4 September 2023 false No description of principal activity Taxfiler 2024.6 15112230business:PrivateLimitedCompanyLtd2023-09-042025-02-28 151122302023-09-03 151122302023-09-042025-02-28 15112230business:AuditExempt-NoAccountantsReport2023-09-042025-02-28 15112230business:FilletedAccounts2023-09-042025-02-28 151122302025-02-28 15112230core:WithinOneYear2025-02-28 15112230core:AfterOneYear2025-02-28 15112230core:ShareCapitalcore:PreviouslyStatedAmount2025-02-28 15112230core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 15112230core:PreviouslyStatedAmount2025-02-28 15112230business:SmallEntities2023-09-042025-02-28 15112230business:Director22023-09-042025-02-28 15112230countries:EnglandWales2023-09-042025-02-28 15112230business:RegisteredOffice2023-09-042025-02-28 15112230core:LandBuildings2023-09-042025-02-28 15112230core:AfterOneYear2023-09-042025-02-28 15112230core:RevaluationInvestmentPropertyDeferredTax2025-02-28 iso4217:GBP xbrli:pure
Company Registration No. 15112230 (England and Wales)
Hoglet Investments Ltd Unaudited accounts for the period from 4 September 2023 to 28 February 2025
Hoglet Investments Ltd Unaudited accounts Contents
Page
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Hoglet Investments Ltd Statement of financial position as at 28 February 2025
2025 
Notes
£ 
Fixed assets
Investment property
685,000 
Current assets
Debtors
8,383 
Cash at bank and in hand
4,268 
12,651 
Creditors: amounts falling due within one year
(3,642)
Net current assets
9,009 
Total assets less current liabilities
694,009 
Creditors: amounts falling due after more than one year
(382,241)
Provisions for liabilities
Deferred tax
(75,690)
Net assets
236,078 
Capital and reserves
Called up share capital
(3)
Profit and loss account
236,081 
Shareholders' funds
236,078 
For the period ending 28 February 2025 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 June 2025 and were signed on its behalf by
Richard Elliot Harris Director Company Registration No. 15112230
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Hoglet Investments Ltd Notes to the Accounts for the period from 4 September 2023 to 28 February 2025
1
Statutory information
Hoglet Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 15112230. The registered office is Honeysuckle Cottage, Preston Old Road, Clifton, Preston, Lancashire, PR4 0ZA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the period from 4 September 2023 to 28 February 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 4 September 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Both properties held were revalued at year end by local estate agents who have extensive knowledge of the area.
5
Investment property
2025 
£ 
Additions
382,241 
Disposals
302,759 
At 28 February 2025
685,000 
Investment properties are held for the purpose of generating rental income and/or for capital appreciation. The investment property is valued at fair value on a periodic basis, with changes in fair value recognized in profit or loss. The fair value of the investment property was determined by recent sales of comparable properties in the area. The valuation was performed by estate agents with extensive experience in the local area.
6
Debtors
2025 
£ 
Amounts falling due after more than one year
Other debtors
8,383 
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Hoglet Investments Ltd Notes to the Accounts for the period from 4 September 2023 to 28 February 2025
7
Creditors: amounts falling due within one year
2025 
£ 
Taxes and social security
3,642 
8
Creditors: amounts falling due after more than one year
2025 
£ 
Bank loans
382,241 
Two interest only mortgages were taken out on the investment properties on 28 March 2024. These mortgages are for an initial fixed term of 61 months, with an interest rate of 5.19%. After this initial term, the interest rate will change to the lenders Buy to Let variable rate, which is currently 8.04%.
9
Deferred taxation
2025 
£ 
Revaluation of investment property
75,690 
2025 
£ 
Charged to the profit and loss account
75,690 
Provision at end of period
75,690 
Deferred tax is calculated on all investment property fair value gains at a rate of 25%
10
Average number of employees
During the period the average number of employees was 0.
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