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REGISTERED NUMBER: 06097840 (England and Wales)















Abridged Financial Statements for the Year Ended 29 February 2024

for

H & H HOUSES LIMITED

H & H HOUSES LIMITED (Registered number: 06097840)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


H & H HOUSES LIMITED

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Mrs T F Hamilton
S E Hodgkinson





SECRETARY: Mrs T F Hamilton





REGISTERED OFFICE: 24 Villa Road
Benfleet
Essex
SS7 5QL





REGISTERED NUMBER: 06097840 (England and Wales)





ACCOUNTANTS: Ashbourne Self-Assessment Services Ltd
Unit 3 Stanley Court
Shearway Business Park
Shearway Road
Folkestone
Kent
CT19 4FJ

H & H HOUSES LIMITED (Registered number: 06097840)

Abridged Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 193 354
Investment property 5 648,000 643,000
648,193 643,354

CURRENT ASSETS
Debtors 863 930
Cash at bank 21,442 19,343
22,305 20,273
CREDITORS
Amounts falling due within one year 119,261 106,666
NET CURRENT LIABILITIES (96,956 ) (86,393 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

551,237

556,961

CREDITORS
Amounts falling due after more than one
year

(243,673

)

(250,869

)

PROVISIONS FOR LIABILITIES 7 (70,310 ) (69,060 )
NET ASSETS 237,254 237,032

CAPITAL AND RESERVES
Called up share capital 8 200 200
Retained earnings 9 237,054 236,832
237,254 237,032

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

H & H HOUSES LIMITED (Registered number: 06097840)

Abridged Balance Sheet - continued
29 February 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 29 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2025 and were signed on its behalf by:





Mrs T F Hamilton - Director


H & H HOUSES LIMITED (Registered number: 06097840)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

H & H HOUSES 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 as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 20% on reducing balance
Computer equipment - 25% on cost

Investment properties
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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 NIL (2023 - NIL).

H & H HOUSES LIMITED (Registered number: 06097840)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023
and 29 February 2024 1,600
DEPRECIATION
At 1 March 2023 1,246
Charge for year 161
At 29 February 2024 1,407
NET BOOK VALUE
At 29 February 2024 193
At 28 February 2023 354

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023 643,000
Revaluations 5,000
At 29 February 2024 648,000
NET BOOK VALUE
At 29 February 2024 648,000
At 28 February 2023 643,000

Fair value at 29 February 2024 is represented by:
£   
Valuation in 2017 460,000
Valuation in 2018 15,000
Valuation in 2019 79,000
Valuation in 2020 28,000
Valuation in 2021 40,000
Valuation in 2022 18,000
Valuation in 2023 3,000
Valuation in 2024 5,000
648,000

If investment properties had not been revalued they would have been included at the following historical cost:

29.2.24 28.2.23
£    £   
Cost 366,761 366,761

Investment properties were valued on an open market basis on 29 February 2024 by the Directors .

H & H HOUSES LIMITED (Registered number: 06097840)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

6. LOANS

An analysis of the maturity of loans is given below:

29.2.24 28.2.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 7,490 7,783

Amounts falling due between one and two years:
Bank loans - 1-2 years 7,490 7,783

Amounts falling due between two and five years:
Bank loans - 2-5 years 236,183 243,086

7. PROVISIONS FOR LIABILITIES
29.2.24 28.2.23
£    £   
Deferred tax 70,310 69,060

Deferred
tax
£   
Balance at 1 March 2023 69,060
Provided during year 1,250
Balance at 29 February 2024 70,310

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number: Class: Nominal 29.2.24 28.2.23
value: £ £

50 Ordinary 'A' £1 50 50

50 Ordinary 'B' £1 50 50

50 Ordinary 'C' £1 50 50

50 Ordinary 'D' £1 50 50
------ ------
200 200
==== ====

H & H HOUSES LIMITED (Registered number: 06097840)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

9. RESERVES
Retained
earnings
£   

At 1 March 2023 236,832
Profit for the year 222
At 29 February 2024 237,054