REGISTERED NUMBER: 07769423 (England and Wales)

HCRD Limited

Financial Statements for the Year Ended 31st March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

H C R Downes

REGISTERED OFFICE:

The Engine House

77 Station Road

Petersfield

Hampshire

GU32 3FQ

REGISTERED NUMBER:

07769423 (England and Wales)

ACCOUNTANTS:

Sheen Stickland

Chartered Accountants

The Engine House

77 Station Road

Petersfield

Hampshire

GU32 3FQ

FIXED ASSETS

Tangible assets

4

956

1,771

Investments

5

-

272

Investment property

6

795,000

1,026,000

795,956

1,028,043

CURRENT ASSETS

Debtors

7

5,429

556

Cash at bank

719

12,606

6,148

13,162

CREDITORS

Amounts falling due within one year

8

227,961

256,962

NET CURRENT LIABILITIES

(221,813

)

(243,800

)

TOTAL ASSETS LESS CURRENT LIABILITIES

574,143

784,243

PROVISIONS FOR LIABILITIES

19,357

86,342

NET ASSETS

554,786

697,901

CAPITAL AND RESERVES

Called up share capital

1

1

Revaluation reserve

9

144,247

308,467

Retained earnings

410,538

389,433

SHAREHOLDERS' FUNDS

554,786

697,901

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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.

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 22nd October 2026 and were signed by:

H C R Downes - Director

1.	STATUTORY INFORMATION

HCRD 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.

Plant and machinery

-

33% on cost

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Transfer to revaluation reserve

Gains or losses on fair value of investment property have been transferred from retained earnings to a specific non-distributable reserve; a revaluation reserve. Similarly all deferred tax relating to these fair value movements have been transferred to the same reserve.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1st April 2025

and 31st March 2026

920

2,447

3,367

DEPRECIATION

At 1st April 2025

920

676

1,596

Charge for year

-

815

815

At 31st March 2026

920

1,491

2,411

NET BOOK VALUE

At 31st March 2026

-

956

956

At 31st March 2025

-

1,771

1,771

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2026

2025

£

£

Brought forward

272

263

Additions

-

9

Disposals

(272

)

-

-

272

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2025

1,026,000

Revaluations

(231,000

)

At 31st March 2026

795,000

NET BOOK VALUE

At 31st March 2026

795,000

At 31st March 2025

1,026,000

Fair value at 31st March 2026 is represented by:

£

Valuation in 2026

163,365

Cost

631,635

795,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2026

2025

£

£

Cost

631,635

631,635

The investment properties were valued on an open market basis on 31st March 2026 by the director .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

5,429

556

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

-

4,309

Other creditors

227,961

252,653

227,961

256,962

9.

RESERVES

Revaluation

reserve

£

At 1st April 2025

308,467

Non-distributable profits

(164,220

)

At 31st March 2026

144,247