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Registration number: 13201740

Hewitt Investments Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Hewitt Investments Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

Hewitt Investments Limited

Company Information

Directors | Mr C Hewitt Mrs K Hewitt

Registered office | Corner Cottage Whirley Low Foxt Stoke On Trent Staffordshire ST10 2HR

Accountants | Coates and Partners Limited The Old Vicarage 51 St John Street Ashbourne Derbyshire DE6 1GP

Hewitt Investments Limited

(Registration number: 13201740)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 4 | 330,000 | 150,000
Current assets |  |  |
Debtors | 5 | 126 | 103
Cash at bank and in hand |  | 5,133 | 2,863
|  | 5,259 | 2,966
Creditors: Amounts falling due within one year | 6 | (1,894) | (812)
Net current assets |  | 3,365 | 2,154
Total assets less current liabilities |  | 333,365 | 152,154
Creditors: Amounts falling due after more than one year | 6 | (262,334) | (118,380)
Provisions for liabilities |  | (16,450) | (8,500)
Net assets |  | 54,581 | 25,274
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Other reserves |  | 48,898 | 25,286
Retained earnings |  | 5,583 | (112)
Shareholders' funds |  | 54,581 | 25,274

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.

Hewitt Investments Limited

(Registration number: 13201740)
Balance Sheet as at 31 March 2025 (continued)

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 14 November 2025 and signed on its behalf by:

......................................... Mr C Hewitt Director |  |

Hewitt Investments 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 registration number: 13201740.

The address of its registered office is:
Corner Cottage Whirley Low
Foxt
Stoke On Trent
Staffordshire
ST10 2HR
England

These financial statements were authorised for issue by the Board on 14 November 2025.

Hewitt Investments Limited

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

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.

The presentation currency is £ sterling.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
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. 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.

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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used.

Hewitt Investments Limited

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

2 | Accounting policies (continued)

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.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

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.

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Hewitt Investments Limited

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

2 | Accounting policies (continued)

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.

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 directors) during the year, was 2 (2024 - 2).

4 | Investment properties

| £
At 1 April 2024 | 150,000
Additions | 148,438
Fair value adjustments | 31,562
At 31 March 2025 | 330,000

The investment properties class of fixed assets was revalued on 31 March 2025 by Mr C Hewitt, a director who is internal to the company. The property was valued on the basis of open market value by the director.

There has been no valuation of investment property by an independent valuer.

5 | Debtors

Current | 2025 £ | 2024 £
Prepayments | 126 | 103
| 126 | 103

Hewitt Investments Limited

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

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 1,309 | -
Accruals and deferred income | 585 | 812
| 1,894 | 812

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | 104,980 | -
Other creditors |  | 157,354 | 118,380
|  | 262,334 | 118,380

| 2025 £ | 2024 £
Due after more than five years |  |
After more than five years not by instalments | 104,980 | -

Creditors include bank loans which are secured on the property acquired of £104,980 (2024 - £Nil)

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 104,980 | -

Hewitt Investments Limited

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

7 | Loans and borrowings (continued)

Included in the loans and borrowings are the following amounts due after more than five years:

Bank loans and overdrafts after five years

Other loans payable after 5 years amounts to £104,980, the loan is repayable over a term of 35 years and the interest is variable.