| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 March 2025 |
| for |
| Henley Group Holdings Limited |
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 March 2025 |
| for |
| Henley Group Holdings Limited |
| Henley Group Holdings Limited (Registered number: 03032454) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2025 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 3 |
| Henley Group Holdings Limited |
| Company Information |
| for the Year Ended 31 March 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Suite 301, Stanmore Business |
| and Innovation Centre |
| Howard Road |
| Stanmore |
| Middlesex |
| HA7 1FW |
| Henley Group Holdings Limited (Registered number: 03032454) |
| Statement of Financial Position |
| 31 March 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| FIXED ASSETS |
| Property, plant and equipment | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Inventories |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Fair value reserve | 8 | ( |
) |
| Retained earnings | 35,723,835 | 48,661,823 |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Henley Group Holdings Limited (Registered number: 03032454) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| Henley Group Holdings Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Preparation of consolidated financial statements |
| The financial statements contain information about Henley Group Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
| Revenue |
| Turnover comprises the following: |
| a) Partnership income and losses are shown on an accruals basis and represent the net income derived from the company's participation in operating Limited Liability partnerships (LLP's) and unincorporated partnerships. |
| b) Management fees recharged to group undertakings. |
| c) The sale of properties. |
| Revenue is recognised when management services are provided and profits are earned, and the exchange of contracts takes place for the sale of properties. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| Fixed asset investments |
| Fixed asset investments comprise investments in subsidiary undertakings and listed and unlisted investments. |
| Investments in subsidiaries are initially recorded at cost and subsequently stated at cost less any accumulated impairment losses. Listed and unlisted investments are measured at fair value with changes in fair value being recognised in the income statement. |
| Unlisted investments are measured at cost less impairment. |
| Participation in operating partnerships are shown at cost (or where applicable modified by underlying valuations in the operating partnership's where values are obtained). |
| Current assets |
| Inventories are represented by development properties valued at the lower of cost and net realisable value. Costs include all relevant acquisition and development costs incurred. |
| Cash is represented by cash in hand and deposits with financial institutions repayable without penalty. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value. |
| Short term debtors are measured at transition price, less any impairment. Loans receivable are recorded at cost and are repayable on demand. |
| Henley Group Holdings Limited (Registered number: 03032454) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| 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. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| Fixed asset investments |
| Fixed asset investments comprise investments in subsidiary undertakings, associated undertakings and listed and unlisted investments. |
| Investments in subsidiaries and associated undertakings are initially recorded at cost and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in the income statement. |
| Unlisted investments are measured at cost less impairment. |
| Participation in operating partnerships are shown at cost (or where applicable modified by underlying valuations in the operating partnership's where values are obtained). |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Henley Group Holdings Limited (Registered number: 03032454) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 4. | PROPERTY, PLANT AND EQUIPMENT |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2024 |
| Additions |
| At 31 March 2025 |
| DEPRECIATION |
| At 1 April 2024 |
| Charge for year |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| 5. | FIXED ASSET INVESTMENTS |
| 2025 | 2024 |
| £ | £ |
| Shares in group undertakings |
| Participating interests |
| Other investments not loans | 13,931,329 | 24,768,702 |
| Additional information is as follows: |
| Investment | Interest |
| in | in | Other |
| subsidiary | associate | investments | Totals |
| £ | £ | £ | £ |
| COST OR VALUATION |
| At 1 April 2024 | 26,322,380 |
| Additions | 606,646 |
| Disposals | ( |
) | ( |
) | (433,300 | ) |
| Revaluations | ( |
) | (41,810 | ) |
| Impairments | ( |
) | (11,346,457 | ) |
| At 31 March 2025 | 15,107,459 |
| NET BOOK VALUE |
| At 31 March 2025 | 15,107,459 |
| At 31 March 2024 | 26,322,380 |
| Investments (neither listed nor unlisted) were as follows: |
| 2025 | 2024 |
| £ | £ |
| Participation in operating |
| partnerships brought forward | 10,856,622 | 12,828,214 |
| Additions | 82,000 | - |
| Disposals/capital withdrawals | (191,324 | ) | (360,855 | ) |
| Share of profits/losses | 486,772 | 451,215 |
| Reclassification | - | (2,061,952 | ) |
| 11,234,070 | 10,856,622 |
| Henley Group Holdings Limited (Registered number: 03032454) |
| 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 |
| Amounts owed by group undertakings |
| Other debtors |
| Prepayments & accrued income |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Social security & other taxes |
| Other creditors |
| Directors' current accounts | - | 34,255 |
| 8. | RESERVES |
| Fair |
| value |
| reserve |
| £ |
| At 1 April 2024 |
| Transfer | (40,758 | ) |
| At 31 March 2025 | ( |
) |