ACCOUNTS - Final Accounts

Analysis of the maturity of loans is given below:

Registered number: 07419098

HBM PROPERTIES FM LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

HBM PROPERTIES FM LIMITED

REGISTERED NUMBER: 07419098

BALANCE SHEET

AS AT 30 NOVEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Investment property	4		754,994		754,994
			754,994		754,994
Current assets
Cash at bank and in hand	5	26,040		12,138
		26,040		12,138
Creditors: amounts falling due within one year	6	(2,478)		(2,410)
Net current assets			23,561		9,727
Total assets less current liabilities			778,555		764,721
Creditors: amounts falling due after more than one year	7		(691,418)		(677,418)

Net assets			87,137		87,303

Capital and reserves
Called up share capital	4	4
Profit and loss account	87,133	87,299
	87,137	87,303

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

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HBM PROPERTIES FM LIMITED

REGISTERED NUMBER: 07419098

BALANCE SHEET (CONTINUED)

AS AT 30 NOVEMBER 2025

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 August 2026.

P C Hudson

Director

The notes on pages 3 to 6 form part of these financial statements.

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HBM PROPERTIES FM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

1.	General information

The company is a private company limited by shares, which is incorporated under the Companies Act 2006 and registered in England (no.07419098). The address of the registered office is 1804 Beetham Tower, 111 Old Hall Street, Liverpool, L3 9BD.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the 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. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

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HBM PROPERTIES FM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

2.Accounting policies (continued)

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated 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 so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment

25% Straight Line

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.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Investment property

Investment property is carried at fair value determined annually by external valuers 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 profit or loss.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including the directors, during the year was as follows:

	2025	2024
	No.	No.

Director	1	1

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HBM PROPERTIES FM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

4.	Investment property

	Freehold investment property	Long term leasehold investment property	Total
	£	£	£
Valuation
At 1 December 2024	249,213	505,781	754,994
At 30 November 2025	249,213	505,781	754,994

The 2025 valuations were made by the directors, on an open market value basis.

5.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	26,040	12,138
	26,040	12,138

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	78	10
Accruals and deferred income	2,400	2,400
	2,478	2,410

7.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Other loans	691,418	677,418
	691,418	677,418

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HBM PROPERTIES FM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025




Amounts falling due after more than 5 years
Other loans	691,418	677,418

9.	Related party transactions
	Included within creditors is an amount of £691,418 (2024: £677,418) owed to related parties. All transactions were conducted at an arms length basis.

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