Company No: 08805141 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Mr James Denning

REGISTERED OFFICE	264 Banbury Road
	Oxford
	OX2 7DY
	United Kingdom

COMPANY NUMBER

08805141 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	264 Banbury Road
	Oxford
	OX2 7DY
	United Kingdom

	Note	2026		2025
		£		£
Fixed assets
Investment property	4	1,874,100		1,874,100
Investments	5	1		1
		1,874,101		1,874,101
Current assets
Debtors	6	2,420		2,420
Cash at bank and in hand		7,852		2,173
		10,272		4,593
Creditors: amounts falling due within one year	7	( 61,529)		( 103,474)
Net current liabilities		(51,257)		(98,881)
Total assets less current liabilities		1,822,844		1,775,220
Creditors: amounts falling due after more than one year	8	( 928,769)		( 920,834)
Provision for liabilities		( 139,950)		( 139,950)
Net assets		754,125		714,436
Capital and reserves
Called-up share capital	9	100		100
Revaluation reserve		612,937		612,937
Profit and loss account		141,088		101,399
Total shareholders' funds		754,125		714,436

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Hussey Estates Limited (registered number: 08805141) were approved and authorised for issue by the Director on 09 September 2026. They were signed on its behalf by:

Mr James Denning Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Hussey Estates Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 264 Banbury Road, Oxford, OX2 7DY, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents amounts receivable for rentals.

Taxation

Current tax
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.

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.

Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

2. Critical accounting judgements and key sources of estimation uncertainty

The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed within the individual accounting policies above.

3. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

4. Investment property

	Investment property
	£
Valuation
As at 01 April 2025	1,874,100
As at 31 March 2026	1,874,100

Valuation

The carrying value of the investment properties held by the company have been reviewed by the director during the year with reference to open market values who considers that the fair values at the balance sheet date are consistent with the amount stated in the accounts.

5. Fixed asset investments

	2026		2025
	£		£
Subsidiary undertakings	1		1

6. Debtors

	2026		2025
	£		£
Other debtors	2,420		2,420

7. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	9,426		12,914
Trade creditors	1,410		2,791
Taxation and social security	9,310		11,649
Other creditors	41,383		76,120
	61,529		103,474

8. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	376,200		401,303
Other creditors	552,569		519,531
	928,769		920,834

Included within creditors falling due after more than one year is a loan of £552,570 (2025: £519,531) owed to an entity controlled by a director. The loan is secured by fixed and floating charges over the company’s investment properties.

9. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
255 A ordinary shares of £ 0.10 each	25.50		25.50
250 B ordinary shares of £ 0.10 each	25.00		25.00
165 C ordinary shares of £ 0.10 each	16.50		16.50
165 D ordinary shares of £ 0.10 each	16.50		16.50
165 E ordinary shares of £ 0.10 each	16.50		16.50
	100.00		100.00

10. Related party transactions

At the year end, the company owed an entity controlled by the director £552,570 (2025: £519,532). No interest has been charged on this amount and there is no fixed date for repayment other than not be called upon without at least one year's notice.