REGISTERED NUMBER: 01323160 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

HARTS OF WARRINGTON (DRAPERS) LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J M Forsyth

REGISTERED OFFICE:

5 Abbotsford Gardens

Grappenhall Heys

Warrington

Cheshire

WA4 3DZ

REGISTERED NUMBER:

01323160 (England and Wales)

ACCOUNTANTS:

Livesey Spottiswood Ltd

Chartered Accountants

17 George Street

St Helens

Merseyside

WA10 1DB

FIXED ASSETS

Tangible assets

4

485,570

486,269

CURRENT ASSETS

Debtors

456

436

Cash at bank

25,535

38,854

25,991

39,290

CREDITORS

Amounts falling due within one year

4,452

22,166

NET CURRENT ASSETS

21,539

17,124

TOTAL ASSETS LESS CURRENT LIABILITIES

507,109

503,393

PROVISIONS FOR LIABILITIES

44,737

44,737

NET ASSETS

462,372

458,656

CAPITAL AND RESERVES

Called up share capital

500

500

Investment property revaluation reserve

5

143,497

143,497

Retained earnings

318,375

314,659

SHAREHOLDERS' FUNDS

462,372

458,656

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 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 24 March 2026 and were signed by:

Mr J M Forsyth - Director

1.	STATUTORY INFORMATION

Harts of Warrington (Drapers) 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.

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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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

-

33% on reducing balance

Computer equipment

-

Straight line over 3 years

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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.

Investment properties

Investment properties are initially recognised at cost. Cost includes the purchase price and any legal and professional fees in connection with the acquisition of the property.

At each reporting date, the properties are valued at fair value through profit or loss. Any surpluses on revaluation are then transferred to the investment property revaluation reserve together with the deferred tax payable thereon.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 January 2025

and 31 December 2025

487,112

DEPRECIATION

At 1 January 2025

843

Charge for year

699

At 31 December 2025

1,542

NET BOOK VALUE

At 31 December 2025

485,570

At 31 December 2024

486,269

The director has estimated the value of the investment properties at 31 December 2025 to be £484,950.

Cost or valuation at 31 December 2025 is represented by:

Totals

£

Valuation in 2016

7,407

Valuation in 2022

147,525

Valuation in 2024

29,950

Cost

302,230

487,112

5.	OTHER RESERVES

Investment

property

revaluation

reserve

£

At 1 January 2025

and 31 December 2025

143,497