IRIS Accounts Production v24.2.0.383 00794384 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh007943842023-03-31007943842024-03-31007943842023-04-012024-03-31007943842022-03-31007943842022-04-012023-03-31007943842023-03-3100794384ns15:EnglandWales2023-04-012024-03-3100794384ns14:PoundSterling2023-04-012024-03-3100794384ns10:Director12023-04-012024-03-3100794384ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3100794384ns10:SmallEntities2023-04-012024-03-3100794384ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3100794384ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3100794384ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3100794384ns10:FullAccounts2023-04-012024-03-3100794384ns10:Director22023-04-012024-03-3100794384ns10:Director32023-04-012024-03-3100794384ns10:Director42023-04-012024-03-3100794384ns10:Director52023-04-012024-03-3100794384ns10:Director62023-04-012024-03-3100794384ns10:CompanySecretary12023-04-012024-03-3100794384ns10:RegisteredOffice2023-04-012024-03-3100794384ns5:CurrentFinancialInstruments2024-03-3100794384ns5:CurrentFinancialInstruments2023-03-3100794384ns5:ShareCapital2024-03-3100794384ns5:ShareCapital2023-03-3100794384ns5:CapitalRedemptionReserve2024-03-3100794384ns5:CapitalRedemptionReserve2023-03-3100794384ns5:RetainedEarningsAccumulatedLosses2024-03-3100794384ns5:RetainedEarningsAccumulatedLosses2023-03-3100794384ns5:PlantMachinery2023-04-012024-03-3100794384ns5:MotorVehicles2023-04-012024-03-3100794384ns5:ComputerEquipment2023-04-012024-03-3100794384ns5:PlantMachinery2023-03-3100794384ns5:MotorVehicles2023-03-3100794384ns5:ComputerEquipment2023-03-3100794384ns5:PlantMachinery2024-03-3100794384ns5:MotorVehicles2024-03-3100794384ns5:ComputerEquipment2024-03-3100794384ns5:PlantMachinery2023-03-3100794384ns5:MotorCars2023-03-3100794384ns5:ComputerEquipment2023-03-3100794384ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3100794384ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 00794384 (England and Wales)







Financial Statements for the Year Ended 31st March 2024

for

Hills Of Ledbury Limited

Hills Of Ledbury Limited (Registered number: 00794384)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Hills Of Ledbury Limited

Company Information
for the Year Ended 31st March 2024







DIRECTORS: C J Hitchings
J Hitchings
N A Hitchings
R M Hatton
H J Hitchings
C J Hitchings





SECRETARY: J Hitchings





REGISTERED OFFICE: 4 Merebrook Close
Upper Welland
Malvern
Worcestershire
WR14 4JW





REGISTERED NUMBER: 00794384 (England and Wales)





ACCOUNTANTS: The Richards Sandy Partnership
Thorneloe House
25 Barbourne Road
Worcester
Worcestershire
WR1 1RU

Hills Of Ledbury Limited (Registered number: 00794384)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 105,342 57,811

CURRENT ASSETS
Stocks 80,000 145,000
Debtors 5 11,331 14,434
Cash at bank and in hand 3,733,891 3,971,478
3,825,222 4,130,912
CREDITORS
Amounts falling due within one year 6 25,340 34,722
NET CURRENT ASSETS 3,799,882 4,096,190
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,905,224

4,154,001

CAPITAL AND RESERVES
Called up share capital 105 105
Capital redemption reserve 130 130
Retained earnings 3,904,989 4,153,766
3,905,224 4,154,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16th September 2024 and were signed on its behalf by:





R M Hatton - Director


Hills Of Ledbury Limited (Registered number: 00794384)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

Hills Of Ledbury 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. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
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. 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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Hills Of Ledbury Limited (Registered number: 00794384)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st April 2023 486 169,371 1,554 171,411
Additions - 98,035 482 98,517
Disposals - (128,450 ) - (128,450 )
At 31st March 2024 486 138,956 2,036 141,478
DEPRECIATION
At 1st April 2023 480 112,444 676 113,600
Charge for year 1 18,727 419 19,147
Eliminated on disposal - (96,611 ) - (96,611 )
At 31st March 2024 481 34,560 1,095 36,136
NET BOOK VALUE
At 31st March 2024 5 104,396 941 105,342
At 31st March 2023 6 56,927 878 57,811

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,936 2,094
VAT 3,401 3,689
Prepayments 5,994 8,651
11,331 14,434

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 5,321
Social security and other taxes 1,973 1,912
Accrued expenses 23,367 27,489
25,340 34,722