Hartford Properties Limited - Filleted accounts

Registered number

07558852

Hartford Properties Limited

Filleted Accounts

31 July 2025

Hartford Properties Limited
Registered number:		07558852
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		2,724,591			2,724,591

Current assets
Debtors	5	42,842			12,341
Cash at bank and in hand		2,312,941			2,228,601
		2,355,783			2,240,942

Creditors: amounts falling due within one year	6	(801,858)			(975,466)

Net current assets			1,553,925			1,265,476

Total assets less current liabilities			4,278,516			3,990,067

Creditors: amounts falling due after more than one year	7		(1,000,000)			(1,000,000)



Net assets			3,278,516			2,990,067

Capital and reserves
Called up share capital			100			100
Profit and loss account			3,278,416			2,989,967

Shareholders' funds			3,278,516			2,990,067

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.



Mr. K. E. Brown
Director
Approved by the board on 22 December 2025

Hartford Properties Limited
Notes to the Accounts
for the year ended 31 July 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 rental or commissions relating to investment properties. Turnover from rents is recognised by reference to the period of occupation by tenants.

	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:

	Plant and machinery	33.3% straight line

	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.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Investment properties
	In accordance with accounting standards investment properties are revalued annually at fair value. All surpluses and deficits arising on valuation are taken directly to the profit and loss account.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Interest payable			2025		2024
£					£

	Loan interest			3,695		7,746

				3,695		7,746



4	Tangible fixed assets
		Freehold investment properties		Plant and machinery		Total
£			£		£
	Cost
	At 1 August 2024	2,724,581		29,361		2,753,942
	At 31 July 2025	2,724,581		29,361		2,753,942

	Depreciation
	At 1 August 2024	-		29,351		29,351
	At 31 July 2025	-		29,351		29,351

	Net book value
	At 31 July 2025	2,724,581		10		2,724,591
	At 31 July 2024	2,724,581		10		2,724,591


	Investment properties
				2025		2024
£					£

	Valuation - freehold properties			2,724,581		2,724,581

	Historical cost			2,724,581		2,724,581



5	Debtors			2025		2024
£					£

	Trade debtors			42,842		1,876
	Other debtors			-		10,465
				42,842		12,341


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

	Trade creditors			28,807		52,497
	Corporation tax			96,202		103,048
	Other taxes and social security costs			24,676		20,230
	Accruals and deferred income			70,608		12,281
	Other creditors			581,565		787,410
				801,858		975,466

	Included within other creditors are amounts due to the directors amounting to £544,016 (2024- £670,989). The directors' loans are interest free and repayable on demand.

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

	Other creditors			1,000,000		1,000,000

	Included with other creditors are amounts due to the directors amounting to £1,000,000. The directors' loans are interest free.

8	Related party transactions

	The loan interest relates to the loan from the directors' pension fund - from the advance of the loan to the year end. Interest is charged at 5% per annum.

	Administrative expenses includes rent of £30,000 that was paid to the directors' pension fund.


9	Controlling party

	The company is controlled by Keith Brown and Joan Brown who each hold 50% of the company's shares.


10	Other information

	Hartford Properties Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Field Farm
	Great Gutter Lane
	Swanland
	Hull
	HU14 3RA