Registered number: 00493809 | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
Prepared By: | ||||||||
NB Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
P. Hayward & Son Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
R J Bales-McNeill | ||||||||
REGISTERED OFFICE | ||||||||
Cumbria | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 00493809 | ||||||||
ACCOUNTANTS | ||||||||
NB Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
P. Hayward & Son Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/03/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
P. Hayward & Son Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
993,438 | 1,144,719 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT ASSETS | 1,020,252 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 | |||||||||
Profit and loss account | 2,116,702 | 2,106,811 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
P. Hayward & Son Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Land And Buildings | straight line 2% | |||||||
Plant and Machinery | reducing balance 25% | |||||||
Fixtures and Fittings | reducing balance 15% | |||||||
Motor Vehicles | reducing balance 25% |
1c. Investment Properties | ||||||||
Investment properties are included in the financial statements at fair value. No depreciation is provided on such property. |
1d. 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. |
1e. Government Grants | ||||||||
Government grants offering immediiate financial support in relation to Covid-19 are recognised in profit and loss in the year in which they are received. |
P. Hayward & Son Limited | ||||||||
2. TANGIBLE FIXED ASSETS | ||||||||||||||
Investment | Land And | Plant and | Fixtures | |||||||||||
Properties | Buildings | Machinery | and Fittings | Office Equipment | Motor Vehicles | Total | ||||||||
£ | £ | £ | £ | £ | £ | £ | ||||||||
Cost | ||||||||||||||
At 01/04/2022 | 829,600 | 355,734 | 51,990 | 29,297 | 23,796 | 5,750 | 1,296,167 | |||||||
Additions | - | 145,763 | - | - | - | - | 145,763 | |||||||
At 31/03/2023 | 829,600 | 501,497 | 51,990 | 29,297 | 23,796 | 5,750 | 1,441,930 | |||||||
Depreciation | ||||||||||||||
At 01/04/2022 | - | 93,910 | 44,300 | 22,619 | 23,796 | 4,983 | 189,608 | |||||||
For the year | - | 7,115 | 1,922 | 1,002 | - | 192 | 10,231 | |||||||
At 31/03/2023 | - | 101,025 | 46,222 | 23,621 | 23,796 | 5,175 | 199,839 | |||||||
Net Book Amounts | ||||||||||||||
At 31/03/2023 | 829,600 | 400,472 | 5,768 | 5,676 | - | 575 | 1,242,091 | |||||||
At 31/03/2022 | 829,600 | 261,824 | 7,690 | 6,678 | - | 767 | 1,106,559 | |||||||
Investment property was valued on an open market basis on 31 March 2023 by a director. | ||||||||||||||
3. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Other debtors | 445 | 445 | ||||||
445 | 445 | |||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 23,486 | 48,412 | ||||||
VAT | 3,499 | 3,132 | ||||||
Directors current account | 55,190 | 67,085 | ||||||
Trade creditors | 184 | 678 | ||||||
Accruals and deferred income | 16,468 | 5,160 | ||||||
98,827 | 124,467 | |||||||
P. Hayward & Son Limited | ||||||||
5. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
6. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
20000 | 20000 | |||||||
20,000 | 20,000 | |||||||
7. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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8. ADDITIONAL INFORMATION | ||||||||
The company is a private company, limited by shares and registered in England & Wales. | ||||||||
The company's registered number is 00493809. | ||||||||
The company's registered office is Whinney Fell, Forest Head, Brampton, Cumbria, CA8 1LX. |