Henry Adams HRR Land and New Homes Ltd 14094476 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is new homes and land sales. Digita Accounts Production Advanced 6.30.9574.0 true true 14094476 2023-04-01 2024-03-31 14094476 2024-03-31 14094476 bus:OrdinaryShareClass1 2024-03-31 14094476 core:CurrentFinancialInstruments 2024-03-31 14094476 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 14094476 core:FurnitureFittingsToolsEquipment 2024-03-31 14094476 bus:SmallEntities 2023-04-01 2024-03-31 14094476 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 14094476 bus:FilletedAccounts 2023-04-01 2024-03-31 14094476 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 14094476 bus:RegisteredOffice 2023-04-01 2024-03-31 14094476 bus:Director1 2023-04-01 2024-03-31 14094476 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 14094476 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 14094476 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 14094476 countries:EnglandWales 2023-04-01 2024-03-31 14094476 2022-05-09 2023-03-31 14094476 2023-03-31 14094476 bus:OrdinaryShareClass1 2023-03-31 14094476 core:CurrentFinancialInstruments 2023-03-31 14094476 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Henry Adams HRR Land and New Homes Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2024

Registration number: 14094476

 

Henry Adams HRR Land and New Homes Ltd

Contents

Statement of financial position

1

Notes to the Unaudited Financial Statements

2 to 4

 

Henry Adams HRR Land and New Homes Ltd

(Registration number: 14094476)
Statement of financial position as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

687

-

Current assets

 

Debtors

5

5,574

22,568

Cash at bank and in hand

 

51,216

33,562

 

56,790

56,130

Creditors: Amounts falling due within one year

6

(85,935)

(98,156)

Net current liabilities

 

(29,145)

(42,026)

Net liabilities

 

(28,458)

(42,026)

Capital and reserves

 

Called up share capital

7

100

100

Share premium reserve

49,975

49,975

Retained earnings

(78,533)

(92,101)

Shareholders' deficit

 

(28,458)

(42,026)

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income statement.

Approved and authorised by the Board on 26 June 2024 and signed on its behalf by:
 

.........................................
Mr R W Crawford Clarke
Director

 

Henry Adams HRR Land and New Homes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
50 Carfax
Horsham
West Sussex
RH12 1BP

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Henry Adams HRR Land and New Homes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2023 - 5).

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

702

702

At 31 March 2024

702

702

Depreciation

Charge for the year

15

15

At 31 March 2024

15

15

Carrying amount

At 31 March 2024

687

687

 

Henry Adams HRR Land and New Homes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

5

Debtors

Current

2024
£

2023
£

Trade debtors

4,867

19,485

Prepayments

632

1,080

Other debtors

75

2,003

 

5,574

22,568

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

75,833

90,876

Taxation and social security

7,473

5,529

Accruals and deferred income

1,400

1,400

Other creditors

1,229

351

85,935

98,156

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

100

100

100

100