Company Registration No. 09857697 (England and Wales)
HAYWOOD COATINGS LIMITED
Unaudited accounts
for the year ended 30 November 2023
HAYWOOD COATINGS LIMITED
Unaudited accounts
Contents
HAYWOOD COATINGS LIMITED
Company Information
for the year ended 30 November 2023
Directors
Mr Adam haywood
Mrs Stacey Haywood
Company Number
09857697 (England and Wales)
Registered Office
UNIT 1, LEOFRIC SQUARE
VICARAGE FARM ROAD, FENGATE
PETERBOROUGH
PE1 5TU
ENGLAND
Accountants
M&L Accountants Limited
48 Broadstone Drive
Hampton Water
Peterborough
Cambridgeshire
PE7 8QR
HAYWOOD COATINGS LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
51,664
24,941
Cash at bank and in hand
15,090
11,632
Creditors: amounts falling due within one year
(114,446)
(61,616)
Net current liabilities
(20,317)
(25,210)
Total assets less current liabilities
31,347
(269)
Creditors: amounts falling due after more than one year
(20)
(20)
Net assets/(liabilities)
31,327
(289)
Called up share capital
100
100
Profit and loss account
31,227
(389)
Shareholders' funds
31,327
(289)
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
Mr Adam haywood
Director
Company Registration No. 09857697
HAYWOOD COATINGS LIMITED
Notes to the Accounts
for the year ended 30 November 2023
HAYWOOD COATINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09857697. The registered office is UNIT 1, LEOFRIC SQUARE, VICARAGE FARM ROAD, FENGATE, PETERBOROUGH, PE1 5TU, ENGLAND.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 30 November 2023
11,100
At 30 November 2023
11,100
HAYWOOD COATINGS LIMITED
Notes to the Accounts
for the year ended 30 November 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2022
16,032
42,334
58,366
At 30 November 2023
56,175
42,334
98,509
At 1 December 2022
8,260
25,165
33,425
Charge for the year
6,650
6,770
13,420
At 30 November 2023
14,910
31,935
46,845
At 30 November 2023
41,265
10,399
51,664
At 30 November 2022
7,772
17,169
24,941
Amounts falling due within one year
Trade debtors
79,039
23,774
Accrued income and prepayments
-
1,000
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
13,333
17,018
Trade creditors
44,723
15,484
Taxes and social security
9,683
12,171
Loans from directors
42,644
354
8
Creditors: amounts falling due after more than one year
2023
2022
Non-equity preference shares
20
20
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).