REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 July 2023 to 31 March 2024 |
for |
A Hoad-Reddick Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 July 2023 to 31 March 2024 |
for |
A Hoad-Reddick Limited |
A Hoad-Reddick Limited (Registered number: 08038606) |
Contents of the Financial Statements |
for the Period 1 July 2023 to 31 March 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
A Hoad-Reddick Limited |
Company Information |
for the Period 1 July 2023 to 31 March 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
2 Station View |
Bramhall Moor Lane |
Hazel Grove |
Stockport |
Cheshire |
SK7 5ER |
A Hoad-Reddick Limited (Registered number: 08038606) |
Balance Sheet |
31 March 2024 |
31.3.24 | 30.6.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
Investments | 7 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
9 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
A Hoad-Reddick Limited (Registered number: 08038606) |
Balance Sheet - continued |
31 March 2024 |
31.3.24 | 30.6.23 |
Notes | £ | £ | £ | £ |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
A Hoad-Reddick Limited (Registered number: 08038606) |
Notes to the Financial Statements |
for the Period 1 July 2023 to 31 March 2024 |
1. | STATUTORY INFORMATION |
A Hoad-Reddick Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery etc | - |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
A Hoad-Reddick Limited (Registered number: 08038606) |
Notes to the Financial Statements - continued |
for the Period 1 July 2023 to 31 March 2024 |
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and 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. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 July 2023 |
and 31 March 2024 |
DEPRECIATION |
At 1 July 2023 |
Charge for period |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 30 June 2023 |
A Hoad-Reddick Limited (Registered number: 08038606) |
Notes to the Financial Statements - continued |
for the Period 1 July 2023 to 31 March 2024 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 July 2023 |
Revaluations | 32,572 |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 30 June 2023 |
Fair value at 31 March 2024 is represented by: |
£ |
Valuation in 2024 | 32,572 |
Cost | 867,428 |
900,000 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 30.6.23 |
£ | £ |
Trade debtors |
Amounts owed by associates |
Other debtors |
7. | CURRENT ASSET INVESTMENTS |
31.3.24 | 30.6.23 |
£ | £ |
Listed investments | 500 | 500 |
A Hoad-Reddick Limited (Registered number: 08038606) |
Notes to the Financial Statements - continued |
for the Period 1 July 2023 to 31 March 2024 |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 30.6.23 |
£ | £ |
Bank loans and overdrafts |
Amounts owed to associates | 16,377 | - |
Taxation and social security |
Other creditors |
9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.3.24 | 30.6.23 |
£ | £ |
Bank loans |
10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
During the year the company made loans to the directors amounting to £66,276 (2023: £81,713). No interest is charged and no security given on the loan which is repayable on demand. |
11. | RELATED PARTY DISCLOSURES |
In the year the company has received loans from Specialist Medicolegal Services Ltd, a company under the control of the directors of A Hoad-Reddick Limited. At the year end date, A Hoad-Reddick Limited owed Specialist Medicolegal Services Ltd £16,377 (2023: £2,776 owed to this company). |
12. | ULTIMATE CONTROLLING PARTY |
The controlling party is D A Hoad-Reddick. |