Hanbury Homes Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04326246 (England and Wales)

Financial Statements for the Period 1 April 2024 to 31 December 2024

for

Hanbury Homes Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A T Manuel

A B Virani

SECRETARY:

A T Manuel

REGISTERED OFFICE:

102 High Street

West Wickham

Kent

BR4 0NF

REGISTERED NUMBER:

04326246 (England and Wales)

ACCOUNTANTS:

AccountLets

Coveham House

Downside Bridge Road

Cobham

Surrey

KT11 3EP

FIXED ASSETS

Tangible assets

4

3,241

3,286

Investment property

5

5,859,621

5,652,102

5,862,862

5,655,388

CURRENT ASSETS

Debtors

6

960,696

1,019,659

Cash at bank

11,786

25,151

972,482

1,044,810

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR

7

5,076

637,721

NET CURRENT ASSETS

967,406

407,089

TOTAL ASSETS LESS CURRENT LIABILITIES

6,830,268

6,062,477

CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR

8

5,237,235

4,452,549

NET ASSETS

1,593,033

1,609,928

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

1,593,032

1,609,927

SHAREHOLDERS' FUNDS

1,593,033

1,609,928

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 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 17 September 2025 and were signed on its behalf by:

A T Manuel - Director

1.	STATUTORY INFORMATION

Hanbury Homes 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.

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 sales of completed units of properties developed for re sale.

Tangible fixed assets

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

Plant and machinery etc

-

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - 2 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

11,248

Additions

699

At 31 December 2024

11,947

DEPRECIATION

At 1 April 2024

7,962

Charge for period

744

At 31 December 2024

8,706

NET BOOK VALUE

At 31 December 2024

3,241

At 31 March 2024

3,286

5.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 April 2024

5,652,102

Additions

207,519

At 31 December 2024

5,859,621

NET BOOK VALUE

At 31 December 2024

5,859,621

At 31 March 2024

5,652,102

Cost or valuation at 31 December 2024 is represented by:

£

Valuation in 2007

325,644

Valuation in 2015

1,593,159

Cost

3,940,818

5,859,621

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.3.24

£

Trade debtors

27,954

9,824

Other debtors

932,742

1,009,835

960,696

1,019,659

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.3.24

£

Trade creditors

(1

)

-

Other creditors

5,077

637,721

5,076

637,721

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.3.24

£

Bank loans

1,674,750

Taxation and social security

364,663

364,671

Other creditors

3,197,822

2,413,128

5,237,235

4,452,549

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,421,000

Bank Loan

253,750

1,674,750