H M Properties Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04410703

H M PROPERTIES LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 April 2025

H M PROPERTIES LIMITED

STATEMENT OF FINANCIAL POSITION

30 April 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	4		15,380,759		14,891,887

CURRENT ASSETS

Debtors	5	886,195	955,988
Cash at bank and in hand		25,073	75,666
		---------	------------
		911,268	1,031,654

CREDITORS: amounts falling due within one year	6	( 2,349,563)		( 2,716,748)
		------------		------------
NET CURRENT LIABILITIES			( 1,438,295)		( 1,685,094)
			-------------		-------------
TOTAL ASSETS LESS CURRENT LIABILITIES			13,942,464		13,206,793

CREDITORS: amounts falling due after more than one year	7		( 9,139,993)		( 8,668,276)

PROVISIONS

Taxation including deferred tax	( 471,326)	( 411,362)
	-------------	-------------
NET ASSETS	4,331,145	4,127,155
	-------------	-------------

CAPITAL AND RESERVES

Called up share capital	100	100
Profit and loss account	4,331,045	4,127,055
	------------	------------
SHAREHOLDERS FUNDS	4,331,145	4,127,155
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

H M PROPERTIES LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 April 2025

These financial statements were approved by the board of directors and authorised for issue on 19 January 2026 , and are signed on behalf of the board by:

H Manton
Director

Company registration number: 04410703

H M PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 APRIL 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 28 Headingley Lane, Leeds, West Yorkshire, LS62AS.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises revenue recognised by the company in respect of services supplied, exclusive of Value Added Tax.

Income tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings	-	25% reducing balance
Computer Equipment	-	25% straight line

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Financial instruments

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 and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

4. TANGIBLE ASSETS

	Land and buildings	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 May 2024	14,891,575	64,504	3,331	14,959,410
Additions	743,147	–	–	743,147
Disposals	( 254,197)	–	–	( 254,197)
	-------------	--------	-------	-------------
At 30 April 2025	15,380,525	64,504	3,331	15,448,360
	-------------	--------	-------	-------------
Depreciation
At 1 May 2024	–	64,192	3,331	67,523
Charge for the year	–	78	–	78
	-------------	--------	-------	-------------
At 30 April 2025	–	64,270	3,331	67,601
	-------------	--------	-------	-------------
Carrying amount
At 30 April 2025	15,380,525	234	–	15,380,759
	-------------	--------	-------	-------------
At 30 April 2024	14,891,575	312	–	14,891,887
	-------------	--------	-------	-------------

The investment properties have been valued on an open market basis by the director as at 30 April 2025.

5. DEBTORS

	2025	2024
	£	£
Other debtors	886,195	955,988
	---------	---------

6. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	673,339	852,502
Corporation tax	160,445	83,268
Amounts due to related companies	884,848	922,486
Other creditors	612,291	837,838
Other creditors	18,640	20,654
	------------	------------
	2,349,563	2,716,748
	------------	------------

7. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	9,139,993	8,668,276
	------------	------------