REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 April 2024 |
for |
Hurstmoor Estates Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 April 2024 |
for |
Hurstmoor Estates Limited |
Hurstmoor Estates Limited (Registered number: 04425496) |
Contents of the Financial Statements |
for the Year Ended 30 April 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Hurstmoor Estates Limited |
Company Information |
for the Year Ended 30 April 2024 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
4 Quex Road |
London |
NW6 4PJ |
Hurstmoor Estates Limited (Registered number: 04425496) |
Balance Sheet |
30 April 2024 |
30.4.24 | 30.4.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings | 7 |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
The financial statements were approved by the director and authorised for issue on |
Hurstmoor Estates Limited (Registered number: 04425496) |
Notes to the Financial Statements |
for the Year Ended 30 April 2024 |
1. | STATUTORY INFORMATION |
Hurstmoor Estates Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
FRS 105 is applicable to entities that meet the definition of a micro-entity and choose to apply the micro-entities regime. It comes into effect for accounting periods beginning on or after 1 January 2016, with early adoption permitted. |
Turnover |
Turnover represents income from property within the U.K. |
Tangible fixed assets and depreciation |
No depreciation has been provided on the company's leasehold investment property, which has been included in the accounts at cost (see note 4 below). |
Office fixtures and equipment have been depreciated on the reducing balance method so as to write off the cost of the assets concerned, net of anticipated disposal proceeds, over their economic life, at 20% per annum on written down value. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 taxation |
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 NIL (2023 - |
Hurstmoor Estates Limited (Registered number: 04425496) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2024 |
4. | TANGIBLE FIXED ASSETS |
Office |
Leasehold | fixtures |
investment | and |
property | equipment | Totals |
£ | £ | £ |
COST |
At 1 May 2023 |
and 30 April 2024 |
DEPRECIATION |
At 1 May 2023 |
Charge for year |
At 30 April 2024 |
NET BOOK VALUE |
At 30 April 2024 |
At 30 April 2023 |
Although no professional revaluation was carried out at the balance sheet date, in the opinion of the directors, the value of the company's leasehold property was approximately equal to its cost, as shown in the balance sheet. |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.24 | 30.4.23 |
£ | £ |
Amount due to related company - A.H. Properties Limited |
Amount paid in advance | 4,375 | 4,375 |
Other Creditors | 14,000 | 14,000 |
Corporation tax |
Other creditors |
Directors' loan account | 2,940 | 3,418 |
Building society loan |
(secured) | 173 | 173 |
Accruals and deferred income |
H.M. Revenue & Customs -VAT | 959 | 7,707 |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.4.24 | 30.4.23 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
Hurstmoor Estates Limited (Registered number: 04425496) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2024 |
7. | RESERVES |
Retained |
earnings |
£ |
At 1 May 2023 |
Profit for the year |
At 30 April 2024 |
8. | RELATED PARTY TRANSACTIONS |
The company is related to A.H. Properties Limited by common directors and shareholders. The inter-company loan account balance sheet date is £124,179, (2022 -£159,179) as shown in note 5 above. |