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Registered number: 00669632

A Hinsley Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2022

Prepared By:
Somersby Consulting Limited
Unit 2 Sherbrook Enterprise
100 Sherbrook Road
Daybrook
Nottingham
NG5 6AB

A Hinsley Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2022
DIRECTORS
R A Hinsley
C M Herbert
V M Widdowson
REGISTERED OFFICE
26 Dovecote Lane
Beeston
Nottingham
NG9 1HU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 00669632
ACCOUNTANTS
Somersby Consulting Limited
Unit 2 Sherbrook Enterprise
100 Sherbrook Road
Daybrook
Nottingham
NG5 6AB

A Hinsley Limited

ACCOUNTS
FOR THEYEARENDED31/03/2022
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

A Hinsley Limited

BALANCE SHEET AT 31/03/2022
20222021
Notes££
FIXED ASSETS
Tangible assets3251,051220,195
CURRENT ASSETS
Stock852,604679,439
Debtors514,218500
Cash at bank and in hand58,69998,042
925,521777,981
CREDITORS: Amounts falling due within one year6261,93643,864
NET CURRENT ASSETS663,585734,117
TOTAL ASSETS LESS CURRENT LIABILITIES914,636954,312
CREDITORS: Amounts falling due after more than one year733,33343,333
PROVISIONS FOR LIABILITIES AND CHARGES21,10013,338
NET ASSETS860,203897,641
CAPITAL AND RESERVES
Called up share capital810,00010,000
Profit and loss account850,203887,641
SHAREHOLDERS' FUNDS860,203897,641
For the year ending 31/03/2022 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 04/07/2022 and signed on their behalf by
.............................
R A Hinsley
Director

A Hinsley Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2022
1. ACCOUNTING POLICIES
1a. General Information
A. Hinsley Limited is a private company, limited by shares and registered in England. The registered office address is stated on page 1 of the accounts. The company's principal activity is that of builders and property developers.
1b. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
1c. Revenue Recognition
Turnover is measured at a fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:
Sale of properties: Turnover from the sale of properties is recognised when the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually when contracts have been exchanged.
Supply of services: Turnover from the supply of building services is recognised on completion of the task. When completion of the task can be reliabliy measured, the entity will recognise both the income and expenditure.
1d. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Fixtures and Fittingsreducing balance 25%
1e. Investment Properties
Investment properties are included in the financial statements at open market value. Gains are recognised in the statement of comprehensive income through other operating income.

A Hinsley Limited

1f. Stocks
Stocks are stated at the lower of cost and net realisable value being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1g. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1h. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1i. Government Grants
Grants of a revenue nature are recognised in other operating income within profit or loss in the same period as the related expenditure. This includes the Government Coronavirus Job Retention Scheme (Furlough).
1j. Borrowings
Interest bearing borrowings are initially recorded at fair value, net of transaction costs. Interest bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge of the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the cost effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

A Hinsley Limited

2. EMPLOYEES
20222021
No.No.
Average number of employees44
3. TANGIBLE FIXED ASSETS
Plant andFixtures
Machineryand FittingsTotal
£££
Cost
At 01/04/20211,7221,9993,721
Additions1,206-1,206
At 31/03/20222,9281,9994,927
Depreciation
At 01/04/20211,6021,9243,526
For the year33119350
At 31/03/20221,9331,9433,876
Net Book Amounts
At 31/03/2022995561,051
At 31/03/202112075195
4. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/04/2021220,000220,000
Additions30,00030,000
At 31/03/2022250,000250,000
The methods and significant assumptions used to ascertain the fair value of £250,000 (cost: £140,000) is as follows:
A professional valuation has previously been carried out on a Market Value basis, and in the opinion of the director Mr R A Hinsley, given his expertise and knowledge of the property market, this valuation still applies.

A Hinsley Limited

5. DEBTORS 20222021
££
Amounts falling due within one year
UK corporation tax7,316-
Prepayments6,902500
14,218500
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20222021
££
UK corporation tax-2,761
VAT4,8641,574
PAYE control4,0724,967
Directors current account9,6179,560
Barclays drawdown loan210,956-
Loans10,0006,667
Trade creditors17,97614,182
Other creditors4,4514,153
261,93643,864
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20222021
££
Bank loans (unsecured) >1yr33,33343,333
33,33343,333
8. SHARE CAPITAL 20222021
££
Allotted, issued and fully paid:
10000 Ordinary shares of £1 each1000010000
10,00010,000

A Hinsley Limited

9. RELATED PARTY TRANSACTIONS
During the year a loan existed, made to the company by both Mr R A Hinsley and Ms V M Widdowson, both directors of the company. The amount owed to the directors at the balance sheet date were as follows:
Mr R A Hinsley - £177 (2021 - £120).
Ms V M Widdowson - £9,440 (2021 - £9,440).