Hs Property Law Limited - Filleted accounts

Registered number

15594458

Hs Property Law Limited

Filleted Accounts

31 March 2025

Hs Property Law Limited
Registered number:		15594458
Balance Sheet
as at 31 March 2025

Notes			2025
£
Fixed assets
Tangible assets	3		1,827

Current assets
Debtors	4	28,831
Cash at bank and in hand		19,238
		48,069

Creditors: amounts falling due within one year	5	(14,395)

Net current assets			33,674

Net assets			35,501

Capital and reserves
Called up share capital			100
Profit and loss account			35,401

Shareholder's funds			35,501

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr H Sommer
Director
Approved by the board on 14 August 2025

Hs Property Law Limited
Notes to the Accounts
for the period from 26 March 2024 to 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	15% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2025
Number

	Average number of persons employed by the company		1


3	Tangible fixed assets
				Plant and machinery etc
£
	Cost
	Additions			2,149
	At 31 March 2025			2,149

	Depreciation
	Charge for the period			322
	At 31 March 2025			322

	Net book value
	At 31 March 2025			1,827


4	Debtors		2025
£

	Other debtors		28,831


5	Creditors: amounts falling due within one year		2025
£

	Taxation and social security costs		11,966
	Other creditors		2,429
			14,395


6	Related party transactions

	The director is a related party to the Company. At 31st March, the company owed the related party £1,128.47. The loan is short term, interest free, unsecured and is repayable upon demand.


7	Controlling party

	The Director is the controlling party by virtue of his ownership of the company's issued share capital.


8	Other information

	Hs Property Law Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Holden House
	Holden Road
	Leigh
	Lancs
	WN7 1EX