J R HARDY PROPERTIES LTD

Company Registration Number:
09182151 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

J R HARDY PROPERTIES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

J R HARDY PROPERTIES LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 15,878,168 13,788,092
Total fixed assets: 15,878,168 13,788,092
Current assets
Debtors:   596,800 681,412
Cash at bank and in hand: 462,602 110,825
Total current assets: 1,059,402 792,237
Creditors: amounts falling due within one year:   (11,106,466) (9,053,402)
Net current assets (liabilities): (10,047,064) (8,261,165)
Total assets less current liabilities: 5,831,104 5,526,927
Total net assets (liabilities): 5,831,104 5,526,927
Capital and reserves
Called up share capital: 420 420
Revaluation reserve:43,828,0003,828,000
Profit and loss account: 2,002,684 1,698,507
Shareholders funds: 5,831,104 5,526,927

The notes form part of these financial statements

J R HARDY PROPERTIES LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 March 2025
and signed on behalf of the board by:

Name: HARDY James Rowland Conyers
Status: Director

The notes form part of these financial statements

J R HARDY PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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

Tangible fixed assets and depreciation policy

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: 20% Reducing Balance Method

J R HARDY PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 5 5

J R HARDY PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 13,868,277
Additions 2,112,198
At 31 March 2024 15,980,475
Depreciation
At 01 April 2023 80,185
Charge for year 22,122
At 31 March 2024 102,307
Net book value
At 31 March 2024 15,878,168
At 31 March 2023 13,788,092

J R HARDY PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Revaluation reserve

2024
£
Balance at 01 April 2023 3,828,000
Surplus or deficit after revaluation 0
Balance at 31 March 2024 3,828,000