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REGISTERED NUMBER: 05914734 (England and Wales)















R J Hartwell Limited

Unaudited Financial Statements

for the Year Ended 29 August 2023






R J Hartwell Limited (Registered number: 05914734)






Contents of the Financial Statements
for the year ended 29 August 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


R J Hartwell Limited

Company Information
for the year ended 29 August 2023







DIRECTOR: Mr R J Hartwell





REGISTERED OFFICE: 13 The Courtyard
Timothy's Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NP





REGISTERED NUMBER: 05914734 (England and Wales)





ACCOUNTANTS: Grenfell James Associates Limited
13 The Courtyard
Timothys Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NP

R J Hartwell Limited (Registered number: 05914734)

Balance Sheet
29 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 15,000 15,000
Tangible assets 6 387,832 441,077
402,832 456,077

CURRENT ASSETS
Stocks 129,972 185,873
Debtors 7 285,752 390,119
Cash at bank 33,023 140,154
448,747 716,146
CREDITORS
Amounts falling due within one year 8 447,410 518,280
NET CURRENT ASSETS 1,337 197,866
TOTAL ASSETS LESS CURRENT
LIABILITIES

404,169

653,943

CREDITORS
Amounts falling due after more than one
year

9

(129,262

)

(279,755

)

PROVISIONS FOR LIABILITIES (73,688 ) (62,697 )
NET ASSETS 201,219 311,491

R J Hartwell Limited (Registered number: 05914734)

Balance Sheet - continued
29 August 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 6 6
Capital redemption reserve 4 4
Retained earnings 201,209 311,481
SHAREHOLDERS' FUNDS 201,219 311,491

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 director and authorised for issue on 20 August 2024 and were signed by:





Mr R J Hartwell - Director


R J Hartwell Limited (Registered number: 05914734)

Notes to the Financial Statements
for the year ended 29 August 2023

1. STATUTORY INFORMATION

R J Hartwell Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.


R J Hartwell Limited (Registered number: 05914734)

Notes to the Financial Statements - continued
for the year ended 29 August 2023

3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year 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.

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 year 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 11 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 30 August 2022
and 29 August 2023 15,000
NET BOOK VALUE
At 29 August 2023 15,000
At 29 August 2022 15,000

R J Hartwell Limited (Registered number: 05914734)

Notes to the Financial Statements - continued
for the year ended 29 August 2023

6. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 30 August 2022 723,342 5,196 449,883 13,522 1,191,943
Additions 37,350 - 34,429 - 71,779
Disposals (76,234 ) - (38,685 ) - (114,919 )
At 29 August 2023 684,458 5,196 445,627 13,522 1,148,803
DEPRECIATION
At 30 August 2022 495,656 3,751 238,630 12,829 750,866
Charge for year 49,432 361 55,864 672 106,329
Eliminated on disposal (62,855 ) - (33,369 ) - (96,224 )
At 29 August 2023 482,233 4,112 261,125 13,501 760,971
NET BOOK VALUE
At 29 August 2023 202,225 1,084 184,502 21 387,832
At 29 August 2022 227,686 1,445 211,253 693 441,077

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 30 August 2022 439,441 309,661 749,102
Additions 37,350 34,429 71,779
Disposals (54,500 ) (20,455 ) (74,955 )
At 29 August 2023 422,291 323,635 745,926
DEPRECIATION
At 30 August 2022 276,206 152,084 428,290
Charge for year 36,674 42,896 79,570
Eliminated on disposal (44,404 ) (18,834 ) (63,238 )
At 29 August 2023 268,476 176,146 444,622
NET BOOK VALUE
At 29 August 2023 153,815 147,489 301,304
At 29 August 2022 163,235 157,577 320,812

R J Hartwell Limited (Registered number: 05914734)

Notes to the Financial Statements - continued
for the year ended 29 August 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 133,620 168,581
Amounts owed by associates 101,763 101,763
Other debtors 50,369 119,775
285,752 390,119

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 108,768 103,251
Hire purchase contracts 82,159 61,404
Trade creditors 179,579 343,149
Taxation and social security 36,109 8,452
Other creditors 40,795 2,024
447,410 518,280

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 77,686 186,453
Hire purchase contracts 51,576 93,302
129,262 279,755

10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 133,735 154,706

11. RELATED PARTY DISCLOSURES

During the year the company advance Bespoke Butchers Ltd, a company under the common control of the director the sum of £101,763 (2022, £101,763). The loan is interest free and repayable on demand.