ACCOUNTS - Final Accounts preparation

Staff costs, including directors' remuneration, were as follows:

Registered number: 02295935

PAUL HARDING LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED

28 FEBRUARY 2026

01483 755 399

hamlyns.com

PAUL HARDING LIMITED

COMPANY INFORMATION

Directors	M Harding
	P M Harding


Company secretary	M Harding


Registered number	02295935


Registered office	The Clockhouse
	4 Windmill Road
	Wimbledon Common
	London
	SW19 5NQ


Accountants	Hamlyns Limited
	Chartered Accountants
	Sundial House
	High Street
	Horsell
	WOKING
	GU21 4SU

PAUL HARDING LIMITED

REGISTERED NUMBER: 02295935

BALANCE SHEET

AS AT 28 FEBRUARY 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	4		3,326		826
Investments	5		1,004		1,504
Investment property	6		1,975,000		2,925,000
			1,979,330		2,927,330
Current assets
Debtors: amounts falling due within one year	7	1,346		1,774
Cash at bank and in hand		735,298		2,287
		736,644		4,061
Creditors: amounts falling due within one year	8	(46,881)		(38,692)
Net current assets/(liabilities)			689,763		(34,631)
Total assets less current liabilities			2,669,093		2,892,699
Provisions for liabilities
Deferred tax		(300,241)		(428,654)
			(300,241)		(428,654)
Net assets			2,368,852		2,464,045

Capital and reserves
Called up share capital	2,002	2,002
Share premium account	1,124,000	1,124,000
Fair value reserve	1,263,223	1,841,658
Profit and loss account	(20,373)	(503,615)
	2,368,852	2,464,045

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PAUL HARDING LIMITED

REGISTERED NUMBER: 02295935

BALANCE SHEET (CONTINUED)

AS AT 28 FEBRUARY 2026

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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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 profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 July 2026.

___________________________

P M Harding

Director

The notes on pages 5 to 9 form part of these financial statements.

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PAUL HARDING LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 28 FEBRUARY 2026

	Called up share capital	Share premium account	Fair value reserve	Profit and loss account	Total equity
	£	£	£	£	£
At 1 March 2025	2,002	1,124,000	1,841,658	(503,615)	2,464,045
Comprehensive income for the year
Profit for the year	-	-	-	483,242	483,242
Other comprehensive income for the year	-	-	-	-	-
Total comprehensive income for the year	-	-	-	483,242	483,242
Contributions by and distributions to owners
Transfer between other reserves	-	-	(578,435)	-	(578,435)
Total transactions with owners	-	-	(578,435)	-	(578,435)
At 28 February 2026	2,002	1,124,000	1,263,223	(20,373)	2,368,852

The notes on pages 5 to 9 form part of these financial statements.

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PAUL HARDING LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 28 FEBRUARY 2025

	Called up share capital	Share premium account	Fair value reserve	Profit and loss account	Total equity
	£	£	£	£	£
At 1 March 2024	2,002	1,124,000	1,845,009	(291,959)	2,679,052
Comprehensive income for the year
Loss for the year	-	-	-	(215,007)	(215,007)
Surplus on revaluation of other fixed assets	-	-	-	3,351	3,351
Other comprehensive income for the year	-	-	-	3,351	3,351
Total comprehensive income for the year	-	-	-	(211,656)	(211,656)
Contributions by and distributions to owners
Transfer between other reserves	-	-	(3,351)	-	(3,351)
Total transactions with owners	-	-	(3,351)	-	(3,351)
At 28 February 2025	2,002	1,124,000	1,841,658	(503,615)	2,464,045

The notes on pages 5 to 9 form part of these financial statements.

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PAUL HARDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

1.	General information

Paul Harding Limited is a private company limited by shares and incorporated in England. Its registered office and company number can be found on the company information page.

2.Accounting policies

2.1

Basis of preparation

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain assets, and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The accounts have been prepared on the going concern basis.

2.2

Turnover

Turnover represents the fair value of the amounts recievable in respect of the letting of investment properties.

2.3

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deffered tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2.4

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.5

Investment property

Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties are measured at each balance sheet date by the directors at fair value. Gains and losses arising from changes in the fair value of investment properties are included in the profit and loss account.

2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.7

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.

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PAUL HARDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

2.Accounting policies (continued)

2.7

Tangible fixed assets (continued)

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.

The estimated useful lives range as follows:

				Fixtures and fittings	-	5	years
				Computer equipment	-	3	years

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.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9

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.

2.10

Provisions

Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, its is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Wages and salaries	111,258	99,833
Social security costs	3,881	4,523
	115,139	104,356

The average monthly number of employees, including directors, during the year was 3 (2025 - 3).

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PAUL HARDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

4.	Tangible fixed assets

		Plant and machinery
		£
	Cost or valuation
	At 1 March 2025	41,488
	Additions	4,368
	At 28 February 2026	45,856
	Depreciation
	At 1 March 2025	40,661
	Charge for the year on owned assets	1,869
	At 28 February 2026	42,530
	Net book value
	At 28 February 2026	3,326
	At 28 February 2025	826

5.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 March 2025	1,504
	Disposals	(500)
	At 28 February 2026	1,004

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PAUL HARDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

6.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 March 2025	2,925,000
	Disposals	(950,000)
	At 28 February 2026	1,975,000

	Comprising
	Cost	411,536
	Annual revaluation surplus/(deficit):
	2026	1,563,464
	At 28 February 2026	1,975,000

The 2026 valuations were made by the directors, on an open market value basis.

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PAUL HARDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

Debtors

					2026	2025
					£	£


Trade debtors	442	491
Prepayments and accrued income	904	1,283
	1,346	1,774

8.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Trade creditors	4,009	24,541
Amounts owed to group undertakings	4	4
Other taxation and social security	-	1,369
Other creditors	40,980	11,586
Accruals and deferred income	1,888	1,192
	46,881	38,692

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