IRIS Accounts Production v24.2.0.383 12363649 director 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh123636492022-12-31123636492023-12-31123636492023-01-012023-12-31123636492021-12-31123636492022-01-012022-12-31123636492022-12-3112363649ns15:EnglandWales2023-01-012023-12-3112363649ns14:PoundSterling2023-01-012023-12-3112363649ns10:Director12023-01-012023-12-3112363649ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3112363649ns10:SmallEntities2023-01-012023-12-3112363649ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3112363649ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3112363649ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3112363649ns10:FullAccounts2023-01-012023-12-3112363649ns10:RegisteredOffice2023-01-012023-12-3112363649ns5:CurrentFinancialInstruments2023-12-3112363649ns5:CurrentFinancialInstruments2022-12-3112363649ns5:ShareCapital2023-12-3112363649ns5:ShareCapital2022-12-3112363649ns5:RetainedEarningsAccumulatedLosses2023-12-3112363649ns5:RetainedEarningsAccumulatedLosses2022-12-3112363649ns5:PlantMachinery2022-12-3112363649ns5:PlantMachinery2023-01-012023-12-3112363649ns5:PlantMachinery2023-12-3112363649ns5:PlantMachinery2022-12-3112363649ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3112363649ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-31
REGISTERED NUMBER: 12363649 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

The Hesdev Oak Limited

The Hesdev Oak Limited (Registered number: 12363649)

Contents of the Financial Statements
for the year ended 31 December 2023










Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


The Hesdev Oak Limited

Company Information
for the year ended 31 December 2023







Director: S J Heslop





Registered office: Unit 1 Park Farm Industrial Units
Longstone Lane
Bakewell
Derbyshire
DE45 1NH





Registered number: 12363649 (England and Wales)





Accountants: Chris Edwards
Chartered Accountants
Clamarpen 17 Napier Court
Gander Lane
Barlborough
Chesterfield
Derbyshire
S43 4PZ

The Hesdev Oak Limited (Registered number: 12363649)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 98,214 53,323

Current assets
Stocks 8,644 8,644
Debtors 5 11,587 7,204
Cash at bank and in hand 100,075 96,704
120,306 112,552
Creditors
Amounts falling due within one year 6 479,216 243,590
Net current liabilities (358,910 ) (131,038 )
Total assets less current liabilities (260,696 ) (77,715 )

Capital and reserves
Called up share capital 1 1
Retained earnings (260,697 ) (77,716 )
(260,696 ) (77,715 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2024 and were signed by:





S J Heslop - Director


The Hesdev Oak Limited (Registered number: 12363649)

Notes to the Financial Statements
for the year ended 31 December 2023


1. STATUTORY INFORMATION

The Hesdev Oak 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 48 (2022 - 43 ) .

The Hesdev Oak Limited (Registered number: 12363649)

Notes to the Financial Statements - continued
for the year ended 31 December 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
Cost
At 1 January 2023 56,911
Additions 59,683
At 31 December 2023 116,594
Depreciation
At 1 January 2023 3,588
Charge for year 14,792
At 31 December 2023 18,380
Net book value
At 31 December 2023 98,214
At 31 December 2022 53,323

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,900 1,514
Other debtors 9,687 5,690
11,587 7,204

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 66,301 47,162
Amounts owed to group undertakings 281,264 129,064
Taxation and social security 107,511 50,453
Other creditors 24,140 16,911
479,216 243,590