2023-04-01 00644249 2024-03-31 00644249 2023-04-01 2024-03-31 00644249 2023-03-31 00644249 2022-04-01 2023-03-31 00644249 uk-core:WithinOneYear 2023-03-31 00644249 uk-core:WithinOneYear 2024-03-31 00644249 uk-core:ShareCapital 2024-03-31 00644249 uk-core:ShareCapital 2023-03-31 00644249 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 00644249 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 00644249 uk-core:OtherMiscellaneousReserve 2024-03-31 00644249 uk-bus:Director1 2023-04-01 2024-03-31 00644249 uk-core:LandBuildings 2023-04-01 2024-03-31 00644249 uk-core:CommercialMotorVehicles 2023-04-01 2024-03-31 00644249 uk-core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 00644249 uk-core:FurnitureFittingsToolsEquipment 2023-03-31 00644249 uk-core:CommercialMotorVehicles 2023-03-31 00644249 uk-core:LandBuildings 2023-03-31 00644249 uk-core:LandBuildings 2024-03-31 00644249 uk-core:CommercialMotorVehicles 2024-03-31 00644249 uk-core:FurnitureFittingsToolsEquipment 2024-03-31 iso4217:GBP xbrli:pure 00644249 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 00644249 uk-bus:FRS102 2023-04-01 2024-03-31 00644249 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 00644249 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Halls (Wickford) Limited
Registered Number:00644249
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
Registered Number :
00644249
As at 31 March 2024
Halls (Wickford) Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
27,657
28,599
2
27,657
28,599
Current assets
Inventories
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
Capital and reserves
Called up share capital
500
500
Retained earnings
64,497
70,831
Other reserves
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.
C.J.Hall Director
These financial statements were approved and authorised for issue by the Board on 27 August 2024 and were signed by:
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Registered Number :
00644249
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.
Registered address:
71 High Street
Wickford
Essex
SS12 9AQ
The presentation currency is £ sterling.
1. Accounting policies
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
5% Straight line
25% Reducing balance
Motor vehicles
25% Reducing balance
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
Total
Fixtures and
fittings
Motor vehicles
Leasehold
land and
buildings
£
£
£
£
Cost or
valuation
At 01 April 2023
97,171
36,239
13,728
47,204
At 31 March 2024
47,204
13,728
36,239
97,171
Provision for depreciation and impairment
At 01 April 2023
68,572
35,724
12,425
20,423
Charge for year
942
128
326
488
At 31 March 2024
69,514
35,852
12,751
20,911
At 31 March 2024
Net book value
26,293
977
387
27,657
At 31 March 2023
26,781
1,303
515
28,599
3. Inventories
2023
2024
£
£
Stocks
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
£
£
Trade creditors
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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