REGISTERED NUMBER: 05924244 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

HILL ROAD PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

C G A Heimann

Secretary:

L J Sawyer

Registered office:

Luckings Estate Office

Magpie Lane

Coleshill

Buckinghamshire

HP7 0LS

Registered number:

05924244 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

-

-

Investment property

5

4,898,043

4,898,043

4,898,043

4,898,043

Current assets

Debtors

6

76,271

146,199

Cash at bank

186,591

8,511

262,862

154,710

Creditors: amounts falling due within one year

7

210,489

241,653

Net current assets/(liabilities)

52,373

(86,943

)

Total assets less current liabilities

4,950,416

4,811,100

Creditors: amounts falling due after more than one year

8

(2,200,000

)

(2,195,369

)

Provisions for liabilities

(517,804

)

(687,500

)

Net assets

2,232,612

1,928,231

Capital and reserves

Called up share capital

9

200

200

Fair value reserve

10

2,232,196

2,062,500

Retained earnings

10

216

(134,469

)

Shareholders' funds

2,232,612

1,928,231

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 May 2026 and were signed by:

C G A Heimann - Director

1.	Statutory information

Hill Road Properties 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.

Turnover

Turnover is measured at the fair value of rental income received or receivable during the normal course of business and is shown net of VAT.

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

-

20% on cost

Financial instruments

Financial assets and liabilities are recognised when the company becomes party to the contractual provisions of the financial instrument. The company holds financial instruments which comprise cash and cash equivalents, trade and other receivables, equity investments, trade and other payables, convertible loan notes and loans and borrowings. The company has chosen to apply the provisions of Section 11 Basic Financial Instruments and Section 12 Other Financial Instruments in full.

Financial assets and liabilities - classified as basic financial instruments

(i) Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held with banks, and other short-term highly liquid investments with original maturities of three months or less.

(ii) Trade and other receivables

Trade and other receivables are initially recognised at the transaction price, including any transaction costs, and subsequently measured at amortised cost including the effective interest method, less any provision for impairment. Amounts that are receivable within one year are measured at the undiscounted amount of the cash expected to be received, net of any impairment.

At the end of each reporting period, the company assesses whether there is objective evidence that an receivable amount may be impaired. A provision for impairment 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. The amount of the provision is the difference between the asset's carrying amount and the present value of the estimated future cash flows, discounted at the effective interest rate. The amount of the provision is recognised immediately in the Income Statement.

(iii) Equity investments

Equity investments comprise ordinary shares, not publicly traded in active markets for which a reliable fair value cannot be measured reliably. Equity investments are initially recognised at fair value, which is the transaction price excluding transaction costs and are subsequently measured at fair value through profit or loss.

(iv) Trade and other payables and loans and borrowings

Trade and other payables and loans and borrowings are initially measured at the transaction price, including any transaction costs, and subsequently measured at amortised cost using the effective interest method. Amounts that are payable within one year are measured at the discounted amount of the cash expected to be paid.

Taxation

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

Going concern

These financial statements have been prepared on a going concern basis and they do not include any adjustments which may be necessary should the going concern basis of accounting no longer be appropriate.

3.	Employees and directors

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

4.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1 October 2024

and 30 September 2025

1,000

Depreciation

At 1 October 2024

and 30 September 2025

1,000

Net book value

At 30 September 2025

-

At 30 September 2024

-

5.	Investment property

Total

£

Fair value

At 1 October 2024

and 30 September 2025

4,898,043

Net book value

At 30 September 2025

4,898,043

At 30 September 2024

4,898,043

The Director has considered the Fair Value of the investment property at the reporting date and does not believe there to be a material change during the period. For this reason there has been no Fair Value adjustment.

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

15,915

132,849

Other debtors

60,356

13,350

76,271

146,199

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

1,539

11,616

Taxation and social security

37,019

17,438

Other creditors

171,931

212,599

210,489

241,653

8.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Other creditors

2,200,000

2,195,369

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

2,200,000

2,195,369

Other creditors includes a loan secured by a legal charge over the property and by a fixed charge over the assets, guarantee and warranties in respect of any of them.

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

200

Ordinary

£1

200

200

10.

Reserves

Retained

Fair value

earnings

reserve

Totals

£

£

£

At 1 October 2024

(134,469

)

2,062,500

1,928,031

Profit for the year

497,480

497,480

Dividends

(193,099

)

(193,099

)

Transfer of reserves

(169,696

)

169,696

-

At 30 September 2025

216

2,232,196

2,232,412

11.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

2025

2024

£

£

C G A Heimann

Balance outstanding at start of year

(3,066

)

(3,066

)

Amounts advanced

32,300

68,000

Amounts repaid

-

-

Amounts written off

-

(68,000

)

Amounts waived

-

-

Balance outstanding at end of year

29,234

(3,066

)

The loan from the company to the Director is unsecured and repayable on demand. Interest has been charged at the official rate per HMRC during the year.