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REGISTERED NUMBER: 06468923 (England and Wales)
















HILL PROPERTIES (ESSEX) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 JANUARY 2024 TO 31 MARCH 2025






HILL PROPERTIES (ESSEX) LIMITED (REGISTERED NUMBER: 06468923)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


HILL PROPERTIES (ESSEX) LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025







DIRECTOR: I. Drury





REGISTERED OFFICE: 1, Aster House
Broomfield Road
Elmstead
Colchester
Essex
CO7 7FD





REGISTERED NUMBER: 06468923 (England and Wales)





ACCOUNTANTS: CR Bland Baker Limited
Chartered Accountants
21 Lodge Lane
Grays
Essex
RM17 5RY

HILL PROPERTIES (ESSEX) LIMITED (REGISTERED NUMBER: 06468923)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2025

2025 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,090 8,874
Investment property 5 307,601 1,109,742
308,691 1,118,616

CURRENT ASSETS
Debtors 6 5,385 381,623
Cash at bank and in hand 13,923 54,744
19,308 436,367
CREDITORS
Amounts falling due within one year 7 50,995 576,890
NET CURRENT LIABILITIES (31,687 ) (140,523 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

277,004

978,093

CREDITORS
Amounts falling due after more than one
year

8

142,325

690,523
NET ASSETS 134,679 287,570

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 134,579 287,470
SHAREHOLDERS' FUNDS 134,679 287,570

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 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.

HILL PROPERTIES (ESSEX) LIMITED (REGISTERED NUMBER: 06468923)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2025


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 director and authorised for issue on 30 May 2025 and were signed by:





I. Drury - Director


HILL PROPERTIES (ESSEX) LIMITED (REGISTERED NUMBER: 06468923)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025

1. STATUTORY INFORMATION

Hill Properties (Essex) 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 presentation currency of the financial statements is the Pound Sterling (£).


The company has extended the period end from 31 December 2024 to 31 March 2025.
As a result of this change the comparative amounts presented in these financial statements and the related notes are not entirely comparable.

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 represents net invoiced sales of services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

Investment property
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 period 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 statement of financial position date.


HILL PROPERTIES (ESSEX) LIMITED (REGISTERED NUMBER: 06468923)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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 period was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 23,000
Disposals (20,000 )
At 31 March 2025 3,000
DEPRECIATION
At 1 January 2024 14,126
Charge for period 1,610
Eliminated on disposal (13,826 )
At 31 March 2025 1,910
NET BOOK VALUE
At 31 March 2025 1,090
At 31 December 2023 8,874

HILL PROPERTIES (ESSEX) LIMITED (REGISTERED NUMBER: 06468923)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 1,109,742
Disposals (802,141 )
At 31 March 2025 307,601
NET BOOK VALUE
At 31 March 2025 307,601
At 31 December 2023 1,109,742

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Other debtors 5,385 381,623

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Bank loans and overdrafts 14,200 29,795
Trade creditors 525 -
Taxation and social security 3,481 4,088
Other creditors 32,789 543,007
50,995 576,890

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2025 2023
£    £   
Bank loans 142,325 690,523

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years by
instalments

70,943

96,454

HILL PROPERTIES (ESSEX) LIMITED (REGISTERED NUMBER: 06468923)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2023
£    £   
Bank loans 156,525 720,318

The mortgage loans are secured by charges over the respective properties.

10. CONTINGENT LIABILITIES

The following companies (controlled by the director, I. Drury) have entered into a Composite Accounting Agreement. Each participating company has provided a guarantee to the Bank. Under the terms of the agreement the Bank is authorised to allow set-off for interest purposes and in certain circumstances to seize credit balances and apply them in reduction of liabilities including debit balances within the Composite Accounting System.

R.W.Hill (Piling) Limited
R.W.Hill (Felixstowe) Limited
Hill Piling Limited
Pinch Group Limited
Hill Properties (Essex) Limited