HANKS HOMES LTD

Company Registration Number:
10908254 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

HANKS HOMES LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

HANKS HOMES LTD

Company Information

for the Period Ended 31 August 2023




Registered office: Willowpark Lodge
Thorverton
Exeter
Devon
GBR
EX5 5JL
Company Registration Number: 10908254 (England and Wales)

HANKS HOMES LTD

Balance sheet

As at 31 August 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 500,000 500,000
Total fixed assets: 500,000 500,000
Current assets
Stocks: 696,419 105,127
Debtors: 6 0 0
Cash at bank and in hand: 6,733 19,175
Total current assets: 703,152 124,302
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 7 ( 1,583,679 ) ( 551,000 )
Net current assets (liabilities): ( 880,527 ) ( 426,698 )
Total assets less current liabilities: ( 380,527 ) 73,302
Creditors: amounts falling due after more than one year: 8 ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 380,527 ) 73,302

The notes form part of these financial statements

HANKS HOMES LTD

Balance sheet continued

As at 31 August 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 3 73,302
Revaluation reserve: 9 0 0
Profit and loss account: ( 380,530 ) 0
Shareholders funds: ( 380,527 ) 73,302

For the year ending 31 August 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.

This report was approved by the board of directors on 31 July 2024
And Signed On Behalf Of The Board By:

Name: Alexander Hanks
Status: Director

The notes form part of these financial statements

HANKS HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HANKS HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

HANKS HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 3. Off balance sheet disclosure

    No

HANKS HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Intangible assets

Other Total
Cost £ £
At 01 September 2022 0 0
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 31 August 2023 0 0
Amortisation
Amortisation at 01 September 2022 0 0
Charge for year 0 0
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
Amortisation at 31 August 2023 0 0
Net book value
Net book value at 31 August 2023 0 0
Net book value at 31 August 2022 0 0

HANKS HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Tangible assets

Land & buildings Total
Cost £ £
At 01 September 2022 500,000 500,000
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 31 August 2023 500,000 500,000
Depreciation
At 01 September 2022 0 0
Charge for year 0 0
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
At 31 August 2023 0 0
Net book value
At 31 August 2023 500,000 500,000
At 31 August 2022 500,000 500,000

Land value

HANKS HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Debtors


2023
£

2022
£
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 0 0
Total 0 0
Debtors due after more than one year: 0 0

HANKS HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 500,000 551,000
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 1,040,489 0
Taxation and social security 7,374 0
Accruals and deferred income 0
Other creditors 35,816 0
Total 1,583,679 551,000

HANKS HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

8.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 0
Total 0 0

HANKS HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

9. Revaluation reserve


2023
£
Balance at 01 September 2022 0
Surplus or deficit after revaluation 0
Balance at 31 August 2023 0