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REGISTERED NUMBER: 01800547 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Hawthorne Developments Limited

Hawthorne Developments Limited (Registered number: 01800547)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hawthorne Developments Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mrs D M Acaster
Mrs V J Burrows
L Acaster
D K Burrows





REGISTERED OFFICE: The Old Rectory
Rectory Road
Wortham
DISS
Suffolk
IP22 1SL





REGISTERED NUMBER: 01800547 (England and Wales)

Hawthorne Developments Limited (Registered number: 01800547)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 83,001 69,602
Investments 5 250,000 -
Investment property 6 5,287,667 5,152,011
5,620,668 5,221,613

CURRENT ASSETS
Debtors 7 15,925 63,277
Cash at bank 878,889 515,182
894,814 578,459
CREDITORS
Amounts falling due within one year 8 935,021 131,965
NET CURRENT (LIABILITIES)/ASSETS (40,207 ) 446,494
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,580,461

5,668,107

PROVISIONS FOR LIABILITIES 210,599 204,182
NET ASSETS 5,369,862 5,463,925

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 351 351
Fair value reserve 9 675,292 666,440
Retained earnings 4,693,219 4,796,134
5,369,862 5,463,925

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

Hawthorne Developments Limited (Registered number: 01800547)

Balance Sheet - continued
31 December 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 March 2025 and were signed on its behalf by:




Mrs D M Acaster - Director



Mrs V J Burrows - Director


Hawthorne Developments Limited (Registered number: 01800547)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Hawthorne Developments 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

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 Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 NIL (2023 - 4 ).

Hawthorne Developments Limited (Registered number: 01800547)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 10,377 89,781 1,872 102,030
Additions - 52,738 799 53,537
Disposals - (36,840 ) - (36,840 )
At 31 December 2024 10,377 105,679 2,671 118,727
DEPRECIATION
At 1 January 2024 2,480 29,384 564 32,428
Charge for year 1,184 20,562 692 22,438
Eliminated on disposal - (19,140 ) - (19,140 )
At 31 December 2024 3,664 30,806 1,256 35,726
NET BOOK VALUE
At 31 December 2024 6,713 74,873 1,415 83,001
At 31 December 2023 7,897 60,397 1,308 69,602

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 250,000
At 31 December 2024 250,000
NET BOOK VALUE
At 31 December 2024 250,000

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 5,152,011
Additions 1,401,442
Disposals (1,180,000 )
Impairments (85,786 )
At 31 December 2024 5,287,667
NET BOOK VALUE
At 31 December 2024 5,287,667
At 31 December 2023 5,152,011

Hawthorne Developments Limited (Registered number: 01800547)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. INVESTMENT PROPERTY - continued

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2019 3,380,584
Valuation in 2020 1,202,600
Valuation in 2021 316,817
Valuation in 2022 452,212
Valuation in 2023 (200,202 )
Valuation in 2024 135,656
5,287,667

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 2,044 -
Other debtors 13,881 63,277
15,925 63,277

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Payments on account 47,743 45,717
Trade creditors 3,775 52,355
Taxation and social security 19,362 26,552
Other creditors 864,141 7,341
935,021 131,965

9. RESERVES
Fair
value
reserve
£   
At 1 January 2024 666,440
Transfer 8,852

At 31 December 2024 675,292