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Company Registration No. 01035510 (England and Wales)
Herd Construction (Herts) Limited Unaudited accounts for the year ended 31 March 2023
Herd Construction (Herts) Limited Unaudited accounts Contents
Page
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Herd Construction (Herts) Limited Company Information for the year ended 31 March 2023
Directors
David Turner James Wedge Roy Glossop
Secretary
David Turner
Company Number
01035510 (England and Wales)
Registered Office
Unit 11 Worton Court Worton Hall Ind Estate, Worton Road Isleworth Middlesex TW7 6ER UK
Accountants
CP Finance Unit 11, Worton Court, Worton Hall Estate, Worton Road Isleworth Middlesex TW7 6ER
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Herd Construction (Herts) Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
238,550 
238,550 
Investments
95 
95 
238,645 
238,645 
Current assets
Debtors
36,052 
26,999 
Cash at bank and in hand
589,228 
645,549 
625,280 
672,548 
Creditors: amounts falling due within one year
(28,800)
(98,430)
Net current assets
596,480 
574,118 
Net assets
835,125 
812,763 
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
834,825 
812,463 
Shareholders' funds
835,125 
812,763 
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2023 and were signed on its behalf by
David Turner Director Company Registration No. 01035510
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Herd Construction (Herts) Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Herd Construction (Herts) Limited is a private company, limited by shares, registered in England and Wales, registration number 01035510. The registered office is Unit 11 Worton Court, Worton Hall Ind Estate, Worton Road, Isleworth, Middlesex, TW7 6ER, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at cost.
4
Investment property
2023 
£ 
Fair value at 1 April 2022
238,550 
At 31 March 2023
238,550 
Investment properties are included at cost. The directors believe £2,000,000 is a reasonable estimate of the current market value of the properties subject to existing tenancies.
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2022
95 
Valuation at 31 March 2023
95 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
25,749 
25,800 
Other debtors
10,303 
1,199 
36,052 
26,999 
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Herd Construction (Herts) Limited Notes to the Accounts for the year ended 31 March 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,540 
1,578 
Trade creditors
1,292 
- 
Taxes and social security
24,011 
43,788 
Other creditors
- 
49,814 
Accruals
1,957 
3,250 
28,800 
98,430 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
300 Ordinary shares of £1 each
300 
300 
9
Transactions with related parties
The company was owed £11,153 (2022 : owed £11,153) by Wedge Homes Ltd at the year end. Wedge Homes Ltd provides building services to some of the rented properties when required. The company owed £nil (2022 : £38,661) to Wedge Investments Ltd at the year end. Wedge Investments Ltd pays expenses on behalf of the company which are reimbursed.
10
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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