REGISTERED NUMBER: 07490931 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

HANSEN GOODLAD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A H G Bakhaty

REGISTERED OFFICE:

89 Leigh Road

Eastleigh

Hampshire

SO50 9DQ

REGISTERED NUMBER:

07490931 (England and Wales)

ACCOUNTANTS:

Graham Martin & Co

Accountants

89 Leigh Road

Eastleigh

Hampshire

SO50 9DQ

FIXED ASSETS

Investment property

4

1,005,275

1,005,275

CURRENT ASSETS

Debtors

5

2,025

2,090

Cash at bank and in hand

163,931

103,585

165,956

105,675

CREDITORS

Amounts falling due within one year

6

643,625

31,196

NET CURRENT (LIABILITIES)/ASSETS

(477,669

)

74,479

TOTAL ASSETS LESS CURRENT LIABILITIES

527,606

1,079,754

CREDITORS

Amounts falling due after more than one year

7

450,280

1,050,280

NET ASSETS

77,326

29,474

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

77,226

29,374

SHAREHOLDERS' FUNDS

77,326

29,474

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11th December 2025 and were signed by:

A H G Bakhaty - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced rent and service charges receivable from tenants, excluding value added tax.

Investment property

The company carries investment property on the balance sheet at fair value. Any changes to fair value are recognised in the profit and loss.

No depreciation is provided for in respect of the investment property as it is accounted for under the provisions of Section 16 of FRS 102.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

1,005,275

NET BOOK VALUE

At 31st March 2025

1,005,275

At 31st March 2024

1,005,275

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

2,025

2,090

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

600,000

-

Trade creditors

121

270

Amounts owed to group undertakings

4,061

4,061

Taxation and social security

16,797

7,891

Other creditors

22,646

18,974

643,625

31,196

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

600,000

Other creditors

450,280

450,280

450,280

1,050,280

During 2023 the company entered into a £500,000 loan agreement the terms of which are as follows:-

1) Repayable in full on maturity (30/3/2026)

2) Interest payable quarterly at a fixed rate of 6.47% per annum.

During 2023 the company entered into a £100,000 loan agreement the terms of which are as follows:-

1) Repayable in full on maturity (30/03/2026)

2) Interest payable quarterly at a rate of 2.5% over base rate.

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

600,000

600,000

The loans are secured with legal charges, dated 30th March 2023.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2025 and 31st March 2024:

2025

2024

£

£

A H G Bakhaty

Balance outstanding at start of year

450,280

450,280

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

450,280

450,280

This loan is interest-free with no fixed repayment date.

10.	RELATED PARTY DISCLOSURES

At 31st March 2025 & 2024 Hansen Goodlad Limited owed Bakhaty Property Limited £860 which is under the control of a connected person. This is an interest free loan and repayable on demand.

At 31st March 2025 & 2024 the company also owed Hansen Property Limited £3,201 which is under the control of a connected person. This is an interest free loan and repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A H G Bakhaty.