IRIS Accounts Production v23.3.0.418 00438926 Board of Directors Board of Directors 1.2.22 31.1.23 31.1.23 true false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure004389262022-01-31004389262023-01-31004389262022-02-012023-01-31004389262021-01-31004389262021-02-012022-01-31004389262022-01-3100438926ns16:EnglandWales2022-02-012023-01-3100438926ns15:PoundSterling2022-02-012023-01-3100438926ns11:Director12022-02-012023-01-3100438926ns11:Director22022-02-012023-01-3100438926ns11:PrivateLimitedCompanyLtd2022-02-012023-01-3100438926ns11:SmallEntities2022-02-012023-01-3100438926ns11:AuditExempt-NoAccountantsReport2022-02-012023-01-3100438926ns11:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3100438926ns11:SmallCompaniesRegimeForAccounts2022-02-012023-01-3100438926ns11:FullAccounts2022-02-012023-01-310043892612022-02-012023-01-3100438926ns11:Director32022-02-012023-01-3100438926ns11:CompanySecretary12022-02-012023-01-3100438926ns11:RegisteredOffice2022-02-012023-01-3100438926ns6:CurrentFinancialInstruments2023-01-3100438926ns6:CurrentFinancialInstruments2022-01-3100438926ns6:Non-currentFinancialInstruments2023-01-3100438926ns6:Non-currentFinancialInstruments2022-01-3100438926ns6:ShareCapital2023-01-3100438926ns6:ShareCapital2022-01-3100438926ns6:RevaluationReserve2023-01-3100438926ns6:RevaluationReserve2022-01-3100438926ns6:CapitalRedemptionReserve2023-01-3100438926ns6:CapitalRedemptionReserve2022-01-3100438926ns6:RetainedEarningsAccumulatedLosses2023-01-3100438926ns6:RetainedEarningsAccumulatedLosses2022-01-3100438926ns6:LandBuildings2022-02-012023-01-3100438926ns6:PlantMachinery2022-02-012023-01-3100438926ns6:IntangibleAssetsOtherThanGoodwill2022-01-3100438926ns6:IntangibleAssetsOtherThanGoodwill2023-01-3100438926ns6:IntangibleAssetsOtherThanGoodwill2022-01-3100438926ns6:LandBuildings2022-01-3100438926ns6:PlantMachinery2022-01-3100438926ns6:LandBuildings2023-01-3100438926ns6:PlantMachinery2023-01-3100438926ns6:LandBuildings2022-01-3100438926ns6:PlantMachinery2022-01-3100438926ns6:CostValuation2022-01-3100438926ns6:DisposalsRepaymentsInvestments2023-01-3100438926ns6:CostValuation2023-01-3100438926ns6:WithinOneYearns6:CurrentFinancialInstruments2023-01-3100438926ns6:WithinOneYearns6:CurrentFinancialInstruments2022-01-3100438926ns6:Secured2023-01-3100438926ns6:Secured2022-01-3100438926ns6:RetainedEarningsAccumulatedLosses2022-01-3100438926ns6:RevaluationReserve2022-01-3100438926ns6:CapitalRedemptionReserve2022-01-3100438926ns6:RetainedEarningsAccumulatedLosses2022-02-012023-01-3100438926ns11:Director112022-01-3100438926ns11:Director112021-01-3100438926ns11:Director112022-02-012023-01-3100438926ns11:Director112021-02-012022-01-3100438926ns11:Director112023-01-3100438926ns11:Director112022-01-31004389262ns11:Director22022-01-31004389262ns11:Director22021-01-31004389262ns11:Director22022-02-012023-01-31004389262ns11:Director22021-02-012022-01-31004389262ns11:Director22023-01-31004389262ns11:Director22022-01-31
REGISTERED NUMBER: 00438926 (England and Wales)















FRED HARTLEY (ESTATES) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023






FRED HARTLEY (ESTATES) LIMITED (REGISTERED NUMBER: 00438926)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 7


FRED HARTLEY (ESTATES) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: C F Hartley
S D Hartley
O J Hartley





SECRETARY: C F Hartley





REGISTERED OFFICE: Inglethorpe Manor
Church Road
Emneth
Wisbech
Cambridgeshire
PE14 8AF





REGISTERED NUMBER: 00438926 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
Enterprise Way
Pinchbeck
Spalding
Lincolnshire
PE11 3YR

FRED HARTLEY (ESTATES) LIMITED (REGISTERED NUMBER: 00438926)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 4,191,062 4,238,278
Investments 6 2 59,174
4,191,064 4,297,452

CURRENT ASSETS
Valuation 165,449 224,619
Debtors 7 1,215,806 1,257,118
Cash at bank and in hand 325,305 652,354
1,706,560 2,134,091
CREDITORS
Amounts falling due within one year 8 224,465 437,441
NET CURRENT ASSETS 1,482,095 1,696,650
TOTAL ASSETS LESS CURRENT LIABILITIES 5,673,159 5,994,102

CREDITORS
Amounts falling due after more than one year 9 (30,240 ) (40,493 )

PROVISIONS FOR LIABILITIES (263,660 ) (263,660 )

ACCRUALS AND DEFERRED INCOME (5,796 ) (8,694 )
NET ASSETS 5,373,463 5,681,255

CAPITAL AND RESERVES
Called up share capital 11 181,616 181,616
Revaluation reserve 12 418,562 418,562
Capital redemption reserve 12 266,384 266,384
Retained earnings 12 4,506,901 4,814,693
5,373,463 5,681,255

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

FRED HARTLEY (ESTATES) LIMITED (REGISTERED NUMBER: 00438926)

STATEMENT OF FINANCIAL POSITION - continued
31 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 and authorised for issue by the Board of Directors and authorised for issue on 27 September 2023 and were signed on its behalf by:




S D Hartley - Director



O J Hartley - Director


FRED HARTLEY (ESTATES) LIMITED (REGISTERED NUMBER: 00438926)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

Fred Hartley (Estates) 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.

Turnover
Turnover represents net invoiced sales of produce, renewable energy and work done excluding value added tax. Sales of produce are recognised upon despatch. Revenue from work done is recognised on the day of completion of the work.

The single payment is recognised in the financial statements in accordance with H M Revenue & Customs guidance.

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
Plant and machinery etc - 33% on reducing balance, 25% on reducing balance, 15% on reducing balance, 10% on cost and 3 - 6 years straight line

Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

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

Stocks
Valuation are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 4 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 February 2022
and 31 January 2023 54,300
AMORTISATION
At 1 February 2022
and 31 January 2023 54,300
NET BOOK VALUE
At 31 January 2023 -
At 31 January 2022 -

FRED HARTLEY (ESTATES) LIMITED (REGISTERED NUMBER: 00438926)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 February 2022 4,408,229 640,592 5,048,821
Disposals - (75,082 ) (75,082 )
At 31 January 2023 4,408,229 565,510 4,973,739
DEPRECIATION
At 1 February 2022 306,595 503,948 810,543
Charge for year 9,963 25,820 35,783
Eliminated on disposal - (63,649 ) (63,649 )
At 31 January 2023 316,558 466,119 782,677
NET BOOK VALUE
At 31 January 2023 4,091,671 99,391 4,191,062
At 31 January 2022 4,101,634 136,644 4,238,278

Included in cost or valuation of land and buildings is freehold land of £ 3,851,377 (2022 - £ 3,851,377 ) which is not depreciated.

Cost or valuation at 31 January 2023 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2004 706,939 - 706,939
Valuation in 2018 1,112,486 - 1,112,486
Cost 2,588,804 565,510 3,154,314
4,408,229 565,510 4,973,739

If land and buildings had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 2,588,804 2,588,804
Aggregate depreciation 316,558 306,595


FRED HARTLEY (ESTATES) LIMITED (REGISTERED NUMBER: 00438926)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

6. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 February 2022 2 59,172 59,174
Disposals - (59,172 ) (59,172 )
At 31 January 2023 2 - 2
NET BOOK VALUE
At 31 January 2023 2 - 2
At 31 January 2022 2 59,172 59,174

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 17,298 154,586
Other debtors 1,198,508 1,102,532
1,215,806 1,257,118

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,760 9,507
Hire purchase contracts - 3,500
Payments on account - 111,421
Trade creditors 68,140 117,136
Amounts owed to group undertakings 2 2
Taxation and social security 1,153 127,671
Other creditors 145,410 68,204
224,465 437,441

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 30,240 40,493

Amounts falling due in more than five years:

Repayable by instalments
Bank loans - 885

10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 40,000 50,000
Hire purchase contracts - 3,500
40,000 53,500

FRED HARTLEY (ESTATES) LIMITED (REGISTERED NUMBER: 00438926)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid
Number: Class: Nominal 2021 2020
value: £ £

31,616 A ordinary £1 31,616 31,616
60,000 B ordinary £1 60,000 60,000
60,000 C ordinary £1 60,000 60,000
30,000 D ordinary £1 30,000 30,000
181,616 181,616




12. RESERVES
Capital
Retained Revaluation redemption
earnings reserve reserve Totals
£    £    £    £   

At 1 February 2022 4,814,693 418,562 266,384 5,499,639
Deficit for the year (217,392 ) (217,392 )
Dividends (90,400 ) (90,400 )
At 31 January 2023 4,506,901 418,562 266,384 5,191,847

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2023 and 31 January 2022:

2023 2022
£    £   
S D Hartley
Balance outstanding at start of year 68,021 46,542
Amounts advanced 54,502 46,679
Amounts repaid (45,208 ) (25,200 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 77,315 68,021

O J Hartley
Balance outstanding at start of year 46,971 -
Amounts advanced 49,490 72,171
Amounts repaid (45,288 ) (25,200 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 51,173 46,971