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Registration number: 14105450

David Hopkinson Investments Limited

Unaudited Financial Statements

for the Year Ended 31 October 2024

 

David Hopkinson Investments Limited

(Registration number: 14105450)

Balance Sheet as at 31 October 2024

Note

2024
£

2023
£

Fixed assets

 

Investment property

3

1,125,000

1,125,000

Current assets

 

Debtors

4

1,529,899

1,442,831

Cash at bank and in hand

 

41,980

745

 

1,571,879

1,443,576

Creditors: Amounts falling due within one year

5

(624,199)

(594,380)

Net current assets

 

947,680

849,196

Total assets less current liabilities

 

2,072,680

1,974,196

Provisions for liabilities

(98,038)

(73,417)

Net assets

 

1,974,642

1,900,779

Capital and reserves

 

Called up share capital

50

50

Revaluation reserve

6

319,157

343,778

Retained earnings

1,655,435

1,556,951

Shareholders' funds

 

1,974,642

1,900,779

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

 

David Hopkinson Investments Limited

(Registration number: 14105450)

Balance Sheet as at 31 October 2024 (continued)

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 19 June 2025 and signed on its behalf by:
 

.........................................

Christopher John Hopkinson

Director

 

David Hopkinson Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

1

Accounting policies

Statutory information

David Hopkinson Investments Limited is a private company, limited by shares, domiciled in England and Wales, company number 14105450. The registered office is at Common Farm, Thorpe Audlin, Nr Pontefract, WF8 3HE.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

 

David Hopkinson Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024 (continued)

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 4).

3

Investment properties

2024
£

At 1 November 2023

1,125,000

At 31 October 2024

1,125,000

A valuation was undertaken at 31 October 2023 by an independent RICS qualified valuer, SMC Brownhill Vickers. The directors believe that this still reflects the fair value of the property.

4

Debtors

2024
£

2023
£

Trade debtors

302,965

72,000

Amounts owed by related parties

1,214,551

1,295,886

Prepayments

-

895

Other debtors

12,383

74,050

 

1,529,899

1,442,831

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Taxation and social security

412,022

412,022

Accruals and deferred income

25,356

182,358

Other creditors

186,821

-

624,199

594,380

 

David Hopkinson Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024 (continued)

6

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

Fair value reserve
£

Total
£

At 1 November 2023

343,778

343,778

Deferred Tax

(24,621)

(24,621)

At 31 October 2024

319,157

319,157