REGISTERED NUMBER: 08944644 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

HARTLEY HOUSE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M V Santhiapillai

Ms K Wordley

REGISTERED OFFICE:

Third Floor

17 London Road

Bromley

BR1 1DE

REGISTERED NUMBER:

08944644 (England and Wales)

AUDITORS:

Edwards Chartered Accountants

Statutory Auditor

409-411 Croydon Road

Beckenham

Kent

BR3 3PP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

10,971,710

11,099,328

10,971,710

11,099,328

CURRENT ASSETS

Debtors

6

119,491

70,747

Cash at bank and in hand

1,205,529

312,083

1,325,020

382,830

CREDITORS

Amounts falling due within one year

7

1,783,220

1,741,849

NET CURRENT LIABILITIES

(458,200

)

(1,359,019

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,513,510

9,740,309

PROVISIONS FOR LIABILITIES

31,357

3,348

NET ASSETS

10,482,153

9,736,961

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

8,609,828

8,609,828

Retained earnings

1,872,225

1,127,033

10,482,153

9,736,961

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by:

M V Santhiapillai - Director

1.	STATUTORY INFORMATION

Hartley House Limited 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of four years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2024 - 33 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

650,000

AMORTISATION

At 1 April 2024

and 31 March 2025

650,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST OR VALUATION

At 1 April 2024

11,539,773

2,082

184,339

3,243

11,729,437

Additions

-

2,822

149,833

-

152,655

At 31 March 2025

11,539,773

4,904

334,172

3,243

11,882,092

DEPRECIATION

At 1 April 2024

539,773

1,128

85,965

3,243

630,109

Charge for year

230,742

579

48,952

-

280,273

At 31 March 2025

770,515

1,707

134,917

3,243

910,382

NET BOOK VALUE

At 31 March 2025

10,769,258

3,197

199,255

-

10,971,710

At 31 March 2024

11,000,000

954

98,374

-

11,099,328

Cost or valuation at 31 March 2025 is represented by:

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

Valuation in 2024

8,609,829

-

-

-

8,609,829

Cost

2,929,944

4,904

334,172

3,243

3,272,263

11,539,773

4,904

334,172

3,243

11,882,092

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

2,929,944

2,929,944

Aggregate depreciation

(598,319

)

(539,773

)

Freehold land and buildings were valued on an open market basis on 31 March 2024 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

101,915

50,044

Other debtors

17,576

20,703

119,491

70,747

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

76,969

102,907

Amounts owed to group undertakings

1,493,222

1,094,809

Taxation and social security

60,329

370,098

Other creditors

152,700

174,035

1,783,220

1,741,849

8.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

8,609,828

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

John Duggan (Senior Statutory Auditor)

for and on behalf of Edwards Chartered Accountants

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M V Santhiapillai.