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REGISTERED NUMBER: 09785502 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31st January 2023

for

Hayhurst Holdings Limited

Hayhurst Holdings Limited (Registered number: 09785502)






Contents of the Financial Statements
for the year ended 31st January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hayhurst Holdings Limited

Company Information
for the year ended 31st January 2023







DIRECTOR: Mr W A Hayhurst





SECRETARY: Mrs S Hayhurst





REGISTERED OFFICE: Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE





REGISTERED NUMBER: 09785502 (England and Wales)





ACCOUNTANTS: Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE

Hayhurst Holdings Limited (Registered number: 09785502)

Balance Sheet
31st January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 883,321 570,333
Investments 5 140,100 661,629
1,023,421 1,231,962

CURRENT ASSETS
Debtors 6 - 70,000
Cash at bank 4,726 1,129
4,726 71,129
CREDITORS
Amounts falling due within one year 7 389,575 600,777
NET CURRENT LIABILITIES (384,849 ) (529,648 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

638,572

702,314

CREDITORS
Amounts falling due after more than one
year

8

143,924

178,961
NET ASSETS 494,648 523,353

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 494,548 523,253
SHAREHOLDERS' FUNDS 494,648 523,353

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Hayhurst Holdings Limited (Registered number: 09785502)

Balance Sheet - continued
31st January 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3rd October 2023 and were signed by:





Mr W A Hayhurst - Director


Hayhurst Holdings Limited (Registered number: 09785502)

Notes to the Financial Statements
for the year ended 31st January 2023

1. STATUTORY INFORMATION

Hayhurst Holdings 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 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.
Land and buildings - 2% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Hayhurst Holdings Limited (Registered number: 09785502)

Notes to the Financial Statements - continued
for the year ended 31st January 2023

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1st February 2022 611,302
Additions 331,807
At 31st January 2023 943,109
DEPRECIATION
At 1st February 2022 40,969
Charge for year 18,819
At 31st January 2023 59,788
NET BOOK VALUE
At 31st January 2023 883,321
At 31st January 2022 570,333

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1st February 2022 90,100 571,529 661,629
Additions - 122,844 122,844
Disposals - (599,937 ) (599,937 )
Revaluations - (44,436 ) (44,436 )
At 31st January 2023 90,100 50,000 140,100
NET BOOK VALUE
At 31st January 2023 90,100 50,000 140,100
At 31st January 2022 90,100 571,529 661,629

Cost or valuation at 31st January 2023 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Cost 90,100 50,000 140,100

The shares in group undertakings relate to MarMab Wealth Management Limited and Two10 Investment Services Limited which are 100% owned subsidiaries of the company.

At the end of its latest financial year (31 January 2022), MarMab Wealth Management Limited had aggregate capital and reserves of £936 (2021 - £52,170).

At the end of its latest financial year (31 December 2022), Two10 Investment Investment Services Limited had aggregate capital and reserves of £96,954 (2021 - £83,851)

Hayhurst Holdings Limited (Registered number: 09785502)

Notes to the Financial Statements - continued
for the year ended 31st January 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 70,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 28,200 20,640
Taxation and social security 8,777 11,866
Other creditors 352,598 568,271
389,575 600,777

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 143,924 178,961

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 172,124 199,601

The bank loan is secured by a charge over the company's land and buildings and by a fixed and floating charge over its assets.

10. RELATED PARTY DISCLOSURES

The director is also a director of Validus Wealth Management Limited.

As at 31 January 2023, the company owed Validus Wealth Management Limited £351,009 (2022 - £566,709). No interest was charged on the loan (2022 - nil). During the year £0 was written off the loan (2022 - £367,000).

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr W A Hayhurst.