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REGISTERED NUMBER: 01370732 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

FLEETWOOD-HESKETH LIMITED

FLEETWOOD-HESKETH LIMITED (REGISTERED NUMBER: 01370732)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Certified Accountants' Report 7

FLEETWOOD-HESKETH LIMITED

Company Information
for the Year Ended 31 August 2023







DIRECTORS: R E Landon
Mrs J E Landon





SECRETARY: R E Landon





REGISTERED OFFICE: 7 Sibella Road
London
SW4 6JA





REGISTERED NUMBER: 01370732 (England and Wales)





ACCOUNTANTS: A W Associates
Regus, Building 2
Guildford Business Park Road
Guildford
Surrey
GU2 8XG

FLEETWOOD-HESKETH LIMITED (REGISTERED NUMBER: 01370732)

Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,560 3,029

CURRENT ASSETS
Stocks 150,038 148,251
Debtors 5 29,233 29,075
Investments 6 101,043 128,276
Cash at bank 232 2
280,546 305,604
CREDITORS
Amounts falling due within one year 7 193,093 194,623
NET CURRENT ASSETS 87,453 110,981
TOTAL ASSETS LESS CURRENT
LIABILITIES

91,013

114,010

CREDITORS
Amounts falling due after more than
one year

8

(2,828

)

(3,997

)

PROVISIONS FOR LIABILITIES - (575 )
NET ASSETS 88,185 109,438

FLEETWOOD-HESKETH LIMITED (REGISTERED NUMBER: 01370732)

Balance Sheet - continued
31 August 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 18,051 18,051
Share premium 5,868 5,868
Retained earnings 64,266 85,519
SHAREHOLDERS' FUNDS 88,185 109,438

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 17 January 2024 and were signed on its behalf by:





Mrs J E Landon - Director


FLEETWOOD-HESKETH LIMITED (REGISTERED NUMBER: 01370732)

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

1. STATUTORY INFORMATION

Fleetwood-Hesketh 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 comprises net invoiced sales of goods, excluding value added tax, and sales of securities.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - straight line over 3 years and 25% on cost

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

FLEETWOOD-HESKETH LIMITED (REGISTERED NUMBER: 01370732)

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

2. ACCOUNTING POLICIES - continued

Cost of sales
The cost of sales includes the provision for the increase or decrease in the market value of investments held for resale.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022 15,151
Additions 1,435
Disposals (2,500 )
At 31 August 2023 14,086
DEPRECIATION
At 1 September 2022 12,122
Charge for year 904
Eliminated on disposal (2,500 )
At 31 August 2023 10,526
NET BOOK VALUE
At 31 August 2023 3,560
At 31 August 2022 3,029

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,600 -
Other debtors 26,633 29,075
29,233 29,075

FLEETWOOD-HESKETH LIMITED (REGISTERED NUMBER: 01370732)

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

6. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Listed investments 101,043 128,276

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 1,140 1,129
Taxation and social security - 2,633
Other creditors 191,953 190,861
193,093 194,623

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 2,828 3,997

9. RELATED PARTY DISCLOSURES

Loans
Other creditors include loans from the directors and the children of the directors which bear interest at variable rates. The loans are repayable on demand. Interest charged in the year ended 31 August 2023 amounts to £6,616.

Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Fleetwood-Hesketh 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 Fleetwood-Hesketh Limited for the year ended 31 August 2023 which comprise the Income Statement, Balance Sheet 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Fleetwood-Hesketh 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 Fleetwood-Hesketh Limited and state those matters that we have agreed to state to the Board of Directors of Fleetwood-Hesketh Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Fleetwood-Hesketh 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 Fleetwood-Hesketh Limited. You consider that Fleetwood-Hesketh 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 Fleetwood-Hesketh 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.






A W Associates
Regus, Building 2
Guildford Business Park Road
Guildford
Surrey
GU2 8XG


18 January 2024