Hadwen Property Limited

Registered Number: 08710409 Hadwen Property Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Other Fixed Asset Investment	3	269,265	-
Tangible fixed assets	4	28,694	32,213
Investment Property	5	5,185,000	1,426,044
		5,482,959	1,458,257
Current assets
Debtors		9,360	-
Cash at bank and in hand		272,263	53,518
		281,623	53,518
Creditors: amount falling due within one year		(59,443)	(46,467)
Net current assets		222,180	7,051

Total assets less current liabilities		5,705,139	1,465,308
Creditors: amount falling due after more than one year		(2,167,848)	(785,480)
Provisions for liabilities		(200,827)	(120,276)
Net assets		3,336,464	559,552

Capital and reserves
Called up share capital	6	300	100
Share premium account		2,644,626	-
Revaluation Reserves		997,909	512,755
Profit and loss account		(306,371)	46,697
Shareholders' funds		3,336,464	559,552

For the year ended 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The directors of the company have elected not to include the Income Statement within the financial statements.

The financial statements were approved by the board of directors on 22 December 2025 and were signed on its behalf by:

-------------------------------
A Hadwen
Director

Hadwen Property Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Hadwen Property Limited is a company limited by shares and is incorporated in England and Wales. The address of the registered office is C/O Bluewater, Quadrant Court, 49 Calthorpe Road, Birmingham, B15 1TH. The nature of the company's operations and its principal activity was that of property investment.

Accounting policies

Significant accounting policies

The company's financial statements have been prepared in compliance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention and on a going concern basis. The financial statements comprise the unaudited financial statements of the company up to 31 March each year, and are stated in pound sterling, the company's functional and presentational currency.

The principal accounting policies applied in the preparation of these financial statements are set out below, these policies have been applied consistently to all the years presented, unless otherwise stated.

Going concern basis

The directors have formed a judgement, at the time of approving the financial statements, that there is an expectation that the Company, with the support of its shareholders, has adequate resources to continue in operational existence for the foreseeable future being at least twelve months from the date of the financial statements. For this reason, they continue to adopt the going concern basis in preparing the financial statements as set out in the going concern section of the Directors' Report.

Turnover

Turnover comprises of rental income receivable during the period.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	20% Reducing Balance
Computer Equipment	33% Straight Line

Investment properties

Investment properties are measured at fair value annually with any change recognised in the profit and loss account. Unrealised gains or losses (net of related deferred tax) are transferred from retained earnings to a separate revaluation reserve.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Employees and Directors Average number of employees during the year was 2 (2024 : 2).

Other Fixed Asset Investment

Cost	Other Fixed Asset Investment	Total
	£	£
At 01 April 2024	-	-
Additions	269,265	269,265
Disposals	-	-
At 31 March 2025	269,265	269,265
Amortisation
At 01 April 2024	-	-
Charge for year	-	-
On disposals	-	-
At 31 March 2025	-	-
Net book values
At 31 March 2025	269,265	269,265
At 31 March 2024	-	-

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 April 2024	51,062	-	51,062
Additions	1,640	73	1,713
Disposals	-	-	-
At 31 March 2025	52,702	73	52,775
Depreciation
At 01 April 2024	18,849	-	18,849
Charge for year	5,208	24	5,232
On disposals	-	-	-
At 31 March 2025	24,057	24	24,081
Net book values
Closing balance as at 31 March 2025	28,645	49	28,694
Opening balance as at 01 April 2024	32,213	-	32,213

Investment Property

Cost	Other investments other than loans	Total
	£	£
At 01 April 2024	1,426,044	1,426,044
Additions	4,450,000	4,450,000
Disposals	(1,115,000)	(1,115,000)
Revaluations	423,956	423,956
At 31 March 2025	5,185,000	5,185,000

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
300 Ordinary shares of £1.00 each	300		100
	300		100

Registered Number: 08710409
England and Wales
Abridged Accounts

for the year ended 31 March 2025
for
HADWEN PROPERTY LIMITED