BrightAccountsProduction v1.0.0 v1.0.0 2024-01-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is that of a property management company. 23 July 2025 0 0 05062359 2024-12-31 05062359 2023-12-31 05062359 2022-12-31 05062359 2024-01-01 2024-12-31 05062359 2023-01-01 2023-12-31 05062359 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05062359 uk-curr:PoundSterling 2024-01-01 2024-12-31 05062359 uk-bus:AbridgedAccounts 2024-01-01 2024-12-31 05062359 uk-core:ShareCapital 2024-12-31 05062359 uk-core:ShareCapital 2023-12-31 05062359 uk-core:RevaluationReserve 2024-12-31 05062359 uk-core:RevaluationReserve 2023-12-31 05062359 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 05062359 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 05062359 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-12-31 05062359 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-12-31 05062359 uk-core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 05062359 uk-core:ShareCapital 2024-01-01 2024-12-31 05062359 uk-core:RevaluationReserve 2024-01-01 2024-12-31 05062359 uk-bus:FRS102 2024-01-01 2024-12-31 05062359 uk-core:ParentEntities 2024-01-01 2024-12-31 05062359 uk-core:UltimateParent 2024-01-01 2024-12-31 05062359 2024-01-01 2024-12-31 05062359 uk-bus:Director1 2024-01-01 2024-12-31 05062359 uk-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Haringtons Properties Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 December 2024



Haringtons Properties Limited
DIRECTOR'S REPORT
for the financial year ended 31 December 2024

 
The director presents his report and the unaudited financial statements for the financial year ended 31 December 2024.
 
Principal Activity
The principal activity of the company is that of a property management company.
     
Results and Dividends
The loss for the financial year after providing for depreciation and taxation amounted to £(343,835) (2023 - £(121,527)).
     
Director
The director who served during the financial year is as follows:
     
Mark Howell
   
There were no changes in shareholdings between 31 December 2024 and the date of signing the financial statements.
     
In accordance with the Constitution, the director retire by rotation and, being eligible, offer themselves for re-election.
     
Political Contributions
The company did not make any political donations during the year.
     
Indemnity Insurance
In accordance with our articles of association and to the extent permitted by the laws of England and Wales, directors are granted an indemnity from the Company in respect of liabilities incurred as a result of their office. In addition, we maintained a directors’ and officers’ liability insurance policy throughout the year. Neither our indemnity nor the insurance provides cover in the event that a director is proven to have acted dishonestly or fraudulently
     
Statement of director's Responsibilities and Declaration on Unaudited Financial Statements
     
The director made the following statement in respect of the unaudited financial statements:
     
"General responsibilities
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
     
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:
- select suitable accounting policies and apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
     
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
     
Director's declaration on unaudited financial statements
In relation to the financial statements comprising the Abridged Income Statement, the Abridged Statement of Financial Position, the Statement of Changes in Equity and the related notes:
     
The director approves these financial statements and confirms that he is responsible for them, including selecting the appropriate accounting policies, applying them consistently and making, on a reasonable and prudent basis, the judgements underlying them. They have been prepared on the going concern basis on the grounds that the company will continue in business.
     
The director confirms that he has made available all the company's accounting records and provided all the information, books and documents necessary for the compilation of the financial statements.
     
The director confirms that to the best of his knowledge and belief, the accounting records reflect all the transactions of the company for the financial year ended 31 December 2024."
     
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
     
     
On behalf of the board
     
     
___________________________
Mark Howell
Director
     
23 July 2025



Haringtons Properties Limited
ABRIDGED INCOME STATEMENT
for the financial year ended 31 December 2024
2024 2023
Notes £ £

Gross profit 122,894 148,618
 
Administrative expenses (406,201) (205,403)
───────── ─────────
Operating loss (283,307) (56,785)
 
Finance income 50 -
Finance costs (122,113) (93,248)
───────── ─────────
Loss before taxation (405,370) (150,033)
 
Tax on loss 61,535 28,506
───────── ─────────
Loss for the financial year (343,835) (121,527)
───────── ─────────
Total comprehensive income (343,835) (121,527)
    ═════════   ═════════



Haringtons Properties Limited
Company Registration Number: 05062359
ABRIDGED STATEMENT OF FINANCIAL POSITION
as at 31 December 2024

2024 2023
Notes £ £
 
Non-Current Assets
Property, plant and equipment 3 2,496,000 3,146,000
───────── ─────────
 
Current Assets
Receivables - 165
Cash and cash equivalents 16,900 3,799
───────── ─────────
16,900 3,964
───────── ─────────
Payables: amounts falling due within one year (1,259,088) (1,087,455)
───────── ─────────
Net Current Liabilities (1,242,188) (1,083,491)
───────── ─────────
Total Assets less Current Liabilities 1,253,812 2,062,509
 
Payables:
amounts falling due after more than one year (800,568) (1,203,895)
 
Provisions for liabilities 104,859 43,324
───────── ─────────
Net Assets 558,103 901,938
═════════ ═════════
 
Equity
Called up share capital 189,274 189,274
Revaluation reserve 748,364 980,000
Retained earnings (379,535) (267,336)
───────── ─────────
Equity attributable to owners of the company 558,103 901,938
═════════ ═════════
 
The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 23 July 2025
           
           
________________________________          
Mark Howell          
Director          
           



Haringtons Properties Limited
STATEMENT OF CHANGES IN EQUITY
as at 31 December 2024

Called up Revaluation Retained Total
share reserve earnings
capital
£ £ £ £
 
At 1 January 2023 189,274 980,000 (145,809) 1,023,465
───────── ───────── ───────── ─────────
Loss for the financial year - - (121,527) (121,527)
───────── ───────── ───────── ─────────
At 31 December 2023 189,274 980,000 (267,336) 901,938
  ───────── ───────── ───────── ─────────
Loss for the financial year - - (343,835) (343,835)
  ───────── ───────── ───────── ─────────
Other movements in equity
attributable to owners - (231,636) 231,636 -
  ───────── ───────── ───────── ─────────
At 31 December 2024 189,274 748,364 (379,535) 558,103
  ═════════ ═════════ ═════════ ═════════



Haringtons Properties Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 December 2024

   
1. General Information
 
Haringtons Properties Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 05062359. The registered office of the company is 1st Floor 13 High Street, Marlow, Buckinghamshire, United Kingdom which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 December 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Revenue
Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue comprises the fair value of consideration received and receivable exclusive of value added tax and after discounts and rebates.

Where the consideration receivable in cash or cash equivalents is deferred, and the arrangement constitutes a financing transaction, the fair value of the consideration is measured as the present value of all future receipts using the imputed rate of interest.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer, usually on dispatch of the goods, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from the provision of services is recognised in the accounting period in which the services are rendered and the outcome of the contract can be estimated reliably.  The company uses the percentage of completion method based on the actual service performed as a percentage of the total services to be provided.
 
Investment properties
Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Abridged Income Statement as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Abridged Income Statement.
 
Trade and other receivables
Trade and other receivables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the Abridged Statement of Financial Position bank overdrafts are shown within Payables.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Trade and other payables
Trade and other payables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Related parties
For the purposes of these financial statements a party is considered to be related to the company if:
 
- the party has the ability, directly or indirectly, through one or more intermediaries to control the company or exercise significant influence over the company in making financial and operating policy decisions or has joint control over the company;
- the company and the party are subject to common control;
- the party is an associate of the company or forms part of a joint venture with the company;
- the party is a member of key management personnel of the company or the company's parent, or a close family member of such as an individual, or is an entity under the control, joint control or significant influence of such individuals;
- the party is a close family member of a party referred to above or is an entity under the control or significant influence of such individuals; or
- the party is a post-employment benefit plan which is for the benefit of employees of the company or of any entity that is a related party of the company.
 
Close family members of an individual are those family members who may be expected to influence, or be influenced by, that individual in their dealings with the company.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Share capital of the company
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
 
Preference share capital
The dividend rights of the preference shares are non-cumulative and payment is at the discretion of the company. The preference shares carry voting rights at meetings. Based on their characteristics the preference shares are considered to be presented as equity and not liabilities. There is no option to redeem the preference shares.
       
3. Property, plant and equipment
  Investment Total
  properties  
     
  £ £
Cost
At 1 January 2024 3,146,000 3,146,000
Disposals (650,000) (650,000)
  ───────── ─────────
At 31 December 2024 2,496,000 2,496,000
  ───────── ─────────
Depreciation
At 1 January 2024 - -
  ───────── ─────────
At 31 December 2024 - -
  ───────── ─────────
Carrying amount
At 31 December 2024 2,496,000 2,496,000
  ═════════ ═════════
At 31 December 2023 3,146,000 3,146,000
  ═════════ ═════════
       
4. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 December 2024.
   
5. Parent and ultimate parent company
 
The company regards Haringtons Payroll Limited as its parent company.
 
The companys ultimate parent undertaking is Hairdressing Trading Limited.
The address of Hairdressing Trading Limited is 1st Floor, 13 High Street Marlow, Buckinghamshire SL7 1AU, United Kingdom United Kingdom.
Hairdressing Trading Limited is regarded as both the controlling party and the ultimate controlling party.
 
   
6. Controlling interest
 
The company is owned and controlled by the shareholders of Hairdressing Trading Limited, the ultimate parent company.
   
7. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.