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REGISTERED NUMBER: 08223911 (England and Wales)






























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HILDON PARK LIMITED

HILDON PARK LIMITED (REGISTERED NUMBER: 08223911)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HILDON PARK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: Mr J C Farley





SECRETARY: Mr P G Roberts





REGISTERED OFFICE: Unit 63
Third Floor Peek House
20 Eastcheap
London
EC3M 1EB





REGISTERED NUMBER: 08223911 (England and Wales)

HILDON PARK LIMITED (REGISTERED NUMBER: 08223911)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 270,833 303,333
Tangible assets 5 6,153 7,595
Investments 6 2 2
276,988 310,930

CURRENT ASSETS
Debtors 7 1,346,965 906,013
Cash at bank 260,381 304,809
1,607,346 1,210,822
CREDITORS
Amounts falling due within one year 8 702,309 639,058
NET CURRENT ASSETS 905,037 571,764
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,182,025

882,694

CREDITORS
Amounts falling due after more than one
year

9

(28,442

)

(48,858

)

PROVISIONS FOR LIABILITIES (1,538 ) (1,899 )
NET ASSETS 1,152,045 831,937

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 1,151,925 831,817
1,152,045 831,937

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

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.

HILDON PARK LIMITED (REGISTERED NUMBER: 08223911)

BALANCE SHEET - continued
31 DECEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 May 2025 and were signed by:





Mr J C Farley - Director


HILDON PARK LIMITED (REGISTERED NUMBER: 08223911)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Hildon Park 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - equal instalments over the lease period
Office equipment - 20% on cost
Website - 25% on cost
Computer equipment - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

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.


HILDON PARK LIMITED (REGISTERED NUMBER: 08223911)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 650,000
AMORTISATION
At 1 January 2024 346,667
Charge for year 32,500
At 31 December 2024 379,167
NET BOOK VALUE
At 31 December 2024 270,833
At 31 December 2023 303,333

HILDON PARK LIMITED (REGISTERED NUMBER: 08223911)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


5. TANGIBLE FIXED ASSETS
Short Office Computer
leasehold equipment Website equipment Totals
£    £    £    £    £   
COST
At 1 January 2024
and 31 December 2024 44,458 14,296 12,471 41,799 113,024
DEPRECIATION
At 1 January 2024 44,458 8,303 12,471 40,197 105,429
Charge for year - 1,017 - 425 1,442
At 31 December 2024 44,458 9,320 12,471 40,622 106,871
NET BOOK VALUE
At 31 December 2024 - 4,976 - 1,177 6,153
At 31 December 2023 - 5,993 - 1,602 7,595

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 324,000
PROVISIONS
At 1 January 2024
and 31 December 2024 323,998
NET BOOK VALUE
At 31 December 2024 2
At 31 December 2023 2

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 258,686 480,686
Other debtors 1,088,279 425,327
1,346,965 906,013

HILDON PARK LIMITED (REGISTERED NUMBER: 08223911)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 22,727 22,727
Trade creditors 178,354 22,390
Amounts owed to group undertakings 2 2
Taxation and social security 138,656 160,615
Other creditors 362,570 433,324
702,309 639,058

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 28,442 48,858

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 55,000 -
Between one and five years 187,916 -
242,916 -

11. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 51,169 71,585

12. RELATED PARTY DISCLOSURES

At the period end the company owed Mr J C Farley £77,969 (2023: £300,216) on his director's loan account.

Included within other debtors is an amount of £947,329 (2023: £204,775) owed by a company in which the director is related.