Harnel Property Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 15702116

		31 May 2025
	Notes	£	£
FIXED ASSETS
Investment Properties	4		92,000

			92,000
CURRENT ASSETS
Cash at bank and in hand		1

		1
Creditors: Amounts Falling Due Within One Year	5	(350 )

NET CURRENT ASSETS (LIABILITIES)			(349 )

TOTAL ASSETS LESS CURRENT LIABILITIES			91,651

Creditors: Amounts Falling Due After More Than One Year	6		(105,350 )

NET LIABILITIES			(13,699 )

CAPITAL AND RESERVES
Called up share capital	7		1
Profit and Loss Account			(13,700 )

SHAREHOLDERS' FUNDS			(13,699)

Page 1

Page 2

Harnel Property Limited

Balance Sheet (continued)

As At 31 May 2025

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

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Andrew Nelson

Director

15th August 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Harnel Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15702116 . The registered office is 32 Hogarth Drive, Prenton, CH43 9HA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

No depreciation

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the period was: NIL

4. Investment Property

	31 May 2025
	£
Fair Value
As at 3 May 2024	-
Additions	92,000

As at 31 May 2025	92,000

5. Creditors: Amounts Falling Due Within One Year

	31 May 2025
	£
Other creditors	350

6. Creditors: Amounts Falling Due After More Than One Year

	31 May 2025
	£
Bank loans	105,350

Page 3

Page 4

Harnel Property Limited

Notes to the Financial Statements (continued)

For the Period 3 May 2024 to 31 May 2025

7. Share Capital

	31 May 2025
	£
Allotted, Called up and fully paid	1