Company registration number 09044654 (England and Wales)
HARTLEPOOL PARK ROAD PROPERTIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
HARTLEPOOL PARK ROAD PROPERTIES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
HARTLEPOOL PARK ROAD PROPERTIES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Investment property
4
500,000
500,000
Current assets
Debtors
5
3,438
5,071
Cash at bank and in hand
799
1,300
4,237
6,371
Creditors: amounts falling due within one year
6
(381,250)
(393,399)
Net current liabilities
(377,013)
(387,028)
Net assets
122,987
112,972
Capital and reserves
Called up share capital
95
95
Profit and loss reserves
122,892
112,877
Total equity
122,987
112,972

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 4 August 2026
Mr G Lee
Director
Company registration number 09044654 (England and Wales)
HARTLEPOOL PARK ROAD PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
1
Accounting policies
Company information

Hartlepool Park Road Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is 2 Fusion Court, Aberford Road, Garforth, Leeds, LS25 2GH.

1.1
Basis of preparation

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 a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value. The principal accounting policies adopted are set out below.

1.2
Revenue

The turnover shown in the profit and loss account represents rent receivable during the year, exclusive of VAT where applicable.

1.3
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. Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of comprehensive income.

1.4
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.

1.5
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.

Basic financial assets

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade debtors and creditors. These are measured at amortised cost and are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of comprehensive income.

HARTLEPOOL PARK ROAD PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 3 -
Classification of financial liabilities

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 company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
1
1
HARTLEPOOL PARK ROAD PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -
4
Investment property
2026
£
Fair value
At 1 April 2025 and 31 March 2026
500,000

The Director has reviewed the valuations of the investment property performed in September 2015, along with current market conditions and has concluded that the properties market value would be £500,000.

National Westminster Bank Plc hold a fixed charge over the investment property and a floating charge over all other assets of the company.

5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
1,354
2,372
Other debtors
2,084
2,699
3,438
5,071
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
1,204
3,603
Corporation tax
1,800
-
0
Other creditors
378,246
389,796
381,250
393,399
2026-03-31 2025-04-01 false false false 04 August 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr G Lee 09044654 2025-04-01 2026-03-31 09044654 2026-03-31 09044654 2025-03-31 09044654 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 09044654 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 09044654 core:CurrentFinancialInstruments 2026-03-31 09044654 core:CurrentFinancialInstruments 2025-03-31 09044654 core:ShareCapital 2026-03-31 09044654 core:ShareCapital 2025-03-31 09044654 core:RetainedEarningsAccumulatedLosses 2026-03-31 09044654 core:RetainedEarningsAccumulatedLosses 2025-03-31 09044654 bus:Director1 2025-04-01 2026-03-31 09044654 2024-04-01 2025-03-31 09044654 2025-03-31 09044654 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 09044654 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 09044654 bus:FRS102 2025-04-01 2026-03-31 09044654 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 09044654 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP