REGISTERED NUMBER: 11679160 (England and Wales)

Unaudited Financial Statements

for the Period 1st December 2024 to 31st March 2026

for

Maxwell Hope Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M A J Hope

REGISTERED OFFICE:

Hope Chapel House

Hope Chapel Hill

Clifton

Bristol

BS8 4ND

REGISTERED NUMBER:

11679160 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Tangible assets

4

8,750

-

Investments

5

812

-

Investment property

6

4,602,375

1,105,000

4,611,937

1,105,000

CURRENT ASSETS

Debtors

7

5,958

9,186

Cash at bank

9,457

3,635

15,415

12,821

CREDITORS

Amounts falling due within one year

8

425,506

703,874

NET CURRENT LIABILITIES

(410,091

)

(691,053

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,201,846

413,947

CREDITORS

Amounts falling due after more than one year

9

(2,654,283

)

(389,858

)

PROVISIONS FOR LIABILITIES

(33,529

)

-

NET ASSETS

1,514,034

24,089

CAPITAL AND RESERVES

Called up share capital

11

670,751

100

Share premium

12

670,651

-

Fair value reserve

12

100,586

-

Retained earnings

12

72,046

23,989

SHAREHOLDERS' FUNDS

1,514,034

24,089

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

The members have not required the company to obtain an audit of its financial statements for the period 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:

M A J Hope - Director

1.	STATUTORY INFORMATION

Maxwell Hope 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.

The financial statements are presented in Pound Sterling (£), which is the company's functional and presentation currency.

Turnover

Turnover represents rental income receivable from the letting of the company's investment property during the year. Rental income is recognised on a straight-line basis over the period of the tenancy agreements and is stated exclusive of value added tax.

All turnover arose from UK property rental activities.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

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.

Financial instruments

The company applies Section 11 "Basic Financial Instruments". Financial assets and liabilities are recognised at transaction price and subsequently measured at amortised cost.

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.

Going concern

The financial statements have been prepared on a going concern basis. The directors have considered the company’s financial position and are satisfied that it will be able to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

Additions

12,000

At 31st March 2026

12,000

DEPRECIATION

Charge for period

3,250

At 31st March 2026

3,250

NET BOOK VALUE

At 31st March 2026

8,750

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

Additions

800

Revaluations

12

At 31st March 2026

812

NET BOOK VALUE

At 31st March 2026

812

Cost or valuation at 31st March 2026 is represented by:

Other

investments

£

Valuation in 2025

12

Cost

800

812

Other investments comprise units held in a Vanguard FTSE All-World exchange traded fund (ETF) through an InvestEngine investment account. The investment is carried at fair value at the balance sheet date.

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st December 2024

1,105,000

Additions

3,372,375

Revaluations

125,000

At 31st March 2026

4,602,375

NET BOOK VALUE

At 31st March 2026

4,602,375

At 30th November 2024

1,105,000

Fair value at 31st March 2026 is represented by:

£

Valuation in 2020

137

Valuation in 2021

13,640

Valuation in 2022

(2,840

)

Valuation in 2023

(45,650

)

Valuation in 2024

43,827

Valuation in 2026

125,000

Cost

4,468,261

4,602,375

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

31.3.26

30.11.24

£

£

Cost

4,468,261

1,095,886

Investment properties were valued on an open market basis on 31st March 2026 by the directors of the company .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

30.11.24

£

£

Other debtors

1,700

-

Deferred tax asset

-

6,551

Prepayments

4,258

2,635

5,958

9,186

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

30.11.24

£

£

Bank loans and overdrafts

15,045

4,167

Other loans

69,750

343,379

Tax

8,977

-

Other creditors

5,101

-

Directors' current accounts

306,335

334,736

Deferred income

18,139

17,408

Accrued expenses

2,159

4,184

425,506

703,874

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

30.11.24

£

£

Bank loans - 1-2 years

2,257,283

389,858

Bank loans more 5 yrs non-inst

397,000

-

2,654,283

389,858

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

397,000

-

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

30.11.24

£

£

Bank Loans

2,645,282

394,025

The loans are secured against the investment properties held by the company.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

30.11.24

value:

£

£

596,968

Ordinary

£1

596,968

89

73,783

Ordinary B

£1

73,783

11

670,751

100

The following fully paid shares were allotted during the period at a premium as shown below:

596,879 Ordinary shares of £1 each at £1 per share

73,772 Ordinary B shares of £1 each at £1 per share

12.

RESERVES

Fair

Retained

Share

value

earnings

premium

reserve

Totals

£

£

£

£

At 1st December 2024

23,989

-

-

23,989

Profit for the period

151,643

151,643

Dividends

(3,000

)

(3,000

)

Cash share issue

-

670,651

-

670,651

Assets revalued in period

(100,586

)

-

100,586

-

At 31st March 2026

72,046

670,651

100,586

843,283

13.	CONTINGENT LIABILITIES

The company had no contingent liabilities at the balance sheet date.

14.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company had no capital or other financial commitments.

15.	RELATED PARTY DISCLOSURES

At the year end, the company had the following balances with related parties:

Director's loan account

The company owed £306,335 (2024: £334,736) to the director, M A J Hope. The balance is unsecured, interest-free and repayable on demand.

Balances with companies under common control

The company owed £66,750 (2024: £21,750) to Hopewell Short Lets Ltd. The balance is unsecured, interest-free and repayable on demand.

The company owed £3,000 (2024: £nil) to Airwell Ltd. The balance is unsecured, interest-free and repayable on demand.

The company owed £0 (2024: £321,630) to RGD King Limited. The balance is unsecured, and repayable on demand.

16.	POST BALANCE SHEET EVENTS

There have been no material events after the balance sheet date requiring disclosure or adjustment to the financial statements.