| Highsted Property Management Ltd |
| Registered number: |
11632677 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
- |
|
|
79 |
|
| Current assets |
| Debtors |
4 |
|
21,006 |
|
|
26,068 |
| Cash at bank and in hand |
|
|
37 |
|
|
677 |
|
|
|
21,043 |
|
|
26,745 |
|
| Creditors: amounts falling due within one year |
5 |
|
(14,706) |
|
|
(18,767) |
|
| Net current assets |
|
|
|
6,337 |
|
|
7,978 |
|
| Total assets less current liabilities |
|
|
|
6,337 |
|
|
8,057 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(667) |
|
|
(2,667) |
|
|
|
| Net assets |
|
|
|
5,670 |
|
|
5,390 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
5,570 |
|
|
5,290 |
|
| Shareholder's funds |
|
|
|
5,670 |
|
|
5,390 |
|
|
|
|
|
|
|
|
| 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 BF Pike |
| Director |
| Approved by the board on 12 December 2025 |
|
| Highsted Property Management Ltd |
| Notes to the Accounts |
| for the year ended 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). |
|
|
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: |
|
|
Equipment |
25% 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. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
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. No provision for deferred tax has been made since the director is of the opinion that no liability will crystallise in the foreseeable future. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Equipment |
| £ |
|
Cost |
|
At 1 April 2024 |
335 |
|
Disposals |
(335) |
|
At 31 March 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2024 |
256 |
|
On disposals |
(256) |
|
At 31 March 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
- |
|
At 31 March 2024 |
79 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
21,006 |
|
26,068 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
2,000 |
|
2,000 |
|
Taxation and social security costs |
10,888 |
|
15,025 |
|
Other creditors |
1,818 |
|
1,742 |
|
|
|
|
|
|
14,706 |
|
18,767 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
667 |
|
2,667 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Related party transactions |
|
|
During the year the company provided a loan to a connected company, which remained outstanding at the balance sheet date. This outstanding loan balance of £21,006 is included in other debtors. |
|
|
| 8 |
Other information |
|
|
Highsted Property Management Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Golden Wood |
|
Highsted Road |
|
Rodmersham |
|
ME9 0AA |