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Handsworth Developments Limited
Registered Number:10586919
For the year ended 31 March 2022
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2022
Handsworth Developments Limited
Contents Page
1
Statement of Financial Position
2
Notes to the Financial Statements
3
Registered Number :
10586919
As at 31 March 2022
Handsworth Developments Limited
Statement of Financial Position
£
£
2021
2022
Notes
Current assets
Inventories
3,229,420
3,728,674
2
-
Cash and cash equivalents
12
3,728,686
3,229,420
Trade and other payables: amounts falling due within one year
(1,383,176)
(1,995,432)
3
1,846,244
1,733,254
Net current assets
Total assets less current liabilities
1,733,254
1,846,244
Trade and other payables: amounts falling due after more than one year
(1,852,737)
(1,857,337)
4
(124,083)
Net liabilities
(6,493)
Capital and reserves
Called up share capital
2
2
Retained earnings
(124,085)
(6,495)
(124,083)
(6,493)
Shareholders' funds
For the year ended 31 March 2022 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 of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Kevin Inger Director
These financial statements were approved and authorised for issue by the Board on 14 November 2023 and were signed by:
The notes form part of these financial statements
1 of 2
4
For the year ended 31 March 2022
Handsworth Developments Limited
Notes to the Financial Statements
Statutory Information
Handsworth Developments Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
10586919.
Registered address:
24-26 Mansfield Road
Rotherham
S60 2DT
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The
Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
2. Inventories
2021
2022
£
£
Stocks
3,728,674
3,229,420
3. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Bank loans and overdraft
-
208
Trade creditors
91,058
91,058
Other creditors
1,904,374
1,291,910
1,995,432
1,383,176
4. Trade and other payables: amounts falling due after more than one year
2021
2022
£
£
Bank loans and overdraft
1,852,737
1,852,737
Other creditors
4,600
-
1,857,337
1,852,737
5. Average number of persons employed
During the year the average number of employees was 0
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