ACCOUNTT - Pages for filing

Registered number: 07185493 (England & Wales)

	HENLEY LAND LIMITED
	DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 30 JUNE 2025

	Pages for Filing with Registrar


HENLEY LAND LIMITED

CONTENTS

	Page
Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 - 5


HENLEY LAND LIMITED

COMPANY INFORMATION

Directors	Christopher Hill
	Robert Randall
	Michael Spink


Company secretary	Christopher Hill


Registered number	07185493


Registered office	40 Queen Anne Street
	London
	W1G 9EL


Business address	4 Syon Gate Way
	Brentford
	Middlesex
	TW8 9DD

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Registered number: 07185493 (England & Wales) HENLEY LAND LIMITED

BALANCE SHEET

AS AT 30 JUNE 2025

		2025		2024 As restated
Note		£		£

Current assets
Stocks		170,000		440,000
Debtors	5	6		6
Cash at bank and in hand		22		1
		170,028		440,007
Creditors: amounts falling due within one year	6	(23,653)		(44,519)
Net current assets			146,375		395,488
Net assets			146,375		395,488

Capital and reserves
Called up share capital	6	6
Profit and loss account	146,369	395,482
	146,375	395,488

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and the members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the Directors' Report and Profit and Loss Account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Michael Spink

Director

Date: 23 June 2026

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

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HENLEY LAND LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1.	General information

Henley Land Limited is a private company limited by share capital, incorporated in England & Wales, registered number 07185493. The address of the registered office is 40 Queen Anne Street, London W1G 9EL.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A - Small entities of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' ('FRS 102') and the requirements of the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

The directors are actively marketing the land included in stock and are pursuing new projects. In addition, the directors have confirmed that they will provide sufficient funds to enable the Company to meet its liabilities as they fall due, for a period of at least twelve months from the date of approval of the financial statements. Accordingly, the financial statements have been prepared on the going concern basis.

2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of land and buildings

Turnover from the sale of land and buildings is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the land and buildings sold;

∙the amount of turnover can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

2.4

Stock

Stock is stated at the lower of cost and net realisable value. Cost represents expenditure which is incurred in the normal course of business in bringing the stock to its present condition and location. Net realisable value is based on estimated selling price less any further costs of disposal.

At each balance sheet date, stock is assessed for impairment. If stock is impaired, the carrying amount is reduced to its estimated selling price less costs to complete and sell. The impairment loss is recognised immediately in the Profit and Loss Account.

2.5

Debtors

Short-term debtors are measured at the transaction price, less any impairment.

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HENLEY LAND LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

2.Accounting policies (continued)

2.6

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from third parties and loans to and from related parties.

Financial assets that are measured at cost and amortised costs are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, with the interest expense charged to the Profit and Loss Account.

2.9

Taxation

Tax is recognised in the Profit and Loss Account.

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

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.10

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

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HENLEY LAND LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Employees

The Company had no employees during the year (2024 - none). The directors did not receive any emoluments for their services to the Company during the year (2024 - none).

4.	Taxation

Factors that may affect future tax charges

The Company has trading losses amounting to approximately £5,307,000 (2024 - £5,016,000) available to carry forward against future trading profits. The deferred tax asset has been calculated at the rates of 25% (2024 - 25%). At 30 June 2025, the deferred tax asset amounted to approximately £1,326,000 (2024 - £1,254,000). The deferred tax asset has not been recognised due to uncertainty over the timing of recoverability of the asset.

Debtors

					2025	2024
					£	£

	Other debtors	6	6

6.	Creditors: amounts falling due within one year
		2025	2024 As restated
		£	£

	Other creditors	23,653	44,519

7.	Prior year adjustment

During the year, the directors identified that a liability due to a connected company had been extinguished during the year ended 30 June 2023. Accordingly, a prior year adjustment to release that liability has been processed. The effect of the prior year adjustment on the comparative figures is to reduce other creditors falling due within one year by £4,873,468 and increase the Profit and Loss Account balance at 30 June 2024 by the same amount. There is no effect on the profit for the year ended 30 June 2024.

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