M. & P. HARTNELL LIMITED

Company Registration Number:
04999794 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

M. & P. HARTNELL LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Additional notes
Balance sheet notes

M. & P. HARTNELL LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 16,619 21,989
Total fixed assets: 16,619 21,989
Current assets
Stocks: 4 510 475
Debtors: 5 1,796 6,222
Cash at bank and in hand: 33,339 67,612
Total current assets: 35,645 74,309
Creditors: amounts falling due within one year: 6 ( 33,431 ) ( 47,769 )
Net current assets (liabilities): 2,214 26,540
Total assets less current liabilities: 18,833 48,529
Creditors: amounts falling due after more than one year: 7 ( 10,962 ) ( 16,847 )
Provision for liabilities: ( 2,688 ) ( 3,781 )
Total net assets (liabilities): 5,183 27,901
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 5,083 27,801
Total Shareholders' funds: 5,183 27,901

The notes form part of these financial statements

M. & P. HARTNELL LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 30 September 2024
and signed on behalf of the board by:

Name: Mr P Hartnell
Status: Director

The notes form part of these financial statements

M. & P. HARTNELL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Plant and machinery-15% reducing balance Motor vehicles-25% reducing balance

    Valuation information and policy

    Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

    Other accounting policies

    The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period.

M. & P. HARTNELL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

M. & P. HARTNELL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 8,689 36,795 45,484
Additions
Disposals
Revaluations
Transfers
At 31 December 2023 8,689 36,795 45,484
Depreciation
At 1 January 2023 7,410 16,085 23,495
Charge for year 192 5,178 5,370
On disposals
Other adjustments
At 31 December 2023 7,602 21,263 28,865
Net book value
At 31 December 2023 1,087 15,532 16,619
At 31 December 2022 1,279 20,710 21,989

M. & P. HARTNELL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Stocks

2023 2022
£ £
Stocks 510 475
Total 510 475

M. & P. HARTNELL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors

2023 2022
£ £
Trade debtors 1,796 6,222
Total 1,796 6,222

M. & P. HARTNELL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 6,000 6,000
Trade creditors 2,692 8,219
Taxation and social security 21,642 31,222
Other creditors 3,097 2,328
Total 33,431 47,769

M. & P. HARTNELL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 10,962 16,847
Total 10,962 16,847

M. & P. HARTNELL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

8. Loans to directors

The Directors' loan accounts remained in credit throughout the year.