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REGISTERED NUMBER: 10984650 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

HANLEY ESTATES LONDON LIMITED

HANLEY ESTATES LONDON LIMITED (REGISTERED NUMBER: 10984650)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


HANLEY ESTATES LONDON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: J Grunhut





REGISTERED OFFICE: 71 Fairholt Road
London
N16 5EW





REGISTERED NUMBER: 10984650 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

HANLEY ESTATES LONDON LIMITED (REGISTERED NUMBER: 10984650)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Investment property 4 874,823 868,474

CURRENT ASSETS
Debtors 5 1,303,612 1,303,612
Cash at bank and in hand 8,056 1,381
1,311,668 1,304,993
CREDITORS
Amounts falling due within one year 6 (1,349,407 ) (1,343,354 )
NET CURRENT LIABILITIES (37,739 ) (38,361 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

837,084

830,113

CREDITORS
Amounts falling due after more than one
year

7

(516,426

)

(514,288

)
NET ASSETS 320,658 315,825

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 320,558 315,725
SHAREHOLDERS' FUNDS 320,658 315,825

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

HANLEY ESTATES LONDON LIMITED (REGISTERED NUMBER: 10984650)

STATEMENT OF FINANCIAL POSITION - continued
30 SEPTEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 April 2025 and were signed by:





J Grunhut - Director


HANLEY ESTATES LONDON LIMITED (REGISTERED NUMBER: 10984650)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Hanley Estates London 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2023 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 868,474
Additions 6,349
At 30 September 2024 874,823
NET BOOK VALUE
At 30 September 2024 874,823
At 30 September 2023 868,474

HANLEY ESTATES LONDON LIMITED (REGISTERED NUMBER: 10984650)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 1,303,612 1,303,612

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Tax 66,044 64,910
Other creditors 1,264,915 1,260,776
Deposit 13,708 13,708
Accrued expenses 4,740 3,960
1,349,407 1,343,354

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans more 5 yrs non-inst 485,676 478,636
Other loans more 5yrs instal 30,750 35,652
516,426 514,288

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 485,676 478,636

Repayable by instalments
Other loans more 5yrs instal 30,750 35,652

8. SECURED DEBTS

Under the bank loan, £30,750 was received under Bounce back Loan Scheme (BBL). The loan is unsecured,
interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Ordinary £1 100 100

HANLEY ESTATES LONDON LIMITED (REGISTERED NUMBER: 10984650)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10. RESERVES
Retained
earnings
£   

At 1 October 2023 315,725
Profit for the year 4,833
At 30 September 2024 320,558

11. RELATED PARTY DISCLOSURES

Other Debtors (Note 5) relates to amounts due from companies connected to the director and his family members. The loans are interest free and repayable on demand.

Other Creditors (Note 6) relates to amounts due to companies connected to the director and his family members. The loans are interest free and payable on demand.

12. ULTIMATE CONTROLLING PARTY

The controlling party is J Grunhut.