Halcyon Property UK Limited

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

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Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 05126902

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	5	17,325		214
Cash at bank and in hand		770		55

		18,095		269
Creditors: Amounts Falling Due Within One Year	6	(397,849 )		(369,360 )

NET CURRENT ASSETS (LIABILITIES)			(379,754 )		(369,091 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(379,754 )		(369,091 )

Creditors: Amounts Falling Due After More Than One Year	7		(10,234 )		(23,217 )

NET LIABILITIES			(389,988 )		(392,308 )

CAPITAL AND RESERVES
Called up share capital			2		2
Profit and Loss Account			(389,990 )		(392,310 )

SHAREHOLDERS' FUNDS			(389,988)		(392,308)

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges his 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

Mr Mark Ticktum

Director

24 September 2025

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

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Halcyon Property UK Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Halcyon Property UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05126902 . The registered office is 10 Scandia-Hus Business Park, Felcourt Road, Felcourt, East Grinstead, West Sussex, RH19 2LP.

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. Going Concern Disclosure

The financial statements have been prepared on a going concern basis.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

33% on Cost

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	45,725

As at 31 March 2025	45,725

Depreciation
As at 1 April 2024	45,725

As at 31 March 2025	45,725

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

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Halcyon Property UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	17,325	214

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	10,526	9,204
Bank loans and overdrafts	12,212	10,000
Other creditors	374,581	348,771
Taxation and social security	530	1,385

	397,849	369,360

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	10,234	23,217

8. Related Party Transactions

Summary of transactions with other related parties

Halcyon Residences LLP - a limited liability partnership under common control and ownership

During the year the company recharged overheads and other expenses to Halcyon Residences LLP totalling £33,201 (2024 - £41,500). At the balance sheet date the amount due from/(to) Halcyon Residences LLP was £12,369 (2024 - (£3,130)).

Mr Mark Ticktum - Director and owner

During the year the company repaid/(borrowed) £45,460 (2024: (£44,742)) to/(from) Mr Mark Ticktum. At the balance sheet date the amount due to Mr Mark Ticktum was £211,506 (2024: £256,966).

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Director	Mr Mark Ticktum

Company Number	05126902

Registered Office	10 Scandia-Hus Business Park
	Felcourt Road, Felcourt
	East Grinstead
	West Sussex
	RH19 2LP

Accountants	Merranti Accounting Ltd
	10 Scandia-Hus Business Park
	Felcourt Road, Felcourt
	East Grinstead
	West Sussex
	RH19 2LP