Halfpenny Estates Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 14922979 (England and Wales)

Financial Statements

For The Year Ended 31st March 2025

for

Halfpenny Estates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A D Hall

REGISTERED OFFICE:

14 Victoria Square

Droitwich Spa

Worcestershire

WR9 8DS

REGISTERED NUMBER:

14922979 (England and Wales)

AUDITORS:

Wildin (Auditors) Limited

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

FIXED ASSETS

Investments

4

260,056

1,300,279

CURRENT ASSETS

Debtors

5

3,656,001

2,640,096

CREDITORS

Amounts falling due within one year

6

3,916,056

3,940,374

NET CURRENT LIABILITIES

(260,055

)

(1,300,278

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1

CAPITAL AND RESERVES

Called up share capital

7

1

SHAREHOLDERS' FUNDS

1

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 and authorised for issue by the director and authorised for issue on 30th December 2025 and were signed by:

A D Hall - Director

1.	STATUTORY INFORMATION

Halfpenny 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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st April 2024

1,300,279

Disposals

(1,040,223

)

At 31st March 2025

260,056

NET BOOK VALUE

At 31st March 2025

260,056

At 31st March 2024

1,300,279

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Amounts owed by group undertakings

2,640,095

Other debtors

1,015,906

1

3,656,001

2,640,096

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Amounts owed to group undertakings

3,916,056

3,940,374

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

1

Ordinary Shares of £1 each

£1

1

8.

RESERVES

Retained

earnings

£

Profit for the year

7,975,682

Dividends

(7,975,682

)

At 31st March 2025

-

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jacqueline Anne Mannion FCA, ACCA (Senior Statutory Auditor)

for and on behalf of Wildin (Auditors) Limited

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A D Hall.

A D Hall is the ultimate controlling person by virtue of his majority shareholding in Pegasus Grab Hire Holdings Limited.