HANCOTT HOMES LTD


Directors	HANCOTT, Claire
	HANCOTT, Simon


Registered Address	The Coach House Care Of Ewemove
	West Street
	Leighton Buzzard
	LU7 1DA


Registered Number	11946017 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		2,839,774		2,424,152
			2,839,774		2,424,152
Current assets
Debtors	5	7,200		8,017
Cash at bank and on hand		41,696		19,636
		48,896		27,653
Creditors amounts falling due within one year	6	(750,144)		(647,787)
Net current assets (liabilities)			(701,248)		(620,134)
Total assets less current liabilities			2,138,526		1,804,018
Creditors amounts falling due after one year	7		(1,654,585)		(1,477,022)
Net assets			483,941		326,996
Capital and reserves
Called up share capital			2		2
Revaluation reserve			476,693		335,079
Profit and loss account			7,246		(8,085)
Shareholders' funds	9		483,941		326,996

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 22 October 2025, and are signed on its behalf by:

HANCOTT, Claire
Director
Registered Company No. 11946017

HANCOTT HOMES LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	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.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 24	2,424,152
	Additions	274,008
	Revaluations	141,614
	At 31 March 25	2,839,774
	Net book value
	At 31 March 25	2,839,774
	At 31 March 24	2,424,152

4.	Revaluation of property, plant and equipment

		2025		2024
		£		£
	Property, plant and equipment / tangible fixed assets	141,614		173,928

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	849	2,283
Prepayments and accrued income	6,351	5,734
Total	7,200	8,017

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	1,274	1,142
Other creditors	748,870	646,645
Total	750,144	647,787

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	1,654,585	1,477,022
Total	1,654,585	1,477,022

8.	Share capital
	Called up Share Capital 2

9.	Revaluation reserve


		£
	Reserve at 01 April 24	335,079
	Revaluations of plant, property and equipment	141,614
	At 31 March 25	476,693

10.	Controlling party
	The ultimate controlling party is Mr and Mrs Hancott by virtue of their shareholding.