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REGISTERED NUMBER: 08074798 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

HESTER DEVELOPMENTS LIMITED

HESTER DEVELOPMENTS LIMITED (REGISTERED NUMBER: 08074798)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HESTER DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: Mr R Hester





REGISTERED OFFICE: Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN





REGISTERED NUMBER: 08074798 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

HESTER DEVELOPMENTS LIMITED (REGISTERED NUMBER: 08074798)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 289
Investment property 5 - 600,000
- 600,289

CURRENT ASSETS
Cash at bank and in hand 590,541 1,039

CREDITORS
Amounts falling due within one year 6 366,269 454,475
NET CURRENT ASSETS/(LIABILITIES) 224,272 (453,436 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

224,272

146,853

CREDITORS
Amounts falling due after more than one year 7 23,448 34,160
NET ASSETS 200,824 112,693

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 200,823 112,692
SHAREHOLDERS' FUNDS 200,824 112,693

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 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.

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 1 December 2023 and were signed by:



Mr R Hester - Director


HESTER DEVELOPMENTS LIMITED (REGISTERED NUMBER: 08074798)

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

1. STATUTORY INFORMATION

Hester Developments 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 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.
Computer equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2022 3,875 1,449 5,324
Disposals (3,875 ) (1,449 ) (5,324 )
At 31 March 2023 - - -
DEPRECIATION
At 1 April 2022 3,875 1,160 5,035
Eliminated on disposal (3,875 ) (1,160 ) (5,035 )
At 31 March 2023 - - -
NET BOOK VALUE
At 31 March 2023 - - -
At 31 March 2022 - 289 289

HESTER DEVELOPMENTS LIMITED (REGISTERED NUMBER: 08074798)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022 600,000
Disposals (600,000 )
At 31 March 2023 -
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 600,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 10,719 10,000
Tax 20,928 1,280
VAT - 203
Other creditors 13,706 22,326
Directors' loan accounts 314,916 418,166
Accrued expenses 6,000 2,500
366,269 454,475

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans - 1-2 years 10,469 10,000
Bank loans - 2-5 years 12,979 24,160
23,448 34,160

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
100 Ordinary £1 1 1