Hadley Rowe Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 02221605

Hadley Rowe Limited

Filleted Unaudited Financial Statements

31 March 2026

Hadley Rowe Limited

Balance Sheet

31 March 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	7,827,036	7,829,091

Current assets

Debtors	6	110,016	81,267
Cash at bank and in hand		1,394,212	1,234,687
		------------	------------
		1,504,228	1,315,954

Creditors: amounts falling due within one year	7	860,963	787,315
		------------	------------
Net current assets		643,265	528,639
		------------	------------
Total assets less current liabilities		8,470,301	8,357,730

Provisions

Taxation including deferred tax	636,630	637,031
	------------	------------
Net assets	7,833,671	7,720,699
	------------	------------

Capital and reserves

Called up share capital	10,000	10,000
Fair value reserve	3,665,689	3,665,689
Profit and loss account	4,157,982	4,045,010
	------------	------------
Shareholders funds	7,833,671	7,720,699
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Hadley Rowe Limited

Balance Sheet (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 18 June 2026 , and are signed on behalf of the board by:

Mrs S M E Mountford

Director

Company registration number: 02221605

Hadley Rowe Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Chapel House Farm, Ranton, Stafford, Staffordshire, ST18 9JU. The company registration number is 02221605 .

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £.

Judgements and key sources of estimation uncertainty

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows: As described in the accounting policies of the financial statements, depreciation of tangible assets has been based on estimated useful lives and residual values deemed appropriate by the directors. Estimated useful lives and residual values are reviewed annually and revised as appropriate. Revisions take in to account actual asset lives and residual values as evidenced by disposals during current and prior accounting periods.

Revenue recognition

Turnover represents net invoiced rentals, excluding value added tax, after adjustment for deferred income represented by rentals invoiced in advance at the year end.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	25% reducing balance
Equipment	-	15% reducing balance

Investment property

Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in the profit and loss in the period in which they arise. Investment properties whose fair value cannot be measured reliably without undue cost or effort on an ongoing basis are included in plant, property and equipment at cost less accumulated depreciation and accumulated impairment losses.

Impairment of fixed assets

At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss. Inventories are also assessed for impairment at each reporting date. The carrying amount of each item of inventory, or group of similar items, is compared with its selling price less costs to complete and sell. If an item of inventory or group of similar items is impaired, its carrying amount is reduced to selling price less costs to complete and sell, and an impairment loss is recognised immediately in profit or loss. If an impairment loss is subsequently reversed, the carrying amount of the asset or group of related assets is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset or group of related assets in prior periods. A reversal of an impairment loss is recognised immediately in profit or loss.

Provisions

Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. The basic financial instruments of the company are as follows: Debtors Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired. Cash at bank and in hand This comprises cash at bank and in hand. Trade creditors Trade creditors are not interest bearing and are stated at their nominal value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2025: 2 ).

5. Tangible assets

	Investment property	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 April 2025	7,820,000	37,908	4,107	7,862,015
Disposals	–	( 7,058)	–	( 7,058)
	------------	--------	-------	------------
At 31 March 2026	7,820,000	30,850	4,107	7,854,957
	------------	--------	-------	------------
Depreciation
At 1 April 2025	–	31,292	1,632	32,924
Charge for the year	–	1,644	372	2,016
Disposals	–	( 7,019)	–	( 7,019)
	------------	--------	-------	------------
At 31 March 2026	–	25,917	2,004	27,921
	------------	--------	-------	------------
Carrying amount
At 31 March 2026	7,820,000	4,933	2,103	7,827,036
	------------	--------	-------	------------
At 31 March 2025	7,820,000	6,616	2,475	7,829,091
	------------	--------	-------	------------

The fair value of investment property at 31 March 2025 is represented by:


		£
	Valuation in 2002	1,210,561
	Valuation in 2004	27,975
	Valuation in 2006	37,000
	Valuation in 2009	861,365
	Valuation in 2021	2,163,729
	Cost	3,519,370
		------------
		7,820,000
		------------

The commercial properties were valued on an open market basis on 14 June 2021 by Andrew Dixon & Co.

6. Debtors

	2026	2025
	£	£
Trade debtors	80,969	81,267
Other debtors	29,047	–
	---------	--------
	110,016	81,267
	---------	--------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	31,260	2,556
Accruals and deferred income	624,676	587,784
Corporation tax	36,474	24,829
Social security and other taxes	75,366	73,512
Other creditors	93,187	98,634
	---------	---------
	860,963	787,315
	---------	---------

One director has a charge against two properties owned by the company to cover any sums owed at any time as shown by the directors loan accounts.