Hartley Corner Propco Limited

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

Registered number: 14156271

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		4,173,800		4,080,000

			4,173,800		4,080,000
CURRENT ASSETS
Debtors	5	54,655		52,362
Cash at bank and in hand		84,382		14,475

		139,037		66,837
Creditors: Amounts Falling Due Within One Year	6	(3,906,529 )		(3,890,800 )

NET CURRENT ASSETS (LIABILITIES)			(3,767,492 )		(3,823,963 )

TOTAL ASSETS LESS CURRENT LIABILITIES			406,308		256,037

NET ASSETS			406,308		256,037

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			406,208		255,937

SHAREHOLDERS' FUNDS			406,308		256,037

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

Lora Beltcheva

Director

30 September 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Hartley Corner Propco Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14156271 . The registered office is 5th Floor, 30-31 Furnival Street, London, EC4A 1JQ.

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. Turnover

Turnover represents rental income receivable from tenants at the company's investment property.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the period was as follows: 2 (2023: 2)

4. Investment Property

	2024
	£
Fair Value
As at 1 January 2024	4,080,000
Revaluations	93,800

As at 31 December 2024	4,173,800

5. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	-	309
Funds held by managing agents and block management agents	722	1,000
Amounts owed by other participating interests	53,933	51,053

	54,655	52,362

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Other loans	2,325,113	2,331,648
Accruals and deferred income	29,845	7,581
Amounts owed to parent undertaking	1,551,571	1,551,571

	3,906,529	3,890,800

Page 2

Page 3

Hartley Corner Propco Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

8. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Socratic Holdco Limited. Socratic Holdco Limited was incorporated in England and Wales. The ultimate controlling party is the director, Lora Beltcheva who owns 100% of the shares of Socratic Holdco Limited.

9. Tenancy deposits

As at 31 December 2024 there were tenancy deposits of £12,047 being held in the managing agent's client deposit account.