REGISTERED NUMBER: 06703966 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HINTON RESIDENTIAL LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

M Hinton

SECRETARY:

M Hinton

REGISTERED OFFICE:

Unit 201, Second Floor

Metroline House

118-122 College Road

Harrow

Middlesex

HA1 1BQ

REGISTERED NUMBER:

06703966 (England and Wales)

ACCOUNTANTS:

EV Accountants Limited

Chartered Accountants

Unit 201, Second Floor

Metroline House

118-122 College Road

Harrow

Middlesex

HA1 1BQ

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

68,648

18,525

68,648

18,525

CURRENT ASSETS

Debtors

6

411,085

475,888

Cash at bank and in hand

398,685

657,947

809,770

1,133,835

CREDITORS

Amounts falling due within one year

7

381,877

416,848

NET CURRENT ASSETS

427,893

716,987

TOTAL ASSETS LESS CURRENT LIABILITIES

496,541

735,512

CREDITORS

Amounts falling due after more than one year

8

43,800

-

NET ASSETS

452,741

735,512

CAPITAL AND RESERVES

Called up share capital

9

62

100

Capital redemption reserve

38

-

Retained earnings

452,641

735,412

SHAREHOLDERS' FUNDS

452,741

735,512

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 September 2025 and were signed by:

M Hinton - Director

1.	STATUTORY INFORMATION

Hinton Residential 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.

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.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill has been written off in equal annual instalments over its estimated economic life of 2 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

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.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

17,500

AMORTISATION

At 1 January 2024

and 31 December 2024

17,500

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

Goodwill on purchase of the lettings business, has been capitalised and amortised over 2 years.

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 January 2024

47,375

Additions

57,134

At 31 December 2024

104,509

DEPRECIATION

At 1 January 2024

28,850

Charge for year

7,011

At 31 December 2024

35,861

NET BOOK VALUE

At 31 December 2024

68,648

At 31 December 2023

18,525

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

168,584

175,049

Other debtors

242,501

300,839

411,085

475,888

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

7,693

464

Trade creditors

160,319

206,001

Taxation and social security

56,599

58,525

Other creditors

157,266

151,858

381,877

416,848

Included in trade creditors is £110,933 (2023 - £110,933) in respect of clients funds used by the company, but are due to landlords.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

43,800

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

62

Ordinary

£1

62

100

During the year, the company bought back 38 Ordinary shares of £1 each from one of the shareholders for a

consideration of £301,500.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within other debtors, is an overdrawn directors' loan balance of £163,440 (2023- £210,226). The advance carries an interest rate @ 2.5% per annum.