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REGISTERED NUMBER: 12405452 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 30 September 2024

for

H2K Properties Ltd

H2K Properties Ltd (Registered number: 12405452)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Report of the Director 2

Chartered Accountants' Report 3

Abridged Income Statement 4

Abridged Balance Sheet 5

Statement of Changes in Equity 6

Notes to the Financial Statements 7


H2K Properties Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTOR: Ms H Barry





REGISTERED OFFICE: 10/11 Montpellier Parade
Harrogate
North Yorkshire
HG1 2TJ





REGISTERED NUMBER: 12405452 (England and Wales)





ACCOUNTANTS: Wild & Co Chartered Accountants
Windsor House
Cornwall Road
Harrogate
HG1 2PW

H2K Properties Ltd (Registered number: 12405452)

Report of the Director
for the Year Ended 30 September 2024

The director presents her report with the financial statements of the company for the year ended 30 September 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of property investment.

DIRECTOR
Ms H Barry held office during the whole of the period from 1 October 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Ms H Barry - Director


13 May 2025

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
H2K Properties Ltd


In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of H2K Properties Ltd for the year ended 30 September 2024 which comprise the Abridged Income Statement, Abridged Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of H2K Properties Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of H2K Properties Ltd and state those matters that we have agreed to state to the director of H2K Properties Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than H2K Properties Ltd and its director for our work or for this report.

It is your duty to ensure that H2K Properties Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of H2K Properties Ltd. You consider that H2K Properties Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of H2K Properties Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wild & Co Chartered Accountants
Windsor House
Cornwall Road
Harrogate
HG1 2PW


13 May 2025

H2K Properties Ltd (Registered number: 12405452)

Abridged Income Statement
for the Year Ended 30 September 2024

30.9.24 30.9.23
Notes £    £   

GROSS PROFIT 21,098 20,100

Administrative expenses 6,019 8,760
OPERATING PROFIT 15,079 11,340

Interest receivable and similar income 1 -
15,080 11,340

Interest payable and similar expenses 4 125 -
PROFIT BEFORE TAXATION 14,955 11,340

Tax on profit 5 3,644 680
PROFIT FOR THE FINANCIAL YEAR 11,311 10,660

H2K Properties Ltd (Registered number: 12405452)

Abridged Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 6 593,995 593,995

CURRENT ASSETS
Cash at bank 825 4,417

CREDITORS
Amounts falling due within one year 580,509 595,412
NET CURRENT LIABILITIES (579,684 ) (590,995 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,311

3,000

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 14,211 2,900
SHAREHOLDERS' FUNDS 14,311 3,000

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 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 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

The financial statements were approved by the director and authorised for issue on 13 May 2025 and were signed by:





Ms H Barry - Director


H2K Properties Ltd (Registered number: 12405452)

Statement of Changes in Equity
for the Year Ended 30 September 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 October 2022 100 (7,760 ) (7,660 )

Changes in equity
Total comprehensive income - 10,660 10,660
Balance at 30 September 2023 100 2,900 3,000

Changes in equity
Total comprehensive income - 11,311 11,311
Balance at 30 September 2024 100 14,211 14,311

H2K Properties Ltd (Registered number: 12405452)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

H2K Properties Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Valuations
The fair value of investment property is determined using the director's valuation technique, which considers market conditions, comparable sales, and other relevant factors.

3. EMPLOYEES AND DIRECTORS

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

4. INTEREST PAYABLE AND SIMILAR EXPENSES
30.9.24 30.9.23
£    £   
HMRC fees non-allowable 125 -

H2K Properties Ltd (Registered number: 12405452)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
30.9.24 30.9.23
£    £   
Current tax:
UK corporation tax 3,644 680
Tax on profit 3,644 680

UK corporation tax has been charged at 19% .

6. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023
and 30 September 2024 593,995
NET BOOK VALUE
At 30 September 2024 593,995
At 30 September 2023 593,995

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
Ms H Barry
Balance outstanding at start of year (187,091 ) (187,091 )
Amounts advanced 174,091 -
Amounts repaid 13,000 -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - (187,091 )

8. RELATED PARTY DISCLOSURES

As at 30 September 2024, the Company owed H2K Holdings Limited £418,381. Hazel Barry is a common director of both companies. The loan is interest free and repayable on demand.

As at 30 September 2024, the Company owed H2K Limited £157,404. Hazel Barry is a common director of both companies. The loan is interest free and repayable on demand.