IRIS Accounts Production v25.2.0.378 07196972 director 1.3.24 28.2.25 28.2.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07196972 2024-02-29 07196972 2025-02-28 07196972 2024-03-01 2025-02-28 07196972 2023-02-28 07196972 2023-03-01 2024-02-29 07196972 2024-02-29 07196972 ns15:EnglandWales 2024-03-01 2025-02-28 07196972 ns14:PoundSterling 2024-03-01 2025-02-28 07196972 ns10:Director1 2024-03-01 2025-02-28 07196972 ns10:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 07196972 ns10:SmallEntities 2024-03-01 2025-02-28 07196972 ns10:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 07196972 ns10:SmallCompaniesRegimeForDirectorsReport 2024-03-01 2025-02-28 07196972 ns10:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 07196972 ns10:FullAccounts 2024-03-01 2025-02-28 07196972 ns10:CompanySecretary1 2024-03-01 2025-02-28 07196972 ns10:RegisteredOffice 2024-03-01 2025-02-28 07196972 ns5:CurrentFinancialInstruments 2025-02-28 07196972 ns5:CurrentFinancialInstruments 2024-02-29 07196972 ns5:ShareCapital 2025-02-28 07196972 ns5:ShareCapital 2024-02-29 07196972 ns5:RetainedEarningsAccumulatedLosses 2025-02-28 07196972 ns5:RetainedEarningsAccumulatedLosses 2024-02-29

REGISTERED NUMBER: 07196972 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

HACKBERRY DEVELOPMENTS UK LIMITED

HACKBERRY DEVELOPMENTS UK LIMITED (REGISTERED NUMBER: 07196972)

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 28 February 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

HACKBERRY DEVELOPMENTS UK LIMITED

COMPANY INFORMATION

for the Year Ended 28 February 2025

| DIRECTOR: | S A Robinson

| SECRETARY: |

| REGISTERED OFFICE: | Belmore Park

| Belmore Lane

| Upham

| Hampshire

| SO32 1HQ

| REGISTERED NUMBER: | 07196972 (England and Wales)

| ACCOUNTANTS: | David Shores & Co Ltd

| 36a Station Road

| New Milton

| Hampshire

| BH25 6JX

HACKBERRY DEVELOPMENTS UK LIMITED (REGISTERED NUMBER: 07196972)

BALANCE SHEET

28 February 2025

| 2025 |  | 2024

| Notes | £ | £ |

CURRENT ASSETS

Stocks | 1 |  | 1 |  |

Cash at bank | 377 |  | 805 |  |

378 |  | 806 |  |

CREDITORS

Amounts falling due within one year | 4 | 42,925 |  | 40,980 |  |

NET CURRENT LIABILITIES | (42,547 | ) | (40,174 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (42,547 | ) | (40,174 | ) |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Retained earnings | (42,548 | ) | (40,175 | ) |

(42,547 | ) | (40,174 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 November 2025 and were signed by:

S A Robinson - Director

HACKBERRY DEVELOPMENTS UK LIMITED (REGISTERED NUMBER: 07196972)

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 28 February 2025

1. | STATUTORY INFORMATION

| Hackberry Developments UK 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.

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.

| Going concern

| At the date of approval of these financial statement, the director has a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities, as they fall due in the foreseeable future, being a period of at least twelve months from the date of these financial statements being approved. Accordingly the company continues to adopt the going concern basis in preparation of these financial statements. The financial statements have been prepared on a going concern basis dependent on the continued support from the holding company and the director.

| Stocks

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, 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.

HACKBERRY DEVELOPMENTS UK LIMITED (REGISTERED NUMBER: 07196972)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 28 February 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities and include trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

| Financial assets are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.

| Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled.

| Employment benefits

| The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

| The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

| Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

| Provisions

| Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

| Government grants

| Revenue grants are recognised on an accrual's basis over the periods in which the company recognises the related costs.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 17,387 |  | 17,449 |  |

| Amounts owed to group undertakings | 24,438 |  | 22,456 |  |

| Other creditors | 1,100 |  | 1,075 |  |

42,925 |  | 40,980 |  |

5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| Hackberry Developments UK Limited is party to a cross-guarantee on loans advanced to fellow subsidiary companies and former fellow subsidiary companies in the R Estates (2010) Limited group.

| The contingent liability in respect of this guarantee is £15,397,321 (2023 - £26,987,589).

6. | RELATED PARTY DISCLOSURES

| The company has taken advantage of the exemption available in FRS102 Section 33.1A 'Related party disclosures' where it has not disclosed transactions with its parent company.

HACKBERRY DEVELOPMENTS UK LIMITED (REGISTERED NUMBER: 07196972)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 28 February 2025

7. | ULTIMATE CONTROLLING PARTY

| The parent company of Hackberry Developments UK Limited is R Estates (2010) Limited and its registered office is Belmore Park, Upham, Hampshire, SO32 1HQ, United Kingdom.