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Company Registration No. 13490871 (England and Wales)
Primrose Hill Property Hub Ltd Unaudited accounts for the year ended 31 March 2025
Primrose Hill Property Hub Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Primrose Hill Property Hub Ltd Company Information for the year ended 31 March 2025
Directors
Stewart Gerrard Hendry Nicola Hendry
Company Number
13490871 (England and Wales)
Registered Office
The Ferns Primrose Hill Ruscombe Stroud GL6 6DJ England
Accountants
Next Level Accountants Limited 35 Goddard Way Tuffley Gloucester Gloucestershire GL4 0YA
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Primrose Hill Property Hub Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
1,161,735
1,131,204
Current assets
Debtors
5
-
13,821
Cash at bank and in hand
1,192
4,015
1,192
17,836
Creditors: amounts falling due within one year
6
(266,486)
(254,606)
Net current liabilities
(265,294)
(236,770)
Total assets less current liabilities
896,441
894,434
Creditors: amounts falling due after more than one year
7
(706,097)
(752,649)
Provisions for liabilities
Deferred tax
(30,340)
(30,340)
Net assets
160,004
111,445
Capital and reserves
Called up share capital
100
100
Profit and loss account
159,904
111,345
Shareholders' funds
160,004
111,445
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 November 2025 and were signed on its behalf by
Stewart Gerrard Hendry Director Company Registration No. 13490871
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Primrose Hill Property Hub Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Primrose Hill Property Hub Ltd is a private company, limited by shares, registered in England and Wales, registration number 13490871. The registered office is The Ferns, Primrose Hill, Ruscombe, Stroud, GL6 6DJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not provided for
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2025
£
Fair value at 1 April 2024
1,131,204
Additions
30,531
At 31 March 2025
1,161,735
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Primrose Hill Property Hub Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Amounts due from group undertakings etc.
-
13,821
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
34,503
31,391
Taxes and social security
15,800
4,750
Loans from directors
215,120
217,540
Accruals
1,063
925
266,486
254,606
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
706,097
752,649
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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