Heart Properties Limited

Heart Properties Limited
Contents Page
For the year ended 30 November 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

Heart Properties Limited Accountants' Report For the year ended 30 November 2025
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Heart Properties Limited for the year ended 30 November 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Heart Properties Limited for the year ended 30 November 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Heart Properties Limited, as a body, in accordance with the terms of our engagement letter dated 01 November 2022. Our work has been undertaken solely to prepare for your approval the accounts of Heart Properties Limited and state those matters that we have agreed to state to the Board of Directors of Heart Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Heart Properties Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Heart Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Heart Properties Limited. You consider that Heart Properties Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Heart Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts 30 November 2025 .................................................... aa Chartered Accountants 6 Blenheim Court Peppercorn Close Peterborough Cambs PE1 2DU 27 April 2026 1

Heart Properties Limited
Accountants' Report
For the year ended 30 November 2025

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Heart Properties Limited for the year ended 30 November 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Heart Properties Limited for the year ended 30 November 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Heart Properties Limited, as a body, in accordance with the terms of our engagement letter dated 01 November 2022.

Our work has been undertaken solely to prepare for your approval the accounts of Heart Properties Limited and state those matters that we have agreed to state to the Board of Directors of Heart Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Heart Properties Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Heart Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Heart Properties Limited.

You consider that Heart Properties Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Heart Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
30 November 2025

....................................................
aa Chartered Accountants
6 Blenheim Court
Peppercorn Close
Peterborough
Cambs
PE1 2DU
27 April 2026

1

Heart Properties Limited
Statement of Financial Position
As at 30 November 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	461,631	447,821
		461,631	447,821
Current assets
Debtors		161,665	161,767
Cash at bank and in hand		7,663	2,004
		169,328	163,771
Creditors: amount falling due within one year		(206,064)	(392,732)
Net current assets		(36,736)	(228,961)

Total assets less current liabilities		424,895	218,860
Creditors: amount falling due after more than one year		(375,286)	(179,825)
Provisions for liabilities		(16,836)	(14,284)
Net assets		32,773	24,751

Capital and reserves
Called up share capital	4	1	1
Undistributable Reserves		71,777	60,898
Profit and loss account		(39,005)	(36,148)
Shareholders' funds		32,773	24,751

For the year ended 30 November 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006 the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 27 April 2026 and were signed by:

-------------------------------
Linda Threadgold
Director

2

Heart Properties Limited
Notes to the Abridged Financial Statements
For the year ended 30 November 2025

General Information

Heart Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 12310571, registration address 27 Old Gloucester Street, London, WC1N 3AX.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

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)

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20% Reducing Balance
Computer Equipment	33% Reducing Balance

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees including directors Average number of employees during the year was 1 (2024 : 1).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Computer Equipment	Investment properties	Total
	£	£	£	£
At 01 December 2024	293	-	447,700	447,993
Additions	-	604	-	604
Disposals	-	-	-	-
Revaluations	-	-	13,431	13,431
At 30 November 2025	293	604	461,131	462,028
Depreciation
At 01 December 2024	172	-	-	172
Charge for year	24	201	-	225
On disposals	-	-	-	-
At 30 November 2025	196	201	-	397
Net book values
Closing balance as at 30 November 2025	97	403	461,131	461,631
Opening balance as at 01 December 2024	121	-	447,700	447,821

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
1 share of £1.00 each	1		1
	1		1

5.	Property Revaluation At the end of the year the directors have revalued the properties based on market valuation using available market tools.

3

Registered Number: 12310571
England and Wales
HEART PROPERTIES LIMITED

Abridged Accounts

Period of accounts Start date: 01 December 2024 End date: 30 November 2025