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Company Registration No. 14433914 (England and Wales)
Herrington Investments Limited Unaudited accounts for the year ended 31 October 2025
Herrington Investments Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Herrington Investments Limited Company Information for the year ended 31 October 2025
Director
James Edward Wilkinson
Company Number
14433914 (England and Wales)
Registered Office
53 Newbridge Crescent Wolverhampton West Midlands WV6 0LH England
Accountants
Nellys Accountants Ltd 71 Woodland Avenue Tettenhall Wood Wolverhampton West Midlands WV6 8ND
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Herrington Investments Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
3,750
-
Investment property
5
898,110
598,563
901,860
598,563
Current assets
Debtors
6
1,000
1,335
Cash at bank and in hand
3,610
675
4,610
2,010
Creditors: amounts falling due within one year
7
(679,263)
(602,541)
Net current liabilities
(674,653)
(600,531)
Total assets less current liabilities
227,207
(1,968)
Creditors: amounts falling due after more than one year
8
(264,647)
-
Net liabilities
(37,440)
(1,968)
Capital and reserves
Called up share capital
9
2
2
Profit and loss account
(37,442)
(1,970)
Shareholders' funds
(37,440)
(1,968)
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 July 2026 and were signed on its behalf by
James Edward Wilkinson Director Company Registration No. 14433914
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Herrington Investments Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Herrington Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 14433914. The registered office is 53 Newbridge Crescent, Wolverhampton, West Midlands, WV6 0LH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Investment property
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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Herrington Investments Limited Notes to the Accounts for the year ended 31 October 2025
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 November 2024
-
Additions
5,000
At 31 October 2025
5,000
Depreciation
Charge for the year
1,250
At 31 October 2025
1,250
Net book value
At 31 October 2025
3,750
5
Investment property
2025
£
Fair value at 1 November 2024
598,563
Additions
299,547
At 31 October 2025
898,110
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
1,000
1,335
7
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
585,766
600,955
Loans from directors
93,137
-
Accruals
360
1,586
679,263
602,541
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
264,647
-
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Herrington Investments Limited Notes to the Accounts for the year ended 31 October 2025
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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