02691295falsehouse building2023-03-012024-02-28http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/cd:CompanySecretary12023-03-012024-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2023-02-28http://www.companieshouse.gov.uk/cd:Director12023-03-012024-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2024-02-28http://www.companieshouse.gov.uk/cd:Director22023-03-012024-02-28http://www.companieshouse.gov.uk/cd:Director32023-03-012024-02-28http://www.companieshouse.gov.uk/cd:Director42023-03-012024-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-03-012024-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-03-012024-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-03-012024-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-02-28http://www.companieshouse.gov.uk/2023-03-012024-02-28http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/cd:FRS1022023-03-012024-02-28http://www.companieshouse.gov.uk/2024-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2023-03-012024-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-03-012024-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02691295

Hadrian Homes Limited

ACCOUNTS
FOR THE YEAR ENDED 28/02/2024

Prepared By:
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Hadrian Homes Limited

ACCOUNTS
FOR THE YEAR ENDED 28/02/2024
DIRECTORS
J E Dalgliesh
Mrs S M Dalgliesh
Ms K M D Dalgliesh
Ms F M Dalgliesh
SECRETARY
J E Dalgiesh
REGISTERED OFFICE
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02691295
BANKERS
Lloyds Bank Plc
ACCOUNTANTS
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Hadrian Homes Limited

ACCOUNTS
FOR THEYEARENDED28/02/2024
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-

Hadrian Homes Limited

BALANCE SHEET AT 28/02/2024
20242023
Notes££
FIXED ASSETS
Tangible assets2284,042283,167
CURRENT ASSETS
Stock527,037501,470
Debtors41,031581
Cash at bank and in hand499,494541,891
1,027,5621,043,942
CREDITORS: Amounts falling due within one year5214,835203,074
NET CURRENT ASSETS812,727840,868
TOTAL ASSETS LESS CURRENT LIABILITIES1,096,7691,124,035
CAPITAL AND RESERVES
Called up share capital7100100
Profit and loss account1,096,6691,123,935
SHAREHOLDERS' FUNDS1,096,7691,124,035
For the year ending 28/02/2024 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 16/07/2024 and signed on their behalf by
.............................
J E Dalgliesh
Director

Hadrian Homes Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28/02/2024
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 - 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 balance 25%
Equipmentreducing balance 25%
Motor Vehiclesreducing balance 25%
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.

Hadrian Homes Limited

2. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachineryEquipmentMotor VehiclesTotal
£££££
Cost
At 01/03/2023280,000111,3227633,995396,080
Additions-1,800422-2,222
At 28/02/2024280,000113,1221,1853,995398,302
Depreciation
At 01/03/2023-108,2616613,991112,913
For the year-1,21513111,347
At 28/02/2024-109,4767923,992114,260
Net Book Amounts
At 28/02/2024280,0003,6463933284,042
At 28/02/2023280,0003,0611024283,167
3. STOCK 20242023
££
Stock comprises:
Work in progress527,037501,470
527,037501,470
4. DEBTORS 20242023
££
Amounts falling due within one year
VAT1,031581
1,031581
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax2,78233,691
Directors current account203,509165,668
Trade creditors5,2441,915
Accruals3,3001,800
214,835203,074

Hadrian Homes Limited

6. EMPLOYEES
20242023
No.No.
Average number of employees11
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
8. RELATED PARTY TRANSACTIONS
No reumuneration was paid to the directors during the year (2023 - £Nil).
Dividends of £40,000 were paid to the directors (2023 - £8,000).
At the balance sheet date the company owed £203,509 (2023 - £165,668) to the directors. The loan is unsecured, interest free and repayable on demand.