H & D ESTATES LTD


Directors	Ms S E Davies
	Mr M Graves


Registered Address	70 Heathwood Road
	Bournemouth
	BH9 2JZ


Registered Number	08642647 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		2,585		3,447
Investment property	4		3,697,000		3,076,563
			3,699,585		3,080,010
Current assets
Debtors	5	11,804		14,536
Cash at bank and on hand		41,552		13,361
		53,356		27,897
Creditors amounts falling due within one year	6	(178,877)		(202,759)
Net current assets (liabilities)			(125,521)		(174,862)
Total assets less current liabilities			3,574,064		2,905,148
Creditors amounts falling due after one year	7		(2,076,300)		(2,020,237)
Provisions for liabilities	8		(224,958)		(52,978)
Net assets			1,272,806		831,933
Capital and reserves
Called up share capital			200		200
Revaluation reserve			674,875		226,311
Profit and loss account			597,731		605,422
Shareholders' funds			1,272,806		831,933

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 10 November 2025, and are signed on its behalf by:

Mr M Graves
Director
Registered Company No. 08642647

H & D ESTATES LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover represents rental income earned from the letting of commercial and residential properties during the year. Rental income is recognised on a straight-line basis over the term of the lease, in accordance with the substance of the lease agreements and the company’s revenue recognition policy. Turnover is stated net of value added tax and any rent concessions or lease incentives are recognised over the lease term.

Turnover policy

Turnover represents rental income earned from the letting of commercial and residential properties during the year. Rental income is recognised on a straight-line basis over the term of the lease, in accordance with the substance of the lease agreements and the company’s revenue recognition policy. Turnover is stated net of value added tax and any rent concessions or lease incentives are recognised over the lease term.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Fixtures and fittings	25

	Investment property
	Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised as cost, which includes the purchase cost and any directly attributable expenditure. Subsequently one of the properties is measured at fair value at the reporting end date. The surplus or deficit on revaluation is the recognised in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Fixtures & fittings	Total
	£	£
Cost or valuation
At 01 April 24	4,674	4,674
At 31 March 25	4,674	4,674
Depreciation and impairment
At 01 April 24	1,227	1,227
Charge for year	862	862
At 31 March 25	2,089	2,089
Net book value
At 31 March 25	2,585	2,585
At 31 March 24	3,447	3,447

4.	Investment property


		£
	Fair value at 01 April 24	3,076,563
	Fair value adjustments	620,437
	At 31 March 25	3,697,000

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	5,923	10,620
Other debtors	2,738	-
Prepayments and accrued income	3,143	3,916
Total	11,804	14,536

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	6,535	539
Bank borrowings and overdrafts	144,200	153,599
Taxation and social security	4,838	23,016
Accrued liabilities and deferred income	23,304	25,605
Total	178,877	202,759

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	799,919	955,030
Other creditors	1,276,381	1,065,207
Total	2,076,300	2,020,237

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	224,958	52,978
Total	224,958	52,978

9.	Related party transactions
	Other creditors include the following: Subway South Holdings Ltd £1,003,878 (2024: £273,250); Issho Merry Hill Ltd £272,503 (2024: Nil).