Company Registration No. 6827209 (England and Wales)
Shottle Hall Developments Limited
Unaudited accounts
for the year ended 31 December 2023
Shottle Hall Developments Limited
Unaudited accounts
Contents
Shottle Hall Developments Limited
Company Information
for the year ended 31 December 2023
Directors
Sarah Farkas
James Davis
Company Number
6827209 (England and Wales)
Registered Office
White Lane
Shottle
Belper
Derbyshire
DE56 2EB
UK
Accountants
RLTP Accountants
Suite 8, Riverside Business Centre
Foundry Lane
Milford, Belper
Derbyshire
DE56 0RN
Shottle Hall Developments Limited
Statement of financial position
as at 31 December 2023
Tangible assets
651,315
663,774
Cash at bank and in hand
(31,095)
95,821
Creditors: amounts falling due within one year
(207,011)
(217,815)
Net current liabilities
(157,357)
(69,156)
Total assets less current liabilities
493,958
594,618
Creditors: amounts falling due after more than one year
(307,024)
(404,574)
Net assets
186,934
190,044
Called up share capital
100
100
Revaluation reserve
213,000
213,000
Profit and loss account
(26,166)
(23,056)
Shareholders' funds
186,934
190,044
For the year ending 31 December 2023 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 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 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 of Directors and authorised for issue on 16 July 2024 and were signed on its behalf by
Sarah Farkas
Director
Company Registration No. 6827209
Shottle Hall Developments Limited
Notes to the Accounts
for the year ended 31 December 2023
Shottle Hall Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 6827209. The registered office is White Lane, Shottle, Belper, Derbyshire, DE56 2EB, UK.
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:
Land & buildings
Over the lease term
Plant & machinery
over 5 years
Computer equipment
over 4 years
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Shottle Hall Developments Limited
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
821,882
81,579
27,048
930,509
Additions
-
1,035
6,451
7,486
At 31 December 2023
821,882
82,614
33,499
937,995
At 1 January 2023
190,359
57,274
19,102
266,735
Charge for the year
12,630
5,120
2,195
19,945
At 31 December 2023
202,989
62,394
21,297
286,680
At 31 December 2023
618,893
20,220
12,202
651,315
At 31 December 2022
631,523
24,305
7,946
663,774
Amounts falling due within one year
Trade debtors
23,076
51,338
Accrued income and prepayments
1,997
-
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
5,261
-
Trade creditors
57,771
64,831
Taxes and social security
15,319
17,635
Other creditors
2,546
2,793
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
261,614
359,164
Other creditors
45,410
45,410
8
Average number of employees
During the year the average number of employees was 37 (2022: 40).