REGISTERED NUMBER: 00920199 (England and Wales)

Financial Statements for the Year Ended 31st March 2025

for

W. E. Haselden and Son Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K A Haselden

K W G Haselden

SECRETARY:

Mrs K A Haselden

REGISTERED OFFICE:

Unit 2a

Whitewall Road

Medway City Estate

Rochester

Kent

ME2 4EW

REGISTERED NUMBER:

00920199 (England and Wales)

ACCOUNTANTS:

Beak Kemmenoe

Chartered Accountants

1-3 Manor Road

Chatham

Kent

ME4 6AE

FIXED ASSETS

Tangible assets

5

704,855

458,878

Investment property

6

21,043,808

21,043,808

21,748,663

21,502,686

CURRENT ASSETS

Debtors

7

638,758

809,699

Cash at bank

3,417,194

2,734,922

4,055,952

3,544,621

CREDITORS

Amounts falling due within one year

8

2,081,317

2,198,258

NET CURRENT ASSETS

1,974,635

1,346,363

TOTAL ASSETS LESS CURRENT LIABILITIES

23,723,298

22,849,049

CREDITORS

Amounts falling due after more than one year

9

(1,040,000

)

(1,040,000

)

PROVISIONS FOR LIABILITIES

(119,739

)

(105,307

)

NET ASSETS

22,563,559

21,703,742

CAPITAL AND RESERVES

Called up share capital

32,697

32,697

Share premium

10

67,959

67,959

Fair value reserve

10

2,661,927

2,661,927

Retained earnings

10

19,800,976

18,941,159

SHAREHOLDERS' FUNDS

22,563,559

21,703,742

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 25th September 2025 and were signed on its behalf by:

K W G Haselden - Director

1.	STATUTORY INFORMATION

W. E. Haselden and Son 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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.

Freehold property

-

2% on cost

Plant and machinery

-

20% - 33.3% on cost

Motor vehicles

-

20% on cost

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1st April 2024

154,609

1,080,947

47,135

1,282,691

Additions

133,162

251,133

-

384,295

Disposals

-

(50,580

)

-

(50,580

)

At 31st March 2025

287,771

1,281,500

47,135

1,616,406

DEPRECIATION

At 1st April 2024

-

794,768

29,045

823,813

Charge for year

1,439

130,298

6,578

138,315

Eliminated on disposal

-

(50,577

)

-

(50,577

)

At 31st March 2025

1,439

874,489

35,623

911,551

NET BOOK VALUE

At 31st March 2025

286,332

407,011

11,512

704,855

At 31st March 2024

154,609

286,179

18,090

458,878

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

21,043,808

NET BOOK VALUE

At 31st March 2025

21,043,808

At 31st March 2024

21,043,808

Fair value at 31st March 2025 is represented by:

£

Valuation in 2005

86,050

Valuation in 2016

1,420,120

Valuation in 2023

1,155,757

Cost

18,381,881

21,043,808

The directors consider the figures above to reflect the fair value of the investment properties held.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

421,225

437,605

Other debtors

-

115,755

Prepayments and accrued income

217,533

256,339

638,758

809,699

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

361,627

474,171

Corporation tax

361,233

441,385

Social security and other taxes

159,193

107,907

Other creditors

619,510

659,507

Accruals and deferred income

579,754

515,288

2,081,317

2,198,258

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

1,040,000

1,040,000

10.

RESERVES

Fair

Retained

Share

value

earnings

premium

reserve

Totals

£

£

£

£

At 1st April 2024

18,941,159

67,959

2,661,927

21,671,045

Profit for the year

1,213,817

-

-

1,213,817

Dividends

(354,000

)

-

-

(354,000

)

At 31st March 2025

19,800,976

67,959

2,661,927

22,530,862

11.	ULTIMATE CONTROLLING PARTY

Due to the diversity of the shareholding there is no ultimate controlling party.