Hazelwood 2014 Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09094335 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

HAZELWOOD 2014 LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr N Graham

Mrs C Graham

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

09094335 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

521

695

Investments

5

1

Investment property

6

2,245,000

2,612,500

2,245,522

2,613,196

CURRENT ASSETS

Cash at bank

7,714

6,789

CREDITORS

Amounts falling due within one year

7

1,068,409

1,315,079

NET CURRENT LIABILITIES

(1,060,695

)

(1,308,290

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,184,827

1,304,906

PROVISIONS FOR LIABILITIES

8

64,005

45,826

NET ASSETS

1,120,822

1,259,080

CAPITAL AND RESERVES

Called up share capital

9

266

Fair value reserve

264,939

253,689

Retained earnings

855,617

1,005,125

SHAREHOLDERS' FUNDS

1,120,822

1,259,080

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.

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 8 September 2025 and were signed on its behalf by:

Mr N Graham - Director

1.	STATUTORY INFORMATION

Hazelwood 2014 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents income from investments.

Tangible fixed assets

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

Fixtures and fittings

-

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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

7,186

DEPRECIATION

At 1 April 2024

6,491

Charge for year

174

At 31 March 2025

6,665

NET BOOK VALUE

At 31 March 2025

521

At 31 March 2024

695

5.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

2,612,500

Disposals

(382,500

)

Revaluations

15,000

At 31 March 2025

2,245,000

NET BOOK VALUE

At 31 March 2025

2,245,000

At 31 March 2024

2,612,500

The fair value of the investment properties has been arrived at on the basis of a valuation carried by the directors.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Tax

8,807

13,269

Other creditors

232,888

122,088

Interest only mortgage

825,934

940,444

Directors' current accounts

780

239,278

1,068,409

1,315,079

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

Deferred tax

64,005

45,826

Deferred

tax

£

Balance at 1 April 2024

45,826

Provided during year

18,179

Balance at 31 March 2025

64,005

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

34

A Class Ordinary

£1

34

B Class Ordinary

£1

34

66

C Class Ordiniary

£1

66

D Class Ordinary

£1

66

E Class Ordinary

£1

66

266

10.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed an amount of £780 (2024: £239,278) to the directors. The amount is interest free and repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr N Graham.