REGISTERED NUMBER: 11078425 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

HOGARTH PROPERTY - 15 HANGER LANE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

Mr P Connolly

Mrs S C S Connolly

Registered office:

Chelsey House

Jordans Lane

Jordans

Beaconsfield

Buckinghamshire

HP9 2SW

Registered number:

11078425 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Fixed assets

Tangible assets

4

3,998

-

Investment property

5

15,000,000

15,000,000

15,003,998

15,000,000

Current assets

Debtors

6

2,071,200

2,503,333

Cash at bank

213,042

78,198

2,284,242

2,581,531

Creditors

Amounts falling due within one year

7

85,140

91,152

Net current assets

2,199,102

2,490,379

Total assets less current liabilities

17,203,100

17,490,379

Creditors

Amounts falling due after more than one year

8

(7,459,469

)

(7,458,518

)

Provisions for liabilities

10

(1,000

)

-

Net assets

9,742,631

10,031,861

Capital and reserves

Called up share capital

11

2

2

Revaluation reserve

12

9,580,989

9,580,989

Retained earnings

161,640

450,870

Shareholders' funds

9,742,631

10,031,861

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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

Mr P Connolly - Director

1.	Statutory information

Hogarth Property - 15 Hanger Lane Ltd 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.	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 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

-

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 year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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

The directors consider that accounting for deferred tax on investment property would render the financial statements inaccurate as the corporate structure is designed so as to make a disposal of an individual asset highly unlikely. Any disposal would likely be of the corporate vehicle, rather than the asset itself and as such, deferred tax charges would not be expected to crystallise in the company. The directors therefore do not provide for deferred tax on investment property in the accounts, however, for the sake of prudence have included a contingent liability disclosure in lieu of this provision.

3.	Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

4.	Tangible fixed assets

Plant and

machinery

£

Cost

Additions

5,295

At 31 December 2024

5,295

Depreciation

Charge for year

1,297

At 31 December 2024

1,297

Net book value

At 31 December 2024

3,998

5.	Investment property

Total

£

Fair value

At 1 January 2024

and 31 December 2024

15,000,000

Net book value

At 31 December 2024

15,000,000

At 31 December 2023

15,000,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2018

1,015,037

Valuation in 2019

2,153,359

Valuation in 2020

2,721,741

Valuation in 2023

3,845,000

Cost

5,264,863

15,000,000

6.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

1,429

9,093

Amounts owed by group undertakings

2,060,783

2,493,926

Other debtors

8,988

314

2,071,200

2,503,333

The amounts owed by group undertakings are unsecured, interest-free, have no fixed date of repayment and

are repayable on demand

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

49,574

18,263

Other creditors

35,566

72,889

85,140

91,152

8.

Creditors: amounts falling due after more than one year

2024

2023

£

£

Bank loans

7,459,469

7,458,518

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

7,459,469

7,458,518

9.	Secured debts

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

7,459,469

7,458,518

The company has provided security to its bankers, Shawbrook Bank, by way of a negative pledge. This

security is provided in respect of any monies due to the bank.

10.	Provisions for liabilities

2024

2023

£

£

Deferred tax

1,000

-

Deferred tax

£

Provided during year

1,000

Balance at 31 December 2024

1,000

11.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

2

Ordinary

£1

2

2

12.

Reserves

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

9,580,989

13.	Contingent liabilities

In the event of a property disposal, there would be a deferred tax charge that would crystallise of approximately £2,433,784.

14.	Related party disclosures

Included within other debtors due within one year is an amount of £2,060,783 (2023 - £2,493,926) due from

companies in which the director has a material interest.

15.	Parent company

The ultimate parent company is The Hogarth Property Group Limited and its registered office is Chelsey

House, Jordans Lane, Jordans, Beaconsfield HP9 2SW.

The smallest and largest group financial statements that consolidate this company is The Hogarth Property

Group Limited. Copies of the group accounts are available to the public from the parent company's registered

office at Chelsey House, Jordans Lane, Jordans, Beaconsfield HP9 2SW.