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Registration number: 01896337

Hazelbrook Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2026

Hazelbrook Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Hazelbrook Limited

Company Information

Directors | L J McGarvie N D McGarvie

Registered office | 132 Albert Road South Norwood London SE25 4JT

Hazelbrook Limited

(Registration number: 01896337)
Balance Sheet as at 31 March 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 1,090,000 | 1,090,000
Current assets |  |  |
Debtors | 5 | 1,231 | 1,584
Cash at bank and in hand |  | 63,771 | 77,086
|  | 65,002 | 78,670
Creditors: Amounts falling due within one year | 6 | (10,670) | (11,749)
Net current assets |  | 54,332 | 66,921
Total assets less current liabilities |  | 1,144,332 | 1,156,921
Provisions for liabilities |  | (91,000) | (91,000)
Net assets |  | 1,053,332 | 1,065,921
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Retained earnings |  | 1,053,232 | 1,065,821
Shareholders' funds |  | 1,053,332 | 1,065,921

For the financial 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 1 July 2026 and signed on its behalf by:

......................................... N D McGarvie Director

Hazelbrook Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
132 Albert Road
South Norwood
London
SE25 4JT

These financial statements were authorised for issue by the Board on 1 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Hazelbrook Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures and fittings | Over 5 years

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors assessment. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2025 - 0).

Hazelbrook Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4 | Tangible assets

| Land and buildings £ | Other tangible assets £ | Total £
Cost or valuation
At 1 April 2025 | 1,090,000 | 6,527 | 1,096,527
At 31 March 2026 | 1,090,000 | 6,527 | 1,096,527
Depreciation
At 1 April 2025 | - | 6,527 | 6,527
At 31 March 2026 | - | 6,527 | 6,527
Carrying amount
At 31 March 2026 | 1,090,000 | - | 1,090,000
At 31 March 2025 | 1,090,000 | - | 1,090,000

Included within the net book value of land and buildings above is £1,090,000 (2025 - £1,090,000) in respect of freehold land and buildings.

Revaluation

The fair value of the company's Land ad buildings was revalued on 31 March 2026 An independent valuer was not involved.
Had this class of asset been measured on a historical cost basis, the carrying amount would have been £553,403 (2025 - £553,403).

5 | Debtors

Current | 2026 £ | 2025 £
Prepayments | 1,231 | 1,584
| 1,231 | 1,584

Hazelbrook Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

6 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Taxation and social security | 9,110 | 10,249
Accruals and deferred income | 1,560 | 1,500
| 10,670 | 11,749

7 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100

8 | Related party transactions

Summary of transactions with other related parties

South Norwood Coachworks Limited
Common director and shareholder During the year the company received rents totalling £21,000 (2025 - £21,000) from this related party. This transaction is carried out on a normal trading basis.