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Company Registration No. 07875253 (England and Wales)
HEDGESTONE DEVELOPMENT LTD Unaudited accounts for the year ended 31 December 2023
HEDGESTONE DEVELOPMENT LTD Unaudited accounts Contents
Page
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HEDGESTONE DEVELOPMENT LTD Company Information for the year ended 31 December 2023
Director
OLEKSANDRA GORIAIEVA
Company Number
07875253 (England and Wales)
Registered Office
61 BRIDGE STREET KINGTON HR5 3DJ UNITED KINGDOM
Accountants
Ravelstone Accountancy Ltd
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HEDGESTONE DEVELOPMENT LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
160,692 
160,692 
Current assets
Debtors
1 
1 
Creditors: amounts falling due within one year
(201,201)
(201,201)
Net current liabilities
(201,200)
(201,200)
Net liabilities
(40,508)
(40,508)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(40,509)
(40,509)
Shareholders' funds
(40,508)
(40,508)
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 her 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
OLEKSANDRA GORIAIEVA Director Company Registration No. 07875253
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HEDGESTONE DEVELOPMENT LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
HEDGESTONE DEVELOPMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 07875253. The registered office is 61 BRIDGE STREET, KINGTON, HR5 3DJ, UNITED KINGDOM.
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
over 50 years
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2023
193,995 
At 31 December 2023
193,995 
Depreciation
At 1 January 2023
33,303 
At 31 December 2023
33,303 
Net book value
At 31 December 2023
160,692 
At 31 December 2022
160,692 
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HEDGESTONE DEVELOPMENT LTD Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
1 
1 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
201,201 
201,201 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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