Hoorain Properties Ltd - Filleted accounts

Registered number

14676676

Hoorain Properties Ltd

Filleted Accounts

28 February 2026

Hoorain Properties Ltd
Registered number:		14676676
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		6,884			7,458
Tangible assets	4		1,038,026			1,040,591
			1,044,910			1,048,049

Current assets
Cash at bank and in hand		14,582			29,723

Creditors: amounts falling due within one year	5	(578,633)			(527,998)

Net current liabilities			(564,051)			(498,275)

Total assets less current liabilities			480,859			549,774

Creditors: amounts falling due after more than one year	6		(410,231)			(509,984)



Net assets			70,628			39,790

Capital and reserves
Called up share capital			100			100
Profit and loss account			70,528			39,690

Shareholder's funds			70,628			39,790

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Haroon Uz Zaman
Director
Approved by the board on 13 March 2026

Hoorain Properties Ltd
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of services. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Fixtures, fittings, tools and equipment	20% RBM
	Intangible asset	over 15 years

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.





2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			0		0


3	Intangible fixed assets					£
	Arrangement fee

	Cost
	At 1 March 2025					8,605
	At 28 February 2026					8,605

	Amortisation
	At 1 March 2025					1,147
	Provided during the year					574
	At 28 February 2026					1,721

	Net book value
	At 28 February 2026					6,884
	At 28 February 2025					7,458

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 March 2025	1,027,767		19,420		1,047,187
	At 28 February 2026	1,027,767		19,420		1,047,187

	Depreciation
	At 1 March 2025	-		6,596		6,596
	Charge for the year	-		2,565		2,565
	At 28 February 2026	-		9,161		9,161

	Net book value
	At 28 February 2026	1,027,767		10,259		1,038,026
	At 28 February 2025	1,027,767		12,824		1,040,591


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Director's Loan Account			45,811		56,315
	Bank loans and overdrafts			66,072		67,335
	Trade creditors			12,710		6,800
	Amounts owed to group undertakings and undertakings in which the company has a participating interest			435,324		380,324
	Taxation and social security costs			7,970		6,571
	Other creditors			10,746		10,653
				578,633		527,998


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			410,231		509,984


7	Other information

	Hoorain Properties Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	422 Ware Road
	Hertford
	England
	SG13 7EW