Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312025-05-23falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2022-10-01No description of principal activity11truefalse 14378846 2022-10-01 2024-03-31 14378846 2022-09-27 2022-09-30 14378846 2024-03-31 14378846 2022-09-30 14378846 c:Director1 2022-10-01 2024-03-31 14378846 d:FreeholdInvestmentProperty 2022-10-01 2024-03-31 14378846 d:FreeholdInvestmentProperty 2024-03-31 14378846 d:CurrentFinancialInstruments 2024-03-31 14378846 d:CurrentFinancialInstruments 2022-09-30 14378846 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14378846 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 14378846 d:ShareCapital 2024-03-31 14378846 d:ShareCapital 2022-09-30 14378846 d:RetainedEarningsAccumulatedLosses 2024-03-31 14378846 d:RetainedEarningsAccumulatedLosses 2022-09-30 14378846 c:OrdinaryShareClass1 2022-10-01 2024-03-31 14378846 c:OrdinaryShareClass1 2024-03-31 14378846 c:OrdinaryShareClass1 2022-09-30 14378846 c:FRS102 2022-10-01 2024-03-31 14378846 c:AuditExempt-NoAccountantsReport 2022-10-01 2024-03-31 14378846 c:FullAccounts 2022-10-01 2024-03-31 14378846 c:PrivateLimitedCompanyLtd 2022-10-01 2024-03-31 14378846 e:PoundSterling 2022-10-01 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 14378846









BEDFORD HILL INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
BEDFORD HILL INVESTMENTS LIMITED
REGISTERED NUMBER: 14378846

BALANCE SHEET
AS AT 31 MARCH 2024

31 March
30 September
2024
2022
Note
£
£

Fixed assets
  

Investment property
 4 
2,607,404
-

Current assets
  

Debtors: amounts falling due within one year
 5 
1,181
1

Cash at bank and in hand
 6 
10,376
-

  
11,557
1

Creditors: amounts falling due within one year
 7 
(2,882,786)
-

Net current (liabilities)/assets
  
 
 
(2,871,229)
 
 
1

Total assets less current liabilities
  
(263,825)
1

  

Net (liabilities)/assets
  
(263,825)
1


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
(263,826)
-

Total equity
  
(263,825)
1


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 period 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.
 
Page 1

 
BEDFORD HILL INVESTMENTS LIMITED
REGISTERED NUMBER: 14378846
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024


The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




E J Vantreen
Director

Date: 23 May 2025

The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
BEDFORD HILL INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Bedford Hill Investments Limited is a private company limited by shares and registered in England and Wales. Its registered office address is Aston House, Cornwall Avenue, London, N3 1LF.
The financial statements are presented in Sterling (£).

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

Going concern

After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial
statements.

 
2.3

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.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

Page 3

 
BEDFORD HILL INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers 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 profit or loss.

 
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.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are
Page 4

 
BEDFORD HILL INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.9
Financial instruments (continued)

initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

  
2.10

Share capital

Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.


3.


Employees



The average monthly number of employees, including directors, during the period was 1 (2022 - 1).


4.


Investment property





Freehold investment property

£



Valuation


Additions at cost
2,607,404



At 31 March 2024
2,607,404

The 2024 valuations were made by the director, on an open market value for existing use basis.



Page 5

 
BEDFORD HILL INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024


5.


Debtors

31 March
30 September
2024
2022
£
£


Amounts owed by group undertakings
-
1

Other debtors
1,181
-

1,181
1



6.


Cash and cash equivalents

31 March
30 September
2024
2022
£
£

Cash at bank and in hand
10,376
-



7.


Creditors: Amounts falling due within one year

31 March
30 September
2024
2022
£
£

Other loans
2,857,172
-

Trade creditors
5,446
-

Amounts owed to group undertakings
5,043
-

Accruals and deferred income
15,125
-

2,882,786
-


Other loans of £2,857,172 (2022 - £Nil) are secured against the company's investment properties.

Page 6

 
BEDFORD HILL INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

8.


Share capital

31 March
30 September
2024
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1.00
1
1



9.


Related party transactions

During the period the parent company advanced £25,044 (2022 - £Nil) and was repaid £20,000 (2022 - £Nil). As at the balance sheet date the parent company was owed £5,043 (2022 - owed £1) by the company.


10.


Controlling party

The ultimate parent company is Hisley Property Developments Limited, a company registered in England and Wales. No consolidated financial statements are prepared.
 
Page 7