4 27/11/2023 31/12/2024 2024-12-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-11-27 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 15310525 2023-11-27 2024-12-31 15310525 2024-12-31 15310525 2023-11-26 15310525 bus:RegisteredOffice 2023-11-27 2024-12-31 15310525 bus:Director1 2023-11-27 2024-12-31 15310525 bus:Director2 2023-11-27 2024-12-31 15310525 bus:Director3 2023-11-27 2024-12-31 15310525 bus:Director4 2023-11-27 2024-12-31 15310525 core:LandBuildings core:OwnedOrFreeholdAssets 2024-12-31 15310525 core:AfterOneYear 2024-12-31 15310525 core:WithinOneYear 2024-12-31 15310525 core:ShareCapital 2024-12-31 15310525 core:RetainedEarningsAccumulatedLosses 2024-12-31 15310525 core:LandBuildings core:OwnedOrFreeholdAssets 2023-11-27 2024-12-31 15310525 bus:SmallEntities 2023-11-27 2024-12-31 15310525 bus:AuditExempt-NoAccountantsReport 2023-11-27 2024-12-31 15310525 bus:SmallCompaniesRegimeForAccounts 2023-11-27 2024-12-31 15310525 bus:PrivateLimitedCompanyLtd 2023-11-27 2024-12-31 15310525 bus:FullAccounts 2023-11-27 2024-12-31
Company registration number: 15310525
PR Hardman Ltd
Unaudited filleted financial statements
31 December 2024
PR Hardman Ltd
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
PR Hardman Ltd
Directors and other information
Directors J Mallard
P Mallard
Mrs C Mallard
M Reid
Company number 15310525
Registered office One, St Peter's Square
Manchester
United Kingdom
M2 3DE
PR Hardman Ltd
Statement of financial position
31 December 2024
31/12/24
Note £ £
Fixed assets
Tangible assets 5 44,200,000
_______
44,200,000
Current assets
Debtors 6 647,148
Cash at bank and in hand 2,265,839
_______
2,912,987
Creditors: amounts falling due
within one year 7 ( 840,897)
_______
Net current assets 2,072,090
_______
Total assets less current liabilities 46,272,090
Creditors: amounts falling due
after more than one year 8 ( 52,650,486)
_______
Net liabilities ( 6,378,396)
_______
Capital and reserves
Called up share capital 12,001
Profit and loss account ( 6,390,397)
_______
Shareholders deficit ( 6,378,396)
_______
For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- 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 directors acknowledge their responsibilities for complying with the requirements of the Act 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Income Statement has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 26 August 2025 , and are signed on behalf of the board by:
J Mallard M Reid
Director Director
Company registration number: 15310525
PR Hardman Ltd
Notes to the financial statements
Period ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is One, St Peter's Square, Manchester, United Kingdom, M2 3DE.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 4
5. Tangible assets
Investment Property Total
£ £
Cost or valuation
At 27 November 2023 - -
Additions 47,938,719 47,938,719
Revaluation ( 3,738,719) ( 3,738,719)
_______ _______
At 31 December 2024 44,200,000 44,200,000
_______ _______
Depreciation
At 27 November 2023 and 31 December 2024 - -
_______ _______
Carrying amount
At 31 December 2024 44,200,000 44,200,000
_______ _______
The property revaluation has been based on a professional valuation carried out by CBRE on 31/12/2024.
6. Debtors
31/12/24
£
Trade debtors 18,461
Prepayments 106,284
Other debtors 522,403
_______
647,148
_______
7. Creditors: amounts falling due within one year
31/12/24
£
Trade creditors 613,688
Other creditors 227,209
_______
840,897
_______
8. Creditors: amounts falling due after more than one year
31/12/24
£
Amounts owed to group undertakings 52,650,486
_______