Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The sale and repair of motor vehiclestrue32023-04-01true3truefalse 01665272 2023-04-01 2024-03-31 01665272 2022-04-01 2023-03-31 01665272 2024-03-31 01665272 2023-03-31 01665272 c:Director2 2023-04-01 2024-03-31 01665272 d:CurrentFinancialInstruments 2024-03-31 01665272 d:CurrentFinancialInstruments 2023-03-31 01665272 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 01665272 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 01665272 d:ShareCapital 2024-03-31 01665272 d:ShareCapital 2023-03-31 01665272 d:RetainedEarningsAccumulatedLosses 2024-03-31 01665272 d:RetainedEarningsAccumulatedLosses 2023-03-31 01665272 c:EntityHasNeverTraded 2023-04-01 2024-03-31 01665272 c:FRS102 2023-04-01 2024-03-31 01665272 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 01665272 c:FullAccounts 2023-04-01 2024-03-31 01665272 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01665272 6 2023-04-01 2024-03-31 01665272 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 01665272


HAZELHYTHE HOLDINGS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
HAZELHYTHE HOLDINGS LIMITED
REGISTERED NUMBER:01665272

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
100
100

Current assets
  

Debtors: amounts falling due within one year
 5 
40,068
40,068

Cash at bank and in hand
 6 
7
7

  
40,075
40,075

Creditors: amounts falling due within one year
 7 
(39,949)
(39,949)

Net current assets
  
 
 
126
 
 
126

  

Net assets
  
226
226


Capital and reserves
  

Called up share capital 
  
200
200

Profit and loss account
  
26
26

  
226
226


For the year ended 31 March 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements were approved and authorised for issue by the board and were signed on its behalf by: 

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.



Mr J R W Trodd
Director

Date: 17 September 2024

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
HAZELHYTHE HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Hazelhythe Holdings Limited is a private company, limited by shares, incorporated in England and Wales within the United Kingdom. The address of the registered office is 269/271 Bedford Road, Kempston, Bedfordshire, MK42 8BP. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The Company’s functional and presentational currency is GBP, rounded to the nearest £1.

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 2

 
HAZELHYTHE HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due within the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 3

 
HAZELHYTHE HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
100



At 31 March 2024
100






5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
40,068
40,068



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
7
7



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
39,949
39,949



8.


Related party transactions

The Company has taken advantage of the exemption available in Financial Reporting Standard 102, Section 33, whereby it has not disclosed transactions with the ultimate parent company or any wholly owned subsidiary undertaking of the group.

Page 4