HALLY PROPERTY GROUP LTD

Company Registration Number:
11999281 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2025

Period of accounts

Start date: 01 June 2024

End date: 31 May 2025

HALLY PROPERTY GROUP LTD

Contents of the Financial Statements

for the Period Ended 31 May 2025

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

HALLY PROPERTY GROUP LTD

Company Information

for the Period Ended 31 May 2025




Director: Alexander Shelton
Stuart Sutton
Registered office: 302
Pickhurst Lane
West Wickham
England
BR4 0HT
Company Registration Number: 11999281 (England and Wales)

HALLY PROPERTY GROUP LTD

Profit and Loss Account

for the Period Ended 31 May 2025


Notes

2025
£

2024
£
Gross Profit or (Loss) 25,559 ( 2,746 )
Administrative Expenses ( 1,456 ) ( 11,758 )
Operating Profit or (Loss) 24,103 ( 14,504 )
Interest Payable and Similar Charges ( 16,528 ) ( 13,740 )
Profit or (Loss) Before Tax 7,575 ( 28,244 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period 7,575 ( 28,244 )

The notes form part of these financial statements

HALLY PROPERTY GROUP LTD

Balance sheet

As at 31 May 2025


Notes

2025
£

2024
£
Fixed assets
Tangible assets: 4 345,000 345,000
Total fixed assets: 345,000 345,000
Current assets
Debtors: 50,000
Cash at bank and in hand: 12,272 54,697
Total current assets: 62,272 54,697
Creditors: amounts falling due within one year: 5 ( 173,000 ) ( 173,000 )
Net current assets (liabilities): ( 110,728 ) ( 118,303 )
Total assets less current liabilities: 234,272 226,697
Creditors: amounts falling due after more than one year: 6 ( 254,941 ) ( 254,941 )
Total net assets (liabilities): ( 20,669 ) ( 28,244 )

The notes form part of these financial statements

HALLY PROPERTY GROUP LTD

Balance sheet continued

As at 31 May 2025


Notes

2025
£

2024
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 20,670 ) ( 28,245 )
Shareholders funds: ( 20,669 ) ( 28,244 )

For the year ending 31 May 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 8 September 2025
And Signed On Behalf Of The Board By:

Name: Alexander Shelton
Status: Director

Name: Stuart Sutton
Status: Director

The notes form part of these financial statements

HALLY PROPERTY GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HALLY PROPERTY GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 2. Employees


    2025

    2024
    Average number of employees during the period 0 0

HALLY PROPERTY GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 3. Off balance sheet disclosure

    No

HALLY PROPERTY GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

4. Tangible Assets

Total
Cost £
At 01 June 2024 345,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2025 345,000
Depreciation
At 01 June 2024 -
Charge for year -
On disposals -
Other adjustments -
At 31 May 2025 -
Net book value
At 31 May 2025 345,000
At 31 May 2024 345,000

Tangible Fixed Assets consists of Land and Buildings. There are currently 3 properties held within the portfolio:-
- 122 Longshaw
- 44 Union Square
- 39 Lostock
No depreciation is currently charged to Land and Buildings

HALLY PROPERTY GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

5. Creditors: amounts falling due within one year note

Creditors Due within 1 year relates to a directors loan

HALLY PROPERTY GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

6. Creditors: amounts falling due after more than one year note

Creditors and Long Term Liabilities consist of Mortgages on each of the properties owned by Hally Property Group. These
mortgages are broken down as follows:
122 Longshaw - £87,759.38
39 Lostock - £87,759.38
44 Union Square - £79,423.32
Leasehold - £108,000
These loans are secured against the respective properties.