COMPANY REGISTRATION NUMBER:
11397979
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Hadleywood Investment Limited |
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Filleted Unaudited Financial Statements |
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Hadleywood Investment Limited |
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Statement of Financial Position |
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29 December 2025
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29 Dec 25 |
29 Jun 24 |
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|
(restated) |
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Note |
£ |
£ |
|
|
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Current assets
|
Stocks |
2,750,000 |
3,504,399 |
|
Debtors |
4 |
364,773 |
90,269 |
|
Cash at bank and in hand |
1 |
1 |
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------------ |
------------ |
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3,114,774 |
3,594,669 |
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|
|
|
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Creditors: amounts falling due within one year |
5 |
1,719,128 |
2,595,283 |
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------------ |
------------ |
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Net current assets |
1,395,646 |
999,386 |
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------------ |
--------- |
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Total assets less current liabilities |
1,395,646 |
999,386 |
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|
|
|
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Creditors: amounts falling due after more than one year |
6 |
2,309,965 |
1,270,193 |
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------------ |
------------ |
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Net liabilities |
(
914,319) |
(
270,807) |
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------------ |
------------ |
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Capital and reserves
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Called up share capital |
1 |
1 |
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Profit and loss account |
(
914,320) |
(
270,808) |
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--------- |
--------- |
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Shareholder deficit |
(
914,319) |
(
270,807) |
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--------- |
--------- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 29 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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Hadleywood Investment Limited |
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Statement of Financial Position (continued) |
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29 December 2025
These financial statements were approved by the
board of directors
and authorised for issue on
12 August 2026
, and are signed on behalf of the board by:
Company registration number:
11397979
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Hadleywood Investment Limited |
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Notes to the Financial Statements |
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Period from 30 June 2024 to 29 December 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Flat 148, Princess Park Manor, Royal Drive, N11 3FQ, England.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
Debtors
|
29 Dec 25 |
29 Jun 24 |
|
|
(restated) |
|
£ |
£ |
|
Other debtors |
364,773 |
90,269 |
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--------- |
-------- |
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|
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5.
Creditors:
amounts falling due within one year
|
29 Dec 25 |
29 Jun 24 |
|
|
(restated) |
|
£ |
£ |
|
Trade creditors |
5,570 |
1,151 |
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Other creditors |
1,713,558 |
2,594,132 |
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------------ |
------------ |
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1,719,128 |
2,595,283 |
|
------------ |
------------ |
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|
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6.
Creditors:
amounts falling due after more than one year
|
29 Dec 25 |
29 Jun 24 |
|
|
(restated) |
|
£ |
£ |
|
Bank loans and overdrafts |
2,309,965 |
1,270,193 |
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------------ |
------------ |
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7.
Related party transactions
The company has had a loan of £1,541,935 from Liv International Property Developments and Refurbishments Ltd. The loan is interest free and repayable on demand. Mr M Ofori is the director of both companies.