REGISTERED NUMBER: 06558106 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

HSH PROPERTY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms F Brignone

REGISTERED OFFICE:

38

Craven Street

London

WC2N 5NG

REGISTERED NUMBER:

06558106 (England and Wales)

ACCOUNTANTS:

B&P Tax Legal Finance LLP

38 Craven Street

London

WC2N 5NG

FIXED ASSETS

Tangible assets

4

1,289

2,426

Investment property

5

3,986,444

4,030,001

3,987,733

4,032,427

CURRENT ASSETS

Debtors

6

201,023

128,945

Investments

7

3,540,229

3,448,610

Cash at bank and in hand

622,026

885,639

4,363,278

4,463,194

CREDITORS

Amounts falling due within one year

8

(301,571

)

(296,180

)

NET CURRENT ASSETS

4,061,707

4,167,014

TOTAL ASSETS LESS CURRENT LIABILITIES

8,049,440

8,199,441

CREDITORS

Amounts falling due after more than one year

9

(785,806

)

(785,806

)

PROVISIONS FOR LIABILITIES

(53,961

)

(59,281

)

NET ASSETS

7,209,673

7,354,354

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

161,885

(61,274

)

Retained earnings

7,047,688

7,415,528

7,209,673

7,354,354

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 April 2026 and were signed by:

Ms F Brignone - Director

1.	STATUTORY INFORMATION

Hsh 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Fixtures and fittings are stated at cost, net of depreciation and any provision for impairment. Cost includes expenditure directly attributable to bringing the asset into working condition for its intended use.

Depreciation is provided on all fixtures and fittings at rates calculated to write off the cost, less estimated residual value, over their expected useful economic lives on a straight-line basis as follows:

Fixtures and fittings: 25% per annum.

Investment property

Investment properties are initially measured at cost, including directly attributable transaction costs. Subsequent to initial recognition, investment properties are measured at fair value at each reporting date, with changes in fair value recognised in the profit and loss account.

Financial instruments

Recognition and Initial Measurement

Financial instruments are recognised when the company becomes a party to the contractual provisions of the instrument. They are initially measured at transaction price, including any directly attributable transaction costs, unless the instrument is classified as at fair value through profit or loss.

Subsequent Measurement

The company classifies financial instruments into the following categories:

Basic Financial Instruments

Basic financial instruments include cash, trade and other receivables, trade and other payables, and loans. These are measured at amortised cost using the effective interest method, except for short-term instruments where the impact of discounting is immaterial.

Other Financial Instruments

Non-basic financial instruments, such as listed investments or derivatives, are measured at fair value through profit or loss, with changes in fair value recognised in the profit and loss account in the period in which they arise.

Derecognition

Financial assets are derecognised when the contractual rights to the cash flows from the asset expire or are transferred. Financial liabilities are derecognised when the company’s obligations are discharged, cancelled, or expire.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

22,405

Additions

415

At 30 April 2025

22,820

DEPRECIATION

At 1 May 2024

19,979

Charge for year

1,552

At 30 April 2025

21,531

NET BOOK VALUE

At 30 April 2025

1,289

At 30 April 2024

2,426

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

4,030,001

Additions

1,518,628

Disposals

(1,633,661

)

Revaluations

71,476

At 30 April 2025

3,986,444

NET BOOK VALUE

At 30 April 2025

3,986,444

At 30 April 2024

4,030,001

The 2025 valuation was carried out by the director based on the open market value for its existing use.

Had the investment property been accounted for under historical cost accounting principles, its valuation would have been as follows:

2025 £ 2024 £

Historic cost 3,770,597 3,982,815

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

74,781

77,308

Other debtors

126,242

51,637

201,023

128,945

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

3,540,229

3,448,610

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

123,496

5,510

Taxation and social security

107,889

233,159

Other creditors

70,186

57,511

301,571

296,180

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

785,806

785,806

10.	RELATED PARTY DISCLOSURES

During the reporting year, the company paid interim dividends totaling £292,266 (2024: £224,000) to its shareholder.

During the year, a close family member of the director provided services to the company. The total amount paid for these services was £226,945 (2024: £239,577).

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Ms F Brignone.