Hooklands Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09850183

Hooklands Limited

Filleted Unaudited Abridged Financial Statements

31 March 2025

Hooklands Limited

Abridged Financial Statements

Year Ended 31 March 2025

Contents	Pages

Abridged statement of financial position	1 to 2

Notes to the abridged financial statements	3 to 7

Hooklands Limited

Abridged Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed Assets

Intangible assets	6	37,496	74,996
Tangible assets	7	2,731,110	1,129,697
		------------	------------
		2,768,606	1,204,693

Current Assets

Stocks	500	500
Debtors	793,251	668,026
Cash at bank and in hand	250,544	217,737
	------------	---------
	1,044,295	886,263

Creditors: amounts falling due within one year	107,804		73,023
	------------		---------
Net Current Assets		936,491	813,240
		------------	------------
Total Assets Less Current Liabilities		3,705,097	2,017,933

Creditors: amounts falling due after more than one year		1,591,171	1,652,051

Provisions

Taxation including deferred tax	423,450	89,700
	------------	------------
Net Assets	1,690,476	276,182
	------------	------------

Capital and Reserves

Called up share capital	9	100	100
Revaluation reserve		1,579,401	380,868
Profit and loss account		110,975	( 104,786)
		------------	---------
Shareholder Funds		1,690,476	276,182
		------------	---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.

For the 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.

Directors' responsibilities:

- The member has not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

Hooklands Limited

Abridged Statement of Financial Position (continued)

31 March 2025

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These abridged financial statements were approved by the board of directors and authorised for issue on 22 December 2025 , and are signed on behalf of the board by:

S Arjuna

Director

Company registration number: 09850183

Hooklands Limited

Notes to the Abridged Financial Statements

Year Ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 8 Dell Walk, New Malden, Kingston upon Thames, Surrey, KT3 4RF.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The abridged financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover shown in the profit and loss account represents residents' fees earned during the year. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Income tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

All fixed assets are initially recorded at cost. Freehold property is not depreciated on the grounds that the depreciation charge and accumulated depreciation would be immaterial. This is due to the company having a policy and practice of regular maintenance and repair resulting in a high residual value. Maintenance and repair charges are recognised in the profit and loss account. In line with FRS15, the carrying values of freehold property are reviewed for impairment at the end of each period to ensure there are no events or changes in circumstances which would indicate the carrying value may not be recoverable.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Computer Equipment	-	33% straight line
Equipment	-	25% reducing balance
Fixtures and Fittings	-	15 % reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the abridged statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 29 (2024: 27 ).

5. Secured liabilities

The aggregate amount of secured liabilities, secured on the assets of the company at the year end, were £1,077,868 (2024: £1,084,000).

6. Intangible assets

	£
Cost
At 1 April 2024 and 31 March 2025	374,996
	---------
Amortisation
At 1 April 2024	300,000
Charge for the year	37,500
	---------
At 31 March 2025	337,500
	---------
Carrying amount
At 31 March 2025	37,496
	---------
At 31 March 2024	74,996
	---------

7. Tangible assets

	Freehold Property	Computer Equipment	Equipment	Fixtures and Fittings	Total
	£	£	£	£	£
Cost or valuation
At 1 April 2024	1,069,999	1,607	27,737	89,781	1,189,124
Additions	–	3,700	–	7,636	11,336
Revaluations	1,600,001	–	–	–	1,600,001
	------------	-------	--------	--------	------------
At 31 March 2025	2,670,000	5,307	27,737	97,417	2,800,461
	------------	-------	--------	--------	------------
Depreciation
At 1 April 2024	–	1,603	24,897	32,927	59,427
Charge for the year	–	230	710	8,984	9,924
	------------	-------	--------	--------	------------
At 31 March 2025	–	1,833	25,607	41,911	69,351
	------------	-------	--------	--------	------------
Carrying amount
At 31 March 2025	2,670,000	3,474	2,130	55,506	2,731,110
	------------	-------	--------	--------	------------
At 31 March 2024	1,069,999	4	2,840	56,854	1,129,697
	------------	-------	--------	--------	------------

The property was revalued by Colliers International Property Consultants Ltd in March 2025 at a market value of £2,670,000. The directors consider this value representative of the market value at the balance sheet date.

8. Secured liabilities: Amounts falling due after more than one

year

The aggregate amount of secured liabilities at the year end; falling due for repayment after more than one year amounted to £1,061,176 (2024: £1,077,449).

9. Called up share capital

Issued, called up and fully paid

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

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	–	2,379
	----	-------

11. Related party transactions

During the year the company provided and received short term loans from related parties. The balance outstanding due to related parties at the year end date is as follows:-

	2025	2024
	£	£
Entities under common control	758,058	658,038

Loans are interest free and repayable upon demand .