Hursdrex Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 00622412

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		245,151		475,188

			245,151		475,188
CURRENT ASSETS
Debtors	5	96,208		6,259
Cash at bank and in hand		66,066		3,898

		162,274		10,157
Creditors: Amounts Falling Due Within One Year	6	(3,181 )		(29,785 )

NET CURRENT ASSETS (LIABILITIES)			159,093		(19,628 )

TOTAL ASSETS LESS CURRENT LIABILITIES			404,244		455,560

Creditors: Amounts Falling Due After More Than One Year	7		-		(22,734 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(30,457 )		(39,089 )

NET ASSETS			373,787		393,737

CAPITAL AND RESERVES
Called up share capital	8		29,376		29,376
Revaluation reserve	9		129,843		166,642
Profit and Loss Account			214,568		197,719

SHAREHOLDERS' FUNDS			373,787		393,737

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Hursdrex Limited

Balance Sheet (continued)

As At 30 June 2026

For the year ending 30 June 2026 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Jason Perfitt

Director

26th October 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Hursdrex Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00622412 . The registered office is Halfacre 236 Everton Road, Hordle, Lymington, Hampshire, SO41 0HE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Not depreciated
Fixtures & Fittings	20% reducing balance

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

...CONTINUED

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Hursdrex Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2026

2.4. Taxation - continued

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Tangible Assets

	Land & Property
	Leasehold	Fixtures & Fittings	Total
	£	£	£
Cost or Valuation
As at 1 July 2025	475,000	17,682	492,682
Disposals	(230,000 )	-	(230,000 )

As at 30 June 2026	245,000	17,682	262,682

Depreciation
As at 1 July 2025	-	17,494	17,494
Provided during the period	-	37	37

As at 30 June 2026	-	17,531	17,531

Net Book Value
As at 30 June 2026	245,000	151	245,151

As at 1 July 2025	475,000	188	475,188

The investment properties were valued at £475,000 as at 1 July 2025 based on valuations previously adopted by the directors.

During the year, an investment property with a carrying value of £230,000 was disposed of, leaving a carrying value of £245,000 at 30 June 2026.

...CONTINUED

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Hursdrex Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2026

4. Tangible Assets - continued

The historical cost of the remaining investment property was £84,700 (2025: £269,269).

The cumulative revaluation surplus included within the carrying value of the remaining property amounted to £160,300 (2025: £205,731).

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	-	4,594
Other debtors	96,208	1,665

	96,208	6,259

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	-	15,979
Other creditors	3,181	12,959
Taxation and social security	-	847

	3,181	29,785

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Other creditors	-	22,734

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	29,376	29,376

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Hursdrex Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2026

9. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 July 2025	166,642	197,719
Loss for the year and total comprehensive income	-	(18,651 )

Dividends paid	-	(1,300)
Transfer to/from revaluation reserve	-	36,800
Transfer to/from Profit & Loss Account	(36,799 )	-

As at 30 June 2026	129,843	214,568

10. Investment Property
Fair Valuation at 30 June 2026 is represented by:	£
Valuation in 2015	95,300
Valuation in 2025	65,000
Cost	84,700

	245,000

If investment property had not been revalued it would have been included at the following historical cost:

	31.01.2026	31.01.2025
	£	£
Cost	84,700	84,700

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