Registration number: 08314082

Hallett Investments Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Hallett Investments Limited

(Registration number: 08314082)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	20,292	30,224
Investment property	6	1,165,000	1,255,000
		1,185,292	1,285,224
Current assets
Debtors	7	2,269	12,610
Cash at bank and in hand		710,916	611,097
		713,185	623,707
Creditors: Amounts falling due within one year	8	(1,537,086)	(1,530,692)
Net current liabilities		(823,901)	(906,985)
Total assets less current liabilities		361,391	378,239
Creditors: Amounts falling due after more than one year	8	(16,901)	(18,079)
Provisions for liabilities		(63,728)	(68,723)
Net assets		280,762	291,437
Capital and reserves
Called up share capital	9	200	200
Revaluation reserve		315,117	331,478
Retained earnings		(34,555)	(40,241)
Shareholders' funds		280,762	291,437

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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 28 October 2026 and signed on its behalf by:
 

Hallett Investments Limited

(Registration number: 08314082)
Balance Sheet as at 31 March 2026

Mr J N Hallett Company secretary and director

Mrs S J Hallett Director

Hallett Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Parkhill Studio
Walton Road
Wetherby
West Yorkshire
LS22 5DZ
England

These financial statements were authorised for issue by the Board on 28 October 2026.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of returns, rebates and discounts and after eliminating sales within the company.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Hallett Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows:

Asset class	Depreciation method and rate
Office equipment	33% straight line
Plant and equipment	25% straight line
Motor vehicles	25% straight line

Investment property

Investment property, which is property held to earn rentals and/or capital appreciation, is intially recorded at cost, which includes purchase price and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Gains or losses arising from the changes in fair value of investment property are included in the profit and loss for the period in which they arise.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

4	Profit before tax

Arrived at after charging/(crediting)

	2026 £	2025 £
Depreciation expense	10,580	5,407

Hallett Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2025	2,625	22,294	16,188	41,107
Additions	648	-	-	648
At 31 March 2026	3,273	22,294	16,188	41,755
Depreciation
At 1 April 2025	1,779	464	8,640	10,883
Charge for the year	959	5,574	4,047	10,580
At 31 March 2026	2,738	6,038	12,687	21,463
Carrying amount
At 31 March 2026	535	16,256	3,501	20,292
At 31 March 2025	846	21,830	7,548	30,224

6	Investment properties

	2026 £
At 1 April	1,255,000
Disposals	(90,000)
At 31 March	1,165,000

The fair value of the company's investment property has been derived by the directors based on the current market prices for comparable real estate. The properties will revalued by an independent valuer at the next year end.

7

Debtors

Current	2026 £	2025 £
Prepayments	1,619	1,151
Other debtors	650	11,459
	2,269	12,610

Page 5

Hallett Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

8

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	11	1,531,598	1,522,721
Trade creditors		-	2,901
Taxation and social security		3,088	2,670
Accruals and deferred income		2,400	2,400
		1,537,086	1,530,692

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	11	16,901	18,079

9	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100
Ordinary A shares of £1 each	51	51	51	51
Ordinary B sharges of £1 each	49	49	49	49
	200	200	200	200

10

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

	Revaluation reserve £	Total £
Surplus/deficit on revaluation of other assets	(16,361)	(16,361)

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

Hallett Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

	Revaluation reserve £	Total £
Surplus/deficit on property, plant and equipment revaluation	331,478	331,478

11	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Other borrowings	16,901	18,079

Current loans and borrowings

	2026 £	2025 £
Other borrowings	1,531,598	1,522,721