HURRICANE PROPERTY LIMITED

HURRICANE PROPERTY LIMITED
Contents Page
For the year ended 31 October 2024

Statement of financial position	1
Notes to the financial statements	2

HURRICANE PROPERTY LIMITED
Statement of Financial Position
As at 31 October 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	285,000	285,000
		285,000	285,000
Current assets
Debtors		500	500
Cash at bank and in hand		2,323	7
		2,823	507
Creditors: amount falling due within one year		(29,705)	(24,778)
Net current assets		(26,882)	(24,271)

Total assets less current liabilities		258,118	260,729
Creditors: amount falling due after more than one year		(288,729)	(288,729)
Net assets		(30,611)	(28,000)

Capital and reserves
Profit and loss account		(30,611)	(28,000)
Shareholders' funds		(30,611)	(28,000)

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 16 December 2025 and were signed by:

-------------------------------
Bolaji OLAWEPO
Director

1

HURRICANE PROPERTY LIMITED
Notes to the Abridged Financial Statements
For the year ended 31 October 2024

General Information

HURRICANE PROPERTY LIMITED is a private company, limited by shares, registered in , registration number 14442480, registration address 4 SPEKEHILL, LONDON ENGLAND, SE9 3BN.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

2.	Average number of employees Average number of employees during the year was 0 (2023 : 0).

3.

Tangible fixed assets

Cost or valuation	Investment properties	Total
	£	£
At 01 November 2023	285,000	285,000
Additions	-	-
Disposals	-	-
At 31 October 2024	285,000	285,000
Depreciation
At 01 November 2023	-	-
Charge for year	-	-
On disposals	-	-
At 31 October 2024	-	-
Net book values
Closing balance as at 31 October 2024	285,000	285,000
Opening balance as at 01 November 2023	285,000	285,000

2

Registered Number: 14442480

HURRICANE PROPERTY LIMITED

Abridged Accounts

Period of accounts Start date: 01 November 2023 End date: 31 October 2024