Company No: 14081816 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	792,444		1,842,627
		792,444		1,842,627
Current assets
Debtors	4	4,605		11,188
Cash at bank and in hand	5	1,394,813		807,808
		1,399,418		818,996
Creditors: amounts falling due within one year	6	( 14,956)		( 376,199)
Net current assets		1,384,462		442,797
Total assets less current liabilities		2,176,906		2,285,424
Creditors: amounts falling due after more than one year		0		( 3,936)
Net assets		2,176,906		2,281,488
Capital and reserves
Called-up share capital		199		199
Share premium account		2,355,411		2,355,411
Profit and loss account		( 178,704 )		( 74,122 )
Total shareholders' funds		2,176,906		2,281,488

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Havencroft Limited (registered number: 14081816) were approved and authorised for issue by the Director on 28 November 2025. They were signed on its behalf by:

Mr B A Leigh Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Havencroft Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 108 Marsland Road, Sale, M33 3NN, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	not depreciated
Office equipment	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Land and buildings		Office equipment		Total
	£		£		£
Cost
At 01 April 2024	1,842,000		917		1,842,917
Disposals	( 1,050,000)		0		( 1,050,000)
At 31 March 2025	792,000		917		792,917
Accumulated depreciation
At 01 April 2024	0		290		290
Charge for the financial year	0		183		183
At 31 March 2025	0		473		473
Net book value
At 31 March 2025	792,000		444		792,444
At 31 March 2024	1,842,000		627		1,842,627

4. Debtors

	2025		2024
	£		£
Other debtors	4,605		11,188

5. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	1,394,813		807,808
Less: Bank overdrafts	0		( 1,946)
	1,394,813		805,862

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank overdrafts	0		1,946
Taxation and social security	14,852		6,993
Other creditors	104		367,260
	14,956		376,199