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Company Registration No. 09598264 (England and Wales)
Hennessy Estates Limited Unaudited accounts for the year ended 31 May 2023
Hennessy Estates Limited Unaudited accounts Contents
Page
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Hennessy Estates Limited Company Information for the year ended 31 May 2023
Director
Joel Christopher Wood
Company Number
09598264 (England and Wales)
Registered Office
65 BEECH GARDENS RAINFORD ST HELENS MERSEYSIDE WA11 8DW ENGLAND
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Hennessy Estates Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
74,209 
77,761 
Investment property
270,375 
270,375 
344,584 
348,136 
Current assets
Debtors
1,674 
- 
Cash at bank and in hand
45 
(194)
1,719 
(194)
Creditors: amounts falling due within one year
(112,829)
(104,724)
Net current liabilities
(111,110)
(104,918)
Total assets less current liabilities
233,474 
243,218 
Creditors: amounts falling due after more than one year
(233,943)
(236,477)
Net (liabilities)/assets
(469)
6,741 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(569)
6,641 
Shareholders' funds
(469)
6,741 
For the year ending 31 May 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 2 April 2023 and were signed on its behalf by
Joel Christopher Wood Director Company Registration No. 09598264
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Hennessy Estates Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Hennessy Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 09598264. The registered office is 65 BEECH GARDENS, RAINFORD, ST HELENS, MERSEYSIDE, WA11 8DW, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Land & buildings
1% straight line
Fixtures & fittings
33% straight line
Computer equipment
33% straight line
Investment property
The directors have not carried out a valuation of the investment property at the balance sheet date as required by FRS 102, Section 16 'Investment Property'. In the absence of a fair value for the investment at the balance sheet date, it is not possible for the balance sheet to reflect the fair value of the investment property. Any consequential adjustment to the carrying amount of the investment property would be recorded in the profit and loss for the year..
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Hennessy Estates Limited Notes to the Accounts for the year ended 31 May 2023
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2022
75,723 
8,242 
5,102 
89,067 
At 31 May 2023
75,723 
8,242 
5,102 
89,067 
Depreciation
At 1 June 2022
757 
5,651 
4,898 
11,306 
Charge for the year
757 
2,591 
204 
3,552 
At 31 May 2023
1,514 
8,242 
5,102 
14,858 
Net book value
At 31 May 2023
74,209 
- 
- 
74,209 
At 31 May 2022
74,966 
2,591 
204 
77,761 
5
Investment property
2023 
£ 
Fair value at 1 June 2022
270,375 
At 31 May 2023
270,375 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
1,674 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
1,426 
1,389 
VAT
- 
228 
Trade creditors
- 
257 
Taxes and social security
3,988 
3,771 
Other creditors
- 
1 
Loans from directors
104,180 
95,933 
Accruals
3,235 
3,145 
112,829 
104,724 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
233,943 
236,477 
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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