Hestia Properties Limited - Filleted accounts

Registered number

04408079

Hestia Properties Limited

Filleted Accounts

31 March 2025

Hestia Properties Limited
Registered number:		04408079
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		904,587			907,755
Investments	4		382,231			146,315
			1,286,818			1,054,070

Current assets
Stocks		140			140
Debtors	5	3,052			3,060
Cash at bank and in hand		4,825			5,617
		8,017			8,817

Creditors: amounts falling due within one year	6	(355,624)			(265,526)

Net current liabilities			(347,607)			(256,709)

Total assets less current liabilities			939,211			797,361

Creditors: amounts falling due after more than one year	7		(200,000)			(200,000)



Net assets			739,211			597,361

Capital and reserves
Called up share capital			1			1
Revaluation reserve	8		5,482			(58,192)
Profit and loss account			733,728			655,552

Shareholders' funds			739,211			597,361

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



F Mowbray
Director
Approved by the board on 15 December 2025

Hestia Properties Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2024	872,132		59,639		931,771
	Additions	-		7,650		7,650
	At 31 March 2025	872,132		67,289		939,421

	Depreciation
	At 1 April 2024	-		24,016		24,016
	Charge for the year	-		10,818		10,818
	At 31 March 2025	-		34,834		34,834

	Net book value
	At 31 March 2025	872,132		32,455		904,587
	At 31 March 2024	872,132		35,623		907,755


4	Investments

Other
investments
£
	Cost
	At 1 April 2024					146,315
	Additions					212,242
	Revaluation					65,674
	Disposals					(42,000)

	At 31 March 2025					382,231


5	Debtors			2025		2024
£					£

	Other debtors			3,052		3,060


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Taxation and social security costs			24,226		14,051
	Other creditors			331,398		251,475
				355,624		265,526


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Other creditors			200,000		200,000


8	Revaluation reserve			2025		2024
£					£

	At 1 April 2024			(58,192)		(34,384)
	Gain/(loss) on investments			63,674		(23,808)

	At 31 March 2025			5,482		(58,192)


9	Other information

	Hestia Properties Limited is a private company limited by shares and incorporated in England. Its registered office is:
	3 Saint Margaret Drive
	Epsom
	KT18 7LB