REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 March 2025 |
for |
HAVENLEA PROPERTIES LIMITED |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 March 2025 |
for |
HAVENLEA PROPERTIES LIMITED |
HAVENLEA PROPERTIES LIMITED (REGISTERED NUMBER: 02860963) |
Contents of the Financial Statements |
for the Year Ended 31 March 2025 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
HAVENLEA PROPERTIES LIMITED |
Company Information |
for the Year Ended 31 March 2025 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
4 Sudley Road |
Bognor Regis |
West Sussex |
PO21 1EU |
HAVENLEA PROPERTIES LIMITED (REGISTERED NUMBER: 02860963) |
Statement of Financial Position |
31 March 2025 |
31.3.25 | 31.3.24 |
Notes | £ | £ | £ |
FIXED ASSETS |
Property, plant and equipment | 4 |
CURRENT ASSETS |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings | 7 |
SHAREHOLDERS' FUNDS |
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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
HAVENLEA PROPERTIES LIMITED (REGISTERED NUMBER: 02860963) |
Notes to the Financial Statements |
for the Year Ended 31 March 2025 |
1. | STATUTORY INFORMATION |
Havenlea Properties Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Land and buildings | - |
Plant and machinery etc | - |
The freehold and leasehold properties are disclosed on the statement of financial position at cost less relevant depreciation as opposed to being investment properties. |
This is due to the fact that in the directors opinion these assets are being employed in the businesses operations as opposed to being held as investment properties. |
That being the case the current market value is of little relevance. |
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. |
Change of accounting policy |
On transition to FRS 102 the company changed its accounting policy regarding investment properties as explained in the fixed asset note above. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
HAVENLEA PROPERTIES LIMITED (REGISTERED NUMBER: 02860963) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2025 |
4. | PROPERTY, PLANT AND EQUIPMENT |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 1 April 2024 |
and 31 March 2025 |
DEPRECIATION |
At 1 April 2024 |
Charge for year |
At 31 March 2025 |
NET BOOK VALUE |
At 31 March 2025 |
At 31 March 2024 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.25 | 31.3.24 |
£ | £ |
Taxation and social security |
Other creditors |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.3.25 | 31.3.24 |
value: | £ | £ |
Ordinary | £1 | 2 | 2 |
7. | RESERVES |
Retained |
earnings |
£ |
At 1 April 2024 |
Deficit for the year | ( |
) |
Dividends | ( |
) |
At 31 March 2025 |
HAVENLEA PROPERTIES LIMITED (REGISTERED NUMBER: 02860963) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2025 |
8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024: |
31.3.25 | 31.3.24 |
£ | £ |
Balance outstanding at start of year | ( |
) | ( |
) |
Amounts advanced |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year | ( |
) | ( |
) |
9. | RELATED PARTY DISCLOSURES |
The company remains under the control of its directors. |