0 0 Hibrow Estates Limited 04437695 false 2024-06-01 2025-05-31 2025-05-31 The principal activity of the company is property ownership. Digita Accounts Production Advanced 6.30.9574.0 true 04437695 2024-06-01 2025-05-31 04437695 2025-05-31 04437695 core:RetainedEarningsAccumulatedLosses 2025-05-31 04437695 core:RevaluationReserve 2025-05-31 04437695 core:ShareCapital 2025-05-31 04437695 core:CurrentFinancialInstruments 2025-05-31 04437695 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-31 04437695 bus:SmallEntities 2024-06-01 2025-05-31 04437695 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 04437695 bus:FilletedAccounts 2024-06-01 2025-05-31 04437695 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 04437695 bus:RegisteredOffice 2024-06-01 2025-05-31 04437695 bus:CompanySecretaryDirector1 2024-06-01 2025-05-31 04437695 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 04437695 bus:Agent1 2024-06-01 2025-05-31 04437695 countries:EnglandWales 2024-06-01 2025-05-31 04437695 2024-05-31 04437695 2023-06-01 2024-05-31 04437695 2024-05-31 04437695 core:RetainedEarningsAccumulatedLosses 2024-05-31 04437695 core:RevaluationReserve 2024-05-31 04437695 core:ShareCapital 2024-05-31 04437695 core:CurrentFinancialInstruments 2024-05-31 04437695 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 xbrli:pure iso4217:GBP

Registration number: 04437695

Hibrow Estates Limited
Annual Report and Unaudited Filleted Financial Statements
for the Year Ended 31 May 2025

Hibrow Estates Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 5

Hibrow Estates Limited

Company Information

Director | R Lever

Company secretary | R Lever

Registered office | 8 High Street Heathfield East Sussex England TN21 8LS

Accountants | Manningtons 8 High Street Heathfield East Sussex TN21 8LS

Hibrow Estates Limited

(Registration number: 04437695)
Balance Sheet as at 31 May 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 4 | 230,000 | 230,000
Current assets |  |  |
Debtors | 5 | 600 | 600
Cash at bank and in hand |  | 16,510 | 16,677
|  | 17,110 | 17,277
Creditors: Amounts falling due within one year | 6 | (33,680) | (36,185)
Net current liabilities |  | (16,570) | (18,908)
Total assets less current liabilities |  | 213,430 | 211,092
Provisions for liabilities |  | (35,780) | (67,225)
Net assets |  | 177,650 | 143,867
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Revaluation reserve |  | 152,537 | 121,092
Retained earnings |  | 25,112 | 22,774
Shareholders' funds |  | 177,650 | 143,867

For the financial year ending 31 May 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 accounts for the year in question in accordance with section 476; and
• | The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 11 February 2026

......................................... R Lever Company secretary and director

Hibrow Estates Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
8 High Street
Heathfield
East Sussex
TN21 8LS
England

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is the Pound Sterling (£).

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Hibrow Estates Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

Investment property

Investment property comprises freehold buildings. They are initially measured at cost, including related transaction costs. These are held as investments to earn rental income and for capital appreciation and are stated at fair value at the balance sheet date.
The fair value of investment property reflects, among other things, rental income from current leases and assumptions about rental income from future leases in the light of the current market conditions.
Subsequent expenditure is added to assets carrying value only when it is probable the the future economic benefits associated with the item will flow to the company and the cost of the item can be measured reliably. All other repairs and maintenance costs are charged to the profit and loss account during the financial period in which they are incurred.
Any movement in the fair value of the properties is reflected within the profit and loss account for that year.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from tenants for unpaid rent performed in the ordinary course of business.
Trade debtors are recognised at the transaction price, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 0).

Hibrow Estates Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

4 | Investment properties

| 2025 £
At 1 June | 230,000
At 31 May | 230,000

The fair value was provided by the directors in relation to the investment property.

There has been no valuation of investment property by an independent valuer.

5 | Debtors

| 2025 £ | 2024 £
Other debtors | 600 | 600
| 600 | 600

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | - | 34
Taxation and social security | 1,334 | 682
Accruals and deferred income | 750 | 751
Other creditors | 34 | -
Director loan account | 31,562 | 34,718
| 33,680 | 36,185