2022-06-012023-05-312023-05-31false11989035HALLY DESIGNS LIMITED2023-10-1047910iso4217:GBPxbrli:pure119890352022-06-01119890352023-05-31119890352022-06-012023-05-31119890352021-06-01119890352022-05-31119890352021-06-012022-05-3111989035bus:SmallEntities2022-06-012023-05-3111989035bus:AuditExempt-NoAccountantsReport2022-06-012023-05-3111989035bus:AbridgedAccounts2022-06-012023-05-3111989035bus:PrivateLimitedCompanyLtd2022-06-012023-05-3111989035core:WithinOneYear2023-05-3111989035core:AfterOneYear2023-05-3111989035core:WithinOneYear2022-05-3111989035core:AfterOneYear2022-05-3111989035core:ShareCapital2023-05-3111989035core:SharePremium2023-05-3111989035core:RevaluationReserve2023-05-3111989035core:OtherReservesSubtotal2023-05-3111989035core:RetainedEarningsAccumulatedLosses2023-05-3111989035core:ShareCapital2022-05-3111989035core:SharePremium2022-05-3111989035core:RevaluationReserve2022-05-3111989035core:OtherReservesSubtotal2022-05-3111989035core:RetainedEarningsAccumulatedLosses2022-05-3111989035core:LandBuildings2023-05-3111989035core:PlantMachinery2023-05-3111989035core:Vehicles2023-05-3111989035core:FurnitureFittings2023-05-3111989035core:OfficeEquipment2023-05-3111989035core:NetGoodwill2023-05-3111989035core:IntangibleAssetsOtherThanGoodwill2023-05-3111989035core:ListedExchangeTraded2023-05-3111989035core:UnlistedNon-exchangeTraded2023-05-3111989035core:LandBuildings2022-05-3111989035core:PlantMachinery2022-05-3111989035core:Vehicles2022-05-3111989035core:FurnitureFittings2022-05-3111989035core:OfficeEquipment2022-05-3111989035core:NetGoodwill2022-05-3111989035core:IntangibleAssetsOtherThanGoodwill2022-05-3111989035core:ListedExchangeTraded2022-05-3111989035core:UnlistedNon-exchangeTraded2022-05-3111989035core:LandBuildings2022-06-012023-05-3111989035core:PlantMachinery2022-06-012023-05-3111989035core:Vehicles2022-06-012023-05-3111989035core:FurnitureFittings2022-06-012023-05-3111989035core:OfficeEquipment2022-06-012023-05-3111989035core:NetGoodwill2022-06-012023-05-3111989035core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3111989035core:ListedExchangeTraded2022-06-012023-05-3111989035core:UnlistedNon-exchangeTraded2022-06-012023-05-3111989035core:MoreThanFiveYears2022-06-012023-05-3111989035core:Non-currentFinancialInstruments2023-05-3111989035core:Non-currentFinancialInstruments2022-05-3111989035dpl:CostSales2022-06-012023-05-3111989035dpl:DistributionCosts2022-06-012023-05-3111989035core:LandBuildings2022-06-012023-05-3111989035core:PlantMachinery2022-06-012023-05-3111989035core:Vehicles2022-06-012023-05-3111989035core:FurnitureFittings2022-06-012023-05-3111989035core:OfficeEquipment2022-06-012023-05-3111989035dpl:AdministrativeExpenses2022-06-012023-05-3111989035core:NetGoodwill2022-06-012023-05-3111989035core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3111989035dpl:GroupUndertakings2022-06-012023-05-3111989035dpl:ParticipatingInterests2022-06-012023-05-3111989035dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3111989035core:ListedExchangeTraded2022-06-012023-05-3111989035dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3111989035core:UnlistedNon-exchangeTraded2022-06-012023-05-3111989035dpl:CostSales2021-06-012022-05-3111989035dpl:DistributionCosts2021-06-012022-05-3111989035core:LandBuildings2021-06-012022-05-3111989035core:PlantMachinery2021-06-012022-05-3111989035core:Vehicles2021-06-012022-05-3111989035core:FurnitureFittings2021-06-012022-05-3111989035core:OfficeEquipment2021-06-012022-05-3111989035dpl:AdministrativeExpenses2021-06-012022-05-3111989035core:NetGoodwill2021-06-012022-05-3111989035core:IntangibleAssetsOtherThanGoodwill2021-06-012022-05-3111989035dpl:GroupUndertakings2021-06-012022-05-3111989035dpl:ParticipatingInterests2021-06-012022-05-3111989035dpl:GroupUndertakingscore:ListedExchangeTraded2021-06-012022-05-3111989035core:ListedExchangeTraded2021-06-012022-05-3111989035dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-06-012022-05-3111989035core:UnlistedNon-exchangeTraded2021-06-012022-05-3111989035core:NetGoodwill2023-05-3111989035core:IntangibleAssetsOtherThanGoodwill2023-05-3111989035core:LandBuildings2023-05-3111989035core:PlantMachinery2023-05-3111989035core:Vehicles2023-05-3111989035core:FurnitureFittings2023-05-3111989035core:OfficeEquipment2023-05-3111989035core:AfterOneYear2023-05-3111989035core:WithinOneYear2023-05-3111989035core:ListedExchangeTraded2023-05-3111989035core:UnlistedNon-exchangeTraded2023-05-3111989035core:ShareCapital2023-05-3111989035core:SharePremium2023-05-3111989035core:RevaluationReserve2023-05-3111989035core:OtherReservesSubtotal2023-05-3111989035core:RetainedEarningsAccumulatedLosses2023-05-3111989035core:NetGoodwill2022-05-3111989035core:IntangibleAssetsOtherThanGoodwill2022-05-3111989035core:LandBuildings2022-05-3111989035core:PlantMachinery2022-05-3111989035core:Vehicles2022-05-3111989035core:FurnitureFittings2022-05-3111989035core:OfficeEquipment2022-05-3111989035core:AfterOneYear2022-05-3111989035core:WithinOneYear2022-05-3111989035core:ListedExchangeTraded2022-05-3111989035core:UnlistedNon-exchangeTraded2022-05-3111989035core:ShareCapital2022-05-3111989035core:SharePremium2022-05-3111989035core:RevaluationReserve2022-05-3111989035core:OtherReservesSubtotal2022-05-3111989035core:RetainedEarningsAccumulatedLosses2022-05-3111989035core:NetGoodwill2021-06-0111989035core:IntangibleAssetsOtherThanGoodwill2021-06-0111989035core:LandBuildings2021-06-0111989035core:PlantMachinery2021-06-0111989035core:Vehicles2021-06-0111989035core:FurnitureFittings2021-06-0111989035core:OfficeEquipment2021-06-0111989035core:AfterOneYear2021-06-0111989035core:WithinOneYear2021-06-0111989035core:ListedExchangeTraded2021-06-0111989035core:UnlistedNon-exchangeTraded2021-06-0111989035core:ShareCapital2021-06-0111989035core:SharePremium2021-06-0111989035core:RevaluationReserve2021-06-0111989035core:OtherReservesSubtotal2021-06-0111989035core:RetainedEarningsAccumulatedLosses2021-06-0111989035core:AfterOneYear2022-06-012023-05-3111989035core:WithinOneYear2022-06-012023-05-3111989035core:Non-currentFinancialInstrumentscore:CostValuation2022-06-012023-05-3111989035core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-06-012023-05-3111989035core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-06-012023-05-3111989035core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-06-012023-05-3111989035core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-06-012023-05-3111989035core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-06-012023-05-3111989035core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3111989035core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3111989035core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3111989035core:Non-currentFinancialInstrumentscore:CostValuation2023-05-3111989035core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-3111989035core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-3111989035core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-3111989035core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-3111989035core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-3111989035core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-3111989035core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-3111989035core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-3111989035core:Non-currentFinancialInstrumentscore:CostValuation2022-05-3111989035core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-05-3111989035core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-05-3111989035core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-05-3111989035core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-05-3111989035core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-05-3111989035core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-05-3111989035core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-05-3111989035core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-05-3111989035bus:Director12022-06-012023-05-3111989035bus:Director22022-06-012023-05-31

HALLY DESIGNS LIMITED

Registered Number
11989035
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2023

HALLY DESIGNS LIMITED
Company Information
for the year from 1 June 2022 to 31 May 2023

Directors

HALL, G
HALL, L

Registered Address

58 Cedars Green
Gateshead
NE9 6QE

Registered Number

11989035 (England and Wales)
HALLY DESIGNS LIMITED
Balance Sheet as at
31 May 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets531,80037,100
Tangible assets63271,562
32,12738,662
Current assets
Stocks3642,195
Cash at bank and on hand1,1006,771
1,4648,966
Creditors amounts falling due within one year(18,383)(27,283)
Net current assets (liabilities)(16,919)(18,317)
Total assets less current liabilities15,20820,345
Creditors amounts falling due after one year(1,000)-
Net assets14,20820,345
Capital and reserves
Called up share capital11
Profit and loss account14,20720,344
Shareholders' funds14,20820,345
The financial statements were approved and authorised for issue by the Board of Directors on 10 October 2023, and are signed on its behalf by:
HALL, L
Director
Registered Company No. 11989035
HALLY DESIGNS LIMITED
Notes to the Financial Statements
for the year ended 31 May 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery3
Fixtures and fittings3
Office Equipment3
Intangible assets policy
Intangible assets are capitalised and amortised over their useful life of 10 years.
Stocks policy
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year22
5.Intangible assets

Total

£
Cost or valuation
At 01 June 2253,000
At 31 May 2353,000
Amortisation and impairment
At 01 June 2215,900
Charge for year5,300
At 31 May 2321,200
Net book value
At 31 May 2331,800
At 31 May 2237,100
6.Property, plant and equipment

Total

£
Cost or valuation
At 01 June 227,980
Disposals(4,273)
At 31 May 233,707
Depreciation and impairment
At 01 June 226,418
Charge for year1,235
On disposals(4,273)
At 31 May 233,380
Net book value
At 31 May 23327
At 31 May 221,562