REGISTERED NUMBER: 03372024 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

HILLBOROUGH PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms D M Bull

Mr R Grant

Mr I N Smith

REGISTERED OFFICE:

23 St Leonards Road

Bexhill-on-Sea

East Sussex

TN40 1HH

REGISTERED NUMBER:

03372024 (England and Wales)

AUDITORS:

Galloways Accounting (Audit) Limited

Statutory Auditors

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Tangible assets

5

1,088,318

1,118,369

CURRENT ASSETS

Stocks

111,541

45,456

Debtors

6

2,108,285

1,601,867

Cash at bank and in hand

70,523

35,924

2,290,349

1,683,247

CREDITORS

Amounts falling due within one year

7

(806,216

)

(675,374

)

NET CURRENT ASSETS

1,484,133

1,007,873

TOTAL ASSETS LESS CURRENT LIABILITIES

2,572,451

2,126,242

CREDITORS

Amounts falling due after more than one year

8

-

(2,347

)

PROVISIONS FOR LIABILITIES

(24,575

)

(31,418

)

NET ASSETS

2,547,876

2,092,477

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

2,546,876

2,091,477

2,547,876

2,092,477

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2026 and were signed on its behalf by:

Ms D M Bull - Director

1.	STATUTORY INFORMATION

Hillborough Properties 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.

Turnover

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

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

15% reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2025 - 11 ) .

4.	AUDITORS' REMUNERATION

2026

2025

£

£

Fees payable to the company's auditors for the audit of the company's financial statements

7,500

9,500

Total audit fees

7,500

9,500

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 February 2025

1,151,850

275,436

1,427,286

Disposals

-

(13,500

)

(13,500

)

At 31 January 2026

1,151,850

261,936

1,413,786

DEPRECIATION

At 1 February 2025

159,153

149,764

308,917

Charge for year

2,680

17,761

20,441

Eliminated on disposal

-

(3,890

)

(3,890

)

At 31 January 2026

161,833

163,635

325,468

NET BOOK VALUE

At 31 January 2026

990,017

98,301

1,088,318

At 31 January 2025

992,697

125,672

1,118,369

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

325,520

280,345

Amounts owed by group undertakings

1,569,221

1,186,660

Other debtors

213,544

134,862

2,108,285

1,601,867

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

2,347

2,347

Trade creditors

51,370

49,393

Amounts owed to group undertakings

126,382

33,770

Taxation and social security

129,329

129,347

Other creditors

496,788

460,517

806,216

675,374

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

-

2,347

9.	SECURED DEBTS

The company has granted a security in favour of Together Commercial Finance Ltd as part of a group-wide financing arrangement.

The security consists of a fixed and floating charge over the assets of the company.

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Finch FCA FCCA BFP (Senior Statutory Auditor)

for and on behalf of Galloways Accounting (Audit) Limited

11.	PARENT COMPANY

The company's immediate parent undertaking is New Romney Holiday Park Ltd. The parent of the smallest and largest group for which group financial statements are prepared is Hop Farm Real Estate Ltd. The registered office of both companies is 23 St Leonards Road, Bexhill-on-Sea, East Sussex, TN40 1HH.