REGISTERED NUMBER: 11799228 (England and Wales)

Hill Park Homes Limited

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

Mr. H M Patel

Mrs. J Patel

Registered office:

7 Bell Yard

London

WC2A 2JR

Registered number:

11799228 (England and Wales)

Accountants:

AN Accountancy

Accountants

4th Floor

100 Fenchurch Street

London

United Kingdom

EC3M 5JD

Fixed assets

Intangible assets

4

10,663

-

Tangible assets

5

25,241

33,654

Investment property

6

22,507,998

22,229,829

22,543,902

22,263,483

Current assets

Debtors

7

11,322

23,258

Cash at bank

160,962

165,932

172,284

189,190

Creditors

Amounts falling due within one year

8

646,260

691,910

Net current liabilities

(473,976

)

(502,720

)

Total assets less current liabilities

22,069,926

21,760,763

Creditors

Amounts falling due after more than one year

9

(10,988,807

)

(11,010,313

)

Provisions for liabilities

(347,309

)

(279,870

)

Net assets

10,733,810

10,470,580

Capital and reserves

Called up share capital

300

300

Share premium

9,394,094

9,394,094

Fair value reserve

10

1,022,998

814,371

Retained earnings

316,418

261,815

10,733,810

10,470,580

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 24th October 2025 and were signed on its behalf by:

Mr. H M Patel - Director

1.	Statutory information

Hill Park Homes 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 as modified by the revaluation of certain assets.

Turnover

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

Crypto currency

The company holds crypto currency and has opted for revaluation model to account for it.

Under the revaluation model, intangible assets are measured at a revalued amount provided there is an active market for them (which may not be the case for all cryptocurrencies). An ‘active market’ is defined as: ‘A market in which all the following conditions exist: (a) the items traded in the market are homogeneous; (b) willing buyers and sellers can normally be found at any time; and (c) prices are available to the public.’ 5 Where no active market exists for the cryptocurrency, they must be measured under the cost model.

Tangible fixed assets

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

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.

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.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

4.	Intangible fixed assets

Other

intangible

assets

£

Cost

Additions

10,663

At 31st March 2025

10,663

Net book value

At 31st March 2025

10,663

5.	Tangible fixed assets

Motor

vehicles

£

Cost or valuation

At 1st April 2024

and 31st March 2025

56,090

Depreciation

At 1st April 2024

22,436

Charge for year

8,413

At 31st March 2025

30,849

Net book value

At 31st March 2025

25,241

At 31st March 2024

33,654

Cost or valuation at 31st March 2025 is represented by:

Motor

vehicles

£

Valuation in 2020

56,090

6.	Investment property

Total

£

Fair value

At 1st April 2024

22,229,829

Revaluations

278,169

At 31st March 2025

22,507,998

Net book value

At 31st March 2025

22,507,998

At 31st March 2024

22,229,829

The investment properties were valued by the director at fair value as at the 31st March 2025.

The fair value was determined to be that of the open market value.

Fair value at 31st March 2025 is represented by:

£

Valuation in 2025

22,507,998

7.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

10,614

14,744

Other debtors

708

8,514

11,322

23,258

8.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

21,506

9,981

Trade creditors

-

31,226

Taxation and social security

53,638

33,479

Other creditors

571,116

617,224

646,260

691,910

9.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

10,988,807

11,010,313

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans due in more than

five years

10,988,807

10,988,807

10,988,807

10,988,807

10.

Reserves

Fair

value

reserve

£

At 1st April 2024

814,371

Net gain on revaluations

208,627

At 31st March 2025

1,022,998