Registration number: 02096562

Hassop Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Hassop Limited

Company Information

Directors

B Barrett K Potter C Coffin

Registered office

293 Willesden Lane Willesden London NW2 5HY

Accountants

Sterling Grove Accountants Limited Chartered Certified AccountantsFawley House 2 Regatta Place Marlow Road Bourne End Buckinghamshire SL8 5TD

Hassop Limited

(Registration number: 02096562)
Balance Sheet as at 30 April 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	219	258
Investment property	5	2,485,000	2,485,000
		2,485,219	2,485,258
Current assets
Debtors	6	1,611	1,660
Cash at bank and in hand		3,515,101	3,426,354
		3,516,712	3,428,014
Creditors: Amounts falling due within one year	7	(67,940)	(68,416)
Net current assets		3,448,772	3,359,598
Total assets less current liabilities		5,933,991	5,844,856
Provisions for liabilities		(145,087)	(145,087)
Net assets		5,788,904	5,699,769
Capital and reserves
Called up share capital		250,000	250,000
Revaluation reserve		1,264,825	1,264,825
Retained earnings		4,274,079	4,184,944
Shareholders' funds		5,788,904	5,699,769

For the financial year ending 30 April 2025 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Hassop Limited

(Registration number: 02096562)
Balance Sheet as at 30 April 2025

Approved and authorised by the Board on 10 September 2025 and signed on its behalf by:
 

......................................... B Barrett Director

......................................... K Potter Director

......................................... C Coffin Director

Hassop Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
293 Willesden Lane
Willesden
London
NW2 5HY
United Kingdom

These financial statements were authorised for issue by the Board on 10 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These 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 rents received or receivable for the 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.

Tax

The tax expense for the period comprises current 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 income 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Hassop Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Asset class	Depreciation method and rate
Furniture and fittings	15% on reducing balance

Investment property

Investment property is carried at fair value determined annually by the directors. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised at the transaction price, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 1).

Hassop Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 May 2024	1,149	1,149
At 30 April 2025	1,149	1,149
Depreciation
At 1 May 2024	891	891
Charge for the year	39	39
At 30 April 2025	930	930
Carrying amount
At 30 April 2025	219	219
At 30 April 2024	258	258

5	Investment properties

	2025 £
At 1 May	2,485,000
At 30 April	2,485,000

The investment property was valued on the open market basis on 30 April 2025 by the company directors.

Hassop Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

6

Debtors

	2025 £	2024 £
Prepayments	1,611	1,660
	1,611	1,660

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	31,524	35,363
Accruals and deferred income	3,000	2,520
Other creditors	33,416	30,533
	67,940	68,416