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Registration number: 14896362

Hyde Properties Group Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 May 2025

Hyde Properties Group Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 11

Hyde Properties Group Limited

Company Information

Director | Mr M Hyde

Registered office | St Ethelbert House Ryelands Street Hereford Herefordshire HR4 0LA

Accountants | Young & Co St Ethelbert House Ryelands Street Hereford Herefordshire HR4 0LA

Hyde Properties Group Limited

(Registration number: 14896362)
Balance Sheet as at 31 May 2025

| Note | 2025 £ | 2024 £
Tangible assets | 4 | 1,290,000 | 1,290,000
Investments | 5 | 8,578 | 8,578
|  | 1,298,578 | 1,298,578
Current assets |  |  |
Debtors | 6 | 160,892 | 105,794
Cash at bank and in hand |  | 6,303 | -
|  | 167,195 | 105,794
Creditors: Amounts falling due within one year | 7 | (65,383) | (80,956)
Net current assets |  | 101,812 | 24,838
Total assets less current liabilities |  | 1,400,390 | 1,323,416
Creditors: Amounts falling due after more than one year | 7 | (261,041) | (273,425)
Net assets |  | 1,139,349 | 1,049,991
Capital and reserves |  |  |
Called up share capital | 8 | 8,578 | 100
Retained earnings |  | 1,130,771 | 1,049,891
Shareholders' funds |  | 1,139,349 | 1,049,991

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Hyde Properties Group Limited

(Registration number: 14896362)
Balance Sheet as at 31 May 2025
(continued)

These financial statements have been prepared and 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 31 October 2025

......................................... Mr M Hyde Director

Hyde Properties Group Limited

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

1 | General information

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

The address of its registered office is:
St Ethelbert House
Ryelands Street
Hereford
Herefordshire
HR4 0LA
England

These financial statements were authorised for issue by the director on 31 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.

Hyde Properties Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025
(continued)

2 | Accounting policies (continued)

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income 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.

Tangible assets

Tangible assets are stated in the balance sheet 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.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Hyde Properties Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025
(continued)

2 | Accounting policies (continued)

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.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Hyde Properties Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025
(continued)

4 | Tangible assets

| Investment Property £ | Total £
Cost or valuation
At 1 June 2024 | 1,290,000 | 1,290,000
At 31 May 2025 | 1,290,000 | 1,290,000
Depreciation
Carrying amount
At 31 May 2025 | 1,290,000 | 1,290,000
At 31 May 2024 | 1,290,000 | 1,290,000

Included within the net book value of land and buildings above is £1,290,000 (2024 - £1,290,000) in respect of freehold land and buildings.

5 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 8,578 | 8,578

Hyde Properties Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025
(continued)

5 | Investments (continued)

Subsidiaries | £
Cost or valuation
At 1 June 2024 | 8,578
Provision
Carrying amount
At 31 May 2025 | 8,578
At 31 May 2024 | 8,578

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2025 | 2024
Subsidiary undertakings
Hereford Industrial Supply Limited | England | Ordinary | 100% | 100%

Subsidiary undertakings
Hereford Industrial Supply Limited The principal activity of Hereford Industrial Supply Limited is purchase and hire of industrial equipment.

Hyde Properties Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025
(continued)

6 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 81,569 | -
Amounts owed by related parties |  | 78,154 | 105,694
Prepayments |  | 1,169 | -
Other debtors |  | - | 100
|  | 160,892 | 105,794

Hyde Properties Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025
(continued)

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 50,586 | 59,336
Trade creditors |  | 79 | -
Taxation and social security |  | 13,016 | 21,620
Accruals and deferred income |  | 1,702 | -
|  | 65,383 | 80,956

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 261,041 | 273,425

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary share of £1 each | 100 | 100 | 100 | 100

9 | Loans and borrowings

Non-current loans and borrowings

Hyde Properties Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025
(continued)

9 | Loans and borrowings (continued)

| 2025 £ | 2024 £
Bank borrowings | 261,041 | 273,425

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 50,586 | 59,336

Bank borrowings

The bank overdraft and loan, which total £311,627 are secured by a debenture over all the company's assets and undertakings.