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REGISTERED NUMBER: 06156534 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

HODSON HOMES (NORTH WEST) LTD

HODSON HOMES (NORTH WEST) LTD (REGISTERED NUMBER: 06156534)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HODSON HOMES (NORTH WEST) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: Mr N D Hodson





SECRETARY: Mrs K Hodson





REGISTERED OFFICE: Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH





REGISTERED NUMBER: 06156534 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

HODSON HOMES (NORTH WEST) LTD (REGISTERED NUMBER: 06156534)

BALANCE SHEET
30 JUNE 2023

30/6/23 30/6/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 841 1,122

CURRENT ASSETS
Stocks 85,000 181,599
Debtors 5 257,894 2,687
Cash at bank 1,164 17,103
344,058 201,389
CREDITORS
Amounts falling due within one year 6 341,504 244,985
NET CURRENT ASSETS/(LIABILITIES) 2,554 (43,596 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,395

(42,474

)

PROVISIONS FOR LIABILITIES 160 213
NET ASSETS/(LIABILITIES) 3,235 (42,687 )

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 3,035 (42,887 )
SHAREHOLDERS' FUNDS 3,235 (42,687 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

HODSON HOMES (NORTH WEST) LTD (REGISTERED NUMBER: 06156534)

BALANCE SHEET - continued
30 JUNE 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 10 October 2023 and were signed by:





Mr N D Hodson - Director


HODSON HOMES (NORTH WEST) LTD (REGISTERED NUMBER: 06156534)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

Hodson Homes (North West) Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

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 2 (2022 - 2 ) .

HODSON HOMES (NORTH WEST) LTD (REGISTERED NUMBER: 06156534)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 July 2022
and 30 June 2023 2,759 2,373 5,132
DEPRECIATION
At 1 July 2022 2,240 1,770 4,010
Charge for year 130 151 281
At 30 June 2023 2,370 1,921 4,291
NET BOOK VALUE
At 30 June 2023 389 452 841
At 30 June 2022 519 603 1,122

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/23 30/6/22
£    £   
Trade debtors 256,599 -
Other debtors 100 100
Tax 74 74
VAT 816 2,513
Prepayments and accrued income 305 -
257,894 2,687

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/23 30/6/22
£    £   
Trade creditors 88 4,836
Tax 3,379 -
Other creditors 333,384 214,896
Directors' current accounts 3,673 24,273
Accrued expenses 980 980
341,504 244,985

7. RELATED PARTY DISCLOSURES

During the year the company received an additional loan of £120,000 from Index Finance Limited, a company of which Mr N D Hodson is a director . At the year end the outstanding balance owing to Index Finance Limited was £332,041 (2022: £212,041).

During the year the company provided goods and services to Index Finance Limited of £256,599. At 31 March 2023 the balance owing was included in Trade Debtors

HODSON HOMES (NORTH WEST) LTD (REGISTERED NUMBER: 06156534)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr N D Hodson.