REGISTERED NUMBER: 12658687 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

HOGARTH PROPERTY - 42 LYNTON ROAD LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

Mr P Connolly

Mrs S C S Connolly

Registered office:

Chelsey House

Jordans Lane

Jordans

Beaconsfield

Buckinghamshire

HP9 2SW

Registered number:

12658687 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Fixed assets

Tangible assets

4

847

1,059

Investment property

5

3,062,409

2,500,000

3,063,256

2,501,059

Current assets

Debtors

6

13,270

93

Cash at bank

759

15,900

14,029

15,993

Creditors

Amounts falling due within one year

7

2,380,481

1,854,246

Net current liabilities

(2,366,452

)

(1,838,253

)

Total assets less current liabilities

696,804

662,806

Provisions for liabilities

8

212

265

Net assets

696,592

662,541

Capital and reserves

Called up share capital

9

1

1

Revaluation reserve

10

651,401

651,401

Retained earnings

45,190

11,139

Shareholders' funds

696,592

662,541

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 - 42 Lynton Road 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.

Fixtures and fittings

-

20% 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

Fixtures

and

fittings

£

Cost

At 1 January 2024

and 31 December 2024

1,369

Depreciation

At 1 January 2024

310

Charge for year

212

At 31 December 2024

522

Net book value

At 31 December 2024

847

At 31 December 2023

1,059

5.	Investment property

Total

£

Fair value

At 1 January 2024

2,500,000

Additions

562,409

At 31 December 2024

3,062,409

Net book value

At 31 December 2024

3,062,409

At 31 December 2023

2,500,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2023

651,401

Cost

2,411,008

3,062,409

6.

Debtors: amounts falling due within one year

2024

2023

£

£

Other debtors

13,270

93

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

65,580

-

Amounts owed to group undertakings

2,312,901

1,821,234

Taxation and social security

-

2,331

Other creditors

2,000

30,681

2,380,481

1,854,246

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

are repayable on demand

8.	Provisions for liabilities

2024

2023

£

£

Deferred tax

212

265

Deferred tax

£

Balance at 1 January 2024

265

Provided during year

(53

)

Balance at 31 December 2024

212

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

£1

1

1

10.

Reserves

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

651,401

11.	Contingent liabilities

In the event of a property disposal, there would be a deferred tax charge that would crystallise of approximately £162,850.

12.	Related party disclosures

Included within other creditors due within one year is an amount of £2,312,901 (2023 - £1,821,234) due to

companies in which the director has a material interest.

13.	Parent company

The ultimate controlling parties are P Connolly and S Connolly who own 50% each of the entire issued share

capital of The Hogarth Property Group Limited, the ultimate parent company.

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.