REGISTERED NUMBER: 10665952 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 March 2025

for

HARDSTAFF ESTATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L A Fletcher

Mr T L Fletcher

REGISTERED OFFICE:

31 High View Close

Hamilton Office Park

Leicester

Leicestershire

LE4 9LJ

REGISTERED NUMBER:

10665952 (England and Wales)

ACCOUNTANTS:

TC Group

31 High View Close

Hamilton Office Park

Leicester

Leicestershire

LE4 9LJ

FIXED ASSETS

Tangible assets

4

821,787

774,729

CURRENT ASSETS

Debtors

5

61,413

36,257

Cash at bank

145,585

162,810

206,998

199,067

CREDITORS

Amounts falling due within one year

6

203,145

237,176

NET CURRENT ASSETS/(LIABILITIES)

3,853

(38,109

)

TOTAL ASSETS LESS CURRENT LIABILITIES

825,640

736,620

PROVISIONS FOR LIABILITIES

127,779

118,591

NET ASSETS

697,861

618,029

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

7

440,462

440,462

Retained earnings

257,299

177,467

697,861

618,029

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 23 December 2025 and were signed on its behalf by:

Mr T L Fletcher - Director

Mrs L A Fletcher - Director

1.	STATUTORY INFORMATION

Hardstaff Estates 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

Nil

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

741,800

40,357

562

Additions

9,335

50,047

-

At 31 March 2025

751,135

90,404

562

DEPRECIATION

At 1 April 2024

-

27,291

489

Charge for year

-

7,444

17

At 31 March 2025

-

34,735

506

NET BOOK VALUE

At 31 March 2025

751,135

55,669

56

At 31 March 2024

741,800

13,066

73

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

29,271

16,077

828,067

Additions

-

1,339

60,721

At 31 March 2025

29,271

17,416

888,788

DEPRECIATION

At 1 April 2024

12,806

12,752

53,338

Charge for year

4,115

2,087

13,663

At 31 March 2025

16,921

14,839

67,001

NET BOOK VALUE

At 31 March 2025

12,350

2,577

821,787

At 31 March 2024

16,465

3,325

774,729

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

53,592

36,257

Other debtors

7,821

-

61,413

36,257

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

1,250

Trade creditors

20,176

13,401

Amounts owed to group undertakings

120,327

155,916

Taxation and social security

56,424

62,347

Other creditors

6,218

4,262

203,145

237,176

7.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

440,462