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REGISTERED NUMBER: 13068395 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

HD Machinery Ltd

HD Machinery Ltd (Registered number: 13068395)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HD Machinery Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr H J Durrant
Mrs A T Durrant





REGISTERED OFFICE: Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD





REGISTERED NUMBER: 13068395 (England and Wales)





ACCOUNTANTS: Accsys Accountants Limited
Chartered Accountants
Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD

HD Machinery Ltd (Registered number: 13068395)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 36,625 33,339

CURRENT ASSETS
Stocks 135,415 154,713
Debtors 5 48,814 349
Cash at bank 14,189 31,338
198,418 186,400
CREDITORS
Amounts falling due within one year 6 116,090 111,200
NET CURRENT ASSETS 82,328 75,200
TOTAL ASSETS LESS CURRENT
LIABILITIES

118,953

108,539

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 118,803 108,389
118,953 108,539

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 January 2024 and were signed on its behalf by:





Mr H J Durrant - Director


HD Machinery Ltd (Registered number: 13068395)

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

1. STATUTORY INFORMATION

HD Machinery 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.

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.
Improvements to property - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2023 15,029 8,713 229 27,000 50,971
Additions 8,518 5,446 - - 13,964
Disposals - (750 ) - - (750 )
At 31 December 2023 23,547 13,409 229 27,000 64,185
DEPRECIATION
At 1 January 2023 4,427 2,402 53 10,750 17,632
Charge for year 4,229 1,920 44 4,063 10,256
Eliminated on disposal - (328 ) - - (328 )
At 31 December 2023 8,656 3,994 97 14,813 27,560
NET BOOK VALUE
At 31 December 2023 14,891 9,415 132 12,187 36,625
At 31 December 2022 10,602 6,311 176 16,250 33,339

HD Machinery Ltd (Registered number: 13068395)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 48,814 349

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 43,681 -
Taxation and social security 3,180 11,845
Other creditors 69,229 99,355
116,090 111,200