REGISTERED NUMBER: 15911343 (England and Wales)

Unaudited Financial Statements

for the Period 22nd August 2024 to 31st August 2025

for

Hay Property Investments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N M Hay

S Hay

REGISTERED OFFICE:

Unit 1 First Floor

Derwent Court Earlsway

Team Valley Trading Estate

Gateshead

Tyne and Wear

NE11 0TF

REGISTERED NUMBER:

15911343 (England and Wales)

ACCOUNTANTS:

Sampson Fielding Ltd

5th Floor

36-38 Wigmore Street

London

W1U 2BP

FIXED ASSETS

Tangible assets

4

32,006

Investments

5

1

Investment property

6

1,268,191

1,300,198

CURRENT ASSETS

Debtors

7

101

Cash at bank

267,130

267,231

CREDITORS

Amounts falling due within one year

8

522,553

NET CURRENT LIABILITIES

(255,322

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,044,876

CREDITORS

Amounts falling due after more than one year

9

1,181,181

NET LIABILITIES

(136,305

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(136,405

)

(136,305

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1st May 2026 and were signed on its behalf by:

N M Hay - Director

1.	STATUTORY INFORMATION

Hay Property Investments Ltd 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.

Preparation of consolidated financial statements

The financial statements contain information about Hay Property Investments Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents rental income receivable from the property owned by the company, excluding value added tax.

Rental income from investment properties is recognised on a straight-line basis over the period of the lease or tenancy agreement to which it relates.

Income is recognised when it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably.

Any rent received in advance is deferred and recognised in the profit and loss account over the period to which it relates. Rent receivable but not yet received at the reporting date is included within debtors.

Tangible fixed assets

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

Plant and machinery etc

-

15% on cost

Investments in subsidiaries

Investments in subsidiaries are initially measured at cost, including the purchase price and any directly attributable acquisition costs. Subsequently, they are carried at cost less any accumulated impairment losses.

Investment property

Investment property is initially recognised at its purchase price. It is subsequently measured at fair value at each reporting date, with changes in fair value recognised in profit or loss. Fair value is derived from the current market rents and investment property yields for comparable properties.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and trade and other creditors.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

33,031

At 31st August 2025

33,031

DEPRECIATION

Charge for period

1,025

At 31st August 2025

1,025

NET BOOK VALUE

At 31st August 2025

32,006

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

1

At 31st August 2025

1

NET BOOK VALUE

At 31st August 2025

1

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

1,268,191

At 31st August 2025

1,268,191

NET BOOK VALUE

At 31st August 2025

1,268,191

During the reporting period, contracts were exchanged for one of the investment properties, with completion expected after the period end. The exchange of contracts is legally binding, the company has an entitlement to the property and a financial obligation to pay for it. The full cost of the property is therefore recognised at the balance sheet date, with the outstanding amount to be paid shown in other creditors.

The directors consider the fair value of the properties at the year end to be their purchase price.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

101

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans

205,042

Other creditors

317,511

522,553

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

425,700

Other creditors

755,481

1,181,181

10.	SECURED DEBTS

The following secured debts are included within creditors:

£

Bank loans

630,742

Bank loans included in current and non current creditors relate to mortgages secured against Investment Properties held by the Company.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31st August 2025:

£

S Hay

Balance outstanding at start of period

-

Amounts repaid

(40

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

(40

)

N M Hay

Balance outstanding at start of period

-

Amounts repaid

(40

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

(40

)

These loans do not bear interest and are repayable on demand.

12.	RELATED PARTY DISCLOSURES

At the year end the Company owed £275,075 to UK Lift and Escalator Company Ltd and £480,405 to Hay Investment Group Ltd. Paul Hay, who is the father of the directors of the Company, controls both UK Lift and Escalator Company Ltd and Hay Investment Group Ltd.