REGISTERED NUMBER: 13640010 (England and Wales)

HYDE MAWSON PROPERTY MANAGEMENT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 OCTOBER 2024 TO 30 NOVEMBER 2025

Page

Company Information

1

Abridged Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mrs A V Hyde

Miss E K Hyde

Mr W H Hyde

REGISTERED OFFICE:

Heritage House

Murton Way

Osbaldwick

York

North Yorkshire

YO19 5UW

REGISTERED NUMBER:

13640010 (England and Wales)

ACCOUNTANTS:

UHY Calvert Smith

Chartered Accountants

Heritage House

Murton Way

Osbaldwick

York

North Yorkshire

YO19 5UW

FIXED ASSETS

Investment property

4

2,918,554

2,052,843

CURRENT ASSETS

Debtors

132,789

34,015

Cash at bank and in hand

2,905

143,485

135,694

177,500

CREDITORS

Amounts falling due within one year

581,585

13,830

NET CURRENT (LIABILITIES)/ASSETS

(445,891

)

163,670

TOTAL ASSETS LESS CURRENT LIABILITIES

2,472,663

2,216,513

CREDITORS

Amounts falling due after more than one year

5

(1,793,534

)

(1,768,998

)

PROVISIONS FOR LIABILITIES

(170,414

)

(112,165

)

NET ASSETS

508,715

335,350

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings:non - distributable

559,030

371,156

Retained earnings

(50,415

)

(35,906

)

508,715

335,350

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 directors acknowledge their 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 24 August 2026 and were signed on its behalf by:

Mrs A V Hyde - Director

1.	STATUTORY INFORMATION

Hyde Mawson Property Management 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.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are 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 and revised if necessary.

Key source of estimation uncertainty - valuation of investment property:

The carrying value of investment property is reviewed at the end of each accounting period by the directors and adjusted, if necessary, in line with current fair values. The valuations have been undertaken in accordance with an appropriate methodology based on return of capital adjusted for regional variations in property values. Deferred taxation has been provided if necessary as a separate provision.

Turnover

Turnover is represented by rental receipts. Income is recognised in line with the period which the invoice covers.

Investment property

Investment properties are properties held to earn rentals and for capital appreciation. Investment properties are initially measured at cost, including transactions costs.

Subsequently investment properties are measured at fair value. Investment property valuations are based on an open market value. Deferred tax is provided on these movements, where appropriate. Gains and losses arising from changes in fair value of investment properties are included in the Profit and Loss Account and Retained Earnings in the period in which they arise.

Aggregate retained earnings on the revaluation of investment properties are non-distributable.

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

2,052,843

Additions

615,213

Revaluations

250,498

At 30 November 2025

2,918,554

NET BOOK VALUE

At 30 November 2025

2,918,554

At 30 September 2024

2,052,843

The carrying value of investment properties is reviewed at the end of each accounting period by the directors and adjusted, if necessary, in line with current fair values. The valuations have been undertaken in accordance with an appropriate methodology based on return of capital adjusted for regional variations in property values. Deferred taxation has been provided as necessary as a separate provision.

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

1,033,928

1,029,392

6.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Mortgages

1,033,928

1,029,392

Bridging loan

563,530

-

1,597,458

1,029,392

The mortgages are secured on the properties to which they relate.

7.	RELATED PARTY DISCLOSURES

The company has received loans from companies with common directors. Loans from these companies,during the period, totalled £20,000 net of repayments (2024 year: £60,000) . Interest was charged at 6% per annum on these loans to the end of 2023. The balances outstanding at the period end totalled £759,605 (2024 year: £739,605).

A loan to a company with common directors, during the period had £100 transferred (2024 year:£100), The balance outstanding at the period end was £336 (2024 year: £236).