HWRB Limited 12494281 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is property rental. Digita Accounts Production Advanced 6.30.9574.0 true 12494281 2024-04-01 2025-03-31 12494281 2025-03-31 12494281 core:OtherReservesSubtotal 2025-03-31 12494281 core:RetainedEarningsAccumulatedLosses 2025-03-31 12494281 core:ShareCapital 2025-03-31 12494281 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 12494281 bus:SmallEntities 2024-04-01 2025-03-31 12494281 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 12494281 bus:FullAccounts 2024-04-01 2025-03-31 12494281 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 12494281 bus:RegisteredOffice 2024-04-01 2025-03-31 12494281 bus:Director1 2024-04-01 2025-03-31 12494281 bus:Director2 2024-04-01 2025-03-31 12494281 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12494281 core:RetainedEarningsAccumulatedLosses core:LandBuildings 2024-04-01 2025-03-31 12494281 core:LandBuildings 2024-04-01 2025-03-31 12494281 countries:AllCountries 2024-04-01 2025-03-31 12494281 2024-03-31 12494281 2023-04-01 2024-03-31 12494281 2024-03-31 12494281 core:OtherReservesSubtotal 2024-03-31 12494281 core:RetainedEarningsAccumulatedLosses 2024-03-31 12494281 core:ShareCapital 2024-03-31 12494281 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 12494281

HWRB Limited
Annual Report and Unaudited Filleted Abridged Financial Statements
for the Year Ended 31 March 2025

HWRB Limited

Contents

Abridged Balance Sheet | 1 to 2
Notes to the Unaudited Abridged Financial Statements | 3 to 4

HWRB Limited

(Registration number: 12494281)
Abridged Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property |  | - | 450,000
Current assets |  |  |
Debtors |  | - | 485
Cash at bank and in hand |  | 85,873 | 6,966
|  | 85,873 | 7,451
Creditors: Amounts falling due within one year |  | (20,706) | (362,140)
Net current assets/(liabilities) |  | 65,167 | (354,689)
Total assets less current liabilities |  | 65,167 | 95,311
Provisions for liabilities |  | - | (24,917)
Net assets |  | 65,167 | 70,394
Capital and reserves |  |  |
Called up share capital |  | 20 | 20
Other reserves |  | - | 72,444
Profit and loss account |  | 65,147 | (2,070)
Total equity |  | 65,167 | 70,394

HWRB Limited

(Registration number: 12494281)
Abridged Balance Sheet as at 31 March 2025

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

| The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
| The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the Company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 3 June 2025 and signed on its behalf by:

Mrs C Brightman

Director

Mr D P Brightman

Director

HWRB Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales (registered company number 12494281).

The address of its registered office is:
Calyx House
South Road
Taunton
Somerset
TA1 3DU

These financial statements were authorised for issue by the Board on 3 June 2025.

2 | Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors. The directors use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

HWRB Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4 | Tangible assets

Investment properties

| 2025 £
At 1 April | 450,000
Disposals | (450,000)
At 31 March | -

There has been no valuation of investment property by an independent valuer.

In accordance with UK company law, unrealised gains on revaluation of investment properties are not distributable. A fair value reserve is maintained within equity to reflect these gains. Following the disposal of an invesment property, £72,444 previously held in the non-distributable reserve has been transferred to retained earnings as the gain is now realised and distributable.

5 | Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

| Retained earnings £ | Total £
Surplus/deficit on property, plant and equipment revaluation | 72,444 | 72,444