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REGISTERED NUMBER: 03092367 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

HOUND WOOD MANAGEMENT LIMITED

HOUND WOOD MANAGEMENT LIMITED (REGISTERED NUMBER: 03092367)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

HOUND WOOD MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: W G Sleeman
J D Sleeman
Ms L Sleeman





SECRETARY: W G Sleeman





REGISTERED OFFICE: Braishfield House
Braishfield Road
Braishfield
Romsey
Hampshire
SO51 0PR





REGISTERED NUMBER: 03092367 (England and Wales)





ACCOUNTANTS: Rothmans LLP
Avebury House
St Peter Street
Winchester
Hampshire
SO23 8BN

HOUND WOOD MANAGEMENT LIMITED (REGISTERED NUMBER: 03092367)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 386,904 387,998

CURRENT ASSETS
Debtors 5 1,494 4,722
Cash at bank 84 -
1,578 4,722
CREDITORS
Amounts falling due within one year 6 40,794 42,537
NET CURRENT LIABILITIES (39,216 ) (37,815 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

347,688

350,183

CAPITAL AND RESERVES
Called up share capital 464,500 464,500
Retained earnings (116,812 ) (114,317 )
SHAREHOLDERS' FUNDS 347,688 350,183

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

HOUND WOOD MANAGEMENT LIMITED (REGISTERED NUMBER: 03092367)

BALANCE SHEET - continued
31 MARCH 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 Board of Directors and authorised for issue on 27 November 2023 and were signed on its behalf by:





W G Sleeman - Director


HOUND WOOD MANAGEMENT LIMITED (REGISTERED NUMBER: 03092367)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Hound Wood Management Limited 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 the amount derived from the ordinary activities of the business and is stated after trade discounts, other sales taxes and net of value added tax.

Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, depreciation is provided on the following basis:

Land and buildings - 20% on cost and 5% on cost
Plant & machinery - 20% on cost

No depreciation is provided in respect of freehold land.

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement.

Financial instruments
Basic financial instruments are initially measured at the transaction price, unless the arrangement constitutes a financing transaction, when it is measured at the present value of the future repayments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

HOUND WOOD MANAGEMENT LIMITED (REGISTERED NUMBER: 03092367)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022
and 31 March 2023 408,201 1,500 409,701
DEPRECIATION
At 1 April 2022 20,203 1,500 21,703
Charge for year 1,094 - 1,094
At 31 March 2023 21,297 1,500 22,797
NET BOOK VALUE
At 31 March 2023 386,904 - 386,904
At 31 March 2022 387,998 - 387,998

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,494 4,722

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 3,736
Taxation and social security 1,849 -
Other creditors 38,945 38,801
40,794 42,537

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
W G Sleeman
Balance outstanding at start of year (37,000 ) (5,000 )
Amounts advanced - 9,000
Amounts repaid - (41,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (37,000 ) (37,000 )

HOUND WOOD MANAGEMENT LIMITED (REGISTERED NUMBER: 03092367)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

The loan from the director to the company is interest free and repayable on demand.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
HOUND WOOD MANAGEMENT LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hound Wood Management Limited for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Hound Wood Management Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hound Wood Management Limited and state those matters that we have agreed to state to the Board of Directors of Hound Wood Management Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hound Wood Management Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hound Wood Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Hound Wood Management Limited. You consider that Hound Wood Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hound Wood Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Rothmans LLP
Avebury House
St Peter Street
Winchester
Hampshire
SO23 8BN


27 November 2023