HRF UK Holdings Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13691965

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		736,784		529,822

			736,784		529,822
CURRENT ASSETS
Debtors	5	3,665,469		3,712,469
Cash at bank and in hand		2,943		40,686

		3,668,412		3,753,155
Creditors: Amounts Falling Due Within One Year	6	(3,670,377 )		(3,754,240 )

NET CURRENT ASSETS (LIABILITIES)			(1,965 )		(1,085 )

TOTAL ASSETS LESS CURRENT LIABILITIES			734,819		528,737

NET ASSETS			734,819		528,737

CAPITAL AND RESERVES
Called up share capital	7		1		1
Fair value reserve	8		736,783		529,821
Profit and Loss Account			(1,965 )		(1,085 )

SHAREHOLDERS' FUNDS			734,819		528,737

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HRF UK Holdings Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

William Harrison Bainbridge

Director

29 September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

HRF UK Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13691965 . The registered office is 809 Salisbury House, 29 Finsbury Circus, London, EC2M 7AQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Investment

Investments in subsidiaries are recognised at fair value at each year-end. The entity makes an irrevocable decision to classify all changes in fair value through other comprehensive income.

Investment in subsidiaries are valued by the director of the company based on the net asset value of the subsidiaries as on the reporting date.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 January 2024	529,822
Revaluations	206,962

As at 31 December 2024	736,784

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	736,784

As at 1 January 2024	529,822

Unlisted investments include investment in shares of subsidiary undertaking.

The company holds 100% of the shares of the following company:

Hrf 101 Ltd (Nature of Business: Other letting and operating of own or leased real estate)

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HRF UK Holdings Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Debtors

	2024	2023
	£	£
Due within one year
Amounts owed by subsidiaries	3,665,469	3,712,469

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Accruals and deferred income	1,001	420
Amounts owed to parent undertaking	3,669,376	3,753,820

	3,670,377	3,754,240

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1	1

8. Reserves

	Fair Value Reserve
	£
As at 1 January 2024	529,821
Movements in fair value reserve	206,962

As at 31 December 2024	736,783

9. Related Party Transactions

Included in debtors due within one year is an amount of £3,665,469 (2023: £3,712,469) owed from its subsidiary undertaking. The amount is interest free and receivable on demand.

Included in creditors due within one year is an amount of £3,669,376 (2023: £3,753,820) owed to its parent undertaking. The amount is interest free and repayable on demand.

10. Ultimate Parent Undertaking and Controlling Party

The company's parent undertaking is Hawthorn Residential Fund GP Ltd . Hawthorn Residential Fund GP Ltd was incorporated in Jersey. Copies of the parent company's financial statements may be obtained from the secretary, 3rd Floor, Liberation House, Castle Street, St Helie, Jersey, JE1 2LH .

11. Movements in fair value reserve

The movements in fair value reserve indicates the recognition of change in fair value of the investment in subsidiaries. As the entity expects to sell the assets in subsidiaries and pay dividend which is tax free, no deferred tax liability has been created on the increase in fair value of the investment in subsidiaries.

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