REGISTERED NUMBER: 16094271 (England and Wales)

Unaudited Financial Statements

for the Period 21 November 2024 to 30 November 2025

for

HML ESTATES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C N Barnett

REGISTERED OFFICE:

Global House

60B Queen Street

Horsham

West Sussex

RH13 5AD

REGISTERED NUMBER:

16094271 (England and Wales)

ACCOUNTANTS:

Plus Accounting

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Investment property

4

1,793,199

CURRENT ASSETS

Debtors

5

59,135

Cash at bank

4,024

63,159

CREDITORS

Amounts falling due within one year

6

(652,543

)

NET CURRENT LIABILITIES

(589,384

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,203,815

CREDITORS

Amounts falling due after more than one year

7

(1,144,889

)

NET ASSETS

58,926

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

58,826

SHAREHOLDERS' FUNDS

58,926

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 July 2026 and were signed by:

C N Barnett - Director

1.	STATUTORY INFORMATION

HML Estates Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

Monetary amounts in these financial statements are rounded to the nearest pound.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is initially recognised at cost, comprising the purchase price and any expenditure directly attributable to the acquisition, including legal and professional fees. Subsequent to initial recognition, investment property is measured at fair value at each reporting date, with movements in fair value recognised in profit or loss.

No depreciation is provided in respect of investment property measured at fair value.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual

arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Impairment policy

At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

1,793,199

At 30 November 2025

1,793,199

NET BOOK VALUE

At 30 November 2025

1,793,199

As the property was acquired during the year, the directors have determined that the amount shown in the completion statement, comprising the purchase price together with directly attributable legal costs, represents a reasonable approximation of its fair value at the reporting date.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

47,298

Other debtors

11,837

59,135

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

85,333

Amounts owed to group undertakings

495,800

Taxation and social security

27,311

Other creditors

44,099

652,543

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

1,144,889

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1

100

On incorporation, 100 ordinary (£1) shares were issued at par.

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The

Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party

transactions with wholly owned subsidiaries within the group.

At the year end, HML Estates Ltd was owed £47,298 from Global 4 Communications Ltd in respect of trade debts, and £28,900 was owed by HML Estates Ltd to Global 4 Communications Ltd in respect of intercompany loan transactions. Global 4 Communications Ltd is a company under common control of the director.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is C N Barnett.