REGISTERED NUMBER: 04153108 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

HALLMARK DEVELOPMENTS (NORTH WEST)

LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C D Grieves

SECRETARY:

Mrs J T Grieves

REGISTERED OFFICE:

Park House

200 Drake Street

Rochdale

Lancashire

OL16 1PJ

REGISTERED NUMBER:

04153108 (England and Wales)

ACCOUNTANTS:

TC Group

Park House

200 Drake Street

Rochdale

Lancashire

OL16 1PJ

FIXED ASSETS

Tangible assets

4

95,156

102,800

Investments

5

1

1

Investment property

6

26,830,959

29,944,593

26,926,116

30,047,394

CURRENT ASSETS

Stocks

2,000,021

2,264,368

Debtors

1,465,793

1,971,445

Cash at bank and in hand

266,194

174,462

3,732,008

4,410,275

CREDITORS

Amounts falling due within one year

3,455,669

5,019,733

NET CURRENT ASSETS/(LIABILITIES)

276,339

(609,458

)

TOTAL ASSETS LESS CURRENT LIABILITIES

27,202,455

29,437,936

CREDITORS

Amounts falling due after more than one year

(2,722,722

)

(6,918,487

)

PROVISIONS FOR LIABILITIES

(2,473,972

)

(3,011,719

)

NET ASSETS

22,005,761

19,507,730

CAPITAL AND RESERVES

Called up share capital

500

500

Capital redemption reserve

500

500

Non distributable reserves

8

7,421,917

9,035,157

Retained earnings

14,582,844

10,471,573

SHAREHOLDERS' FUNDS

22,005,761

19,507,730

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement and an abridged Balance Sheet for the year ended 31 December 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 director and authorised for issue on 28 May 2026 and were signed by:

C D Grieves - Director

1.	STATUTORY INFORMATION

Hallmark Developments (North West) 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value are transferred to a non distributable reserve.

Stocks & long term contracts

Taxation

Taxation for the year 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 or deferred taxation assets and liabilities are not discounted.

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 year 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

177,880

Additions

6,038

At 31 December 2025

183,918

DEPRECIATION

At 1 January 2025

75,080

Charge for year

13,682

At 31 December 2025

88,762

NET BOOK VALUE

At 31 December 2025

95,156

At 31 December 2024

102,800

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1 January 2025

and 31 December 2025

95,000

PROVISIONS

At 1 January 2025

and 31 December 2025

94,999

NET BOOK VALUE

At 31 December 2025

1

At 31 December 2024

1

Cost or valuation at 31 December 2025 is represented by:

Totals

£

Cost

95,000

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

29,944,593

Additions

866,327

Disposals

(6,229,250

)

Revaluations

2,249,289

At 31 December 2025

26,830,959

NET BOOK VALUE

At 31 December 2025

26,830,959

At 31 December 2024

29,944,593

Investment properties are included in the accounts at the estimated fair value.

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

2,543,567

7,933,895

Other loans

232,200

232,200

2,775,767

8,166,095

The bank loans are secured by a debenture on the assets of the company and various legal charges over the properties to which the loans relate. The other loans are secured by legal charges over the properties to which they relate..

8.

RESERVES

Non

distributabl

reserves

£

At 1 January 2025

9,035,157

Reserve transfer

(1,613,240

)

At 31 December 2025

7,421,917

9.	RELATED PARTY DISCLOSURES

Included in other creditors due after more than one year is £463,921 due to PREL Limited, a company controlled by the director.