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REGISTERED NUMBER: 04663045







Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Hamilton Stone Design (Haywards Heath)
Limited

Hamilton Stone Design (Haywards Heath)
Limited (Registered number: 04663045)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Hamilton Stone Design (Haywards Heath)
Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: A L Homer
Mrs C Homer





SECRETARY: Mrs C Homer





REGISTERED OFFICE: Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST





REGISTERED NUMBER: 04663045





ACCOUNTANTS: Stanley Joseph Limited
Chartered Accountants
Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST

Hamilton Stone Design (Haywards Heath)
Limited (Registered number: 04663045)

Statement of Financial Position
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 93,323 116,412

CURRENT ASSETS
Stocks 39,048 3,500
Debtors 5 14,941 65,518
Cash at bank 310,751 303,384
364,740 372,402
CREDITORS
Amounts falling due within one year 6 179,405 195,105
NET CURRENT ASSETS 185,335 177,297
TOTAL ASSETS LESS CURRENT
LIABILITIES

278,658

293,709

CREDITORS
Amounts falling due after more than one
year

7

(42,083

)

(67,333

)

PROVISIONS FOR LIABILITIES (11,462 ) (15,023 )
NET ASSETS 225,113 211,353

Hamilton Stone Design (Haywards Heath)
Limited (Registered number: 04663045)

Statement of Financial Position - continued
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 224,113 210,353
SHAREHOLDERS' FUNDS 225,113 211,353

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.

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:





A L Homer - Director


Hamilton Stone Design (Haywards Heath)
Limited (Registered number: 04663045)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Hamilton Stone Design (Haywards Heath) Limited is a private company, limited by shares , registered in Not specified/Other. 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 represents the amounts receivable, excluding VAT and trade discounts, by the company for goods and services provided during the year. All transactions arose in the United Kingdom.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% 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 statement of financial position date.


Hamilton Stone Design (Haywards Heath)
Limited (Registered number: 04663045)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 9 ) .

Hamilton Stone Design (Haywards Heath)
Limited (Registered number: 04663045)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022 141,850 136,201 13,418 291,469
Additions - - 3,752 3,752
Disposals - (15,491 ) - (15,491 )
At 31 March 2023 141,850 120,710 17,170 279,730
DEPRECIATION
At 1 April 2022 82,627 81,645 10,785 175,057
Charge for year 8,883 14,478 896 24,257
Eliminated on disposal - (12,907 ) - (12,907 )
At 31 March 2023 91,510 83,216 11,681 186,407
NET BOOK VALUE
At 31 March 2023 50,340 37,494 5,489 93,323
At 31 March 2022 59,223 54,556 2,633 116,412

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 13,345 40,609
Other debtors 196 -
Deposit paid 1,400 1,400
Directors' current accounts - 23,509
14,941 65,518

Hamilton Stone Design (Haywards Heath)
Limited (Registered number: 04663045)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 25,250 25,250
Trade creditors 86,863 77,299
Credit card 10,515 971
Tax 23,497 46,803
Social security and other taxes 6,023 6,689
VAT 24,251 37,877
Other creditors 133 216
Directors' current accounts 2,873 -
179,405 195,105

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans - 2-5 years 42,083 67,333

Hamilton Stone Design (Haywards Heath)
Limited (Registered number: 04663045)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. RELATED PARTY DISCLOSURES

Mr A L Homer
Director 2023 2022

Dividends paid 18,000 88,000

Capital introduced 13,192 -

Capital withdrawn - 11,272

At the year end,The company owed the director - £1,437 (2022 the director owed the company £11,755).

Mrs C Homer
Director 2023 2022

Dividends paid 112,000 88,000

Capital introduced 13,190 -

Capital withdrawn - 15,407

At the year end,the company owed the director - £1,436 (2022 the director owed the company £11,754).

9. ULTIMATE CONTROLLING PARTY

The controlling party is A L Homer.