Harton Properties Limited - Filleted accounts

Registered number

05986309

Harton Properties Limited

Filleted Accounts

30 September 2024

Harton Properties Limited
Registered number:	05986309
Balance Sheet
as at 30 September 2024

		2024			2023
£			£

Fixed assets		1,033,698			1,113,884
Current assets	30,044			17,478
Creditors: amounts falling due within one year	(1,012,885)			(576,538)
Net current liabilities		(982,841)			(559,060)
Total assets less current liabilities		50,857			554,824
Creditors: amounts falling due after more than one year		-			(561,929)
Net assets/(liabilities)		50,857			(7,105)

Capital and reserves		50,857			(7,105)

Number			Number
Average number of employees		2			3

Transition to FRS 105 The company has adopted FRS 105 for the first time this year, having previously prepared its financial statements under FRS 102 Section 1A. As part of this transition, investment properties previously measured at fair value under FRS 102 have been restated at historic cost in accordance with FRS 105, which does not permit the use of fair value or revaluation models. No depreciation has been charged on these properties as the director considers that the residual value of the properties is not expected to fall below their original cost, and therefore no depreciation is required. This view is based on the properties being well maintained and located in areas where values have remained stable or appreciated in real terms. The revaluation reserve previously recognised under FRS 102 has been eliminated on transition. No other material adjustments to assets, liabilities, or equity have arisen as a result of adopting FRS 105.
The company is a private company limited by shares and incorporated in England. Its registered office is 5 Wellington Drive, Rugeley, Staffordshire, WS15 2JX.
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


M Harvey
Director
Approved by the board on 26 September 2025