Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-3015099882512468false2023-12-01No description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07419098 2023-12-01 2024-11-30 07419098 2022-12-01 2023-11-30 07419098 2024-11-30 07419098 2023-11-30 07419098 c:Director1 2023-12-01 2024-11-30 07419098 d:OfficeEquipment 2023-12-01 2024-11-30 07419098 d:FreeholdInvestmentProperty 2023-12-01 2024-11-30 07419098 d:FreeholdInvestmentProperty 2024-11-30 07419098 d:FreeholdInvestmentProperty 2023-11-30 07419098 d:LeaseholdInvestmentProperty 2023-12-01 2024-11-30 07419098 d:LeaseholdInvestmentProperty 2024-11-30 07419098 d:LeaseholdInvestmentProperty 2023-11-30 07419098 d:CurrentFinancialInstruments 2024-11-30 07419098 d:CurrentFinancialInstruments 2023-11-30 07419098 d:Non-currentFinancialInstruments 2024-11-30 07419098 d:Non-currentFinancialInstruments 2023-11-30 07419098 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 07419098 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 07419098 d:Non-currentFinancialInstruments d:AfterOneYear 2024-11-30 07419098 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 07419098 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-11-30 07419098 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-11-30 07419098 d:ShareCapital 2024-11-30 07419098 d:ShareCapital 2023-11-30 07419098 d:RetainedEarningsAccumulatedLosses 2024-11-30 07419098 d:RetainedEarningsAccumulatedLosses 2023-11-30 07419098 c:FRS102 2023-12-01 2024-11-30 07419098 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 07419098 c:FullAccounts 2023-12-01 2024-11-30 07419098 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 07419098 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure

Registered number:  07419098














HBM PROPERTIES FM LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024


 
HBM PROPERTIES FM LIMITED
REGISTERED NUMBER: 07419098

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
754,994
1,256,234

  
754,994
1,256,234

Current assets
  

Debtors: amounts falling due within one year
 5 
-
183

Cash at bank and in hand
 6 
12,138
2,858

  
12,138
3,041

Creditors: amounts falling due within one year
 7 
(2,411)
(6,066)

Net current assets/(liabilities)
  
 
 
9,727
 
 
(3,025)

Total assets less current liabilities
  
764,721
1,253,209

Creditors: amounts falling due after more than one year
 8 
(677,418)
(1,211,418)

  

Net assets
  
87,303
41,791


Capital and reserves
  

Called up share capital 
  
4
4

Profit and loss account
  
87,299
41,787

  
87,303
41,791


The director considers 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 director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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.




 
Page 1

 
HBM PROPERTIES FM LIMITED
REGISTERED NUMBER: 07419098
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 August 2025.




P C Hudson
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
HBM PROPERTIES FM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

The company is a private company limited by shares, which is incorporated under the Companies Act 2006 and registered in England (no.07419098). The address of the registered office is 1804 Beetham Tower, 111 Old Hall Street, Liverpool, L3 9BD.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue 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 revenue is recognised:

Rendering of services

Revenue 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 revenue 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

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

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

Page 3

 
HBM PROPERTIES FM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.5

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, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25% Straight Line

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.

 
2.6

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
HBM PROPERTIES FM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2024
        2023
            No.
            No.







Director
1
1


4.


Investment property


Freehold investment property
Long term leasehold investment property
Total

£
£
£



Valuation


At 1 December 2023
249,213
1,007,021
1,256,234


Disposals
-
(501,240)
(501,240)



At 30 November 2024
249,213
505,781
754,994

The 2024 valuations were made by the director, on an open market value for existing use basis.





5.


Debtors

2024
2023
£
£


Trade debtors
-
183

-
183



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
12,138
2,858

12,138
2,858


Page 5

 
HBM PROPERTIES FM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
11
3,666

Accruals and deferred income
2,400
2,400

2,411
6,066



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other loans
677,418
1,211,418

677,418
1,211,418



9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£




Amounts falling due after more than 5 years

Other loans
677,418
1,211,418



10.


Related party transactions

Included within creditors is an amount of £677,418 (2023: £1,211,418) owed to related parties.
All transactions were conducted at an arms length basis.

 
Page 6