24 May 2024 false No description of principal activity Taxfiler 2024.6 15739082 business:PrivateLimitedCompanyLtd 2024-05-24 2025-05-31 15739082 2024-05-23 15739082 2024-05-24 2025-05-31 15739082 business:AuditExempt-NoAccountantsReport 2024-05-24 2025-05-31 15739082 business:FilletedAccounts 2024-05-24 2025-05-31 15739082 2025-05-31 15739082 business:Director1 2024-05-24 2025-05-31 15739082 business:Director2 2024-05-24 2025-05-31 15739082 business:RegisteredOffice 2024-05-24 2025-05-31 15739082 core:WithinOneYear 2025-05-31 15739082 core:ShareCapital core:PreviouslyStatedAmount 2025-05-31 15739082 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-05-31 15739082 core:PreviouslyStatedAmount 2025-05-31 15739082 business:SmallEntities 2024-05-24 2025-05-31 15739082 countries:EnglandWales 2024-05-24 2025-05-31 iso4217:GBP xbrli:pure
Company Registration No. 15739082 (England and Wales)
H18 Properties Ltd Unaudited accounts for the period from 24 May 2024 to 31 May 2025
H18 Properties Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
H18 Properties Ltd Company Information for the period from 24 May 2024 to 31 May 2025
Directors
Mr J Hibbitts Mr T J Hibbitts
Company Number
15739082 (England and Wales)
Registered Office
Whitfield House St Johns Road Meadowfield Industrial Estate Durham DH7 8XL United Kingdom
Accountants
Accountants For The Trade (Durham) Ltd Whitfield House St Johns Road Meadowfield Industrial Estate Durham DH7 8XL
- 3 -
H18 Properties Ltd Statement of financial position as at 31 May 2025
2025
Notes
£
Fixed assets
Investment property
4
119,297
Creditors: amounts falling due within one year
5
(144,166)
Net current liabilities
(144,166)
Net liabilities
(24,869)
Capital and reserves
Called up share capital
101
Profit and loss account
(24,970)
Shareholders' funds
(24,869)
For the period ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 March 2026 and were signed on its behalf by
Mr T J Hibbitts Director Company Registration No. 15739082
- 4 -
H18 Properties Ltd Notes to the Accounts for the period from 24 May 2024 to 31 May 2025
1
Statutory information
H18 Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 15739082. The registered office is Whitfield House, St Johns Road, Meadowfield Industrial Estate, Durham, DH7 8XL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the period from 24 May 2024 to 31 May 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 24 May 2024. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2025
£
Additions
119,297
At 31 May 2025
119,297
5
Creditors: amounts falling due within one year
2025
£
Other creditors
119,131
Loans from directors
23,823
Accruals
1,212
144,166
- 5 -
H18 Properties Ltd Notes to the Accounts for the period from 24 May 2024 to 31 May 2025
6
Average number of employees
During the period the average number of employees was 2.
- 6 -