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REGISTERED NUMBER: 11688993 (England and Wales)

















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2025

FOR

HADI SM INVESTMENTS LTD
HADI SM INVESTMENTS LTD (REGISTERED NUMBER: 11688993)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


HADI SM INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2025







DIRECTOR: Mr A Bawa





REGISTERED OFFICE: New City House
Floor 6 & 7, 57-63 Ringway
Preston
Lancashire
PR1 1AF





REGISTERED NUMBER: 11688993 (England and Wales)





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HADI SM INVESTMENTS LTD (REGISTERED NUMBER: 11688993)

STATEMENT OF FINANCIAL POSITION
28TH FEBRUARY 2025

28/2/25 29/2/24
as restated
Notes £    £   
FIXED ASSETS
Investments 4 100 -
Investment property 5 33,663,437 17,413,514
33,663,537 17,413,514

CURRENT ASSETS
Debtors 6 2,392,920 431,027
Cash at bank and in hand 68,338 11,136
2,461,258 442,163
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR
7
(29,621,652
)
(13,078,237
)
NET CURRENT LIABILITIES (27,160,394 ) (12,636,074 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
6,503,143
4,777,440

PROVISIONS FOR LIABILITIES (206,724 ) -
NET ASSETS 6,296,419 4,777,440

CAPITAL AND RESERVES
Called up share capital 8 200 100
Non-distributable retained earnings 9 620,172 -
Retained earnings 9 5,676,047 4,777,340
SHAREHOLDERS' FUNDS 6,296,419 4,777,440

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 28th 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 notes on pages 4 to 8 form part of these financial statements

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HADI SM INVESTMENTS LTD (REGISTERED NUMBER: 11688993)

STATEMENT OF FINANCIAL POSITION - continued
28TH FEBRUARY 2025


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 director and authorised for issue on 4th November 2025 and were signed by:





Mr A Bawa - Director


The notes on pages 4 to 8 form part of these financial statements

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HADI SM INVESTMENTS LTD (REGISTERED NUMBER: 11688993)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2025


1. STATUTORY INFORMATION

Hadi Sm Investments Ltd 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.

GOING CONCERN
The director has reviewed future projections, including preparing cash flow forecasts, which they feel adequately reflect the current uncertain economic environment. After considering all relevant uncertainties, the director has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

INVESTMENT PROPERTY
Investment properties are carried at fair value at the reporting date, with changes in fair value 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 statement of financial position date.


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HADI SM INVESTMENTS LTD (REGISTERED NUMBER: 11688993)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2025


2. ACCOUNTING POLICIES - continued
DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
Additions 100
At 28th February 2025 100
NET BOOK VALUE
At 28th February 2025 100

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st March 2024 17,413,514
Additions 15,423,027
Revaluations 826,896
At 28th February 2025 33,663,437
NET BOOK VALUE
At 28th February 2025 33,663,437
At 29th February 2024 17,413,514

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HADI SM INVESTMENTS LTD (REGISTERED NUMBER: 11688993)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2025


5. INVESTMENT PROPERTY - continued

Fair value at 28th February 2025 is represented by:
£   
Valuation in 2025 826,896
Cost 32,836,541
33,663,437

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

28/2/25 29/2/24
as restated
£    £   
Cost 32,836,541 17,413,514

Investment properties are carried at fair value at the reporting date, with changes in fair value recognised in profit or loss. The fair values have been determined by the directors, using market data for comparable properties, recent transaction evidence, and other relevant information available at the balance sheet date.

Included within investment properties is investment property under construction with a net book value of £8m (2024: £7m) which is carried at cost until either fair value can be reliably determined or construction is complete, at which point it is transferred to investment property and measured at fair value.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/2/25 29/2/24
as restated
£    £   
Trade debtors 65,290 5,500
Other debtors 2,327,630 425,527
2,392,920 431,027

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/2/25 29/2/24
as restated
£    £   
Trade creditors 146,622 418,478
Taxation and social security 862,435 1,573,494
Other creditors 28,612,595 11,086,265
29,621,652 13,078,237

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HADI SM INVESTMENTS LTD (REGISTERED NUMBER: 11688993)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2025


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28/2/25 29/2/24
value: as
restated
£    £   
200 Ordinary £1 200 100

9. RESERVES
Non-distributable
Retained retained
earnings earnings Totals
£    £    £   

At 1st March 2024 4,777,340 - 4,777,340
Profit for the year 1,518,879 1,518,879
Transfer between reserves (620,172 ) 620,172 -
At 28th February 2025 5,676,047 620,172 6,296,219

The non-distributable element of retained earnings represents unrealised gains arising from the revaluation of investment properties to fair value at the reporting date. These amounts are not considered realised profits and, accordingly, are not available for distribution. The balance will only become distributable when the underlying investment properties are disposed of and the gains are realised. This has been shown separately as non-distributable retained earnings for presentational purposes only, but falls part of the retained earnings.

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 28th February 2025 and the period ended 29th February 2024:

28/2/25 29/2/24
as restated
£    £   
Mr A Bawa
Balance outstanding at start of year 425,527 (610,261 )
Amounts advanced 1,265,975 1,035,788
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,691,502 425,527

11. RELATED PARTY DISCLOSURES

Included within the financial statements is amounts owed to entities with common directorship of £28.4m (2024: £11m).

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HADI SM INVESTMENTS LTD (REGISTERED NUMBER: 11688993)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2025


12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party are the shareholders of the company, in the current and preceding year.

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