| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 |
| FOR |
| HARDYE HOUSING LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 |
| FOR |
| HARDYE HOUSING LIMITED |
| HARDYE HOUSING LIMITED (REGISTERED NUMBER: 10697740) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| Page |
| Balance sheet | 1 |
| Notes to the financial statements | 3 |
| HARDYE HOUSING LIMITED (REGISTERED NUMBER: 10697740) |
| BALANCE SHEET |
| 31 MARCH 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Investment property | 5 |
| Current assets |
| Debtors | 6 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 7 |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| Provisions for liabilities | 10 | ( |
) | ( |
) |
| Net assets |
| Capital and reserves |
| Called up share capital | 11 |
| Share premium |
| Fair value reserve | 12 |
| Retained earnings | ( |
) | ( |
) |
| Shareholders' funds |
| 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. |
| HARDYE HOUSING LIMITED (REGISTERED NUMBER: 10697740) |
| BALANCE SHEET - continued |
| 31 MARCH 2025 |
| The financial statements were approved by the director and authorised for issue on |
| HARDYE HOUSING LIMITED (REGISTERED NUMBER: 10697740) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 1. | Statutory information |
| Hardye Housing Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 10697740. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and the business address is Second Floor, East Wing, Vespasian House, Barrack Road, Dorchester, DT1 1TF. |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents rents received. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Investment property |
| Investment property is initially recognised at purchase price plus other directly attributable costs. After initial recognition any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| Taxation |
| Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred taxation |
| Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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. |
| Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset. |
| Financial instruments |
| Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities. |
| At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| HARDYE HOUSING LIMITED (REGISTERED NUMBER: 10697740) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 4. | Tangible fixed assets |
| Fixtures |
| and |
| fittings |
| £ |
| Cost |
| Additions |
| At 31 March 2025 |
| Depreciation |
| Charge for year |
| At 31 March 2025 |
| Net book value |
| At 31 March 2025 |
| 5. | Investment property |
| Total |
| £ |
| Fair value |
| At 1 April 2024 |
| Additions |
| Disposals | ( |
) |
| Revaluations | 111,633 |
| At 31 March 2025 |
| Net book value |
| At 31 March 2025 |
| At 31 March 2024 |
| Fair value at 31 March 2025 is represented by: |
| £ |
| Valuation in 2018 | 32,381 |
| Valuation in 2019 | 395,783 |
| Valuation in 2020 | 57,970 |
| Valuation in 2021 | 167,603 |
| Valuation in 2022 | 65,248 |
| Valuation in 2023 | 300,699 |
| Valuation in 2024 | 54,916 |
| Valuation in 2025 | 111,632 |
| Cost | 1,898,610 |
| 3,084,842 |
| All investment properties have been reviewed and revalued by the director with reference to current market conditions. |
| HARDYE HOUSING LIMITED (REGISTERED NUMBER: 10697740) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 6. | Debtors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Prepayments and accrued income |
| 7. | Creditors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Other loans |
| Payments on account |
| Trade creditors |
| Other creditors |
| Accruals and deferred income |
| 8. | Creditors: amounts falling due after more than one year |
| 2025 | 2024 |
| £ | £ |
| Bank loans - 1-2 years |
| Bank loans - 2-5 years |
| Bank loans more 5 yrs non-inst | 574,890 | 562,343 |
| Other loans - 1-2 years |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Bank loans more 5 yrs non-inst |
| 9. | Secured debts |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| The bank loans are secured on the properties to which they relate by way of fixed charges and there are also floating charges in place covering all the property or undertaking of the company. |
| 10. | Provisions for liabilities |
| 2025 | 2024 |
| £ | £ |
| Deferred tax | 265,388 | 192,973 |
| HARDYE HOUSING LIMITED (REGISTERED NUMBER: 10697740) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 10. | Provisions for liabilities - continued |
| Deferred |
| tax |
| £ |
| Balance at 1 April 2024 |
| Charge to Income statement during year |
| Balance at 31 March 2025 |
| 11. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary | £1 | 200 | 200 |
| 12. | Reserves |
| Fair |
| value |
| reserve |
| £ |
| At 1 April 2024 |
| Transfer to fair value reserve | (30,590 | ) |
| At 31 March 2025 |
| 13. | Ultimate controlling party |
| The Director,Mr M Curtis, has control of the daily operations of the company. |
| No shareholder is deemed to have ultimate control of the company. |