REGISTERED NUMBER: 02420040 (England and Wales)

Unaudited Financial Statements

for the Period

1 May 2025 to 29 August 2025

for

HEXGROVE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

7

Directors:

B P Burak

M J Burak

Secretary:

B P Burak

Registered office:

39 Knoll Avenue

Darlington

County Durham

DL3 8PT

Registered number:

02420040 (England and Wales)

Accountants:

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

Fixed assets

Tangible assets

4

-

166

Investment property

5

-

255,000

-

255,166

Current assets

Debtors

6

-

1,803

Cash at bank

-

9,687

-

11,490

Creditors

Amounts falling due within one year

7

36,910

81,286

Net current liabilities

(36,910

)

(69,796

)

Total assets less current liabilities

(36,910

)

185,370

Provisions for liabilities

-

18,574

Net (liabilities)/assets

(36,910

)

166,796

Capital and reserves

Called up share capital

25,003

25,003

Revaluation reserve

8

-

134,715

Retained earnings

(61,913

)

7,078

Shareholders' funds

(36,910

)

166,796

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 August 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 August 2025 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 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 3 September 2025 and were signed on its behalf by:

M J Burak - Director

1.	STATUTORY INFORMATION

Hexgrove 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have not been prepared under the going concern basis of accounting as the directors have ceased operations and intend to close the company.

Turnover

Turnover represents rent receivable, excluding value added tax.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

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 period 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 period 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 May 2025

1,050

Disposals

(1,050

)

At 29 August 2025

-

DEPRECIATION

At 1 May 2025

884

Charge for period

10

Eliminated on disposal

(894

)

At 29 August 2025

-

NET BOOK VALUE

At 29 August 2025

-

At 30 April 2025

166

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2025

255,000

Disposals

(255,000

)

At 29 August 2025

-

NET BOOK VALUE

At 29 August 2025

-

At 30 April 2025

255,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29/8/25

30/4/25

£

£

Trade debtors

-

304

Other debtors

-

1,499

-

1,803

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29/8/25

30/4/25

£

£

Directors' loan accounts

36,910

73,786

Accrued expenses

-

7,500

36,910

81,286

8.

RESERVES

Revaluation

reserve

£

At 1 May 2025

134,715

Reserve transfer

(134,715

)

At 29 August 2025

-

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hexgrove Limited for the period ended 29 August 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Hexgrove Limited, as a body, in accordance with the terms of our engagement letter dated 15 January 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Hexgrove Limited and state those matters that we have agreed to state to the Board of Directors of Hexgrove Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hexgrove Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Hexgrove Limited. You consider that Hexgrove Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Hexgrove Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

3 September 2025