REGISTERED NUMBER: 10926228 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

HO PROPERTY LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr H Ovaisi

REGISTERED OFFICE:

Unit 3-4

Daltongate Business Centre

Ulverston

Cumbria

LA12 7AJ

REGISTERED NUMBER:

10926228 (England and Wales)

BANKERS:

Barclays Bank

63/67 Terminus Road

Eastbourne

BN21 3NE

FIXED ASSETS

Investments

4

575,000

-

Investment property

5

410,059

410,059

985,059

410,059

CURRENT ASSETS

Debtors

79,196

100,347

Cash at bank

2,439

1,693

81,635

102,040

CREDITORS

Amounts falling due within one year

959,450

394,269

NET CURRENT LIABILITIES

(877,815

)

(292,229

)

TOTAL ASSETS LESS CURRENT LIABILITIES

107,244

117,830

CREDITORS

Amounts falling due after more than one year

40,275

62,658

NET ASSETS

66,969

55,172

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

66,869

55,072

SHAREHOLDERS' FUNDS

66,969

55,172

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 October 2026 and were signed by:

Mr H Ovaisi - Director

1.	STATUTORY INFORMATION

HO Property 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.

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.

The financial statements have been prepared on the going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

All of the company's investment properties are held for long-term investment and are included in the Balance Sheet at cost which is a departure from Financial Reporting Standard 102.

Depreciation is not provided in respect of investment properties.

Rental income

Rents received are calculated on the accruals basis, net of VAT.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

Additions

575,000

At 31 January 2026

575,000

NET BOOK VALUE

At 31 January 2026

575,000

5.	INVESTMENT PROPERTY

Total

£

COST

At 1 February 2025

and 31 January 2026

410,059

NET BOOK VALUE

At 31 January 2026

410,059

At 31 January 2025

410,059

All of the company's investment properties are held for long-term investment and are included in the Balance Sheet at cost which is a departure from Financial Reporting Standard 102.

Depreciation is not provided in respect of investment properties.

6.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

£

Other loan

61,511

81,545

A legal mortgage with WPA Trustees Ltd is held over the freehold property.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

100

Ordinary

£1

100

100

8.	RELATED PARTY DISCLOSURES

During the year HO Property 2 Ltd, a company controlled by Mr H Ovaisi, loaned the company £23,859 (2025: £23,859)

During the year HO Property 3 Ltd, a company controlled by Mr H Ovaisi, loaned the company £232,199 (2025: £137,366)

During the year HO Property 6 Ltd, a company controlled by Mr H Ovaisi, loaned the company £15,000 (2025: £15,000)

During the year SO Legal Ltd, a company controlled by Mr H Ovaisi, loaned the company £7,718 (2025: £9,433 owed to the company)

During the year the company loaned HOHO Properties Ltd, a company controlled by Mr H Ovaisi £79,196 (2025: £90,914)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr H Ovaisi.