REGISTERED NUMBER: 03200143 (England and Wales)

HENDERSON CONNELLAN LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

4,676

6,223

Investments

5

297

297

Investment property

6

2,150,000

1,640,000

2,154,973

1,646,520

CURRENT ASSETS

Debtors

179,681

117,651

Prepayments and accrued income

3,850

2,128

Cash at bank and in hand

534,239

613,575

717,770

733,354

CREDITORS

Amounts falling due within one year

484,069

490,729

NET CURRENT ASSETS

233,701

242,625

TOTAL ASSETS LESS CURRENT LIABILITIES

2,388,674

1,889,145

CREDITORS

Amounts falling due after more than one year

7

(414,784

)

(98,966

)

PROVISIONS FOR LIABILITIES

(65,976

)

(69,148

)

ACCRUALS AND DEFERRED INCOME

(2,934

)

(3,034

)

NET ASSETS

1,904,980

1,717,997

CAPITAL AND RESERVES

Called up share capital

9

202

202

Share premium

5,998

5,998

Revaluation reserve

10

333,532

339,363

Retained earnings

1,565,248

1,372,434

SHAREHOLDERS' FUNDS

1,904,980

1,717,997

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 7 November 2025 and were signed on its behalf by:

B T P Connellan - Director

Miss C Henderson - Director

1.	STATUTORY INFORMATION

Henderson Connellan Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03200143

Registered office:

3 Weekley Wood Close

Kettering

Northamptonshire

NN14 1UQ

The trading address is 15-16 Market Place, Kettering, Northants NN16 0AJ.

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.

Preparation of consolidated financial statements

The financial statements contain information about Henderson Connellan Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents amounts (excluding value added tax) derived from the provision of services to customers during the year.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investments in subsidiaries and associates

Investments in subsidiary and associate undertakings are recognised at 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.

Debtors and creditors

Debtors receivable / creditors payable within one year are measured at transaction price (less any impairment losses on debtors for bad and doubtful debts). Loans and other financial assets / liabilities are initially measured at transaction price and subsequently measured at amortised cost determined using the effective interest method (less any impairment losses on debtors) for bad and doubtful debts.

Any losses arising from impairment are recognised in the profit and loss account.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 August 2024

and 31 July 2025

22,087

DEPRECIATION

At 1 August 2024

15,864

Charge for year

1,547

At 31 July 2025

17,411

NET BOOK VALUE

At 31 July 2025

4,676

At 31 July 2024

6,223

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 August 2024

and 31 July 2025

297

NET BOOK VALUE

At 31 July 2025

297

At 31 July 2024

297

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

1,640,000

Additions

571,141

Revaluations

(61,141

)

At 31 July 2025

2,150,000

NET BOOK VALUE

At 31 July 2025

2,150,000

At 31 July 2024

1,640,000

Fair value at 31 July 2025 is represented by:

£

Valuation in 2010

107,884

Valuation in 2013

80,000

Valuation in 2015

10,000

Valuation in 2017

10,000

Valuation in 2019

(90,000

)

Valuation in 2021

160,000

Valuation in 2022

120,461

Valuation in 2023

217,212

Valuation in 2024

(208,601

)

Valuation in 2025

(61,141

)

Cost

1,804,185

2,150,000

Investment properties were valued on an open market basis on 31 July 2025 by the directors .

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable by instalments

Bank loans > 5 years (disclosure journal)

324,614

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

482,108

158,056

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary A

£1

200

200

2

Ordinary B

£1

2

2

202

202

10.

RESERVES

Revaluation

reserve

£

At 1 August 2024

339,363

Revaluation in year

(8,616

)

Deferred tax

2,785

At 31 July 2025

333,532

11.	OTHER FINANCIAL COMMITMENTS

Total financial commitments not included on the balance sheet:

2025

2024

£

£

Operating leases

28,207

30,376