REGISTERED NUMBER: 16531964 (England and Wales)

Unaudited Financial Statements

for the Period 20th June 2025 to 30th June 2026

for

Haug Properties Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M S Amano Haug

C K Haug

REGISTERED OFFICE:

5th Floor, 36 - 38 Wigmore Street

London

United Kingdom

W1U 2BP

REGISTERED NUMBER:

16531964 (England and Wales)

ACCOUNTANTS:

Sampson Fielding Ltd

5th Floor

36-38 Wigmore Street

London

W1U 2BP

FIXED ASSETS

Tangible assets

4

10,803

Investment property

5

662,710

673,513

CURRENT ASSETS

Debtors

6

1,640

Cash at bank

7,363

9,003

CREDITORS

Amounts falling due within one year

7

194,724

NET CURRENT LIABILITIES

(185,721

)

TOTAL ASSETS LESS CURRENT LIABILITIES

487,792

CREDITORS

Amounts falling due after more than one year

8

492,929

NET LIABILITIES

(5,137

)

CAPITAL AND RESERVES

Called up share capital

10

Retained earnings

(5,147

)

(5,137

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th June 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th June 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 6th October 2026 and were signed on its behalf by:

C K Haug - Director

1.	STATUTORY INFORMATION

Haug Properties Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents rental income receivable from the property owned by the company, excluding value added tax.

Rental income from investment properties is recognised on a straight-line basis over the period of the lease or tenancy agreement to which it relates. Income is recognised when it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably.

Any rent received in advance is deferred and recognised in the profit and loss account over the period to which it relates. Rent receivable but not yet received at the reporting date is included within debtors.

Tangible fixed assets

Depreciation is provided so as to write off each asset over its estimated useful life as follows

Plant and machinery - straight line over seven years

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.

Investment property is initially recognised at its purchase price. It is subsequently measured at fair value at each reporting date, with changes in fair value recognised in profit or loss. Fair value is derived from the current market rents and investment property yields for comparable properties.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans from related parties.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

11,394

At 30th June 2026

11,394

DEPRECIATION

Charge for period

591

At 30th June 2026

591

NET BOOK VALUE

At 30th June 2026

10,803

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

662,710

At 30th June 2026

662,710

NET BOOK VALUE

At 30th June 2026

662,710

The company holds two investment properties at the year end. The purchase of the first property was concluded on 24th November 2025. The directors consider the fair value of the property at the year end to be its purchase price.

Contracts were exchanged on the second property on 19th September 2025. Completion is due to take place post period end in December 2027. The exchange of contracts is legally binding, the company has an entitlement to the property and a financial obligation to pay for it. The full cost of the property is therefore recognised at the balance sheet date, with the outstanding amount to be paid shown in other creditors.

6.

DEBTORS

£

Amounts falling due within one year:

Other debtors

105

Amounts falling due after more than one year:

Other debtors

1,535

Aggregate amounts

1,640

Other debtors, falling due after more than one year, consists of a deferred tax asset, calculated at 25% (UK rate of corporation tax) of taxable losses carried forward.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

194,724

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

201,903

Other creditors

291,026

492,929

9.	SECURED DEBTS

The following secured debts are included within creditors:

£

Bank loans

201,903

Amounts included in bank loans within non-current creditors, relate to a mortgage secured against the investment property held by the company.

10.	RELATED PARTY DISCLOSURES

At the period end, the director was owed £191,889 by the company. This loan does not bear interest and is repayable on demand.