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Registration number: 01033147

Openshaw Properties Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2026

Openshaw Properties Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Statement of Changes in Equity | 4
Notes to the Unaudited Financial Statements | 5 to 8

Openshaw Properties Limited

Company Information

Directors | Mr Andrew James Mills Mrs Valerie Hagan Mrs Susan Bennett Mr Jeffrey Mills

Company secretary | Mrs Valerie Hagan

Registered office | 2 Glenside Drive Wilmslow Cheshire SK9 1EH

Accountants | The Moffatts Partnership LLP Suite 1.1, First Floor Jackson House Sibson Road Sale M33 7RR

Openshaw Properties Limited

(Registration number: 01033147)
Balance Sheet as at 31 March 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | - | 282
Investment property | 5 | - | 180,000
|  | - | 180,282
Current assets |  |  |
Debtors | 6 | 18,318 | 47,203
Cash at bank and in hand |  | 170,699 | 393,363
|  | 189,017 | 440,566
Creditors: Amounts falling due within one year | 7 | (188,017) | (95,225)
Net current assets |  | 1,000 | 345,341
Total assets less current liabilities |  | 1,000 | 525,623
Provisions for liabilities |  | - | (12,863)
Net assets |  | 1,000 | 512,760
Capital and reserves |  |  |
Called up share capital | 8 | 1,000 | 1,000
Other reserves |  | - | 54,606
Retained earnings |  | - | 457,154
Shareholders' funds |  | 1,000 | 512,760

Openshaw Properties Limited

(Registration number: 01033147)
Balance Sheet as at 31 March 2026

For the financial 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.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 1 June 2026 and signed on its behalf by:

......................................... Mr Andrew James Mills Director

Openshaw Properties Limited

Statement of Changes in Equity for the Year Ended 31 March 2026

| Share capital £ | Non-distributable reserve £ | Retained earnings £ | Total £
At 1 April 2025 | 1,000 | 54,606 | 457,154 | 512,760
Loss for the year | - | - | (99,048) | (99,048)
Other comprehensive income | - | (54,606) | 54,606 | -
Total comprehensive income | - | (54,606) | (44,442) | (99,048)
Dividends | - | - | (412,712) | (412,712)
At 31 March 2026 | 1,000 | - | - | 1,000

| Share capital £ | Non-distributable reserve £ | Retained earnings £ | Total £
At 1 April 2024 | 1,000 | 180,723 | 245,026 | 426,749
Profit for the year | - | - | 86,011 | 86,011
Other comprehensive income | - | (126,117) | 126,117 | -
Total comprehensive income | - | (126,117) | 212,128 | 86,011
At 31 March 2025 | 1,000 | 54,606 | 457,154 | 512,760

Openshaw Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Glenside Drive
Wilmslow
Cheshire
SK9 1EH
England

These financial statements were authorised for issue by the Board on 1 June 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The directors have a reasonable expectation that the company will have adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis on preparing its financial statements.

Revenue recognition

Turnover comprises the fair value of rents received or receivable. The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Government grants

Government grants are recognised under the accrual model. Income is recognised in the same period that the related expenditure the grant is intended to compensate is incurred.

Openshaw Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Computer Equipment | 25% Reducing Balance Basis

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Openshaw Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2025 - 4).

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 April 2025 | 502 | 502
Disposals | (502) | (502)
At 31 March 2026 | - | -
Depreciation
At 1 April 2025 | 220 | 220
Eliminated on disposal | (220) | (220)
At 31 March 2026 | - | -
Carrying amount
At 31 March 2026 | - | -
At 31 March 2025 | 282 | 282

5 | Investment properties

| 2026 £
At 1 April | 180,000
Disposals | (180,000)
At 31 March | -

There has been no valuation of investment property by an independent valuer.

Openshaw Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

6 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | - | 32,739
Other debtors | 18,318 | 14,464
| 18,318 | 47,203

7 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Trade creditors | 1,267 | 586
Taxation and social security | 8,170 | 25,004
Accruals and deferred income | 3,926 | 4,950
Other creditors | 174,654 | 64,685
| 188,017 | 95,225

8 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
A ordinary shares of £0.10 each | 8,000 | 800 | 8,000 | 800
B ordinary shares of £0.10 each | 2,000 | 200 | 2,000 | 200
| 10,000 | 1,000 | 10,000 | 1,000

9 | Parent and ultimate parent undertaking

HBMM Holdings Ltd (13246628), which has the same directors, acquired the shares of the company, in a share for share exchange, on the 12th July 2021.
The company's immediate parent is HBMM Holdings Ltd, incorporated in England & Wales.
These financial statements are available upon request from Companies House