2024-01-01 02103753 2024-12-31 02103753 2024-01-01 2024-12-31 02103753 2023-12-31 02103753 2023-01-01 2023-12-31 02103753 uk-core:WithinOneYear 2023-12-31 02103753 uk-core:WithinOneYear 2024-12-31 02103753 uk-core:AfterOneYear 2023-12-31 02103753 uk-core:AfterOneYear 2024-12-31 02103753 uk-core:ShareCapital 2024-12-31 02103753 uk-core:ShareCapital 2023-12-31 02103753 uk-core:InvestmentPropertiesRevaluationReserve 2024-12-31 02103753 uk-core:InvestmentPropertiesRevaluationReserve 2023-12-31 02103753 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 02103753 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 02103753 uk-bus:Director1 2024-01-01 2024-12-31 02103753 uk-bus:Director2 2024-01-01 2024-12-31 02103753 uk-core:Land 2024-01-01 2024-12-31 02103753 uk-core:PlantMachinery 2024-01-01 2024-12-31 02103753 uk-core:MotorVehicles 2024-01-01 2024-12-31 02103753 uk-core:MotorVehicles 2023-12-31 02103753 uk-core:PlantMachinery 2023-12-31 02103753 uk-core:Land 2023-12-31 02103753 uk-core:Land 2024-12-31 02103753 uk-core:PlantMachinery 2024-12-31 02103753 uk-core:MotorVehicles 2024-12-31 02103753 uk-core:WithinOneYear 2024-12-31 02103753 uk-core:WithinOneYear 2023-12-31 02103753 uk-core:AfterOneYear uk-core:Secured 2024-12-31 02103753 uk-core:AfterOneYear uk-core:Secured 2023-12-31 iso4217:GBP xbrli:pure 02103753 uk-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02103753 uk-bus:FRS102 2024-01-01 2024-12-31 02103753 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 02103753 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Hecticlook Limited
Registered Number:02103753
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
Hecticlook Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
02103753
As at 31 December 2024
Hecticlook Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
1,781,587
1,782,671
2
1,781,587
1,782,671
Current assets
Trade and other receivables
5,000
5,112
3
33,579
Cash and cash equivalents
52,211
57,323
38,579
Trade and other payables: amounts falling due within one
year
(296,039)
(320,806)
4
(257,460)
(263,483)
Net current liabilities
Total assets less current liabilities
1,518,104
1,525,211
Trade and other payables: amounts falling due after more
than one year
(8,500)
(31,100)
5
(10,647)
(10,688)
Provisions for liabilities
1,476,357
Net assets
1,506,023
Capital and reserves
Called up share capital
100
100
Fair value reserve
424,172
424,172
Retained earnings
1,052,085
1,081,751
1,476,357
1,506,023
Shareholders' funds
For the year ended 31 December 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
N Wise Director
D M Wise Director
These financial statements were approved and authorised for issue by the Board on 29 April 2025 and were signed by:
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4
Registered Number :
02103753
For the year ended 31 December 2024
Hecticlook Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 December 2024
Hecticlook Limited
Notes to the Financial Statements
Statutory Information
Hecticlook Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 02103753.
Principal place of business:
9 Admiralty Pier
King Edward VII Drive
Shotley Gate, Ipswich
Suffolk
IP9 1QR
Registered address:
Riverside The Strand
Wherstead
Ipswich
Suffolk
IP2 8NJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Significant judgements and estimates
Revaluation of Investment Properties:The Company carries investment properties at fair value with changes being recognised in the profit & loss account. The Directors have determined fair values on a property-by-property basis at open market value, based on assumptions of expected yield given the location and nature of the property comparable to other known sales or potential sales in the region. Where considered appropriate, the Directors seek formal or informal valuations by land and estate agents.
Property, plant and equipment
Property, plant and equipment are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
Not provided
Plant and Machinery
25% Reducing balance
25% Reducing balance
Motor Vehicles
Investment property
Investment property is shown at fair value with the basis of review being the Directors estimate. Any aggregate surplus or deficit arising from changes in fair value are recognised in the profit & loss account and transferred to a non-distributive reserve.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its Directors. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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6
For the year ended 31 December 2024
Hecticlook Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Motor
Vehicles
Plant and
Machinery
Land and
Buildings
£
£
£
£
Cost or
valuation
At 01 January 2024
1,797,659
61,732
10,806
1,725,121
70,468
67,833
2,635
-
Additions
(61,732)
-
-
Disposals
(61,732)
At 31 December 2024
1,725,121
13,441
67,833
1,806,395
Provision for depreciation and impairment
At 01 January 2024
14,988
9,002
5,986
-
Charge for year
16,958
16,958
-
-
(7,138)
(9,002)
1,864
-
On disposal
At 31 December 2024
24,808
16,958
7,850
-
At 31 December 2024
Net book value
1,725,121
5,591
50,875
1,781,587
At 31 December 2023
1,725,121
4,820
52,730
1,782,671
3. Trade and other receivables
2023
2024
£
£
Trade debtors
5,112
-
Other debtors
-
5,000
5,000
5,112
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
6,000
6,000
Trade creditors
876
1,775
Taxation and social security
7,639
4,751
Other creditors
306,291
283,513
320,806
296,039
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7
For the year ended 31 December 2024
Hecticlook Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
2,500
8,500
Other creditors
28,600
-
31,100
8,500
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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