REGISTERED NUMBER: 09319788 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Hyde Albion Properties 2 Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Jackson

SECRETARY:

REGISTERED OFFICE:

16 Beaufort Court

Admirals Way

Canary Wharf

London

E14 9XL

REGISTERED NUMBER:

09319788 (England and Wales)

ACCOUNTANTS:

RBS Accountants Limited

16 Beaufort Court

Admirals Way

London

Docklands

London

E14 9XL

FIXED ASSETS

Tangible assets

4

23,595

-

CURRENT ASSETS

Stocks

-

4,000

Debtors

5

192,111

45,411

Cash at bank

7,339

7,797

199,450

57,208

CREDITORS

Amounts falling due within one year

6

30,504

20,403

NET CURRENT ASSETS

168,946

36,805

TOTAL ASSETS LESS CURRENT LIABILITIES

192,541

36,805

CREDITORS

Amounts falling due after more than one year

7

183,984

30,094

NET ASSETS

8,557

6,711

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

8,556

6,710

8,557

6,711

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 20 June 2025 and were signed by:

R Jackson - Director

1.	STATUTORY INFORMATION

Hyde Albion Properties 2 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.

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.

Turnover

Turnover is rental income received or receivable, excluding discounts, rebates, value added tax and other sales tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

Additions

25,280

At 31 March 2025

25,280

DEPRECIATION

Charge for year

1,685

At 31 March 2025

1,685

NET BOOK VALUE

At 31 March 2025

23,595

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed by group undertakings

124,111

45,411

Other debtors

68,000

-

192,111

45,411

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

6,210

6,210

Trade creditors

3,816

8,442

Taxation and social security

19,728

2,841

Other creditors

750

2,910

30,504

20,403

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

24,718

30,094

Other creditors

159,266

-

183,984

30,094

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Between one and five years

42,500

42,500

In more than five years

453,989

-

496,489

42,500

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Garmoyle Holdings Limited.

The ultimate controlling party is R Jackson.