Registration number: 12521162

HBA Meadows Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

HBA Meadows Limited

(Registration number: 12521162)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,443	844
Investment property	5	1,214,100	1,208,986
		1,215,543	1,209,830
Current assets
Debtors	6	860	733
Cash at bank and in hand		30,560	20,489
		31,420	21,222
Creditors: Amounts falling due within one year	7	(346,588)	(359,666)
Net current liabilities		(315,168)	(338,444)
Total assets less current liabilities		900,375	871,386
Creditors: Amounts falling due after more than one year	7	(836,166)	(833,631)
Provisions for liabilities		(16,421)	(9,807)
Net assets		47,788	27,948
Capital and reserves
Called up share capital	8	2	2
Other reserves		49,326	45,346
Profit and loss account		(1,540)	(17,400)
Shareholders' funds		47,788	27,948

HBA Meadows Limited

(Registration number: 12521162)
Balance Sheet as at 31 March 2025

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 November 2025:

 

Mrs H Heffernan
Director

 

Mr C B Heffernan
Director

HBA Meadows Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
85 Grantchester Meadows
Cambridge
CB3 9JN

2	Accounting policies

Basis of preparation

These financial statements have been prepared using the historical cost convention in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

The presentation currency is sterling.

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern
The financial statements have been prepared on a going concern basis.

Revenue recognition
Turnover comprises rental income received or receivable in the ordinary course of the company's activities.

The company recognises revenue when:

The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities

Tax

The tax expense for the period comprises current and deferred tax and is recognised in the Profit and Loss Account.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

HBA Meadows Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation
Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and equipment	25% straight line

Investment property

Investment properties are measured at fair value at each reporting date, with changes in fair value recognised in the Profit and Loss Account.

Cash
Cash comprises cash on hand and all deposits.

Borrowings

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	Staff numbers

The average number of persons employed by the company during the year was 0 (2024 - 0).

HBA Meadows Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Plant and equipment  £	Total £
Cost
At 1 April 2024	2,893	2,893
Additions	1,399	1,399
Disposals	(199)	(199)
At 31 March 2025	4,093	4,093
Depreciation
At 1 April 2024	2,049	2,049
Charge for the year	730	730
Eliminated on disposal	(129)	(129)
At 31 March 2025	2,650	2,650
Net book value
At 31 March 2025	1,443	1,443
At 31 March 2024	844	844

5	Investment property

	2025 £	2024 £
At 1 April	1,208,986	1,194,197
Fair value adjustments	5,114	14,789
At 31 March	1,214,100	1,208,986

The properties were valued by the directors at their market value using current market data for similar properties in the same areas.

6

Debtors

	2025 £	2024 £
Prepayments	860	733
	860	733

HBA Meadows Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Other creditors	3,652	2,483
Other loans	335,146	354,519
Accruals	7,790	2,664
	346,588	359,666