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REGISTERED NUMBER: 00553500 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Hanwell Investment Company

Hanwell Investment Company (Registered number: 00553500)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Hanwell Investment Company

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | T M Letheby

| W A Mason

| C J Mahoney

| SECRETARY: | W A Mason

| REGISTERED OFFICE: | 2 Craven Road

| Ealing

| London

| W5 2UA

| REGISTERED NUMBER: | 00553500 (England and Wales)

Hanwell Investment Company (Registered number: 00553500)

Balance Sheet

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 305,714 |  | 305,714 |  |

Investments | 5 | 8,534 |  | 9,424 |  |

314,248 |  | 315,138 |  |

CURRENT ASSETS

Debtors | 6 | 94,264 |  | 94,257 |  |

Cash at bank | 1,683,661 |  | 1,640,337 |  |

1,777,925 |  | 1,734,594 |  |

CREDITORS

Amounts falling due within one year | 7 | 25,161 |  | 20,716 |  |

NET CURRENT ASSETS | 1,752,764 |  | 1,713,878 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,067,012 |  | 2,029,016 |  |

PROVISIONS FOR LIABILITIES | 55,431 |  | 56,199 |  |

NET ASSETS | 2,011,581 |  | 1,972,817 |  |

CAPITAL AND RESERVES

Called up share capital | 10,000 |  | 10,000 |  |

Revaluation reserve | 243,849 |  | 244,433 |  |

Other reserves | 2,200 |  | 2,200 |  |

Retained earnings | 1,755,532 |  | 1,716,184 |  |

SHAREHOLDERS' FUNDS | 2,011,581 |  | 1,972,817 |  |

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 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.

Hanwell Investment Company (Registered number: 00553500)

Balance Sheet - continued

31 March 2025

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 July 2025 and were signed on its behalf by:

T M Letheby - Director

Hanwell Investment Company (Registered number: 00553500)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Hanwell Investment Company 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 as modified by the revaluation of certain assets.

| Turnover

| Turnover is the total amount, excluding value added tax, derived from letting the company's freehold properties.

| Investment properties

| 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.

| Investment properties are included in the balance sheet at their open market value. Depreciation is provided

| only on those investment properties which are leasehold and where the unexpired lease term is less than 20

| years.

| 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.

Hanwell Investment Company (Registered number: 00553500)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Debtors

| Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

| Cash and cash equivalents

| Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

| Creditors

| Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Land and

| buildings

£ |

| COST OR VALUATION

| At 1 April 2024

| and 31 March 2025 | 305,714 |  |

| NET BOOK VALUE

| At 31 March 2025 | 305,714 |  |

| At 31 March 2024 | 305,714 |  |

| Cost or valuation at 31 March 2025 is represented by:

| Land and

| buildings

£ |

| Valuation in 2015 | 221,331 |  |

| Valuation in 2017 | 544,694 |  |

| Valuation in 2018 | (466,405 | ) |

| Valuation in 2019 | 6,094 |  |

305,714 |  |

Hanwell Investment Company (Registered number: 00553500)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

5. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST OR VALUATION

| At 1 April 2024 | 9,424 |  |

| Additions | 463 |  |

| Revaluations | (1,353 | ) |

| At 31 March 2025 | 8,534 |  |

| NET BOOK VALUE

| At 31 March 2025 | 8,534 |  |

| At 31 March 2024 | 9,424 |  |

| Cost or valuation at 31 March 2025 is represented by:

| Other

| investments

£ |

| Valuation in 2020 | (3,162 | ) |

| Valuation in 2021 | (639 | ) |

| Valuation in 2022 | 1,444 |  |

| Valuation in 2023 | 342 |  |

| Valuation in 2024 | 1,721 |  |

| Valuation in 2025 | (1,353 | ) |

| Cost | 10,181 |  |

8,534 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 2,460 |  | 2,460 |  |

| Amounts owed by group undertakings | 91,422 |  | 91,422 |  |

| Other debtors | 382 |  | 375 |  |

94,264 |  | 94,257 |  |

| The loan is to an associated company and is unsecured and interest free.

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Taxation and social security | 20,260 |  | 13,621 |  |

| Other creditors | 4,901 |  | 7,095 |  |

25,161 |  | 20,716 |  |