HANCOTT HOMES LTD


Directors	HANCOTT, Claire
	HANCOTT, Simon


Registered Address	The Coach House Care Of Ewemove
	West Street
	Leighton Buzzard
	LU7 1DA


Registered Number	11946017 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Investment property	4		2,985,000		2,840,000
			2,985,000		2,840,000
Current assets
Debtors		6,256		7,200
Cash at bank and on hand		72,705		41,696
		78,961		48,896
Creditors amounts falling due within one year	5	(747,118)		(750,370)
Net current assets (liabilities)			(668,157)		(701,474)
Total assets less current liabilities			2,316,843		2,138,526
Creditors amounts falling due after one year	6		(1,907,963)		(1,654,585)
Provisions for liabilities	7		(89,411)		-
Net assets			319,469		483,941
Capital and reserves
Called up share capital			2		2
Revaluation reserve			268,232		476,693
Profit and loss account			51,235		7,246
Shareholders' funds			319,469		483,941

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 2 October 2026, and are signed on its behalf by:

HANCOTT, Claire
Director
Registered Company No. 11946017

HANCOTT HOMES LTD

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention 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).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes

	Deferred tax
	Deferred 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 that 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.

Deferred tax

Deferred 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 that 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.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	2		2

3.	Tangible fixed assets

4.	Investment property


		£
	Fair value at 01 April 25	2,840,000
	Additions	721,408
	Disposals	(575,000)
	Fair value adjustments	(1,408)
	At 31 March 26	2,985,000

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	6	1,274
Taxation and social security	9,513	-
Other creditors	736,742	748,870
Accrued liabilities and deferred income	857	226
Total	747,118	750,370

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	1,907,963	1,654,585
Total	1,907,963	1,654,585


	The mortgages of £1,907,963 are secured on the investment properties

7.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	89,411	-
Total	89,411	-

8.	Share capital
	Called up Share Capital 2

9.	Controlling party
	The ultimate controlling party is Mr and Mrs Hancott by virtue of their shareholding.