax on profit
1,023
1,183
-------
-------
Reconciliation of tax expense
The tax assessed on the profit on ordinary activities for the period is higher than (2023: lower than) the standard rate of corporation tax in the UK of - % (2023: 19 %).
Period from
30 Apr 23 to
Year to
27 Apr 24
29 Apr 23
£
£
Profit on ordinary activities before taxation
7,295
6,226
-------
-------
Profit on ordinary activities by rate of tax
1,926
-------
-------
5. INVESTMENT PROPERTY
Investment Property
£
Cost
At 30 April 2023 and 27 April 2024
470,000
---------
Depreciation
At 30 April 2023 and 27 April 2024
---------
Carrying amount
At 27 April 2024
470,000
---------
At 29 April 2023
470,000
---------
6. CREDITORS: amounts falling due within one year
27 Apr 24
29 Apr 23
£
£
Bank loans and overdrafts
3,274
Corporation tax
949
3,022
Other creditors
( 1,429)
7,974
-------
--------
2,794
10,996
-------
--------
7. CREDITORS: amounts falling due after more than one year
27 Apr 24
29 Apr 23
£
£
Bank loans and overdrafts
66,180
69,733
--------
--------
8. DEFERRED TAX
The deferred tax included in the statement of financial position is as follows:
27 Apr 24
29 Apr 23
£
£
Included in provisions
27,560
27,560
--------
--------
The deferred tax account consists of the tax effect of timing differences in respect of:
27 Apr 24
29 Apr 23
£
£
Fair value adjustment of investment property
27,560
----
--------