Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-30falsetrue2023-12-01No description of principal activity2325trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC267997 2023-12-01 2024-11-30 SC267997 2022-12-01 2023-11-30 SC267997 2024-11-30 SC267997 2023-11-30 SC267997 c:CompanySecretary1 2023-12-01 2024-11-30 SC267997 c:Director1 2023-12-01 2024-11-30 SC267997 c:Director2 2023-12-01 2024-11-30 SC267997 c:Director3 2023-12-01 2024-11-30 SC267997 c:Director4 2023-12-01 2024-11-30 SC267997 c:RegisteredOffice 2023-12-01 2024-11-30 SC267997 d:Buildings 2023-12-01 2024-11-30 SC267997 d:PlantMachinery 2023-12-01 2024-11-30 SC267997 d:PlantMachinery 2024-11-30 SC267997 d:PlantMachinery 2023-11-30 SC267997 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 SC267997 d:MotorVehicles 2023-12-01 2024-11-30 SC267997 d:MotorVehicles 2024-11-30 SC267997 d:MotorVehicles 2023-11-30 SC267997 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 SC267997 d:FurnitureFittings 2023-12-01 2024-11-30 SC267997 d:FurnitureFittings 2024-11-30 SC267997 d:FurnitureFittings 2023-11-30 SC267997 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 SC267997 d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 SC267997 d:CurrentFinancialInstruments 2024-11-30 SC267997 d:CurrentFinancialInstruments 2023-11-30 SC267997 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 SC267997 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 SC267997 d:ShareCapital 2024-11-30 SC267997 d:ShareCapital 2023-11-30 SC267997 d:RetainedEarningsAccumulatedLosses 2024-11-30 SC267997 d:RetainedEarningsAccumulatedLosses 2023-11-30 SC267997 c:OrdinaryShareClass1 2023-12-01 2024-11-30 SC267997 c:OrdinaryShareClass1 2024-11-30 SC267997 c:OrdinaryShareClass1 2023-11-30 SC267997 c:FRS102 2023-12-01 2024-11-30 SC267997 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 SC267997 c:FullAccounts 2023-12-01 2024-11-30 SC267997 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 SC267997 6 2023-12-01 2024-11-30 SC267997 e:PoundSterling 2023-12-01 2024-11-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC267997










H & H PROPERTIES (UK) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

 
H & H PROPERTIES (UK) LIMITED
 

COMPANY INFORMATION


Directors
Mr H Al-Saffar 
Mr E Al-Saffar 
Mrs J Al-Saffar 
Ms R Al-Saffar 




Company secretary
Mrs J Al-Saffar



Registered number
SC267997



Registered office
71 Blackness Road

Dundee

DD1 5PD




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
H & H PROPERTIES (UK) LIMITED
REGISTERED NUMBER: SC267997

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
109,902
140,595

Fixed asset investments
  
1,022,362
1,007,685

  
1,132,264
1,148,280

Current assets
  

Stocks
  
24,647,671
25,908,007

Debtors: amounts falling due within one year
 6 
485,503
5,261,619

Cash at bank and in hand
  
11,838,757
6,617,118

  
36,971,931
37,786,744

Creditors: amounts falling due within one year
 7 
(28,685,536)
(29,877,364)

Net current assets
  
 
 
8,286,395
 
 
7,909,380

Total assets less current liabilities
  
9,418,659
9,057,660

Provisions for liabilities
  

Deferred tax
  
(27,476)
(35,149)

  
 
 
(27,476)
 
 
(35,149)

Net assets
  
9,391,183
9,022,511


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
9,391,083
9,022,411

  
9,391,183
9,022,511


Page 1

 
H & H PROPERTIES (UK) LIMITED
REGISTERED NUMBER: SC267997

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 August 2025.




Mr H Al-Saffar
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
H & H PROPERTIES (UK) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

H & H Properties (UK) Limited is a company limited by shares, incorporated in Scotland with registration number SC267997.  The address of the registered office is 71 Blackness Road, Dundee, DD1 5PD.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
H & H PROPERTIES (UK) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


Page 4

 
H & H PROPERTIES (UK) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
Not depreciated
Plant and machinery
-
25%
Motor vehicles
-
25%
Fixtures and fittings
-
15%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Valuation of investments

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

  
2.8

Stocks

Stocks relate to work in progress of the ongoing properties being developed and are stated at the lower of cost and net realisable value. The work in progress includes labour and attributable overheads.

 
2.9

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 23 (2023 - 25).

Page 5

 
H & H PROPERTIES (UK) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 December 2023
350,841
98,548
33,351
482,740


Additions
-
-
3,609
3,609



At 30 November 2024

350,841
98,548
36,960
486,349



Depreciation


At 1 December 2023
237,352
85,221
19,572
342,145


Charge for the year on owned assets
28,374
3,332
2,596
34,302



At 30 November 2024

265,726
88,553
22,168
376,447



Net book value



At 30 November 2024
85,115
9,995
14,792
109,902



At 30 November 2023
113,489
13,327
13,779
140,595


5.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 December 2023
1,007,685


Additions
312,376


Disposals
(602,280)


Revaluations
304,581



At 30 November 2024
1,022,362




Page 6

 
H & H PROPERTIES (UK) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

6.


Debtors

2024
2023
£
£


Trade debtors
3,923
24,739

Other debtors
368,011
5,135,855

Prepayments and accrued income
113,569
101,025

485,503
5,261,619



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other loans
4,542,270
19,542,270

Trade creditors
765,541
608,537

Other taxation and social security
32,526
300,065

Other creditors
23,336,301
8,469,492

Accruals and deferred income
8,898
957,000

28,685,536
29,877,364



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



Page 7