Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-31365529433390822023-11-01falseProperty Investment and Rental Company11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11624785 2023-11-01 2024-10-31 11624785 2022-11-01 2023-10-31 11624785 2024-10-31 11624785 2023-10-31 11624785 3 2023-11-01 2024-10-31 11624785 d:Director1 2023-11-01 2024-10-31 11624785 e:FreeholdInvestmentProperty 2023-11-01 2024-10-31 11624785 e:FreeholdInvestmentProperty 2024-10-31 11624785 e:FreeholdInvestmentProperty 2023-10-31 11624785 e:FreeholdInvestmentProperty 3 2023-11-01 2024-10-31 11624785 e:LeaseholdInvestmentProperty 2023-11-01 2024-10-31 11624785 e:LeaseholdInvestmentProperty 2024-10-31 11624785 e:LeaseholdInvestmentProperty 2023-10-31 11624785 e:LeaseholdInvestmentProperty 3 2023-11-01 2024-10-31 11624785 e:CurrentFinancialInstruments 2024-10-31 11624785 e:CurrentFinancialInstruments 2023-10-31 11624785 e:CurrentFinancialInstruments e:WithinOneYear 2024-10-31 11624785 e:CurrentFinancialInstruments e:WithinOneYear 2023-10-31 11624785 e:ShareCapital 2024-10-31 11624785 e:ShareCapital 2023-10-31 11624785 e:RetainedEarningsAccumulatedLosses 2024-10-31 11624785 e:RetainedEarningsAccumulatedLosses 2023-10-31 11624785 d:FRS102 2023-11-01 2024-10-31 11624785 d:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 11624785 d:FullAccounts 2023-11-01 2024-10-31 11624785 d:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 11624785 2 2023-11-01 2024-10-31 11624785 f:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 11624785









HALL ROAD INVESTMENTS LTD








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
HALL ROAD INVESTMENTS LTD
REGISTERED NUMBER: 11624785

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
1,827,647
1,669,541

Current assets
  

Debtors: amounts falling due within one year
 5 
12,666
7,747

Cash at bank and in hand
 6 
13,811
44,461

  
26,477
52,208

Creditors: amounts falling due within one year
 7 
(1,542,417)
(1,495,261)

Net current liabilities
  
 
 
(1,515,940)
 
 
(1,443,053)

Net assets
  
311,707
226,488


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
311,607
226,388

  
311,707
226,488


Page 1

 
HALL ROAD INVESTMENTS LTD
REGISTERED NUMBER: 11624785
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 March 2025.




Mr B Herman
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
HALL ROAD INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Hall Road Investments Ltd is a private company limited by shares, incorporated in England, United Kingdom.
The address of the registered office is 130 Grove Hall Court, Hall Road, St John's Wood, London, NW8 9NT. The  principal activity of the company  is that of  property investment and property rental.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


Page 3

 
HALL ROAD INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.5

Investment property

Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the profit or loss for the period.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
HALL ROAD INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

4.


Investment property


Freehold investment property
Long term leasehold investment property
Total

£
£
£



Valuation


At 1 November 2023
1,159,014
510,527
1,669,541


Additions at cost
158,106
-
158,106


Transfers between classes
(168,856)
168,856
-



At 31 October 2024
1,148,264
679,383
1,827,647

The 2024 valuations were made by B Herman, Director, on an open market value for existing use basis.





If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
2023
£
£


Historic cost
1,827,647
1,669,541


5.


Debtors

2024
2023
£
£


Trade debtors
6,212
5,901

Other debtors
645
1,026

Prepayments and accrued income
5,809
820

12,666
7,747



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
13,811
44,461


Page 5

 
HALL ROAD INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
82
-

Corporation tax
27,257
21,279

Other taxation and social security
1,891
1,900

Other creditors
1,487,316
1,446,325

Accruals and deferred income
25,871
25,757

1,542,417
1,495,261


 
Page 6