Hazeldene Contracts Limited

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

Registered number: 03351926

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		3,840		3,057
Investment Properties	6		3,966,124		3,237,558

			3,969,964		3,240,615
CURRENT ASSETS
Cash at bank and in hand		13,937		31,007

		13,937		31,007
Creditors: Amounts Falling Due Within One Year	7	(4,579,765 )		(3,871,421 )

NET CURRENT ASSETS (LIABILITIES)			(4,565,828 )		(3,840,414 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(595,864 )		(599,799 )

NET LIABILITIES			(595,864 )		(599,799 )

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			(595,865 )		(599,800 )

SHAREHOLDERS' FUNDS			(595,864)		(599,799)

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 her 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

Mrs E Puxley

Director

22/10/2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Hazeldene Contracts Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03351926 . The registered office is Woodland Barn, Chart Court Farm Pluckley Road, Little Chart, Ashford, Kent, TN27 0QH.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

2. Statement of Compliance

The financial statements have been prepared 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.

3. Accounting Policies

3.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention.

3.2. Going Concern Disclosure

The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

3.3. Significant judgements and estimations

No judgements have been made in the process of applying the accounting policies that have had a significant effect on the amounts recognised in the financial statements.

No key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year have been made.

3.4. 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.

3.5. 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:

Plant & Machinery	20% straight line method
Fixtures & Fittings	10% straight line method

3.6. 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.

3.7. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

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Hazeldene Contracts Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

3.8. Financial Instruments

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3.9. Interest Receivable

Interest income is recognised in the profit and loss account using the effective interest method.

3.10. Interest Payable

Finance costs are charged to the profit and loss account over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

All borrowing costs are recognised in profit or loss in the year they are incurred.

3.11. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax is recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3.12. Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

4. Average Number of Employees

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

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2024	61,189	14,121	75,310
Additions	4,800	-	4,800

As at 31 March 2025	65,989	14,121	80,110

Depreciation
As at 1 April 2024	58,132	14,121	72,253
Provided during the period	4,017	-	4,017

As at 31 March 2025	62,149	14,121	76,270

Net Book Value
As at 31 March 2025	3,840	-	3,840

As at 1 April 2024	3,057	-	3,057

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Hazeldene Contracts Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Investment Property

	2025
	£
Fair Value
As at 1 April 2024	3,237,558
Additions	728,566

As at 31 March 2025	3,966,124

No valuations have been carried out this year so the investment properties remain at cost.

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	635	4,120
Accruals and deferred income	2,462	2,315
Director's loan account	4,576,668	3,864,986

	4,579,765	3,871,421

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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