Caseware UK (AP4) 2024.0.164 2024.0.164 2025-06-30 2025-06-30 Property developments true false 0 2024-07-01 0 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC472709 2024-07-01 2025-06-30 SC472709 2023-07-01 2024-06-30 SC472709 2025-06-30 SC472709 2024-06-30 SC472709 c:Director1 2024-07-01 2025-06-30 SC472709 d:CurrentFinancialInstruments 2025-06-30 SC472709 d:CurrentFinancialInstruments 2024-06-30 SC472709 d:CurrentFinancialInstruments d:WithinOneYear 2025-06-30 SC472709 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 SC472709 d:ShareCapital 2025-06-30 SC472709 d:ShareCapital 2024-06-30 SC472709 d:RetainedEarningsAccumulatedLosses 2024-07-01 2025-06-30 SC472709 d:RetainedEarningsAccumulatedLosses 2025-06-30 SC472709 d:RetainedEarningsAccumulatedLosses 2024-06-30 SC472709 c:OrdinaryShareClass1 2024-07-01 2025-06-30 SC472709 c:OrdinaryShareClass1 2025-06-30 SC472709 c:OrdinaryShareClass1 2024-06-30 SC472709 c:FRS102 2024-07-01 2025-06-30 SC472709 c:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 SC472709 c:FullAccounts 2024-07-01 2025-06-30 SC472709 c:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 SC472709 e:PoundSterling 2024-07-01 2025-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: SC472709 HFD CITY PARK 2 LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 JUNE 2025
HFD CITY PARK 2 LIMITED REGISTERED NUMBER: SC472709 BALANCE SHEET AS AT 30 JUNE 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Current assets |  |  |  |  |
Stocks |  | 945,000 |  | 945,000 |
Debtors: amounts falling due within one year | 5 | 5,621 |  | 90 |
Cash at bank and in hand | 6 | 104 |  | 714 |
|  | 950,725 |  | 945,804 |
Creditors: amounts falling due within one year | 7 | (4,285,369) |  | (4,280,935) |
Net current liabilities |  |  | (3,334,644) |  | (3,335,131)
Net liabilities |  |  | (3,334,644) |  | (3,335,131)
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | 1 |  | 1
Profit and loss account | 9 |  | (3,334,645) |  | (3,335,132)
|  |  | (3,334,644) |  | (3,335,131)
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
Mr S Lewis
Director
Date: 19 March 2026
The notes on pages 2 to 5 form part of these financial statements. Page 1
HFD CITY PARK 2 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1. | General information
HFD City Park 2 Limited (Company number: SC472709) is a private company limited by shares incorporated in Scotland. The registered office is 177 Bothwell Street, Glasgow, G2 7ER. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements for the current period cover the period from 1 July 2024 to 30 June 2025 utilising the 7 day variation to statutory year end for administrative purposes. The prior period accounts are drawn up for the period from 1 June 2023 to 30 June 2024. The following principal accounting policies have been applied:
| 2.2 | Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
| 2.3 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
| 2.4 | Stocks
Work in progress is stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct expenditure and an appropriate portion of fixed and variable overheads incurred during the period of construction. At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss. Page 2
HFD CITY PARK 2 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.5 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.6 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.7 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. | Judgements in applying accounting policies and key sources of estimation uncertainty
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Key sources of estimation uncertainty The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows. Impairment The directors periodically review the carrying value of work in progress for any indicators of impairment. This involves an assessment of the recoverable amount of work in progress, being the higher of the anticipated fair value less cost to sell and its value in use.
4. | Employees
| The Company has no employees other than the directors, who did not receive any remuneration (2024 - £NIL).
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
Page 3
HFD CITY PARK 2 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 5.Debtors (continued)
| Other debtors | 3,715 | 90
| Prepayments and accrued income | 1,906 | -
|  | 5,621 | 90
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 104 | 714
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 106 | 90
| Amounts owed to group undertakings | 4,284,668 | 4,276,343
| Corporation tax | - | 4,352
| Accruals and deferred income | 595 | 150
|  | 4,285,369 | 4,280,935
8. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1 (2024 - 1) Ordinary share of £1.00 | 1 | 1
9. | Reserves
Profit and loss account The profit and loss reserves represents cumulative profits and losses, less any dividends paid. Page 4
HFD CITY PARK 2 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
10. | Related party transactions
| The company has taken advantage of the exemption available in FRS 102 Section 1A whereby it has not disclosed transactions with the immediate parent or any wholly owned subsidiary undertaking of the group.
11. | Controlling party
The Company is a subsidiary of HFD Property Group Limited, the registered office of HFD Property Group Limited is 177 Bothwell Street, Glasgow, G2 7ER. The ultimate controlling party of HFD City Park 2 Limited is HFD Holdco Limited. HFD Holdco Limited is registered in Scotland and the registered address is 177 Bothwell Street, Glasgow, G2 7ER. The smallest group to consolidate the results included in these financial statements is HFD Property Group Limited and largest group to consolidate the results included in these financial statements is HFD Holdco Limited. The consolidated financial statements of HFD Property Group Limited and HFD Holdco Limited are available from Companies House, Crown Way, Cardiff, CF14 3UZ.
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