Hagrapat Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 01049632

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		82,844
Investment Properties	5		1,858,904		1,596,857
Investments	6		83,308		93,596

			1,942,212		1,773,297
CURRENT ASSETS
Cash at bank and in hand		192,003		219,315

		192,003		219,315
Creditors: Amounts Falling Due Within One Year	7	(73,342 )		(166,227 )

NET CURRENT ASSETS (LIABILITIES)			118,661		53,088

TOTAL ASSETS LESS CURRENT LIABILITIES			2,060,873		1,826,385

PROVISIONS FOR LIABILITIES
Deferred Taxation			(127,642 )		(84,733 )

NET ASSETS			1,933,231		1,741,652

CAPITAL AND RESERVES
Called up share capital	8		100		100
Revaluation reserve	9		-		46,562
Fair value reserve	9		593,949		331,902
Profit and Loss Account			1,339,182		1,363,088

SHAREHOLDERS' FUNDS			1,933,231		1,741,652

Page 1

Page 2

Hagrapat Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Simon Hall

Director

12 November 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Hagrapat Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01049632 . The registered office is Bridges Farm, Bridges Lane, Ellerton, York, YO42 4PU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	none
Plant & Machinery	10% straight line
Motor Vehicles	25% straight line
Fixtures & Fittings	10% straight line
Computer Equipment	25% straight line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Hagrapat Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost or Valuation
As at 1 April 2024	258,656	27,700	13,937	433	300,726
Disposals	(254,156 )	(32,200 )	-	-	(286,356 )

As at 31 March 2025	4,500	(4,500 )	13,937	433	14,370

Depreciation
As at 1 April 2024	171,312	32,200	13,937	433	217,882
Disposals	(171,312 )	(32,200 )	-	-	(203,512 )

As at 31 March 2025	-	-	13,937	433	14,370

Net Book Value
As at 31 March 2025	4,500	(4,500 )	-	-	-

As at 1 April 2024	87,344	(4,500 )	-	-	82,844

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024	1,596,857
Revaluations	262,047

As at 31 March 2025	1,858,904

6. Investments

	Other
	£
Cost or Valuation
As at 1 April 2024	93,596
Disposals	(10,288 )

As at 31 March 2025	83,308

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	83,308

As at 1 April 2024	93,596

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Hagrapat Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Fixed asset investments represent the investment in Highfield Garage.

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	47,789	107,070
Corporation tax	17,394	6,936
VAT	-	657
Accruals and deferred income	1,643	1,565
Directors' loan accounts	6,516	49,999

	73,342	166,227

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

9. Reserves

	Revaluation Reserve	Fair Value Reserve
	£	£
As at 1 April 2024	46,562	331,902
Surplus on revaluation	(46,562 )	-
Movements in fair value reserve	-	262,047

As at 31 March 2025	-	593,949