REGISTERED NUMBER: 00899108 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

HENGST (NORTH COTSWOLD) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N H Hanks

SECRETARY:

J E Hanks

REGISTERED OFFICE:

Hill Barn Cottage

Icomb

Stow on the Wold

Cheltenham

Gloucestershire

GL54 1HZ

REGISTERED NUMBER:

00899108 (England and Wales)

ACCOUNTANTS:

Kingscott Dix (Cheltenham) Limited

7 Rockfield Business Park

Old Station Drive

Leckhampton

Cheltenham

GL53 0AN

FIXED ASSETS

Tangible assets

4

784

871

Investment property

5

900,729

900,729

901,513

901,600

CURRENT ASSETS

Debtors

6

4,353

3,350

Cash at bank

33,139

48,314

37,492

51,664

CREDITORS

Amounts falling due within one year

7

1,413

2,567

NET CURRENT ASSETS

36,079

49,097

TOTAL ASSETS LESS CURRENT LIABILITIES

937,592

950,697

PROVISIONS FOR LIABILITIES

8

171,285

171,301

NET ASSETS

766,307

779,396

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Revaluation reserve

9

839,929

839,929

Retained earnings

(78,622

)

(65,533

)

SHAREHOLDERS' FUNDS

766,307

779,396

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 15 November 2025 and were signed by:

N H Hanks - Director

1.	STATUTORY INFORMATION

Hengst (North Cotswold) 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.

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.

Significant judgements and estimates

The directors are of the opinion that there are no significant judgements or estimations used in preparing the 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% on reducing balance

Investment property

In accordance with Financial Reporting Standard for Smaller Entities (effective April 2008) no depreciation is provided in respect of freehold properties which are classified as investment properties. This is a departure from the requirements of the Companies Act 2006 which requires all properties to be depreciated. Such properties are not held for consumption but for investment and the director considers that to depreciate them would not give a true and fair view.

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.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 March 2024

and 28 February 2025

13,283

DEPRECIATION

At 1 March 2024

12,412

Charge for year

87

At 28 February 2025

12,499

NET BOOK VALUE

At 28 February 2025

784

At 29 February 2024

871

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2024

and 28 February 2025

900,729

NET BOOK VALUE

At 28 February 2025

900,729

At 29 February 2024

900,729

Fair value at 28 February 2025 is represented by:

£

Valuation in 1991

60,290

Valuation in 2022

840,439

900,729

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

2025

2024

£

£

Cost

60,800

60,290

Investment property was valued on an open market basis on 18 February 2022 by Bruton Knowles .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

4,353

3,350

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

426

Taxation and social security

-

777

Other creditors

1,413

1,364

1,413

2,567

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

171,285

171,301

Deferred

tax

£

Balance at 1 March 2024

171,301

Provided during year

(16

)

Balance at 28 February 2025

171,285

9.

RESERVES

Revaluation

reserve

£

At 1 March 2024

and 28 February 2025

839,929

10.	ULTIMATE CONTROLLING PARTY