Company Registration No. 10654989 (England and Wales)
Halls Real Estate Ltd
Unaudited accounts
for the year ended 31 March 2025
Halls Real Estate Ltd
Unaudited accounts
Contents
Halls Real Estate Ltd
Company Information
for the year ended 31 March 2025
Company Number
10654989 (England and Wales)
Registered Office
Lytchett House
Wareham Road
Poole
Dorset
BH16 6FA
United Kingdom
Halls Real Estate Ltd
Statement of financial position
as at 31 March 2025
Intangible assets
-
85,750
Investment property
-
130,000
Investments
100,000
100,000
Cash at bank and in hand
26
2,740
Creditors: amounts falling due within one year
(6,392)
(83,154)
Net current liabilities
(6,366)
(80,414)
Total assets less current liabilities
93,634
235,336
Creditors: amounts falling due after more than one year
(131,868)
(178,368)
Provisions for liabilities
Net (liabilities)/assets
(38,234)
46,468
Called up share capital
100
100
Revaluation reserve
-
31,500
Profit and loss account
(38,334)
14,868
Shareholders' funds
(38,234)
46,468
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 December 2025 and were signed on its behalf by
L J Hall
Director
Company Registration No. 10654989
Halls Real Estate Ltd
Notes to the Accounts
for the year ended 31 March 2025
Halls Real Estate Ltd is a private company, limited by shares, registered in England and Wales, registration number 10654989. The registered office is Lytchett House, Wareham Road, Poole, Dorset, BH16 6FA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Halls Real Estate Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Other
Fair value at 1 April 2024
130,000
6
Investments
Other investments
Valuation at 1 April 2024
100,000
Valuation at 31 March 2025
100,000
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
71,279
Taxes and social security
-
7,195
Loans from directors
4,500
-
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
131,868
178,368
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).