Registered number
12821238
HENLEY PROPERTIES (EA) LTD
Filleted Accounts
31 August 2024
HENLEY PROPERTIES (EA) LTD
Registered number: 12821238
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Investment property 3 437,000 437,000
Current assets
Cash at bank and in hand 33,713 25,618
Creditors: amounts falling due within one year 4 (143,184) (142,887)
Net current liabilities (109,471) (117,269)
Total assets less current liabilities 327,529 319,731
Creditors: amounts falling due after more than one year 5 (274,500) (274,500)
Provisions for liabilities (6,836) (6,836)
Net assets 46,193 38,395
Capital and reserves
Called up share capital 150 150
Non-distributable reserve 29,145 29,145
Profit and loss account 16,898 9,100
Shareholders' funds 46,193 38,395
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr N Pyke
Director
Approved by the board on 20 May 2025
HENLEY PROPERTIES (EA) LTD
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment properties
Investment properties are included in the statement of financial position at their open market value in accordance with the FRS 102- Section 1A and are not depreciated. The investment properties held by the company are periodically valued by the directors on an open market, existing use basis. The directors then assesses whether the valuation is reasonable or requires amending at each year end.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
(This includes the director)
3 Investment property
Investment
property
£
Valuation
At 1 September 2023 437,000
At 31 August 2024 437,000
The investment properties are valued each accounting period by the directors using the values of similar properties being marketed in the area. The historical cost is £401,019.
4 Creditors: amounts falling due within one year 2024 2023
£ £
Amounts owed to a related party 140,100 140,100
Taxation and social security costs 1,829 1,597
Other creditors 1,255 1,190
143,184 142,887
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 274,500 274,500
6 Related party transactions
There is a loan owing to Henley Building Services (EA) Ltd a related party of £140,100. The loan is interest free and repayable on demand.

At 31 August 2024, there is an amount owed to the directors of £355 (2023 - £355), this is shown in ‘other creditors’.
7 Other information
HENLEY PROPERTIES (EA) LTD is a private company limited by shares and incorporated in England. Its registered office is:
26 Church Lane
Henley
Ipswich
England
IP6 0RQ
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