Registration number: 12823441

Hothouse Holdings Properties Limited

Contents

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

Hothouse Holdings Properties Limited

Company Information

Directors

Mrs Melanie Brownlow Mr Dean Garth Cook

Registered office

Unit 4 Provincial Park Nether Lane Ecclesfield Sheffield South Yorkshire S35 9ZX

Auditors

Hardwicks Accountants Limited Chartered AccountantsRotherham South Yorkshire S66 1EH

Hothouse Holdings Properties Limited

(Registration number: 12823441)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	554,725	567,052
Current assets
Debtors	5	15,194	15,094
Cash at bank and in hand		60,844	70,134
		76,038	85,228
Creditors: Amounts falling due within one year	6	(70,773)	(125,078)
Net current assets/(liabilities)		5,265	(39,850)
Total assets less current liabilities		559,990	527,202
Creditors: Amounts falling due after more than one year	6	(288,948)	(317,664)
Net assets		271,042	209,538
Capital and reserves
Called up share capital	7	100	100
Retained earnings		270,942	209,438
Shareholders' funds		271,042	209,538

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 9 December 2025 and signed on its behalf by:
 

......................................... Mrs Melanie Brownlow Director

Hothouse Holdings Properties Limited

Notes to the 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 & Wales.

The address of its registered office is:
Unit 4 Provincial Park
Nether Lane
Ecclesfield
Sheffield
South Yorkshire
S35 9ZX

These financial statements were authorised for issue by the Board on 9 December 2025.

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.

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 9 December 2025 was Mr Nicholas Hardwick, who signed for and on behalf of Hardwicks Accountants Limited.

.........................................

Revenue recognition

Turnover comprises of rental income received or receivable for the rental of property. 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 ecomonic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Hothouse Holdings Properties Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

Tax

The tax expense for the period comprises current 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.

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:

Asset class	Depreciation method and rate
Land and Buildings	2% Straight line basis

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.

Hothouse Holdings Properties Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

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).

Hothouse Holdings Properties Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Long leasehold land and buildings £	Total £
Cost or valuation
At 1 April 2024	616,360	616,360
At 31 March 2025	616,360	616,360
Depreciation
At 1 April 2024	49,308	49,308
Charge for the year	12,327	12,327
At 31 March 2025	61,635	61,635
Carrying amount
At 31 March 2025	554,725	554,725
At 31 March 2024	567,052	567,052

Included within the net book value of land and buildings above is £567,052 (2023 - £579,379) in respect of long leasehold land and buildings.

5

Debtors

	Note	2025 £	2024 £
Trade debtors		15,094	15,094
Amounts owed by related parties	9	100	-
		15,194	15,094

Hothouse Holdings Properties Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	40,440	47,748
Amounts owed to group undertakings and undertakings in which the company has a participating interest	9	-	44,360
Taxation and social security		27,013	29,595
Accruals and deferred income		3,320	3,375
		70,773	125,078

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	288,948	317,664

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

Hothouse Holdings Properties Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	288,948	317,664

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	40,440	47,748

Bank Borrowings

The bank borrowings are secured by a mortgage over the leasehold property known as 3 Smithy Wood Drive, Chapeltown, Sheffield and by a fixed and floating charge over the assets of the business.

The company has entered into a cross-company guarantee with the UK based parent and fellow subsidaries which includes Hothouse Holdings Limited, Hothouse Beauty Limited and Cosmarida Limited. This is a reciprocal guarantee.

The total group borrowings that are included in the above are:

2025: £329,388
2024: £365,412

Hothouse Holdings Properties Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

9	Related party transactions

Summary of transactions with parent

Hothouse Holdings Limited

Loans to related parties

2025	Parent £	Total £
Advanced	100	100
At end of period	100	100

Loans from related parties

2025	Parent £	Total £
At start of period	44,360	44,360
Repaid	(44,360)	(44,360)
At end of period	-	-

2024	Parent £	Total £
At start of period	44,360	44,360
At end of period	44,360	44,360

Terms of loans from related parties

The loan is provided on a interest free basis, unsecured and repayable on demand.
 

10	Parent and ultimate parent undertaking

The company's immediate parent is Hothouse Holdings Limited, incorporated in England and Wales.

 

The parent of the largest group in which these financial statements are consolidated is Hothouse Holdings Limited, incorporated in England.

The address of Hothouse Holdings Limited is:
Unit 4 Provincial Park
Nether Lane
Ecclesfield
Sheffield
South Yorkshire
S35 9ZX