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REGISTERED NUMBER: 03241477 (England and Wales)

















Unaudited Financial Statements for the Year Ended 30 September 2024

for

The Hartlepool Dock & Railway Company
Limited

The Hartlepool Dock & Railway Company
Limited (Registered number: 03241477)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Hartlepool Dock & Railway Company
Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr C M Fell
Mrs A Padley
Mr J Padley
Mr R J Padley





SECRETARY: Mrs A Padley





REGISTERED OFFICE: 24/26 Mansfield Road
Rotherham
South Yorkshire
S60 2DT





REGISTERED NUMBER: 03241477 (England and Wales)





ACCOUNTANTS: SMH Haywood & Co Limited
24-26 Mansfield Road
Rotherham
South Yorkshire
S60 2DT

The Hartlepool Dock & Railway Company
Limited (Registered number: 03241477)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investments 4 100,623 93,614
Investment property 5 3,025,000 3,175,000
3,125,623 3,268,614

CURRENT ASSETS
Debtors 6 707,638 711,264
Cash at bank 140,018 135,889
847,656 847,153
CREDITORS
Amounts falling due within one year 7 (401,908 ) (350,783 )
NET CURRENT ASSETS 445,748 496,370
TOTAL ASSETS LESS CURRENT LIABILITIES 3,571,371 3,764,984

CREDITORS
Amounts falling due after more than one
year

8

(515,489

)

(645,489

)

PROVISIONS FOR LIABILITIES (8,633 ) (16,449 )
NET ASSETS 3,047,249 3,103,046

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 10 277,609 419,793
Retained earnings 2,769,540 2,683,153
3,047,249 3,103,046

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

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 Hartlepool Dock & Railway Company
Limited (Registered number: 03241477)

Balance Sheet - continued
30 September 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 Board of Directors and authorised for issue on 9 June 2025 and were signed on its behalf by:




Mrs A Padley - Director



Mr J Padley - Director


The Hartlepool Dock & Railway Company
Limited (Registered number: 03241477)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

The Hartlepool Dock & Railway Company Limited 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries and associates
Investments in subsidiary and associate undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 3 (2023 - 3 ) .

The Hartlepool Dock & Railway Company
Limited (Registered number: 03241477)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. FIXED ASSET INVESTMENTS

2024 2023
£    £   
Shares in group undertakings 1 1
Participating interests 50 50
Loans to undertakings in which the company
has a participating interest

100,571

93,562
Other investments not loans 1 1
100,623 93,614

Additional information is as follows:
Shares in Interest
group in Other
undertakings associate investments Totals
£    £    £    £   
COST
At 1 October 2023
and 30 September 2024 1 50 1 52
NET BOOK VALUE
At 30 September 2024 1 50 1 52
At 30 September 2023 1 50 1 52
Loans to
associates
£   
At 1 October 2023 93,562
New in year 7,009
At 30 September 2024 100,571

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 3,175,000
Revaluations (150,000 )
At 30 September 2024 3,025,000
NET BOOK VALUE
At 30 September 2024 3,025,000
At 30 September 2023 3,175,000

The Hartlepool Dock & Railway Company
Limited (Registered number: 03241477)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. INVESTMENT PROPERTY - continued

The directors have valued the investment property at a fair value of £3,025,000 (2023 - £3,175,000) as at 30 September 2024 based on market information.

If investment properties were stated on a historical cost basis rather than a fair value basis the cost of the property would be £2,738,760 (2023 - £2,738,760).

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 701,541 710,741
Other debtors 6,097 523
707,638 711,264

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 80,000 80,000
Taxation and social security 33,313 41,515
Other creditors 288,595 229,268
401,908 350,783

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 382,094 462,094
Other creditors 133,395 183,395
515,489 645,489

9. SECURED DEBTS

The bank loan is secured by a fixed and floating charge over the assets of the company, as well as personal guarantees from the directors of £100,000.

10. RESERVES
Revaluation
reserve
£   
At 1 October 2023 419,793
Other movements (142,184 )

At 30 September 2024 277,609

The Hartlepool Dock & Railway Company
Limited (Registered number: 03241477)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

11. RELATED PARTY DISCLOSURES

At the year end the following related party balances were due:

The company owed £74,982 (2023 - £74,982) to North Country Properties Limited, a company controlled by a director.

The company was owed £100,571 (2023 - £93,562) by Rotorarena Limited, a company of which C.M Fell is a director. The company owns a 50% shareholding in Rotorarena Limited.

At the year end the company owed £183,395 (2023 - £233,395) to the directors. These loans are interest free.

12. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.