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REGISTERED NUMBER: 03091676 (England and Wales)















HILLVIEW INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2024






HILLVIEW INVESTMENTS LIMITED (REGISTERED NUMBER: 03091676)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HILLVIEW INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTORS: Mrs V R Asher
Mr J S Law
Mrs C A Du Vergier





SECRETARY: Mrs V R Asher





REGISTERED OFFICE: Second Floor
34 Lime Street
London
EC3M 7AT





REGISTERED NUMBER: 03091676 (England and Wales)





ACCOUNTANTS: Carston ETL
Chartered Accountants
Second Floor
34 Lime Street
London
EC3M 7AT

HILLVIEW INVESTMENTS LIMITED (REGISTERED NUMBER: 03091676)

BALANCE SHEET
30TH SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,314 1,752
Investment property 5 1,877,347 1,877,347
1,878,661 1,879,099

CURRENT ASSETS
Debtors 6 - 3,983
Cash at bank and in hand 278,027 256,800
278,027 260,783
CREDITORS
Amounts falling due within one year 7 25,460 27,156
NET CURRENT ASSETS 252,567 233,627
TOTAL ASSETS LESS CURRENT LIABILITIES 2,131,228 2,112,726

PROVISIONS FOR LIABILITIES 242,754 242,754
NET ASSETS 1,888,474 1,869,972

CAPITAL AND RESERVES
Called up share capital 481,200 481,000
Fair value reserve 995,126 995,126
Retained earnings 412,148 393,846
SHAREHOLDERS' FUNDS 1,888,474 1,869,972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

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 9th May 2025 and were signed on its behalf by:




Mr J S Law - Director


HILLVIEW INVESTMENTS LIMITED (REGISTERED NUMBER: 03091676)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


1. STATUTORY INFORMATION

Hillview Investments 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.

The financial statements are presented in sterling (£) which is the functional currency of the company and rounded to the nearest pound.

The company has investment properties in south east England.

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.

Trade and other debtors/creditors

Trade and other debtors are recognised initially at transaction prices less attributable transaction costs. Subsequent to initial recognition, they are measured at transaction price less any impairment losses. Trade and other creditors are recognised at transaction price plus attributable transaction costs.

Cash and cash equivalents

Cash and cash equivalents comprise of cash balances and deposits.

Turnover
Turnover represents rents receivable during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over 25 years
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment properties are shown at their fair value and revalued annually. any gains or losses are recognised in the statement of Profit or Loss. Deferred taxation is provided on these gains at the rate set on the balance sheet date.

In accordance with FRS 102 no depreciation is provided in respect of freehold properties held as investments. This is a departure from the requirements of the Companies Act 2006 which requires all properties to be depreciated. Such properties are held for investment and not for consumption and the director considers that to depreciate them would not give a true and fair view. Depreciation is only one of the many elements reflected in the annual valuation of properties and accordingly the amount of depreciation which might otherwise have been charged cannot be separately identified or quantified. The director considers that this policy results in the financial statements giving a true and fair view.

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.


HILLVIEW INVESTMENTS LIMITED (REGISTERED NUMBER: 03091676)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1st October 2023
and 30th September 2024 11,750 11,558 6,620 29,928
DEPRECIATION
At 1st October 2023 11,750 11,084 5,342 28,176
Charge for year - 119 319 438
At 30th September 2024 11,750 11,203 5,661 28,614
NET BOOK VALUE
At 30th September 2024 - 355 959 1,314
At 30th September 2023 - 474 1,278 1,752

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st October 2023
and 30th September 2024 1,877,347
NET BOOK VALUE
At 30th September 2024 1,877,347
At 30th September 2023 1,877,347

Fair value at 30th September 2024 is represented by:
£   
Valuation in 2010 837,880
Valuation in 2017 200,000
Valuation in 2018 175,000
Valuation in 2019 80,000
Valuation in 2020 (300,000 )
Valuation in 2021 245,000
Cost 639,467
1,877,347

HILLVIEW INVESTMENTS LIMITED (REGISTERED NUMBER: 03091676)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 3,983

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 9,600
Taxation and social security 10,594 13,165
Other creditors 14,866 4,391
25,460 27,156