1 01/06/2023 31/05/2024 2024-05-31 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-06-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 10174508 2023-06-01 2024-05-31 10174508 2024-05-31 10174508 2023-05-31 10174508 2022-06-01 2023-05-31 10174508 2023-05-31 10174508 2022-05-31 10174508 core:FurnitureFittingsToolsEquipment 2023-06-01 2024-05-31 10174508 bus:RegisteredOffice 2023-06-01 2024-05-31 10174508 bus:LeadAgentIfApplicable 2023-06-01 2024-05-31 10174508 bus:Director1 2023-06-01 2024-05-31 10174508 core:FurnitureFittingsToolsEquipment 2023-05-31 10174508 core:FurnitureFittingsToolsEquipment 2024-05-31 10174508 core:RetainedEarningsAccumulatedLosses 2022-06-01 2023-05-31 10174508 core:RetainedEarningsAccumulatedLosses 2023-06-01 2024-05-31 10174508 core:WithinOneYear 2024-05-31 10174508 core:WithinOneYear 2023-05-31 10174508 core:ShareCapital 2024-05-31 10174508 core:ShareCapital 2023-05-31 10174508 core:RetainedEarningsAccumulatedLosses 2024-05-31 10174508 core:RetainedEarningsAccumulatedLosses 2023-05-31 10174508 core:ShareCapital 2022-05-31 10174508 core:RetainedEarningsAccumulatedLosses 2022-05-31 10174508 core:PreviouslyStatedAmount core:ShareCapital 2024-05-31 10174508 core:FurnitureFittingsToolsEquipment 2023-05-31 10174508 bus:Director1 2023-05-31 10174508 bus:Director1 2024-05-31 10174508 bus:Director1 2022-05-31 10174508 bus:Director1 2023-05-31 10174508 bus:Director1 2022-06-01 2023-05-31 10174508 bus:SmallEntities 2023-06-01 2024-05-31 10174508 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 10174508 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10174508 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10174508 bus:FullAccounts 2023-06-01 2024-05-31
Company registration number: 10174508
DE HAVILLAND HOMES LIMITED
31 May 2024
HEYWOODS
Chartered Accountants
Countrywide House
Knights Way
Shrewsbury
Shropshire
SY1 3AB
DE HAVILLAND HOMES LIMITED
Contents
Directors and other information
Accountants report
Statement of financial position
Statement of changes in equity
Notes to the financial statements
DE HAVILLAND HOMES LIMITED
DIRECTORS AND OTHER INFORMATION
Director Mr D J Evans
Company number 10174508
Registered office Countrywide House
Knights Way
Shrewsbury
Shropshire
SY1 3AB
Business address 168 Abbey Foregate
Shrewsbury
Shropshire
SY2 6AL
Accountants Heywoods
Countrywide House
Knights Way
Shrewsbury
Shropshire
SY1 3AB
DE HAVILLAND HOMES LIMITED
CHARTERED ACCOUNTANTS REPORT TO THE DIRECTOR ON THE PREPARATION OF THE
UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DE HAVILLAND HOMES LIMITED
YEAR ENDED 31 MAY 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of De Havilland Homes Limited for the year ended 31 May 2024 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the director of De Havilland Homes Limited, as a body, in accordance with the terms of our engagement letter dated 25 June 2018. Our work has been undertaken solely to prepare for your approval the financial statements of De Havilland Homes Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than De Havilland Homes Limited and its director as a body for our work or for this report.
It is your duty to ensure that De Havilland Homes Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of De Havilland Homes Limited. You consider that De Havilland Homes Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of De Havilland Homes Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Heywoods
Chartered Accountants
Countrywide House
Knights Way
Shrewsbury
Shropshire
SY1 3AB
1 July 2024
DE HAVILLAND HOMES LIMITED
STATEMENT OF FINANCIAL POSITION
31 MAY 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 5 241 284
_______ _______
241 284
Current assets
Stocks 9,456 9,456
Debtors 6 766 173
Cash at bank and in hand 39,752 50,055
_______ _______
49,974 59,684
Creditors: amounts falling due
within one year 7 ( 790) ( 8,514)
_______ _______
Net current assets 49,184 51,170
_______ _______
Total assets less current liabilities 49,425 51,454
Provisions for liabilities ( 46) ( 54)
_______ _______
Net assets 49,379 51,400
_______ _______
Capital and reserves
Called up share capital 1 1
Profit and loss account 49,378 51,399
_______ _______
Shareholder funds 49,379 51,400
_______ _______
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 25 June 2024 , and are signed on behalf of the board by:
Mr D J Evans
Director
Company registration number: 10174508
DE HAVILLAND HOMES LIMITED
STATEMENT OF CHANGES IN EQUITY
YEAR ENDED 31 MAY 2024
Called up share capital Profit and loss account Total
£ £ £
At 1 June 2022 1 39,593 39,594
(Loss)/profit for the year 11,806 11,806
_______ _______ _______
Total comprehensive income for the year - 11,806 11,806
_______ _______ _______
At 31 May 2023 and 1 June 2023 1 51,399 51,400
(Loss)/profit for the year ( 521) ( 521)
_______ _______ _______
Total comprehensive income for the year - ( 521) ( 521)
Dividends paid and payable ( 1,500) ( 1,500)
_______ _______ _______
Total investments by and distributions to owners - ( 1,500) ( 1,500)
_______ _______ _______
At 31 May 2024 1 49,378 49,379
_______ _______ _______
DE HAVILLAND HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Countrywide House, Knights Way, Shrewsbury, Shropshire, SY1 3AB.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for services supplied, net of discounts.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 15 % reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 1 June 2023 and 31 May 2024 299 299
_______ _______
Depreciation
At 1 June 2023 15 15
Charge for the year 43 43
_______ _______
At 31 May 2024 58 58
_______ _______
Carrying amount
At 31 May 2024 241 241
_______ _______
At 31 May 2023 284 284
_______ _______
6. Debtors
2024 2023
£ £
Other debtors 766 173
_______ _______
7. Creditors: amounts falling due within one year
2024 2023
£ £
Corporation tax - 2,694
Other creditors 790 5,820
_______ _______
790 8,514
_______ _______
8. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr D J Evans ( 5,051) - 5,704 653
_______ _______ _______ _______
2023
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr D J Evans ( 3,901) ( 1,150) - ( 5,051)
_______ _______ _______ _______