Company Registration No. 07901530 (England and Wales)
G H Hearne & Son Ltd
Unaudited accounts
for the year ended 31 March 2024
G H Hearne & Son Ltd
Unaudited accounts
Contents
G H Hearne & Son Ltd
Company Information
for the year ended 31 March 2024
Company Number
07901530 (England and Wales)
Registered Office
7 Sproatley Road
Preston
HULL
HU12 8TT
ENGLAND
Accountants
Directors of Finance Ltd
21 Stockbridge Park
Elloughton
HU15 1JQ
G H Hearne & Son Ltd
Statement of financial position
as at 31 March 2024
Creditors: amounts falling due within one year
(8,861)
(9,025)
Net current assets
-
2,636
Called up share capital
1
1
Profit and loss account
(1)
2,635
Shareholders' funds
-
2,636
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 29 July 2024 and were signed on its behalf by
Alwyne Hearne
Director
Company Registration No. 07901530
G H Hearne & Son Ltd
Notes to the Accounts
for the year ended 31 March 2024
G H Hearne & Son Ltd is a private company, limited by shares, registered in England and Wales, registration number 07901530. The registered office is 7 Sproatley Road , Preston , HULL, HU12 8TT, ENGLAND. The company is in the process of being wound up.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
1,770
4,600
6,370
Disposals
(1,770)
(4,600)
(6,370)
At 1 April 2023
1,770
4,600
6,370
On disposals
(1,770)
(4,600)
(6,370)
Amounts falling due within one year
Other debtors
8,811
10,212
G H Hearne & Son Ltd
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
3,302
Taxes and social security
6,460
5,702
Loans from directors
2,401
21
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).