Registered Number:00644249 |
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
Halls (Wickford) Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
27,657
28,599
2
27,657
28,599
22,412
22,818
3
Trade and other receivables |
1,072
1,250
4
33,280
Cash and cash equivalents |
28,708
52,776
56,764
Trade and other payables: amounts falling due within one |
year |
(9,386)
(10,936)
5
47,378
41,840
Net current assets
Total assets less current liabilities |
69,497
75,977
-
(146)
Provisions for liabilities |
69,497
Net assets
75,831
500
500
64,497
70,831
4,500
4,500
69,497
75,831
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 27 August 2024 and were signed by: |
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For the year ended 31 March 2024
Halls (Wickford) Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 31 March 2024
Halls (Wickford) Limited
Notes to the Financial Statements
Statutory Information
Halls (Wickford) Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 00644249. |
71 High Street
Wickford
Essex
SS12 9AQ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Leasehold land and buildings
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 March 2024
Halls (Wickford) Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
Leasehold |
land and |
buildings |
97,171
36,239
13,728
47,204
47,204
13,728
36,239
97,171
Provision for depreciation and impairment |
68,572
35,724
12,425
20,423
Charge for year
942
128
326
488
69,514
35,852
12,751
20,911
26,293
977
387
27,657
26,781
1,303
515
28,599
2023
2024
22,818
22,412
4. Trade and other receivables |
2023
2024
Prepayments and accrued income |
1,250
1,072
5. Trade and other payables: amounts falling due within one year |
2023
2024
6,612
4,747
Taxation and social security |
2,644
2,689
Accruals and deferred income |
1,680
1,950
10,936
9,386
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For the year ended 31 March 2024
Halls (Wickford) Limited
Notes to the Financial Statements Continued
6. Related party transactions |
The company is jointly controlled by the Directors. There is no ultimate controlling party. |
During the period the following interim diviends were paid to the Directors of the company in respect of their equity |
shareholding in the company: |
Mr A.J.Hall - £6,000 (2023: £5,000) |
Mr C.J.Hall - £0 (2023: £0) |
Mrs S.J.Hall - £0 (2023: £0) |
7. Average number of persons employed |
During the year the average number of employees was 6 (2023 : 6)
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