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Registered number: 12797702
HARFAM PROPERTIES LIMITED
Unaudited Financial Statements
For The Year Ended 31 August 2025
TREVOR HALL ASSOCIATES LIMITED
30 Hamilton Road
Ashton-In-Makerfield
Wigan
WN4 0SU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12797702
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 356,450 125,000
356,450 125,000
CURRENT ASSETS
Debtors 5 429 7,429
Cash at bank and in hand 10,093 7,793
10,522 15,222
Creditors: Amounts Falling Due Within One Year 6 (442,625 ) (178,210 )
NET CURRENT ASSETS (LIABILITIES) (432,103 ) (162,988 )
TOTAL ASSETS LESS CURRENT LIABILITIES (75,653 ) (37,988 )
NET LIABILITIES (75,653 ) (37,988 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Revaluation reserve 8 4,523 4,523
Profit and Loss Account (80,177 ) (42,512 )
SHAREHOLDERS' FUNDS (75,653) (37,988)
Page 1
Page 2
For the year ending 31 August 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 her 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
Mrs Joanne Taylor
Director
16/06/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
HARFAM PROPERTIES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 12797702 . The registered office is 41 CONISTON AV, WIGAN, WN4 8AY.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Investment Property
2025
£
Fair Value
As at 1 September 2024 125,000
Additions 231,450
Revaluations -
As at 31 August 2025 356,450
5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income - 7,000
Other debtors 429 429
429 7,429
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 138,000 72,000
Director's loan account 304,625 106,210
442,625 178,210
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
8. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 September 2024 4,523 (42,512 )
Loss for year - (37,665)
Net investment property revaluation reserve - -
Other comprehensive income for the year - -
Total comprehensive income for the year - (37,665 )
As at 31 August 2025 4,523 (80,177 )
Page 4