Registered number
02209279
Halton Property Management Limited
Filleted Accounts
30 September 2024
Halton Property Management Limited
Registered number: 02209279
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Investment properties 3 577,000 577,000
Investments 4 10,680 10,680
587,680 587,680
Current assets
Debtors 5 27,783 5,491
Cash at bank and in hand 5,553 14,752
33,336 20,243
Creditors: amounts falling due within one year 6 (80,439) (100,274)
Net current liabilities (47,103) (80,031)
Total assets less current liabilities 540,577 507,649
Provisions for liabilities (12,680) (12,680)
Net assets 527,897 494,969
Capital and reserves
Called up share capital 102 102
Share premium 50 50
Revaluation reserve 7 341,197 341,197
Profit and loss account 186,548 153,620
Shareholders' funds 527,897 494,969
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr M Halton
Director
Approved by the board on 17 June 2025
Halton Property Management Limited
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes rentall income from investment properties held.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Investments properties
Land and buildings
£
Cost
At 1 October 2023 577,000
At 30 September 2024 577,000
Depreciation
At 30 September 2024 -
Net book value
At 30 September 2024 577,000
At 30 September 2023 577,000
Freehold land and buildings: 2024 2023
£ £
Historical cost 314,834 314,834
Cumulative depreciation based on historical cost 36,564 36,564
278,270 278,270
The freehold investment properties were revalued by the company directors at 30th September 2021

Valuations are considered to represent open market value, based on a multiple of rental income.
4 Investments
Other
investments
£
Cost
At 1 October 2023 10,680
At 30 September 2024 10,680
5 Debtors 2024 2023
£ £
Trade debtors 2,810 2,302
Other debtors 24,973 3,189
27,783 5,491
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 9,856 1,230
Amounts owed to group undertakings and undertakings in which the company has a participating interest 54,051 68,051
Taxation and social security costs 3,381 11,941
Other creditors 13,151 19,052
80,439 100,274
7 Revaluation reserve 2024 2023
£ £
At 1 October 2023 341,197 341,197
At 30 September 2024 341,197 341,197
8 Controlling party
The company is controlled by its directors
9 Other information
Halton Property Management Limited is a private company limited by shares and incorporated in England. Its registered office is:
B3 Kingfisher House
Kingsway
Gateshead
Tyne and Wear
NE11 0JQ
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