REGISTERED NUMBER: 05886037 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HANDS ON MANSFIELD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S J R James

REGISTERED OFFICE:

The Priory

Fenny Bentley

Ashbourne

Derbyshire

DE6 1LF

REGISTERED NUMBER:

05886037 (England and Wales)

ACCOUNTANTS:

Mills & Black

Derwent House

141-145 Dale Road

Matlock

Derbyshire

DE4 3LU

FIXED ASSETS

Tangible assets

4

18,399

20,443

Investment property

5

4,959,352

4,962,264

4,977,751

4,982,707

CURRENT ASSETS

Debtors

6

67,425

12,523

Cash at bank

76,505

79,513

143,930

92,036

CREDITORS

Amounts falling due within one year

7

407,275

360,438

NET CURRENT LIABILITIES

(263,345

)

(268,402

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,714,406

4,714,305

CREDITORS

Amounts falling due after more than one year

8

1,079,080

1,263,030

NET ASSETS

3,635,326

3,451,275

CAPITAL AND RESERVES

Called up share capital

130

130

Share premium

731,280

731,280

Retained earnings

2,903,916

2,719,865

3,635,326

3,451,275

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 23 September 2025 and were signed by:

S J R James - Director

1.	STATUTORY INFORMATION

Hands On Mansfield 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

10% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

36,396

DEPRECIATION

At 1 January 2024

15,953

Charge for year

2,044

At 31 December 2024

17,997

NET BOOK VALUE

At 31 December 2024

18,399

At 31 December 2023

20,443

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

4,962,264

Additions

1,600

Disposals

(4,512

)

At 31 December 2024

4,959,352

NET BOOK VALUE

At 31 December 2024

4,959,352

At 31 December 2023

4,962,264

Investment properties are shown at cost as the director believes this to be an appropriate measure of the current open market value.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

51,802

-

Other debtors

15,623

12,523

67,425

12,523

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

160,000

164,754

Trade creditors

27,265

12,841

Taxation and social security

76,234

77,112

Other creditors

143,776

105,731

407,275

360,438

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

404,536

478,198

Other creditors

674,544

784,832

1,079,080

1,263,030

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans

600,000

600,000

Long term directors' loans

74,544

184,832

674,544

784,832

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

564,536

642,952

The bank loans are secured on the company's investment properties.