REGISTERED NUMBER: 03395786 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

HENRY GEORGE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J Skerten

J Q Conning

REGISTERED OFFICE:

Swatton Barn

Badbury

Swindon

Wiltshire

SN4 0EU

REGISTERED NUMBER:

03395786 (England and Wales)

ACCOUNTANTS:

the dt group

Chartered Accountants

Swatton Barn

Badbury

Swindon

Wiltshire

SN4 0EU

BANKERS:

National Westminster Bank Plc

84 Commercial Road

Swindon

Wiltshire

SN1 5NW

FIXED ASSETS

Tangible assets

4

-

131,700

Investment property

5

130,175

-

130,175

131,700

CURRENT ASSETS

Debtors

6

-

865

Cash at bank

6,695

6,241

6,695

7,106

CREDITORS

Amounts falling due within one year

7

16,361

15,537

NET CURRENT LIABILITIES

(9,666

)

(8,431

)

TOTAL ASSETS LESS CURRENT LIABILITIES

120,509

123,269

CREDITORS

Amounts falling due after more than one year

8

(24,548

)

(30,069

)

PROVISIONS FOR LIABILITIES

(1,682

)

(1,682

)

NET ASSETS

94,279

91,518

CAPITAL AND RESERVES

Called up share capital

2,964

2,964

Revaluation reserve

59,542

60,157

Capital redemption reserve

61

61

Retained earnings

31,712

28,336

SHAREHOLDERS' FUNDS

94,279

91,518

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2025 and were signed on its behalf by:

J Q Conning - Director

R J Skerten - Director

1.	STATUTORY INFORMATION

Henry George 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.

The directors have assessed the company's future projections and cash flow forecasts and believe that the going concern basis of preparation remains appropriate.

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.

Land and buildings

-

2% straight line basis and not provided

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 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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2024

150,000

Reclassification/transfer

(150,000

)

At 31 March 2025

-

DEPRECIATION

At 1 April 2024

18,300

Reclassification/transfer

(18,300

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

131,700

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Reclassification/transfer

150,000

At 31 March 2025

150,000

DEPRECIATION

Charge for year

1,525

Reclassification/transfer

18,300

At 31 March 2025

19,825

NET BOOK VALUE

At 31 March 2025

130,175

Fair value at 31 March 2025 is represented by:

£

Valuation in 2002

30,499

Valuation in 2007

130,000

Valuation in 2012

(100,000

)

Cost

89,501

150,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

89,501

89,501

Aggregate depreciation

(6,370

)

(5,460

)

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

865

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,521

5,385

Trade creditors

1,563

3,135

Taxation and social security

2,497

1,327

Other creditors

6,780

5,690

16,361

15,537

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

24,548

30,069

9.	SECURED DEBTS

The bank overdraft is secured by way of a legal charge dated 13th January 2003 over property known as 46 Kingsbury Street, Marlborough, Wiltshire.

10.	RELATED PARTY DISCLOSURES

Unless otherwise disclosed, all related party transactions have been conducted under normal market conditions, including dividend payments to it's shareholders.