2022-12-01 2023-11-30 false Capium Accounts Production 1.1 05394932 bus:AbridgedAccounts 2022-12-01 2023-11-30 05394932 bus:FRS102 2022-12-01 2023-11-30 05394932 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 05394932 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 05394932 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 05394932 2022-12-01 2023-11-30 05394932 2023-11-30 05394932 bus:RegisteredOffice 2022-12-01 2023-11-30 05394932 core:WithinOneYear 2023-11-30 05394932 core:AfterOneYear 2023-11-30 05394932 bus:Director1 2022-12-01 2023-11-30 05394932 bus:Director1 2023-11-30 05394932 bus:Director1 2021-12-01 2022-11-30 05394932 bus:Director2 2022-12-01 2023-11-30 05394932 bus:Director2 2023-11-30 05394932 bus:Director2 2021-12-01 2022-11-30 05394932 2021-12-01 05394932 bus:CompanySecretary1 2022-12-01 2023-11-30 05394932 bus:LeadAgentIfApplicable 2022-12-01 2023-11-30 05394932 2021-12-01 2022-11-30 05394932 2022-11-30 05394932 core:WithinOneYear 2022-11-30 05394932 core:AfterOneYear 2022-11-30 05394932 bus:EntityAccountantsOrAuditors 2021-12-01 2022-11-30 05394932 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 05394932 bus:OrdinaryShareClass1 2023-11-30 05394932 bus:OrdinaryShareClass1 2021-12-01 2022-11-30 05394932 bus:OrdinaryShareClass1 2022-11-30 05394932 core:PlantMachinery 2022-12-01 2023-11-30 05394932 core:PlantMachinery 2023-11-30 05394932 core:PlantMachinery 2022-11-30 05394932 core:ComputerEquipment 2022-12-01 2023-11-30 05394932 core:ComputerEquipment 2023-11-30 05394932 core:ComputerEquipment 2022-11-30 05394932 core:InvestmentProperties 2022-12-01 2023-11-30 05394932 core:InvestmentProperties 2023-11-30 05394932 core:InvestmentProperties 2022-11-30 05394932 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-11-30 05394932 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-11-30 05394932 core:CostValuation core:Non-currentFinancialInstruments 2023-11-30 05394932 core:CostValuation core:Non-currentFinancialInstruments 2022-11-30 05394932 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-11-30 05394932 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-11-30 05394932 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-11-30 05394932 core:Non-currentFinancialInstruments 2023-11-30 05394932 core:Non-currentFinancialInstruments 2022-11-30 05394932 core:ShareCapital 2023-11-30 05394932 core:ShareCapital 2022-11-30 05394932 core:RetainedEarningsAccumulatedLosses 2023-11-30 05394932 core:RetainedEarningsAccumulatedLosses 2022-11-30 05394932 dpl:Item1 2022-12-01 05394932 dpl:Item1 2023-11-30 05394932 dpl:Item1 2021-12-01 05394932 dpl:Item1 2022-11-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 05394932
England and Wales

 

 

 


Abridged Accounts

for the year ended 30 November 2023

for

HALE GROUP LTD

Report to the directors on the preparation of the unaudited statutory accounts of Hale Group Ltd for the year ended 30 November 2023.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Hale Group Ltd for the year ended 30 November 2023 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/.

This report is made solely to the Board of Directors of Hale Group Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Hale Group Ltd and state those matters that we have agreed to state to the Board of Directors of Hale Group Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hale Group Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Hale Group Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Hale Group Ltd. You consider that Hale Group Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Hale Group Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

30 November 2023



....................................................
Krowe Limited
Basepoint Bromsgrove
Bromsgrove Technology Park
Bromsgrove
Worcestershire
B60 3ET
20 March 2024
1
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 2,002,712    2,003,053 
2,002,712    2,003,053 
Current assets      
Debtors 462    47,125 
Cash at bank and in hand 194,841    65,156 
195,303    112,281 
Creditors: amount falling due within one year (103,189)   (49,279)
Net current assets 92,114    63,002 
 
Total assets less current liabilities 2,094,826    2,066,055 
Provisions for liabilities (179,733)   (170,809)
Net assets 1,915,093    1,895,246 
 

Capital and reserves
     
Called up share capital 4 1    1 
Fair Value Reserves 5 (54,022)   (54,022)
Profit and loss account 1,969,114    1,949,267 
Shareholder's funds 1,915,093    1,895,246 
 


For the year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 20 March 2024 and were signed on its behalf by:


-------------------------------
Richard Hale
Director
2
General Information
Hale Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 05394932, registration address Bradney Lodge, Worfield, Bridgnorth, WV13 5NT.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured. Turnover is measured as the fair value of the consideration received or receivables, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised.. 
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 25% Reducing Balance
Computer Equipment 20% Reducing Balance
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value.Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 1 (2022 : 1).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Computer Equipment   Investment properties   Total
  £   £   £   £
At 01 December 2022 1,780    2,148    2,000,000    2,003,928 
Additions 282    155      437 
Disposals      
At 30 November 2023 2,062    2,303    2,000,000    2,004,365 
Depreciation
At 01 December 2022 445    430      875 
Charge for year 404    374      778 
On disposals      
At 30 November 2023 849    804      1,653 
Net book values
Closing balance as at 30 November 2023 1,213    1,499    2,000,000    2,002,712 
Opening balance as at 01 December 2022 1,335    1,718    2,000,000    2,003,053 


4.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
1 Class A share of £1.00 each  
 

5.

Fair Value Reserves

2023
£
  2022
£
Fair Value Reserve (54,022)   (54,022)
(54,022)   (54,022)

3