Company No:
Contents
| Note | 2025 | 2024 | ||
| £ | £ | |||
| Fixed assets | ||||
| Tangible assets | 3 |
|
|
|
| 0 | 307,116 | |||
| Current assets | ||||
| Debtors | 4 |
|
|
|
| Cash at bank and in hand |
|
|
||
| 1,619 | 7,102 | |||
| Creditors: amounts falling due within one year | 5 | (
|
(
|
|
| Net current (liabilities)/assets | (172) | 1,964 | ||
| Total assets less current liabilities | (172) | 309,080 | ||
| Creditors: amounts falling due after more than one year | 6 |
|
(
|
|
| Net liabilities | (
|
(
|
||
| Capital and reserves | ||||
| Called-up share capital | 7 |
|
|
|
| Profit and loss account | (
|
(
|
||
| Total shareholder's deficit | (
|
(
|
Director's responsibilities:
The financial statements of Halfpenny Commercial Limited (registered number:
|
K Halfpenny
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Halfpenny Commercial Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 10 Woburn Walk, London, WC1H 0JL, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
| Land and buildings | not depreciated |
| Plant and machinery etc. |
|
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
| 2025 | 2024 | ||
| Number | Number | ||
| Monthly average number of persons employed by the Company during the year, including the director |
|
|
| Land and buildings | Plant and machinery etc. | Total | |||
| £ | £ | £ | |||
| Cost | |||||
| At 01 April 2024 |
|
|
|
||
| Disposals | (
|
(
|
(
|
||
| At 31 March 2025 |
|
|
|
||
| Accumulated depreciation | |||||
| At 01 April 2024 |
|
|
|
||
| Charge for the financial year |
|
|
|
||
| Disposals |
|
(
|
(
|
||
| At 31 March 2025 |
|
|
|
||
| Net book value | |||||
| At 31 March 2025 | 0 | 0 | 0 | ||
| At 31 March 2024 | 302,051 | 5,065 | 307,116 |
| 2025 | 2024 | ||
| £ | £ | ||
| Trade debtors |
|
|
| 2025 | 2024 | ||
| £ | £ | ||
| Trade creditors |
|
|
|
| Other creditors |
|
|
|
|
|
|
| 2025 | 2024 | ||
| £ | £ | ||
| Amounts owed to Group undertakings |
|
|
| 2025 | 2024 | ||
| £ | £ | ||
| Allotted, called-up and fully-paid | |||
|
|
|
|
Transactions with related parties
The company is taking advantage of the exemption from disclosing transactions with other members of the group.