Hale Estates Limited - Filleted accounts

Registered number

05635776

Hale Estates Limited

Filleted Abridged Accounts

31 October 2025

Hale Estates Limited
Registered number:	05635776
Abridged Balance Sheet
as at 31 October 2025

Notes		2025			2024
£			£
Current assets
Debtors	27			18
Cash at bank and in hand	208,146			210,993
	208,173			211,011

Creditors: amounts falling due within one year	(187,180)			(184,904)

Net current assets		20,993			26,107

Net assets		20,993			26,107

Capital and reserves
Called up share capital		100			100
Profit and loss account		20,893			26,007

Shareholders' funds		20,993			26,107

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.




AD Valentine
Director
Approved by the board on 16 July 2026

Hale Estates Limited
Notes to the Abridged Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The abridged accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Income is recognised when the risks and rewards of ownership have been transferred to the customer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			over 3 to 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are also recognised at transaction price including any transaction costs, less any impairment losses for bad and doubtful debts in order to give a true and fair view.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are also recognised at transaction price net of any transaction costs in order to give a true and fair view.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					3		3


3	Tangible fixed assets
								Total
£
	Cost
	At 1 November 2024							3,997
	At 31 October 2025							3,997

	Depreciation
	At 1 November 2024							3,997
	At 31 October 2025							3,997

	Net book value
	At 31 October 2025							-


4	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	AD Valentine
	During the year the company made various interest-free loans to Mr AD Valentine. Interest is charged annually at a commercial rate each 5 April on the loan account balance whenever it is in excess of £10,000. The maximum amount outstanding during the year was £1,711.	-		1,711		(1,711)		-

	JP Valentine
	During the year the company made various interest-free loans to Mr JP Valentine. Interest is charged annually at a commercial rate each 5 April on the loan account balance whenever it is in excess of £10,000. The maximum amount outstanding during the year was £2,040.	-		2,040		(2,040)		-

		-		3,751		(3,751)		-


5	Related party transactions

	Valent Roofing Services Limited (VRSL) was identified as a related party by virtue of having common directors and shareholders. The company has received interest-free loans from VRSL. The amount due to VRSL at 31 October 2025 was £181,318 (31 October 2024: £181,318).


6	Other information

	Hale Estates Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Valentine House, 252 Peel Green Road
	Eccles
	Manchester
	M30 7BU