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Company Registration No. 12425572 (England and Wales)
Hb Property Solutions Ltd Unaudited accounts for the year ended 31 March 2026
Hb Property Solutions Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Hb Property Solutions Ltd Company Information for the year ended 31 March 2026
Director
Ashley John WILLIS
Company Number
12425572 (England and Wales)
Registered Office
1 Bradley Cottages Micheldever Winchester Hampshire SO21 3BQ England
Accountants
HARVEY & CO ACCOUNTANTS LIMITED Willesden Business Centre, 41 Willesden Lane London NW6 7RF
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Hb Property Solutions Ltd Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
372,355
372,474
Current assets
Inventories
222,125
222,125
Cash at bank and in hand
12,129
6,132
234,254
228,257
Creditors: amounts falling due within one year
5
(584,802)
(584,572)
Net current liabilities
(350,548)
(356,315)
Total assets less current liabilities
21,807
16,159
Creditors: amounts falling due after more than one year
6
-
(7,173)
Net assets
21,807
8,986
Capital and reserves
Called up share capital
100
100
Revaluation reserve
30,580
30,580
Profit and loss account
(8,873)
(21,694)
Shareholders' funds
21,807
8,986
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 May 2026 and were signed on its behalf by
Ashley John WILLIS Director Company Registration No. 12425572
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Hb Property Solutions Ltd Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Hb Property Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 12425572. The registered office is 1 Bradley Cottages, Micheldever, Winchester, Hampshire, SO21 3BQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance Method
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2025
372,000
1,499
373,499
At 31 March 2026
372,000
1,499
373,499
Depreciation
At 1 April 2025
-
1,025
1,025
Charge for the year
-
119
119
At 31 March 2026
-
1,144
1,144
Net book value
At 31 March 2026
372,000
355
372,355
At 31 March 2025
372,000
474
372,474
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Hb Property Solutions Ltd Notes to the Accounts for the year ended 31 March 2026
5
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
432,393
444,780
Taxes and social security
3,035
2,952
Other creditors
147,874
136,840
Accruals
1,500
-
584,802
584,572
6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Other creditors
-
7,173
7
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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