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REGISTERED NUMBER: 09605021 (England and Wales)















Hodgson Estates Limited

Unaudited Financial Statements for the Year Ended 31 October 2024






Hodgson Estates Limited (Registered number: 09605021)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 8


Hodgson Estates Limited

Company Information
for the Year Ended 31 October 2024







Directors: C J Hodgson FRSA
Mrs C S Hodgson
S A H Fotheringham





Registered office: 28 Carre Street
Sleaford
Lincolnshire
NG34 7TR





Registered number: 09605021 (England and Wales)





Accountants: Rupert King & Company Limited
Stanton House
31 Westgate
Grantham
Lincolnshire
NG31 6LX

Hodgson Estates Limited (Registered number: 09605021)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 6,677 7,476
Investments 5 117,850 117,850
Investment property 6 1,783,972 1,758,972
1,908,499 1,884,298

Current assets
Stocks 371,957 371,957
Debtors 7 50,586 81,626
Investments 8 28,330 16,573
Cash at bank and in hand 42,294 107,612
493,167 577,768
Creditors
Amounts falling due within one year 9 128,086 153,761
Net current assets 365,081 424,007
Total assets less current liabilities 2,273,580 2,308,305

Creditors
Amounts falling due after more than one
year

10

(4,667

)

(12,467

)

Provisions for liabilities 11 (27,786 ) (27,786 )
Net assets 2,241,127 2,268,052

Capital and reserves
Called up share capital 2,000,000 2,000,000
Share premium 12 94,414 94,414
Non-distributable reserves 12 118,455 118,455
Retained earnings 12 28,258 55,183
2,241,127 2,268,052

Hodgson Estates Limited (Registered number: 09605021)

Balance Sheet - continued
31 October 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 July 2025 and were signed on its behalf by:





C J Hodgson FRSA - Director


Hodgson Estates Limited (Registered number: 09605021)

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

1. Statutory information

Hodgson Estates 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.

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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 10% on reducing balance

Investments in subsidiaries and associates
Investments in subsidiary and associate undertakings are recognised at cost.

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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


Hodgson Estates Limited (Registered number: 09605021)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. Accounting policies - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 3 (2023 - 3 ) .

4. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
At 1 November 2023
and 31 October 2024 14,563
Depreciation
At 1 November 2023 7,087
Charge for year 799
At 31 October 2024 7,886
Net book value
At 31 October 2024 6,677
At 31 October 2023 7,476

Hodgson Estates Limited (Registered number: 09605021)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

5. Fixed asset investments

2024 2023
£    £   
Shares in group undertakings 1,000 1,000
Loans to group undertakings 4,150 4,150
Participating interests 110,000 110,000
Other investments not loans 2,700 2,700
117,850 117,850

Additional information is as follows:
Shares in Interest
group in Other
undertakings associate investments Totals
£    £    £    £   
Cost
At 1 November 2023
and 31 October 2024 1,000 110,000 2,700 113,700
Net book value
At 31 October 2024 1,000 110,000 2,700 113,700
At 31 October 2023 1,000 110,000 2,700 113,700
Loans to
group
undertakings
£   
At 1 November 2023
and 31 October 2024 4,150

6. Investment property
Total
£   
Fair value
At 1 November 2023 1,758,972
Additions 25,000
At 31 October 2024 1,783,972
Net book value
At 31 October 2024 1,783,972
At 31 October 2023 1,758,972

Hodgson Estates Limited (Registered number: 09605021)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

6. Investment property - continued

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2019 95,000
Valuation in 2020 2,000
Valuation in 2021 49,241
Cost 1,637,731
1,783,972

7. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 19,582 13,559
Amounts recoverable on contract 10,269 31,995
Other debtors 20,735 36,072
50,586 81,626

8. Current asset investments
2024 2023
£    £   
Loan to associated LLP 28,330 16,573

9. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 8,000 8,200
Trade creditors 65 13,924
Taxation and social security 1,426 1,527
Other creditors 118,595 130,110
128,086 153,761

10. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 4,667 12,467

11. Provisions for liabilities
2024 2023
£    £   
Deferred tax
Other timing differences 27,786 27,786

Hodgson Estates Limited (Registered number: 09605021)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

11. Provisions for liabilities - continued

Deferred
tax
£   
Balance at 1 November 2023 27,786
Balance at 31 October 2024 27,786

12. Reserves
Retained Share Non-distributable
earnings premium reserves Totals
£    £    £    £   

At 1 November 2023 55,183 94,414 118,455 268,052
Deficit for the year (26,925 ) (26,925 )
At 31 October 2024 28,258 94,414 118,455 241,127

13. Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

2024 2023
£    £   
C J Hodgson FRSA
Balance outstanding at start of year 6,202 -
Amounts advanced - 6,202
Amounts repaid (6,202 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 6,202