Registration number: 00479671

Hanby Estates Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Hanby Estates Ltd

Company Information

Directors

R A Burridge V J Sleaford

Registered office

L&C Farming Co Ltd Authorpe Grange Authorpe Louth Lincolnshire LN11 8PD

Hanby Estates Ltd

(Registration number: 00479671)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	-	770,032
Investment property	5	-	1,220,500
		-	1,990,532
Current assets
Stocks	6	-	6,000
Debtors	7	3,600	492,036
Cash at bank and in hand		-	7,748
		3,600	505,784
Creditors: Amounts falling due within one year	8	-	(62,296)
Net current assets		3,600	443,488
Total assets less current liabilities		3,600	2,434,020
Creditors: Amounts falling due after more than one year	8	-	(76,063)
Provisions for liabilities		-	(188,257)
Net assets		3,600	2,169,700
Capital and reserves
Called up share capital	9	3,600	3,600
Other reserves		-	786,283
Retained earnings		-	1,379,817
Shareholders' funds		3,600	2,169,700

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 August 2026 and signed on its behalf by:
 

......................................... R A Burridge Director

Hanby Estates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The Company is a private company limited by share capital, incorporated in England and Wales and the company registration number is 00479671.

The address of its registered office is:
L&C Farming Co Ltd
Authorpe Grange
Authorpe
Louth
Lincolnshire
LN11 8PD

These financial statements cover the individual entity Hanby Estates Ltd.

These financial statements were authorised for issue by the Board on 13 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Going concern

All the assets have now been hived up to L & C Farming Company Limited. The directors will look to strike off the company following the year end.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Hanby Estates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial
statements of current and previous periods. It is recognised in respect of all timing differences, with certain
exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements.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 balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using rates and allowances that apply to the sale of the asset.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold land	Not depreciated
Freehold buildings	15% reducing balance
General machinery	15% reducing balance
Sawmill machinery	15% reducing balance
Motor vehicles	25% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Dividends

Dividend distributions to the company’s shareholders are recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Hanby Estates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 2 (2024 - 3).

4	Tangible assets

	Land and buildings £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 January 2025	599,209	55,088	166,509	820,806
Additions	-	-	61,690	61,690
Disposals	(599,209)	(55,088)	(228,199)	(882,496)
At 31 December 2025	-	-	-	-
Depreciation
At 1 January 2025	-	13,280	37,494	50,774
Charge for the year	-	-	7,290	7,290
Eliminated on disposal	-	(13,280)	(44,784)	(58,064)
At 31 December 2025	-	-	-	-
Carrying amount
At 31 December 2025	-	-	-	-
At 31 December 2024	599,209	41,808	129,015	770,032

Included within the net book value of land and buildings above is £Nil (2024 - £599,209) in respect of freehold land and buildings.
 

5	Investment properties

	2025 £
At 1 January	1,220,500
Disposals	(1,220,500)
At 31 December	-

The investment property was revalued by the directors in 2024.

Hanby Estates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6

Stocks

	2025 £	2024 £
Other inventories	-	6,000

7

Debtors

Current	2025 £	2024 £
Trade debtors	-	71,495
Prepayments	-	16,665
Other debtors	3,600	403,876
	3,600	492,036

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Hire purchase liabilities	-	32,504
Trade creditors	-	4,763
Taxation and social security	-	4,699
Accruals and deferred income	-	18,484
Other creditors	-	1,846
	-	62,296

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	10	-	76,063

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	1,800	1,800	1,800	1,800
Non-voting shares of £1 each	1,800	1,800	1,800	1,800
	3,600	3,600	3,600	3,600

Hanby Estates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

10	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Hire purchase liabilities	-	76,063

Included within non-current loans and borrowings are hire purchase liabilities totalling £- (2024: £76,063) secured on the assets acquired.

Current loans and borrowings

	2025 £	2024 £
Hire purchase liabilities	-	32,504
Other borrowings	-	1,754
	-	34,258

Included within current loans and borrowings are hire purchase liabilities totalling £NIL (2024: £32,504) secured on the assets acquired.

11	Related party transactions

Transactions with Directors

2025	At 1 January 2025 £	Repayments by Director £	At 31 December 2025 £
R A Burridge
Directors loan account	1,754	(1,754)	-

2024	At 1 January 2024 £	Repayments by Director £	At 31 December 2024 £
R A Burridge
Directors loan account	(18,255)	20,009	1,754

A rate of interest of 2.5% has been paid throughout the year on the overdrawn loan account balance.