| Ford Hall Limited |
| Registered number: |
13497537 |
| Statement of Financial Position |
| as at 31 December 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
4 |
|
|
409,677 |
|
|
409,985 |
|
| Current assets |
| Debtors |
5 |
|
1,282 |
|
|
162 |
| Cash at bank and in hand |
|
|
10,127 |
|
|
11,666 |
|
|
|
11,409 |
|
|
11,828 |
|
| Creditors: amounts falling due within one year |
6 |
|
(278,472) |
|
|
(279,033) |
|
| Net current liabilities |
|
|
|
(267,063) |
|
|
(267,205) |
|
| Total assets less current liabilities |
|
|
|
142,614 |
|
|
142,780 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(149,981) |
|
|
(156,365) |
|
| Provisions for liabilities |
|
|
|
(367) |
|
|
- |
|
|
| Net liabilities |
|
|
|
(7,734) |
|
|
(13,585) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Revaluation reserve |
8 |
|
|
(9,883) |
|
|
(11,507) |
| Profit and loss account |
|
|
|
2,147 |
|
|
(2,080) |
|
| Shareholders' funds |
|
|
|
(7,734) |
|
|
(13,585) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Julian Ford |
| Director |
| Approved by the board on 8 September 2026 |
|
| Ford Hall Limited |
| Notes to the Accounts |
| for the year ended 31 December 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.
|
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from property rental. Turnover from the rental is recognised by reference to the stage of completion of the tenancy. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
20% reducing balance |
|
|
Investments |
|
Investment property is initially measured at cost, including transaction costs, and subsequently measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss. No depreciation is provided in respect of investment property. Deferred tax is provided on fair value gains and losses at the rate expected to apply on sale of the property. |
|
|
Debtors |
|
Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
|
| 2 |
Exceptional items |
2025 |
|
2024 |
| £ |
£ |
|
|
Value adjustments on fixed assets and current asset investments |
(1,624) |
|
2,451 |
|
|
|
|
|
|
(1,624) |
|
2,451 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Employees and directors |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of directors and persons employed by the company |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
Investment property |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 January 2025 |
406,122 |
|
9,659 |
|
415,781 |
|
Fair value movements |
1,624 |
|
- |
|
1,624 |
|
At 31 December 2025 |
407,746 |
|
9,659 |
|
417,405 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2025 |
- |
|
5,796 |
|
5,796 |
|
Charge for the year |
- |
|
1,932 |
|
1,932 |
|
At 31 December 2025 |
- |
|
7,728 |
|
7,728 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2025 |
407,746 |
|
1,931 |
|
409,677 |
|
At 31 December 2024 |
406,122 |
|
3,863 |
|
409,985 |
|
|
|
|
|
|
|
|
|
|
|
Investment property: |
2025 |
|
2024 |
| £ |
£ |
|
Historical cost |
417,629 |
|
417,629 |
|
Cumulative depreciation based on historical cost |
9,883 |
|
11,507 |
|
|
|
|
|
|
407,746 |
|
406,122 |
|
|
|
|
|
|
|
|
|
|
The investment property was valued at its fair value of £407,746 as at 31 December 2025 by the directors, based on their assessment of current market conditions and comparable market evidence. |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Prepayments |
1,282 |
|
162 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
150 |
|
- |
|
Accruals |
906 |
|
1,617 |
|
Other creditors |
277,416 |
|
277,416 |
|
|
|
|
|
|
278,472 |
|
279,033 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Secured bank loans |
149,981 |
|
156,365 |
|
|
|
|
|
|
|
|
|
|
The balance due under bank loans is secured by a floating charge over the investment property owned by the company. |
|
|
| 8 |
Fair value reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 January 2025 |
(11,507) |
|
(9,056) |
|
Gain/(loss) on revaluation of land and buildings |
1,624 |
|
(2,451) |
|
|
At 31 December 2025 |
(9,883) |
|
(11,507) |
|
|
|
|
|
|
|
|
|
|
| 9 |
Other information |
|
|
Ford Hall Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
22 Leawood Road |
|
Fleet |
|
Hampshire |
|
GU51 5AL |