Havenstone Property Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05906620

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		5,261,252		5,561,563

			5,261,252		5,561,563
CURRENT ASSETS
Debtors	5	1,694,552		1,563,334
Cash at bank and in hand		16,869		10,271

		1,711,421		1,573,605
Creditors: Amounts Falling Due Within One Year	6	(5,687 )		(6,370 )

NET CURRENT ASSETS (LIABILITIES)			1,705,734		1,567,235

TOTAL ASSETS LESS CURRENT LIABILITIES			6,966,986		7,128,798

Creditors: Amounts Falling Due After More Than One Year	7		(3,135,990 )		(3,243,280 )

NET ASSETS			3,830,996		3,885,518

CAPITAL AND RESERVES
Called up share capital	9		3,424,750		3,424,750
Profit and Loss Account			406,246		460,768

SHAREHOLDERS' FUNDS			3,830,996		3,885,518

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Havenstone Property Limited

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J K Bowen

Director

23 June 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Havenstone Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05906620 . The registered office is Lower Gawns, Blisland, Bodmin, Cornwall, PL30 4JL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account. Investment properties were valued on an open market on 30 September 2025 by the director.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Investment Properties	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost or Valuation
As at 1 October 2024	5,560,000	900	2,804	5,563,704
Disposals	(430,000 )	-	(766 )	(430,766 )
Revaluation	130,000	-	-	130,000

As at 30 September 2025	5,260,000	900	2,038	5,262,938

Depreciation
As at 1 October 2024	-	280	1,861	2,141
Provided during the period	-	154	112	266
Disposals	-	-	(721 )	(721 )

As at 30 September 2025	-	434	1,252	1,686

Net Book Value
As at 30 September 2025	5,260,000	466	786	5,261,252

As at 1 October 2024	5,560,000	620	943	5,561,563

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Havenstone Property Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

Cost or valuation as at 30 September 2025 represented by:

	Investment Properties	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
At cost	5,260,000	900	2,038	5,262,938

	5,260,000	900	2,038	5,262,938

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	59,527	109,302
Prepayments and accrued income	65,948	71,435
Other debtors	15,000	15,000
Amounts owed by other participating interests	1,554,077	1,367,597

	1,694,552	1,563,334

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	898	511
Accruals and deferred income	4,350	4,020
Director's loan account	439	1,839

	5,687	6,370

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	3,135,990	3,243,280

8. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Bank loans and overdrafts	3,135,990		3,243,280

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	3,424,750	3,424,750

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Havenstone Property Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

10. Reserves

	Profit and Loss Account
	£
As at 1 October 2024	460,768
Loss for the year and total comprehensive income	(54,522 )

As at 30 September 2025	406,246

Investment properties reserves, totalling £1,470,000 (2024 £1,520,000), were amalgamted under profit and loss account.

11. Related Party Transactions

Included in investment property is a property held in a personal name of the director. This is held in trust on

behalf of Havenstone Property Limited. At the 30 September 2025 this property was valued at £205,000.

Included in bank loans is a loan in the personal name of the director of the company, for £152,494. This is

secured against property held in trust on behalf of Havenstone Property Limited.

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