REGISTERED NUMBER: 00614647 (England and Wales)

HIZ SECURITIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

1,689

504

Investments

5

50

50

Investment property

6

7,443,122

7,018,465

7,444,861

7,019,019

CURRENT ASSETS

Debtors

7

178,091

231,381

Investments

8

458,188

497,479

Cash at bank

665,606

911,412

1,301,885

1,640,272

CREDITORS

Amounts falling due within one year

9

74,563

231,647

NET CURRENT ASSETS

1,227,322

1,408,625

TOTAL ASSETS LESS CURRENT LIABILITIES

8,672,183

8,427,644

PROVISIONS FOR LIABILITIES

503,617

559,213

NET ASSETS

8,168,566

7,868,431

CAPITAL AND RESERVES

Called up share capital

11,232

11,232

Capital redemption reserve

3,768

3,768

Property maintenance reserve

250,000

250,000

Fair value reserve

10

4,695,415

4,328,651

Retained earnings

3,208,151

3,274,780

8,168,566

7,868,431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 April 2026 and were signed on its behalf by:

Mr B J Marx - Director

Mr R A C Thake - Director

1.	STATUTORY INFORMATION

Hiz Securities Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00614647

Registered office:

Clare House

24 Walsworth Road

Hitchin

Hertfordshire

SG4 9SP

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

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.

Going concern

The directors have a reasonable expectation that the company will continue to operate for the foreseeable future and so these financial statements are prepared on the going concern basis.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion, there are no significant judgements or key sources of estimation uncertainty.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

No depreciation is provided in respect of land and buildings.

Although this policy is in accordance with the Financial reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors, compliance with the standard is necessary for the financial statements to give a true and fair view.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

3,183

2,983

-

6,166

Additions

-

230

1,139

1,369

At 31 December 2025

3,183

3,213

1,139

7,535

DEPRECIATION

At 1 January 2025

3,183

2,479

-

5,662

Charge for year

-

79

105

184

At 31 December 2025

3,183

2,558

105

5,846

NET BOOK VALUE

At 31 December 2025

-

655

1,034

1,689

At 31 December 2024

-

504

-

504

5.	FIXED ASSET INVESTMENTS

Interest

in joint

venture

£

COST

At 1 January 2025

and 31 December 2025

50

NET BOOK VALUE

At 31 December 2025

50

At 31 December 2024

50

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

7,018,465

Additions

219,526

Revaluations

205,131

At 31 December 2025

7,443,122

NET BOOK VALUE

At 31 December 2025

7,443,122

At 31 December 2024

7,018,465

The fair value of the investment properties have been arrived at on the basis of a valuation carried out by the directors of the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

Fair value at 31 December 2025 is represented by:

£

Valuation in 2016

2,767,208

Valuation in 2017

127,328

Valuation in 2018

479,907

Valuation in 2019

243,121

Valuation in 2020

245,069

Valuation in 2021

456,556

Valuation in 2022

215,502

Valuation in 2023

(212,878

)

Valuation in 2024

549,171

Valuation in 2025

205,131

Cost

2,367,007

7,443,122

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

178,091

231,381

8.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

458,188

497,479

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

64,094

195,001

Other creditors

10,469

36,646

74,563

231,647

10.

RESERVES

Fair

value

reserve

£

At 1 January 2025

4,328,651

Fair value movements

310,620

Deferred tax movements

56,144

At 31 December 2025

4,695,415

11.	RELATED PARTY DISCLOSURES

At the balance sheet date, £Nil (2024: £77,103) was due from Hendales Property Management Limited, a company controlled by J Mebourne, a director.

At the balance sheet date, £131,211 (2024: £131,211) was due from Garrison Court Freeholders Limited, a company in which Hiz Securities Limited owns a 50% shareholding. This loan is interest free and there are no terms for repayment.

At the balance sheet date, £7,362 (2024: £122) was due from Clare Gardens Estate Management Company Limited, a company in which P Thake and R Thake are directors. This loan is interest free and there are no terms for repayment.

12.	ULTIMATE CONTROLLING PARTY

During the year, the company was controlled by the directors acting in concert.