Handwell Estates Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 7943615

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		294,290		294,290

			294,290		294,290
CURRENT ASSETS
Debtors	5	191,349		183,880
Cash at bank and in hand		3,648		3,325

		194,997		187,205
Creditors: Amounts Falling Due Within One Year	6	(53,710 )		(54,125 )

NET CURRENT ASSETS (LIABILITIES)			141,287		133,080

TOTAL ASSETS LESS CURRENT LIABILITIES			435,577		427,370

Creditors: Amounts Falling Due After More Than One Year	7		(431,745 )		(433,849 )

NET ASSETS/(LIABILITIES)			3,832		(6,479 )

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			3,831		(6,480 )

SHAREHOLDERS' FUNDS			3,832		(6,479)

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Handwell Estates Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Alexander Hoffman

Director

30th November 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Handwell Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 7943615 . The registered office is 50 Moundfield Road, London, N16 6TB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of therental income received or receivable.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	NIL
Leasehold	NIL

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Land & Property
	Leasehold
	£
Cost
As at 29 February 2024	294,290

As at 28 February 2025	294,290

Net Book Value
As at 28 February 2025	294,290

As at 29 February 2024	294,290

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	151,596	144,127
Amounts owed by group undertakings	39,753	39,753

	191,349	183,880

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Handwell Estates Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	53,360	53,345
Accruals and deferred income	350	780

	53,710	54,125

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	431,745	433,849

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
1 Ordinary Shares of £ 1.000 each	1	1

9. Ultimate Controlling Party

The company's ultimate controlling party is Mr Alexnader Hoffman by virtue of his ownership of 100% of the issued share capital in the company.

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