REGISTERED NUMBER: 15690171 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2026

for

Nice Hat Residential Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R G C Hanrahan

H Hanrahan

REGISTERED OFFICE:

Eshton Suite 2

Wynyard Business Park

Wynyard Avenue

Billingham

TS22 5TB

REGISTERED NUMBER:

15690171 (England and Wales)

ACCOUNTANTS:

RAA North East Ltd

Eshton Suite 2

Wynyard Business Park

Wynyard Avenue

Billingham

Cleveland

TS22 5TB

Fixed assets

Tangible assets

3

550,693

503,127

Current assets

Debtors

4

348

-

Cash at bank and in hand

60,474

2,480

60,822

2,480

Creditors

Amounts falling due within one year

5

(175,248

)

(172,648

)

Net current liabilities

(114,426

)

(170,168

)

Total assets less current liabilities

436,267

332,959

Creditors

Amounts falling due after more than one year

6

(424,865

)

(362,506

)

Provisions for liabilities

(8,906

)

-

Net assets/(liabilities)

2,496

(29,547

)

Capital and reserves

Called up share capital

100

100

Fair value reserve

7

37,967

-

Retained earnings

7

(35,571

)

(29,647

)

2,496

(29,547

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 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 23 June 2026 and were signed on its behalf by:

R G C Hanrahan - Director

1.	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.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

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

Freehold property

-

Not Depreciated

Computer equipment

-

33.33% on cost

TAXATION

Taxation for the year 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 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.

GOING CONCERN

The financial statements have been prepared on a going concern basis, the directors believe this assumption to be appropriate based on the continuing financial support of the company's directors.

If the going concern basis was not appropriate, adjustments would have to be made to restate the value of the assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

3.	TANGIBLE FIXED ASSETS

Freehold

Computer

property

equipment

Totals

£

£

£

COST OR VALUATION

At 1 May 2025

503,127

-

503,127

Additions

-

780

780

Revaluations

46,873

-

46,873

At 30 April 2026

550,000

780

550,780

DEPRECIATION

Charge for year

-

87

87

At 30 April 2026

-

87

87

NET BOOK VALUE

At 30 April 2026

550,000

693

550,693

At 30 April 2025

503,127

-

503,127

Cost or valuation at 30 April 2026 is represented by:

Freehold

Computer

property

equipment

Totals

£

£

£

Valuation in 2026

46,873

780

47,653

Cost

503,127

-

503,127

550,000

780

550,780

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Prepayments and accrued income

348

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Directors' current accounts

173,663

171,064

Accrued expenses

1,585

1,584

175,248

172,648

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other loans more 5yrs instal

424,865

362,506

2026

2025

£

£

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

424,865

362,506

7.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 May 2025

(29,647

)

-

(29,647

)

Profit for the year

32,043

32,043

Gain/loss on revaln of inv pr

(37,967

)

37,967

-

At 30 April 2026

(35,571

)

37,967

2,396