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Registered number: 13537965
Hill & Parsons Property Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Agile Accountants
Hill & Parsons Property Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Hill & Parsons Property Ltd
Balance Sheet
As At 31 March 2026
Balance Sheet
Registered number: 13537965

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,004 |  | 9,756
Investment Properties | 5 |  | 1,102,000 |  | 994,000
|  |  | 1,103,004 |  | 1,003,756
CURRENT ASSETS
Debtors | 6 | 11,354 |  | 16,606 |
Cash at bank and in hand |  | 67,516 |  | 40,502 |
|  | 78,870 |  | 57,108 |
Creditors: Amounts Falling Due Within One Year | 7 | (365,628 ) |  | (364,240 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (286,758 ) |  | (307,132 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 816,246 |  | 696,624
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (724,482 ) |  | (724,482 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (16,510 ) |  | -
NET ASSETS/(LIABILITIES) |  |  | 75,254 |  | (27,858 )
CAPITAL AND RESERVES
Called up share capital | 10 |  | 200 |  | 200
Profit and Loss Account |  |  | 75,054 |  | (28,058 )
SHAREHOLDERS' FUNDS |  |  | 75,254 |  | (27,858)

Page 1
Page 2
Hill & Parsons Property Ltd
Balance Sheet (continued)
As At 31 March 2026
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr D G Hill Director
20 August 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Hill & Parsons Property Ltd
Notes to the Financial Statements
For The Year Ended 31 March 2026
Notes to the Financial Statements
1. General Information
Hill & Parsons Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13537965 . The registered office is 69 Beaumont Road, Birmingham, B30 2EB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The company’s financial statements have been prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the company’s needs. In assessing going concern, the directors have a reasonable expectation that the company will continue as a going concern and is able to meet all of its obligations as they fall due for a minimum of 12 months from the date of approval of these financial statements.
2.3. Turnover
Turnover is recognised to the extent there is probable economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from a contract to provide services is recognised in the period in which the services are provided.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at historical cost less accumulated depreciation and any impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is charged to profit or loss over the estimated useful economic lives as follows -

Fixtures & Fittings | 25% on a straight line basis

The assets’ residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Repairs and maintenance costs are charged to profit or loss during the period in which they are incurred.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined, which is the higher of its fair value less costs to sell and its value in use. Any impairment loss is recognised immediately as an expense within the profit or loss.
2.5. Investment Properties
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. The surplus or deficit arising on revaluation is recognised in profit or loss.
2.6. Financial Instruments
Trade and other debtors / creditors
Trade and other debtors are recognised initially at transaction prices less attributable transaction costs. Trade and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of future payments discounted at a market rate of interest for a similar debt instrument.
Impairment of financial assets
Financial assets that are measured at cost and amortised cost 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 within profit or loss.
For financial assets that are measured at amortised cost, the impairment loss is measured as the difference between the asset’s carrying amount and the present value of estimated cash flows discounted at the asset’s original effective interest rate.
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between the asset’s carrying amount and the best estimate of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.
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Hill & Parsons Property Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Tangible Assets

| Fixtures & Fittings
--- | ---
| £
Cost or Valuation
As at 1 April 2025 | 35,008
As at 31 March 2026 | 35,008
Depreciation
As at 1 April 2025 | 25,252
Provided during the period | 8,752
As at 31 March 2026 | 34,004
Net Book Value
As at 31 March 2026 | 1,004
As at 1 April 2025 | 9,756

5. Investment Property

| 2026
--- | ---
| £
Fair Value
As at 1 April 2025 | 994,000
Revaluations | 108,000
As at 31 March 2026 | 1,102,000

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Hill & Parsons Property Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
6. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 2,685 |  | 7,003
Prepayments and accrued income | 3,506 |  | 4,440
Other debtors | 5,163 |  | 5,163
| 11,354 |  | 16,606

7. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | 1,896
Corporation tax | 4,779 |  | 2,339
Other creditors | 360,849 |  | 360,005
| 365,628 |  | 364,240

8. Creditors: Amounts Falling Due After More Than One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Bank loans | 724,482 |  | 724,482

9. Secured Creditors
Secured Creditors
Fixed charges were registered 18 March 2022 in favour of Kensington Mortgage Company Limited as security in connection with the associated property.
Fixed charges were registered 13 December 2022 in favour of The Mortgage Lender Limited as security in connection with the associated property.
The mortgage amounts repayable are included within bank loans due after 12 months.

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 724,482 |  | 724,482

10. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 200 |  | 200

11. Controlling Party
The company is jointly controlled by Mr Daniel Hill and Dr Helen Parsons, who each hold 50% of the issued share capital.
Page 5