W.A. Hardman & Co. Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02911388 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

W.A. Hardman & Co. Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr B A Hardman

REGISTERED OFFICE:

Offices 1 and 2

1A King Street

Farnworth

Bolton

Greater Manchester

BL4 7AB

REGISTERED NUMBER:

02911388 (England and Wales)

ACCOUNTANTS:

Higsons Limited

Accountants

Offices 1 and 2

1A King Street

Farnworth

Bolton

Greater Manchester

BL4 7AB

FIXED ASSETS

Tangible assets

4

52

70

Investments

5

100

Investment property

6

1,503,000

1,503,152

1,503,170

CURRENT ASSETS

Debtors

7

216,070

-

Cash at bank

19,922

25,748

235,992

25,748

CREDITORS

Amounts falling due within one year

8

40,190

192,051

NET CURRENT ASSETS/(LIABILITIES)

195,802

(166,303

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,698,954

1,336,867

CREDITORS

Amounts falling due after more than one year

9

(1,243,244

)

(894,271

)

PROVISIONS FOR LIABILITIES

11

(100,175

)

(100,185

)

NET ASSETS

355,535

342,411

CAPITAL AND RESERVES

Called up share capital

100

Fair value reserve

12

300,501

Retained earnings

12

54,934

41,810

SHAREHOLDERS' FUNDS

355,535

342,411

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 28 July 2026 and were signed by:

Mr B A Hardman - Director

1.	STATUTORY INFORMATION

W.A. Hardman & Co. Limited 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.

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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation. At the balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered impairment losses, no such losses were identified.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2025

and 31 March 2026

1,651

DEPRECIATION

At 1 April 2025

1,581

Charge for year

18

At 31 March 2026

1,599

NET BOOK VALUE

At 31 March 2026

52

At 31 March 2025

70

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

and 31 March 2026

100

NET BOOK VALUE

At 31 March 2026

100

At 31 March 2025

100

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

1,503,000

NET BOOK VALUE

At 31 March 2026

1,503,000

At 31 March 2025

1,503,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2018

251,292

Valuation in 2019

149,375

Cost

1,102,333

1,503,000

If investment property had not been revalued it would have been included at the following historical cost:

31.3.26

31.3.25

£

Cost

1,102,333

Investment properties were valued on an open market basis on 31 March 2024 by the company's director Mr B A Hardman .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Other debtors

216,070

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts

24,974

16,478

Trade creditors

437

(1

)

Taxation and social security

12,763

13,696

Other creditors

2,016

161,878

40,190

192,051

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.26

31.3.25

£

Bank loans

1,243,244

894,271

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

4,356

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

Bank loans

1,268,218

910,749

Bank loans are secured against investment property.

11.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

Deferred tax

Accelerated capital allowances

100,167

Deferred tax on fair value reserve

8

18

100,175

100,185

Deferred

Other

tax

provisions

£

Balance at 1 April 2025

100,185

76,151

Credit to Income Statement during year

(10

)

-

Balance at 31 March 2026

100,175

76,151

12.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

At 1 April 2025

41,810

300,501

342,311

Profit for the year

48,824

Dividends

(35,700

)

(35,700

)

At 31 March 2026

54,934

300,501

355,435

13.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

Mr B A Hardman

Balance outstanding at start of year

-

Amounts advanced

15,059

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

15,059

-