IRIS Accounts Production v23.3.1.45 11473260 Board of Directors 1.8.22 31.7.23 31.7.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh114732602022-07-31114732602023-07-31114732602022-08-012023-07-31114732602021-07-31114732602021-08-012022-07-31114732602022-07-3111473260ns10:Originalns15:EnglandWales2022-08-012023-07-3111473260ns14:PoundSterlingns10:Original2022-08-012023-07-3111473260ns10:Originalns10:Director12022-08-012023-07-3111473260ns10:Original2022-08-012023-07-3111473260ns10:Original2023-07-3111473260ns10:Originalns10:PrivateLimitedCompanyLtd2022-08-012023-07-3111473260ns10:Originalns10:SmallEntities2022-08-012023-07-3111473260ns10:Originalns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3111473260ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3111473260ns10:SmallCompaniesRegimeForAccountsns10:Original2022-08-012023-07-3111473260ns10:Originalns10:FullAccounts2022-08-012023-07-3111473260ns10:Original2021-08-012022-07-3111473260ns10:Originalns10:Director22022-08-012023-07-3111473260ns10:Originalns10:RegisteredOffice2022-08-012023-07-3111473260ns10:Original2022-07-3111473260ns10:Originalns5:CurrentFinancialInstruments2023-07-3111473260ns10:Originalns5:CurrentFinancialInstruments2022-07-3111473260ns10:Originalns5:Non-currentFinancialInstruments2023-07-3111473260ns10:Originalns5:Non-currentFinancialInstruments2022-07-3111473260ns5:ShareCapitalns10:Original2023-07-3111473260ns5:ShareCapitalns10:Original2022-07-3111473260ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-07-3111473260ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-3111473260ns10:Originalns5:PlantMachinery2022-08-012023-07-3111473260ns10:Originalns5:PlantMachinery2022-07-3111473260ns10:Originalns5:PlantMachinery2023-07-3111473260ns10:Originalns5:PlantMachinery2022-07-3111473260ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3111473260ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3111473260ns5:Securedns10:Original2023-07-3111473260ns5:Securedns10:Original2022-07-3111473260ns10:Originalns5:DeferredTaxation2022-07-3111473260ns10:Originalns5:DeferredTaxation2022-08-012023-07-3111473260ns10:Originalns5:DeferredTaxation2023-07-31
REGISTERED NUMBER: 11473260 (England and Wales)















FH DEVELOPMENTS LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023






FH DEVELOPMENTS LTD (REGISTERED NUMBER: 11473260)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FH DEVELOPMENTS LTD

COMPANY INFORMATION
for the year ended 31 July 2023







DIRECTORS: D A Firth
Mrs L A Heeley





REGISTERED OFFICE: Vernon House
40 New North Road
Huddersfield
West Yorkshire
HD1 5LS





REGISTERED NUMBER: 11473260 (England and Wales)





ACCOUNTANTS: Sheards
Chartered Accountants
Vernon House
40 New North Road
Huddersfield
West Yorkshire
HD1 5LS

FH DEVELOPMENTS LTD (REGISTERED NUMBER: 11473260)

BALANCE SHEET
31 July 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 14 624

CURRENT ASSETS
Stocks 362,807 256
Debtors 5 1,165 1,255
Cash at bank 9,796 406,232
373,768 407,743
CREDITORS
Amounts falling due within one year 6 (260,925 ) (284,324 )
NET CURRENT ASSETS 112,843 123,419
TOTAL ASSETS LESS CURRENT
LIABILITIES

112,857

124,043

CREDITORS
Amounts falling due after more than one
year

7

(8,067

)

(12,467

)

PROVISIONS FOR LIABILITIES 9 - (119 )
NET ASSETS 104,790 111,457

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 104,690 111,357
SHAREHOLDERS' FUNDS 104,790 111,457

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

FH DEVELOPMENTS LTD (REGISTERED NUMBER: 11473260)

BALANCE SHEET - continued
31 July 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 5 February 2024 and were signed on its behalf by:





Mrs L A Heeley - Director


FH DEVELOPMENTS LTD (REGISTERED NUMBER: 11473260)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 July 2023


1. STATUTORY INFORMATION

Fh Developments Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 recognised on the completion of property to the customer excluding value added tax.

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 - 33% on cost and 25% on cost

Stocks
Work in progress includes all direct material and labour costs incurred in bringing a contract to its state of completion at the year end.

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.

3. EMPLOYEES AND DIRECTORS

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

FH DEVELOPMENTS LTD (REGISTERED NUMBER: 11473260)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 July 2023 2,621
DEPRECIATION
At 1 August 2022 1,997
Charge for year 610
At 31 July 2023 2,607
NET BOOK VALUE
At 31 July 2023 14
At 31 July 2022 624

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,165 1,255

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,400 4,400
Taxation and social security - 23,399
Other creditors 256,525 256,525
260,925 284,324

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 8,067 12,467

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 12,467 16,867

The bank loan is secured by the Government under the Bounce Back loan initiative.

FH DEVELOPMENTS LTD (REGISTERED NUMBER: 11473260)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2023


9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax - 119

Deferred
tax
£   
Balance at 1 August 2022 119
Provided during year (119 )
Balance at 31 July 2023 -

10. RELATED PARTY DISCLOSURES

Loans owing to the directors on an interest free basis of £256,525 (2022 - £256,525) were outstanding at the year end, the amounts are repayable on demand.