12089277falseE129672022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/cd:Director12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2022-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director22022-04-012023-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:MotorCars2022-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:MotorCars2023-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2022-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FRS1022022-04-012023-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2022-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2023-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 12089277

Pale Hall Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023

Prepared By:
Hill and Roberts Limited
Chartered Accountants
50 High Street
Mold
Flintshire
CH7 1BH

Pale Hall Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
DIRECTORS
Mr A P Harper
Mrs A Harper
REGISTERED OFFICE
50 High Street
Mold
Flintshire
CH7 1BH
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 12089277
ACCOUNTANTS
Hill and Roberts Limited
Chartered Accountants
50 High Street
Mold
Flintshire
CH7 1BH

Pale Hall Limited

ACCOUNTS
FOR THEYEARENDED31/03/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Pale Hall Limited

BALANCE SHEET AT 31/03/2023
20232022
Notes££
FIXED ASSETS
Intangible assets3-1,100,000
Tangible assets45,556,8825,595,402
5,556,8826,695,402
CURRENT ASSETS
Stock90,55974,176
Debtors6551,698531,885
Cash at bank and in hand23,00089,769
665,257695,830
CREDITORS: Amounts falling due within one year7713,618450,788
NET CURRENT (LIABILITIES) / ASSETS(48,361)245,042
TOTAL ASSETS LESS CURRENT LIABILITIES5,508,5216,940,444
CREDITORS: Amounts falling due after more than one year81,380,8251,451,752
NET ASSETS4,127,6965,488,692
CAPITAL AND RESERVES
Called up share capital95,500,0085,500,008
Profit and loss account(1,372,312)(11,316)
SHAREHOLDERS' FUNDS4,127,6965,488,692
For the year ending 31/03/2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 13/03/2024 and signed on their behalf by
.............................
Mr A P Harper
Director

Pale Hall Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant And Machineryreducing balance10%
Boreholereducing balance10%
Fixtures And Fittingsreducing balance10%
Equipmentreducing balance25%
Motor Carsreducing balance25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life.
Goodwill was reviewed by the directors for impairment as a significicant post balance sheet event occured. As a result of the review, the carrying value of goodwill was written down to £nil as it is deemed by the directors not to be recoverable.

Pale Hall Limited

2. EMPLOYEES
20232022
No.No.
Average number of employees4964
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/04/20221,375,0001,375,000
At 31/03/20231,375,0001,375,000
Depreciation
At 01/04/2022275,000275,000
For the year1,100,0001,100,000
At 31/03/20231,375,0001,375,000
Net Book Amounts
At 31/03/2023--
At 31/03/20221,100,0001,100,000
4. TANGIBLE FIXED ASSETS
Land AndPlant andBoreholeFixtures
BuildingsMachineryand FittingsEquipmentMotor CarsTotal
£££££££
Cost
At 01/04/20224,865,384415,267-475,1782,0402,0005,759,869
Additions-12,58823,6842,483--38,755
At 31/03/20234,865,384427,85523,684477,6612,0402,0005,798,624
Depreciation
At 01/04/2022-76,237-86,845510875164,467
For the year-35,1622,36839,08238228177,275
At 31/03/2023-111,3992,368125,9278921,156241,742
Net Book Amounts
At 31/03/20234,865,384316,45621,316351,7341,1488445,556,882
At 31/03/20224,865,384339,030-388,3331,5301,1255,595,402

Pale Hall Limited

5. STOCK 20232022
££
Stock comprises:
Stock90,55974,176
90,55974,176
6. DEBTORS 20232022
££
Amounts falling due within one year
s455 Tax132,476128,563
Prepayments12,0507,745
Directors current account407,172395,577
551,698531,885
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax62,632148,334
VAT153,90132,718
PAYE control31,00829,401
Bank loans and overdrafts135,001-
Payments received on account207,164161,036
Trade creditors102,26764,998
Accruals21,64514,301
713,618450,788
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Loans >1yr1,380,8251,451,752
1,380,8251,451,752

Pale Hall Limited

9. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
5500008 Ordinary shares of £1 each55000085500008
5,500,0085,500,008
10. POST BALANCE SHEET EVENT
After the year end, the directors received an approach to sell the company. After carefull consideration, the directors believe that it is in the best interest of the company to accept the offer and at the date of this report, discussions are on going.