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REGISTERED NUMBER: 09438921 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Hansmack Properties Limited

Hansmack Properties Limited (Registered number: 09438921)






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


Hansmack Properties Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: K J McKenna
S Hanson





REGISTERED OFFICE: 10 Frederick Street
Birmingham
B1 3HE





REGISTERED NUMBER: 09438921 (England and Wales)





ACCOUNTANTS: Franklins
18 St Christopher's Way
Pride Park
Derby
Derbyshire
DE24 8JY

Hansmack Properties Limited (Registered number: 09438921)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 1,543,095 1,543,095
1,543,095 1,543,095

CURRENT ASSETS
Debtors 6 797 7,551
Cash at bank and in hand 97,861 98,288
98,658 105,839
CREDITORS
Amounts falling due within one year 7 15,718 39,304
NET CURRENT ASSETS 82,940 66,535
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,626,035

1,609,630

CREDITORS
Amounts falling due after more than one
year

8

(894,001

)

(894,001

)

PROVISIONS FOR LIABILITIES (996 ) (996 )
NET ASSETS 731,038 714,633

CAPITAL AND RESERVES
Called up share capital 9 100 100
Non distributable reserve 10 2,988 2,988
Retained earnings 727,950 711,545
SHAREHOLDERS' FUNDS 731,038 714,633

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.

Hansmack Properties Limited (Registered number: 09438921)

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 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 13 March 2025 and were signed on its behalf by:





K J McKenna - Director


Hansmack Properties Limited (Registered number: 09438921)

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

1. STATUTORY INFORMATION

Hansmack Properties 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any surplus or deficit is dealt with via the fair value reserve. No depreciation is provided in respect of investment properties.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2023 - 2 ) .

Hansmack Properties Limited (Registered number: 09438921)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 25,765
DEPRECIATION
At 1 July 2023
and 30 June 2024 25,765
NET BOOK VALUE
At 30 June 2024 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 1,543,095
NET BOOK VALUE
At 30 June 2024 1,543,095
At 30 June 2023 1,543,095

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2023 3,984
Cost 1,539,111
1,543,095

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

2024 2023
£    £   
Cost 1,539,111 1,539,111

Investment property was valued on an open market basis on 30 June 2024 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 622 -
Prepayments and accrued income 175 7,551
797 7,551

Other than as stated under directors loan accounts above , none of the above amounts related to amounts due from the directors or shareholders of the company either directly or indirectly.

Hansmack Properties Limited (Registered number: 09438921)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 1,014
Tax 5,021 5,428
Directors' current accounts 1,798 1,451
Accruals and deferred income 8,899 31,411
15,718 39,304

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other loans - 1-2 years - 2,005
Other loans - 2-5 years - 34,294
Other loans more 5yrs instal 894,001 857,702
894,001 894,001

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 894,001 857,702

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Non
distributable
reserve
£   
At 1 July 2023
and 30 June 2024 2,988

Hansmack Properties Limited (Registered number: 09438921)

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

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
S Hanson
Balance outstanding at start of year - -
Amounts advanced 1,921 2,024
Amounts repaid (1,921 ) (2,024 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

K J McKenna
Balance outstanding at start of year - -
Amounts advanced 1,280 1,524
Amounts repaid (1,280 ) (1,524 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Interest has not been charged on the above loans as at no point did either exceed £10,000.