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REGISTERED NUMBER: 12240539 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

HO PROPERTY 4 LIMITED

HO PROPERTY 4 LIMITED (REGISTERED NUMBER: 12240539)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


HO PROPERTY 4 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: Mr H Ovaisi



REGISTERED OFFICE: Unit 3-4
Daltongate Business Centre
Ulverston
Cumbria
LA12 7AJ



REGISTERED NUMBER: 12240539 (England and Wales)



ACCOUNTANTS: J F Hornby & Co
Chartered Accountants
The Tower
Daltongate Business Centre
Daltongate
Ulverston
Cumbria
LA12 7AJ



BANKERS: Barclays Bank
63/67 Terminus Road
Eastbourne
BN21 3NE

HO PROPERTY 4 LIMITED (REGISTERED NUMBER: 12240539)

ABRIDGED BALANCE SHEET
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,523 7,100
Investment property 5 457,807 457,807
459,330 464,907

CURRENT ASSETS
Debtors 61,084 51,968
Cash at bank 138 1,271
61,222 53,239
CREDITORS
Amounts falling due within one year 204,169 193,981
NET CURRENT LIABILITIES (142,947 ) (140,742 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

316,383

324,165

CREDITORS
Amounts falling due after more than one
year

348,750

348,750
NET LIABILITIES (32,367 ) (24,585 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (32,467 ) (24,685 )
SHAREHOLDERS' FUNDS (32,367 ) (24,585 )

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 director acknowledges his 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.

HO PROPERTY 4 LIMITED (REGISTERED NUMBER: 12240539)

ABRIDGED BALANCE SHEET - continued
31 OCTOBER 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 August 2025 and were signed by:





Mr H Ovaisi - Director


HO PROPERTY 4 LIMITED (REGISTERED NUMBER: 12240539)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Ho Property 4 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements have been prepared on the going concern basis.

Turnover
Turnover represents net invoiced rental income as adjusted for accrued income, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2023
and 31 October 2024 21,402
DEPRECIATION
At 1 November 2023 14,302
Charge for year 5,577
At 31 October 2024 19,879
NET BOOK VALUE
At 31 October 2024 1,523
At 31 October 2023 7,100

HO PROPERTY 4 LIMITED (REGISTERED NUMBER: 12240539)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 457,807
NET BOOK VALUE
At 31 October 2024 457,807
At 31 October 2023 457,807

6. SECURED DEBTS

The following secured debts are included within creditors:

31.10.24 31.10.23
£    £   
Aldermore 348,750 -

Aldermore Bank Plc holds a legal charge on the property 2 Calverley Road, Eastbourne, BN21 4SR.

H Ovaisi, the director of the company, holds a legal charge on the property 2 Calverley Road, Eastbourne, BN21 4 SR

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
100 Ordinary £1 100 100

HO PROPERTY 4 LIMITED (REGISTERED NUMBER: 12240539)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

8. RELATED PARTY DISCLOSURES

At 31st January 2025 SO Legal Ltd, a company of which Mr H Ovaisi is a director and shareholder, owed the company £7,484 (2023: £817)

At 31st January 2025 HO Property Ltd, a company of which Mr H Ovaisi is a director and shareholder, owed the company £Nil (2023: £1,000)

At 31st January 2025 HO Property 2 Ltd, a company of which Mr H Ovaisi is a director and shareholder, owed the company £49,400 (2023: £41,400)

At 31st January 2025 HO Property 3 Ltd, a company of which Mr H Ovaisi is a director and shareholder was owed £1,500 (2023: owed by HO Property 3 Ltd £1,500)

At 31st January 2025 HO Property 5 Ltd, a company of which Mr H Ovaisi is a director and shareholder, owed the company £Nil (2023: £3,250)

At 31st January 2025 HO Property 6 Ltd, a company of which Mr H Ovaisi is a director and shareholder, owed the company £Nil (2023: £1,000)

At 31st January 2025 HOHO Properties Ltd, a company of which Mr H Ovaisi is a director and shareholder, owed the company £1,500 (2023: £1,000)

At 31st January 2025 8 Cornfield Terrace Ltd, a company of which Mr H Ovaisi is a director and shareholder, owed the company £2,250 (2023: Nil)

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr H Ovaisi.