Company registration number 15715247 (England and Wales)
Hallas Property Ltd
UNAUDITED FINANCIAL STATEMENTS
for the period ended 31 March 2025
PAGES FOR FILING WITH REGISTRAR
Hallas Property Ltd
Contents
Page
Statement of financial position
1
Statement of changes in equity
2
Notes to the financial statements
3 - 4
Hallas Property Ltd
Statement Of Financial Position
as at 31 March 2025
31 March 2025
- 1 -
2025
Notes
£
£
Fixed assets
Investment property
3
316,770
Current assets
Cash at bank and in hand
156,016
Creditors: amounts falling due within one year
(258,468)
Net current liabilities
(102,452)
Total assets less current liabilities
214,318
Creditors: amounts falling due after more than one year
(224,962)
Net liabilities
(10,644)
Capital and reserves
Called up share capital
4
100
Profit and loss reserves
(10,744)
Total equity
(10,644)
For the financial period ended 31 March 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 of its financial statements for the period in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The director of the company has elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 11 June 2025
O Hallas
Director
Company registration number 15715247 (England and Wales)
Hallas Property Ltd
Statement Of Changes In Equity
for the period ended 31 March 2025
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 11 May 2024
-
Period ended 31 March 2025:
Loss and total comprehensive income
-
(10,744)
(10,744)
Issue of share capital
4
100
-
100
Balance at 31 March 2025
100
(10,744)
(10,644)
Hallas Property Ltd
Notes to the financial statements
for the period ended 31 March 2025
- 3 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT.
Investment property
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2025
Number
Total
3
Investment property
2025
£
Fair value
At 11 May 2024
Additions
316,770
At 31 March 2025
316,770
4
Called up share capital
2025
2025
Ordinary share capital
Number
£
Issued and fully paid
Ordinary shares of £1 each
100
100
Hallas Property Ltd
Notes to the financial statements (continued)
for the period ended 31 March 2025
- 4 -
5
Company information
Hallas Property Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 46 Cornfield, Dewsbury, West Yorkshire, WF13 3UY.