REGISTERED NUMBER: 09915977 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Hall & Hall Property Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J E Hall

S A Hall

REGISTERED OFFICE:

The Priory House

7 Church Street

Upholland

Lancashire

WN8 0ND

REGISTERED NUMBER:

09915977 (England and Wales)

ACCOUNTANTS:

Cobham Murphy

116 Duke Street

Liverpool

Merseyside

L1 5JW

FIXED ASSETS

Tangible assets

4

6,478

23,999

Investment property

5

1,662,434

1,533,241

1,668,912

1,557,240

CURRENT ASSETS

Debtors

6

301,816

297,248

Cash at bank

3,689

1,049

305,505

298,297

CREDITORS

Amounts falling due within one year

7

482,452

470,088

NET CURRENT LIABILITIES

(176,947

)

(171,791

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,491,965

1,385,449

CREDITORS

Amounts falling due after more than one year

8

(777,116

)

(740,866

)

PROVISIONS FOR LIABILITIES

(58,763

)

(58,763

)

NET ASSETS

656,086

585,820

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

655,986

585,720

SHAREHOLDERS' FUNDS

656,086

585,820

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 8 October 2025 and were signed on its behalf by:

S A Hall - Director

1.	STATUTORY INFORMATION

Hall & Hall Property 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 (£).

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.

Significant judgements and estimates

There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover

Turnover is measured at the fair value of the rents received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue is recognised when the rent is received.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 1 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

29,999

Additions

5,173

Disposals

(26,099

)

At 31 March 2025

9,073

DEPRECIATION

At 1 April 2024

6,000

Charge for year

1,815

Eliminated on disposal

(5,220

)

At 31 March 2025

2,595

NET BOOK VALUE

At 31 March 2025

6,478

At 31 March 2024

23,999

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

26,099

Disposals

(26,099

)

At 31 March 2025

-

DEPRECIATION

At 1 April 2024

5,220

Eliminated on disposal

(5,220

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

20,879

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

1,533,241

Additions

129,193

At 31 March 2025

1,662,434

NET BOOK VALUE

At 31 March 2025

1,662,434

At 31 March 2024

1,533,241

The properties have been revalued in the year based on market value.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

301,816

297,248

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

23,268

13,752

Hire purchase contracts

-

5,596

Taxation and social security

26,588

10,822

Other creditors

432,596

439,918

482,452

470,088

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

773,929

711,301

Hire purchase contracts

-

16,402

Other creditors

3,187

13,163

777,116

740,866

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

731,835

689,494

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

797,197

725,053

Hire purchase contracts

-

21,998

797,197

747,051

10.	RELATED PARTY DISCLOSURES

Included in debtors as at 31st March 2025 is £301,806 owed from a related party under common control. The loan is repayable on demand and interest free.

Included in creditors as at 31st March 2025 is £15,532 owed to a related party under common control. The loan is repayable on demand and interest free.