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REGISTERED NUMBER: 11264924 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 18 AUGUST 2024

FOR

HARDIE ESTATES LTD

HARDIE ESTATES LTD (REGISTERED NUMBER: 11264924)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 18 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HARDIE ESTATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 18 AUGUST 2024







DIRECTOR: Mrs E Goldenberg





REGISTERED OFFICE: 57 Moresby Road
London
E5 9LE





REGISTERED NUMBER: 11264924 (England and Wales)





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

HARDIE ESTATES LTD (REGISTERED NUMBER: 11264924)

BALANCE SHEET
18 AUGUST 2024

18.8.24 18.8.23
Notes £    £   
FIXED ASSETS
Investment property 4 475,000 475,000

CURRENT ASSETS
Debtors 5 8,000 5,000
Cash at bank 7,124 2,688
15,124 7,688
CREDITORS
Amounts falling due within one year 6 (208,810 ) (193,233 )
NET CURRENT LIABILITIES (193,686 ) (185,545 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

281,314

289,455

CREDITORS
Amounts falling due after more than one
year

7

(265,208

)

(265,208

)

PROVISIONS FOR LIABILITIES (4,913 ) (4,913 )
NET ASSETS 11,193 19,334

CAPITAL AND RESERVES
Called up share capital 8 3 3
Revaluation reserve 9 20,946 20,946
Retained earnings (9,756 ) (1,615 )
SHAREHOLDERS' FUNDS 11,193 19,334

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 18 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 18 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

HARDIE ESTATES LTD (REGISTERED NUMBER: 11264924)

BALANCE SHEET - continued
18 AUGUST 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 9 May 2025 and were signed by:





Mrs E Goldenberg - Director


HARDIE ESTATES LTD (REGISTERED NUMBER: 11264924)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 18 AUGUST 2024

1. STATUTORY INFORMATION

HARDIE ESTATES LTD 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net rent receivable, excluding value added tax.

Investment property
The director has valued the investment property held by the company at its open market price as at the balance sheet date.

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 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 - NIL).

HARDIE ESTATES LTD (REGISTERED NUMBER: 11264924)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 18 AUGUST 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 19 August 2023
and 18 August 2024 475,000
NET BOOK VALUE
At 18 August 2024 475,000
At 18 August 2023 475,000

Fair value at 18 August 2024 is represented by:
£   
Valuation in 2020 475,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
18.8.24 18.8.23
£    £   
Other debtors 8,000 5,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
18.8.24 18.8.23
£    £   
Other creditors 208,810 193,233

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
18.8.24 18.8.23
£    £   
Bank loans 265,208 265,208

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 265,208 265,208

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 18.8.24 18.8.23
value: £    £   
3 Ordinary 1 3 3

9. RESERVES
Revaluation
reserve
£   
At 19 August 2023
and 18 August 2024 20,946

HARDIE ESTATES LTD (REGISTERED NUMBER: 11264924)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 18 AUGUST 2024

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr I Goldenberg.