Registered number
03440789
Hill Top Service Station Limited
Filleted Accounts
30 September 2023
Hill Top Service Station Limited
Registered number: 03440789
Balance Sheet
as at 30 September 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 198,446 179,982
Investments 4 - 14,500
198,446 194,482
Current assets
Debtors 5 8,448 7,487
Cash at bank and in hand 204,040 254,397
212,488 261,884
Creditors: amounts falling due within one year 6 1,608 (7,324)
Net current assets 214,096 254,560
Total assets less current liabilities 412,542 449,042
Creditors: amounts falling due after more than one year 7 (20,966) (23,184)
Net assets 391,576 425,858
Capital and reserves
Called up share capital 105 105
Profit and loss account 391,471 425,753
Shareholder's funds 391,576 425,858
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
K Hopkins
Director
Approved by the board on 9 November 2023
Hill Top Service Station Limited
Notes to the Accounts
for the year ended 30 September 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 October 2022 219,536 59,964 279,500
Additions - 38,070 38,070
At 30 September 2023 219,536 98,034 317,570
Depreciation
At 1 October 2022 81,764 17,754 99,518
Charge for the year - 19,606 19,606
At 30 September 2023 81,764 37,360 119,124
Net book value
At 30 September 2023 137,772 60,674 198,446
At 30 September 2022 137,772 42,210 179,982
4 Investments
Other
investments
£
Cost
At 1 October 2022 14,500
Disposals (14,500)
At 30 September 2023 -
5 Debtors 2023 2022
£ £
Trade debtors 4,469 5,197
Other debtors 3,979 2,290
8,448 7,487
6 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 1,200 1,530
Taxation and social security costs (6,048) 5,794
Other creditors 3,240 -
(1,608) 7,324
7 Creditors: amounts falling due after one year 2023 2022
£ £
Obligations under finance lease and hire purchase contracts 20,966 23,184
8 Other information
Hill Top Service Station Limited is a private company limited by shares and incorporated in England. Its registered office is:
16a Suite 18
Oakham enterprise park
Rutland
LE15 7TU
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