Company Registration No. 11064633 (England and Wales)
HAYCREST PROPERTIES LIMITED
Unaudited accounts
for the year ended 30 November 2023
HAYCREST PROPERTIES LIMITED
Unaudited accounts
Contents
HAYCREST PROPERTIES LIMITED
Company Information
for the year ended 30 November 2023
Directors
Vinod Patel
Prakash Patel
Company Number
11064633 (England and Wales)
Registered Office
PADMA VILA
2 REENGLASS ROAD
STANMORE
HA7 4NT
ENGLAND
HAYCREST PROPERTIES LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
997,122
997,122
Cash at bank and in hand
10,215
2,482
Creditors: amounts falling due within one year
(28,375)
(110,191)
Net current liabilities
(18,175)
(27,474)
Total assets less current liabilities
978,947
969,648
Creditors: amounts falling due after more than one year
(989,543)
(989,543)
Net liabilities
(10,596)
(19,895)
Called up share capital
300
300
Profit and loss account
(10,896)
(20,195)
Shareholders' funds
(10,596)
(19,895)
For the year ending 30 November 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 30 August 2024 and were signed on its behalf by
Vinod Patel
Director
Company Registration No. 11064633
HAYCREST PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 November 2023
HAYCREST PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11064633. The registered office is PADMA VILA, 2 REENGLASS ROAD, STANMORE, HA7 4NT, ENGLAND.
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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.
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.
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:
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Tangible fixed assets
Land & buildings
At 1 December 2022
997,122
At 30 November 2023
997,122
At 30 November 2023
997,122
At 30 November 2022
997,122
HAYCREST PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
2,291
1,379
Other creditors
26,084
108,812
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
989,543
989,543
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Average number of employees
During the year the average number of employees was 2 (2022: 2).