REGISTERED NUMBER: 00442374 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

H. MORRELL PROPERTY INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms H E Matthews

A Morrell

E Newby-Robson

J P Smith

A Hall

REGISTERED OFFICE:

92 Dover Road

Aldersbrook

London

E12 5ED

REGISTERED NUMBER:

00442374 (England and Wales)

ACCOUNTANTS:

Lovetts Accountants Limited

Bridge House

25 Fiddlebridge Lane

Hatfield

Hertfordshire

AL10 0SP

FIXED ASSETS

Property, plant and equipment

4

489

964

Investment property

5

13,097,000

11,225,000

13,097,489

11,225,964

CURRENT ASSETS

Debtors

6

21,088

132,133

Cash at bank

358,705

351,216

379,793

483,349

CREDITORS

Amounts falling due within one year

7

128,205

109,058

NET CURRENT ASSETS

251,588

374,291

TOTAL ASSETS LESS CURRENT LIABILITIES

13,349,077

11,600,255

CREDITORS

Amounts falling due after more than one year

8

(615,624

)

-

PROVISIONS FOR LIABILITIES

(1,443,200

)

(1,154,487

)

NET ASSETS

11,290,253

10,445,768

CAPITAL AND RESERVES

Called up share capital

11,000

11,000

Share premium

200

200

Revaluation reserve

9

8,699,144

7,973,645

Sinking fund

17,255

17,255

Retained earnings

2,562,654

2,443,668

11,290,253

10,445,768

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 11 November 2025 and were signed on its behalf by:

E Newby-Robson - Director

1.	STATUTORY INFORMATION

H. Morrell Property Investments 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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 October 2024

and 30 September 2025

4,872

1,439

6,311

DEPRECIATION

At 1 October 2024

4,872

475

5,347

Charge for year

-

475

475

At 30 September 2025

4,872

950

5,822

NET BOOK VALUE

At 30 September 2025

-

489

489

At 30 September 2024

-

964

964

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

11,225,000

Additions

857,788

Revaluations

1,014,212

At 30 September 2025

13,097,000

NET BOOK VALUE

At 30 September 2025

13,097,000

At 30 September 2024

11,225,000

Fair value at 30 September 2025 is represented by:

£

Valuation in 2013

3,648,646

Valuation in 2014

1,130,000

Valuation in 2015

1,860,000

Valuation in 2017

550,000

Valuation in 2018

(70,000

)

Valuation in 2020

7,893

Valuation in 2021

1,149,632

Valuation in 2025

1,872,000

Cost

2,948,829

13,097,000

The investment properties were valued by the directors on 30 September 2025 at open market value, based on advice from professional valuers and local firms of estate agents.

Full provision has been made for the tax liability, which would have arisen had the properties been disposed of at the balance sheet date at their stated values, by making a deferred tax provision which has been accounted for in the revaluation reserve.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Other debtors

21,088

132,133

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts

18,372

-

Trade creditors

204

-

Taxation and social security

85,516

89,419

Other creditors

24,113

19,639

128,205

109,058

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans

615,624

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

528,644

-

9.

RESERVES

Revaluation

reserve

£

At 1 October 2024

7,973,645

Unrealised gain on revaluation of investment properties

1,014,212

Deferred tax movement

(288,713

)

At 30 September 2025

8,699,144