Hallamshire Developments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00327493 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

HALLAMSHIRE DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J L Wilson

R A Veerman

SECRETARY:

Mrs A S Hunt

REGISTERED OFFICE:

Capstone House, Prospect Park

Dunston Way

Dunston Road

Chesterfield

S41 9RD

REGISTERED NUMBER:

00327493 (England and Wales)

ACCOUNTANTS:

Hollis and Co Limited

Chartered Accountants

35 Wilkinson Street

Sheffield

South Yorkshire

S10 2GB

FIXED ASSETS

Investments

5

740

CURRENT ASSETS

Debtors

6

10,891,312

10,479,435

CREDITORS

Amounts falling due within one year

7

5,453,687

5,041,810

NET CURRENT ASSETS

5,437,625

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,438,365

CAPITAL AND RESERVES

Called up share capital

8

5,465,202

Retained earnings

(26,837

)

(26,837

)

SHAREHOLDERS' FUNDS

5,438,365

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 17 December 2025 and were signed on its behalf by:

J L Wilson - Director

1.	STATUTORY INFORMATION

Hallamshire Developments 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The accounts are rounded to the nearest £.

The company is not part of a group, therefore these financial statements cover the entity as an individual company.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Financial instruments

Financial Assets and Liabilities

The company's loans receivable and payable meet the definition of a basic financial instrument, so they are originally recognised at the transaction price.

Debt instruments which are financing transactions at a rate of interest that is not a market rate.

Where debt instruments are classified as assets due after more than one year or long term liabilities, then the company measures these at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Where debt instruments are classified as current assets or current liabilities, then there is no present value adjustment to the initial measurement based on amortised cost.

Fixed asset investments

Fixed asset investments are stated at cost, less provisions for impairment.

4.	EMPLOYEES AND DIRECTORS

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

5.	FIXED ASSET INVESTMENTS

Interest

in other

participating

interests

£

COST

At 1 April 2024

and 31 March 2025

740

NET BOOK VALUE

At 31 March 2025

740

At 31 March 2024

740

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Amounts owed by participating interests

10,891,312

10,479,435

The above amounts are repayable on a date which is dependent on the future profits and cash generated by the borrower. The directors are unable to forecast with certainty when this may be but it is unlikely to be within one year of the balance sheet date.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Amounts owed to participating interests

12,375

Other creditors

5,441,312

5,029,435

5,453,687

5,041,810

Other creditors include accrued expenses, which are only payable when the company has received payment of the debt shown in note 6 above.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

5,465,202

Ordinary

£1

5,465,202

9.	RELATED PARTY DISCLOSURES

Hallamshire Developments Limited continues to provide a loan to an entity in which J L Wilson is both a director and the ultimate owner. Part of the loan bears interest at a commercial rate, however no interest is charged on £5,450,000 (2024: £5,450,000) of the monies loaned.