Hg Old Tower Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 14230547

		31 July 2024		31 July 2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		488,161		378,875

			488,161		378,875
CURRENT ASSETS
Debtors	5	-		100
Cash at bank and in hand		8		52,472

		8		52,572
Creditors: Amounts Falling Due Within One Year	6	-		(1,501 )

NET CURRENT ASSETS (LIABILITIES)			8		51,071

TOTAL ASSETS LESS CURRENT LIABILITIES			488,169		429,946

Creditors: Amounts Falling Due After More Than One Year	7		(487,676 )		(437,028 )

NET ASSETS/(LIABILITIES)			493		(7,082 )

CAPITAL AND RESERVES
Called up share capital	8		485		100
Profit and Loss Account			8		(7,182 )

SHAREHOLDERS' FUNDS			493		(7,082)

Page 1

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Hg Old Tower Ltd

Balance Sheet (continued)

As At 31 July 2024

For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Pervaiz Awan

Director

24th September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Hg Old Tower Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14230547 . The registered office is 2.05 6 Butts Court, Leeds, LS1 5JS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

Freehold properties which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 August 2023	378,875
Additions	109,286

As at 31 July 2024	488,161

Net Book Value
As at 31 July 2024	488,161

As at 1 August 2023	378,875

5. Debtors

	31 July 2024	31 July 2023
	£	£
Due within one year
Other debtors	-	100

6. Creditors: Amounts Falling Due Within One Year

	31 July 2024	31 July 2023
	£	£
Trade creditors	-	1
Other creditors	-	1,500

	-	1,501

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Hg Old Tower Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2024

7. Creditors: Amounts Falling Due After More Than One Year

	31 July 2024	31 July 2023
	£	£
Amounts owed to participating interests	487,676	437,028

8. Share Capital

	31 July 2024	31 July 2023
	£	£
Called Up Share Capital not Paid	-	100
Called Up Share Capital has been paid up	485	-

Amount of Allotted, Called Up Share Capital	485	100