H C Portfolio Ltd 15173060 false 2023-09-28 2024-09-30 2024-09-30 The principal activity of the company is 68209 Digita Accounts Production Advanced 6.30.9574.0 true 15173060 2023-09-28 2024-09-30 15173060 2024-09-30 15173060 core:RetainedEarningsAccumulatedLosses 2024-09-30 15173060 core:RevaluationReserve 2024-09-30 15173060 core:ShareCapital 2024-09-30 15173060 core:CurrentFinancialInstruments 2024-09-30 15173060 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 15173060 core:FurnitureFittingsToolsEquipment 2024-09-30 15173060 bus:SmallEntities 2023-09-28 2024-09-30 15173060 bus:AuditExemptWithAccountantsReport 2023-09-28 2024-09-30 15173060 bus:FullAccounts 2023-09-28 2024-09-30 15173060 bus:SmallCompaniesRegimeForAccounts 2023-09-28 2024-09-30 15173060 bus:RegisteredOffice 2023-09-28 2024-09-30 15173060 bus:Director1 2023-09-28 2024-09-30 15173060 bus:Director2 2023-09-28 2024-09-30 15173060 bus:PrivateLimitedCompanyLtd 2023-09-28 2024-09-30 15173060 bus:Agent1 2023-09-28 2024-09-30 15173060 core:RevaluationReserve core:LandBuildings 2023-09-28 2024-09-30 15173060 core:FurnitureFittingsToolsEquipment 2023-09-28 2024-09-30 15173060 core:LandBuildings 2023-09-28 2024-09-30 15173060 core:OfficeEquipment 2023-09-28 2024-09-30 15173060 countries:EnglandWales 2023-09-28 2024-09-30 iso4217:GBP xbrli:pure

Registration number: 15173060

H C Portfolio Ltd

Annual Report and Unaudited Financial Statements

for the Period from 28 September 2023 to 30 September 2024

 

H C Portfolio Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

H C Portfolio Ltd

Company Information

Directors

Mrs Leanne Sarah Hardcastle

Mr James David Hardcastle

Registered office

1 Market Hill
Calne
Wiltshire
SN11 0BT

Accountants

RiverView Portfolio Limited 1 Market Hill
Calne
Wiltshire
SN11 0BT

 

H C Portfolio Ltd

(Registration number: 15173060)
Balance Sheet as at 30 September 2024

Note

2024
£

Fixed assets

 

Tangible assets

6

235

Investment property

7

210,000

 

210,235

Current assets

 

Debtors

8

1,262

Cash at bank and in hand

 

2,773

 

4,035

Creditors: Amounts falling due within one year

9

(195,860)

Net current liabilities

 

(191,825)

Total assets less current liabilities

 

18,410

Provisions for liabilities

(8,308)

Net assets

 

10,102

Capital and reserves

 

Called up share capital

1,000

Revaluation reserve

35,417

Retained earnings

(26,315)

Shareholders' funds

 

10,102

For the financial period ending 30 September 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 period 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 prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 26 June 2025 and signed on its behalf by:
 

 

H C Portfolio Ltd

(Registration number: 15173060)
Balance Sheet as at 30 September 2024 (continued)

.........................................
Mrs Leanne Sarah Hardcastle
Director

.........................................
Mr James David Hardcastle
Director

 

H C Portfolio Ltd

Notes to the Unaudited Financial Statements for the Period from 28 September 2023 to 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1 Market Hill
Calne
Wiltshire
SN11 0BT

These financial statements were authorised for issue by the Board on 26 June 2025.

2

Accounting policies

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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office Equipment

25% Straight Line

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.

 

H C Portfolio Ltd

Notes to the Unaudited Financial Statements for the Period from 28 September 2023 to 30 September 2024 (continued)

2

Accounting policies (continued)

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0.

4

Auditors' remuneration

2024
£

Audit of the financial statements

453


 

5

Loss/profit before tax

Arrived at after charging/(crediting)

 

H C Portfolio Ltd

Notes to the Unaudited Financial Statements for the Period from 28 September 2023 to 30 September 2024 (continued)

5

Profit before tax (continued)

2024
£

Depreciation expense

78

6

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

313

313

At 30 September 2024

313

313

Depreciation

Charge for the period

78

78

At 30 September 2024

78

78

Carrying amount

At 30 September 2024

235

235

7

Investment properties

2024
£

Additions

166,275

Fair value adjustments

43,725

At 30 September

210,000

The fair value of the property has been arrived at on the basis of a valuation carried out at that date by the director of the company, who is not a professionally qualified valuer. The valuation was arrived at by reference to the market evidence of transaction prices for similar properties in its location the property is situated

There has been no valuation of investment property by an independent valuer.

8

Debtors

Current

2024
£

Prepayments

1,262

 

1,262

 

H C Portfolio Ltd

Notes to the Unaudited Financial Statements for the Period from 28 September 2023 to 30 September 2024 (continued)

9

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Accruals and deferred income

324

Other creditors

195,536

195,860

10

Reserves

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

Revaluation reserve
£

Total
£

Surplus/deficit on property, plant and equipment revaluation

35,417

35,417