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Company Registration No. 04817107 (England and Wales)
Halstone Limited Unaudited accounts for the year ended 30 January 2024
Halstone Limited Unaudited accounts Contents
Page
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Halstone Limited Company Information for the year ended 30 January 2024
Directors
Rachael Robertson James Robertson
Secretary
Rachael Robertson
Company Number
04817107 (England and Wales)
Registered Office
Brightwell Grange Britwell Road Burnham Slough SL1 8DF United Kingdom
Accountants
Blue Cube Accountants Limited Britwell Grange Britwell Road Burnham SL1 8DF
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Halstone Limited Statement of financial position as at 30 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
2 
2 
Tangible assets
92,862 
79,178 
92,864 
79,180 
Current assets
Inventories
50,488 
49,033 
Debtors
568,226 
527,806 
Cash at bank and in hand
72 
103,960 
618,786 
680,799 
Creditors: amounts falling due within one year
(762,670)
(791,336)
Net current liabilities
(143,884)
(110,537)
Total assets less current liabilities
(51,020)
(31,357)
Creditors: amounts falling due after more than one year
(187,500)
(337,500)
Net liabilities
(238,520)
(368,857)
Capital and reserves
Called up share capital
600 
600 
Profit and loss account
(239,120)
(369,457)
Shareholders' funds
(238,520)
(368,857)
For the year ending 30 January 2024 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 September 2024 and were signed on its behalf by
James Robertson Director Company Registration No. 04817107
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Halstone Limited Notes to the Accounts for the year ended 30 January 2024
1
Statutory information
Halstone Limited is a private company, limited by shares, registered in England and Wales, registration number 04817107. The registered office is Brightwell Grange, Britwell Road Burnham, Slough, SL1 8DF, United Kingdom.
2
Accounting policies
Basis of preparation
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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.
Presentation currency
The accounts are presented in £ sterling.
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 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:
Land & buildings
18years reducing balance
Fixtures & fittings
20% on reducing balance
Computer equipment
20% on reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
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 taxation
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.
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Halstone Limited Notes to the Accounts for the year ended 30 January 2024
Pension costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charge to the profit & loss account in the period to which they relate.
Going concern
The company will continue to be fully supported by the directors.
3
Intangible fixed assets
Other 
£ 
Cost
At 31 January 2023
16,593 
At 30 January 2024
16,593 
Amortisation
At 31 January 2023
16,591 
At 30 January 2024
16,591 
Net book value
At 30 January 2024
2 
At 30 January 2023
2 
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 31 January 2023
115,000 
583,175 
38,868 
737,043 
Additions
- 
15,331 
18,003 
33,334 
Disposals
- 
- 
(4,140)
(4,140)
At 30 January 2024
115,000 
598,506 
52,731 
766,237 
Depreciation
At 31 January 2023
115,000 
514,425 
28,440 
657,865 
Charge for the year
- 
14,516 
1,822 
16,338 
On disposals
- 
- 
(828)
(828)
At 30 January 2024
115,000 
528,941 
29,434 
673,375 
Net book value
At 30 January 2024
- 
69,565 
23,297 
92,862 
At 30 January 2023
- 
68,750 
10,428 
79,178 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
101,278 
112,196 
Amounts due from group undertakings etc.
379,450 
315,443 
Accrued income and prepayments
84,823 
97,327 
Other debtors
2,675 
2,840 
568,226 
527,806 
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Halstone Limited Notes to the Accounts for the year ended 30 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
187,432 
150,000 
VAT
108,639 
30,192 
Trade creditors
395,713 
542,047 
Amounts owed to group undertakings and other participating interests
68 
68 
Taxes and social security
17,601 
15,448 
Other creditors
2,643 
2,787 
Accruals
50,574 
50,794 
762,670 
791,336 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
187,500 
337,500 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
540 Ordinary A shares of £1 each
540 
540 
60 Ordinary B shares of £1 each
60 
60 
600 
600 
9
Transactions with related parties
Included in Debtors are the following inter-company balances: Dine & Gift Limited £5,932 (2023 - £4,429) Rare & Flare Limited £3,892 (2023 - £Nil) Ogilviedavies Limited £368,841 (2023 - £223,914) Bacana Sangria Limited £1,550 (2023 - £1,550) M&J Sauces Limited £Nil (2023 - £6,200) Rickham Limited £Nil (2023 - £79,350) Included in Creditors are the following inter-company balances: First & Last Limited £68 (2023 - £68) Ogilviedavies Limited £46,198 (2023 - £121,192) Dine & Gift Limited £94 (2023 - £214) Rare and Flarre Limited £Nil (2023: £42676) All of the above companies are owned and controlled by the directors. During the year £1,139,331 (2023 - £807,248) was paid to Ogilviedavies Limited for management fees.
10
Average number of employees
During the year the average number of employees was 45 (2023: 34).
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