REGISTERED NUMBER: 12033716 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

HANSEN PROPERTY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M A Bakhaty

Mrs M H G Bakhaty

REGISTERED OFFICE:

89 Leigh Road

Eastleigh

Hampshire

SO50 9DQ

REGISTERED NUMBER:

12033716 (England and Wales)

ACCOUNTANTS:

Graham Martin & Co

Accountants

89 Leigh Road

Eastleigh

Hampshire

SO50 9DQ

FIXED ASSETS

Investment property

4

9,180,000

9,180,000

CURRENT ASSETS

Debtors

5

121,938

130,338

Cash at bank

926,251

1,143,754

1,048,189

1,274,092

CREDITORS

Amounts falling due within one year

6

163,981

150,241

NET CURRENT ASSETS

884,208

1,123,851

TOTAL ASSETS LESS CURRENT LIABILITIES

10,064,208

10,303,851

CAPITAL AND RESERVES

Called up share capital

200

200

Share premium

10,256,252

10,256,252

Retained earnings

(192,244

)

47,399

SHAREHOLDERS' FUNDS

10,064,208

10,303,851

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 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 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 Board of Directors and authorised for issue on 9th December 2025 and were signed on its behalf by:

Mrs M H G Bakhaty - Director

M A Bakhaty - Director

1.	STATUTORY INFORMATION

Hansen Property 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents net invoiced rent and service charges receivable from tenants.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 investment properties as they are 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

9,180,000

NET BOOK VALUE

At 31st March 2025

9,180,000

At 31st March 2024

9,180,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

81,838

81,838

Amounts owed by participating interests

28,885

28,885

Other debtors

11,215

19,615

121,938

130,338

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

18,118

11,480

Taxation and social security

20,461

10,501

Other creditors

125,402

128,260

163,981

150,241

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

M A Bakhaty

Balance outstanding at start of year

45

215

Amounts advanced

151,500

105,300

Amounts repaid

(151,275

)

(105,470

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

270

45

Mrs M H G Bakhaty

Balance outstanding at start of year

45

215

Amounts advanced

151,500

105,300

Amounts repaid

(151,275

)

(105,470

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

270

45

8.	RELATED PARTY DISCLOSURES

At 31st March 2024 and 2025 the company was owed £81,838 by Bakhaty Property Limited a company under the control of the directors Mr & Mrs Bakhaty. This is an interest free loan and is repayable on demand.

At 31st March 2024 and 2025 the company was owed £25,684 by Chestnuthill Developments Ltd a company under the control of the directors Mr & Mrs Bakhaty. This is an interest free loan and is repayable on demand.

At 31st March 2024 and 2025 the company was owed £3,201 by Hansen Goodlad Ltd a company under the control of a connected person. This is an interest free loan and is repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mr & Mrs Bakhaty by virtue of their majority shareholding in MAB Wessex Limited, the parent company.