Company Registration No. 13008574 (England and Wales)
HAWTHORNS DEVELOPMENTS LIMITED
Unaudited accounts
for the year ended 30 November 2023
HAWTHORNS DEVELOPMENTS LIMITED
Unaudited accounts
Contents
HAWTHORNS DEVELOPMENTS LIMITED
Company Information
for the year ended 30 November 2023
Director
MEADEN, Nicholas Alexander
Company Number
13008574 (England and Wales)
Registered Office
Home Farm Cottage
Woodeaton
Oxford
OX3 9TP
Accountants
J JENKIN & ASSOCIATES LIMITED
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
HAWTHORNS DEVELOPMENTS LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
16,216
21,700
Cash at bank and in hand
18,185
3,659
Creditors: amounts falling due within one year
(23,470)
(24,526)
Net current assets
7,671
3,200
Called up share capital
1
1
Profit and loss account
23,886
24,899
Shareholders' funds
23,887
24,900
For the year ending 30 November 2023 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 January 2024 and were signed on its behalf by
MEADEN, Nicholas Alexander
Director
Company Registration No. 13008574
HAWTHORNS DEVELOPMENTS LIMITED
Notes to the Accounts
for the year ended 30 November 2023
HAWTHORNS DEVELOPMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13008574. The registered office is Home Farm Cottage, Woodeaton, Oxford, OX3 9TP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
4 years straight line
Motor vehicles
25% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
HAWTHORNS DEVELOPMENTS LIMITED
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2022
527
31,500
32,027
At 30 November 2023
527
31,500
32,027
At 1 December 2022
237
10,090
10,327
Charge for the year
131
5,353
5,484
At 30 November 2023
368
15,443
15,811
At 30 November 2023
159
16,057
16,216
At 30 November 2022
290
21,410
21,700
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
5,772
2,643
Taxes and social security
3,172
4,475
Loans from directors
22,078
13,334
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).