REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st January 2024 |
for |
Hayhurst Holdings Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st January 2024 |
for |
Hayhurst Holdings Limited |
Hayhurst Holdings Limited (Registered number: 09785502) |
Contents of the Financial Statements |
for the year ended 31st January 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Hayhurst Holdings Limited |
Company Information |
for the year ended 31st January 2024 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Black Bull House |
353-355 Station Road |
Bamber Bridge |
Preston |
Lancashire |
PR5 6EE |
Hayhurst Holdings Limited (Registered number: 09785502) |
Balance Sheet |
31st January 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
Hayhurst Holdings Limited (Registered number: 09785502) |
Balance Sheet - continued |
31st January 2024 |
The financial statements were approved by the director and authorised for issue on |
Hayhurst Holdings Limited (Registered number: 09785502) |
Notes to the Financial Statements |
for the year ended 31st January 2024 |
1. | STATUTORY INFORMATION |
Hayhurst Holdings Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Land and buildings | - |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Hayhurst Holdings Limited (Registered number: 09785502) |
Notes to the Financial Statements - continued |
for the year ended 31st January 2024 |
4. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 1st February 2023 |
and 31st January 2024 |
DEPRECIATION |
At 1st February 2023 |
Charge for year |
At 31st January 2024 |
NET BOOK VALUE |
At 31st January 2024 |
At 31st January 2023 |
5. | FIXED ASSET INVESTMENTS |
Shares in |
group | Other |
undertakings | investments | Totals |
£ | £ | £ |
COST |
At 1st February 2023 | 140,100 |
Disposals | ( |
) | (100 | ) |
At 31st January 2024 | 140,000 |
NET BOOK VALUE |
At 31st January 2024 | 140,000 |
At 31st January 2023 | 140,100 |
The shares in group undertakings relate to Two10 Investment Services Limited which is a 100% owned subsidiary of the company. |
At the end of its latest financial year (31 December 2023), Two10 Investment Investment Services Limited had aggregate capital and reserves of £128,763 (2022 - £96,954). |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans |
Hayhurst Holdings Limited (Registered number: 09785502) |
Notes to the Financial Statements - continued |
for the year ended 31st January 2024 |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
2024 | 2023 |
£ | £ |
Bank loans |
The bank loan is secured by a charge over the company's land and buildings and by a fixed and floating charge over its assets. |
9. | RELATED PARTY DISCLOSURES |
The director is also a director of Validus Wealth Management Limited. |
As at 31 January 2024, the company owed Validus Wealth Management Limited £353,491 (2023 - £351,009). No interest was charged on the loan (2023 - nil). |
10. | ULTIMATE CONTROLLING PARTY |
The controlling party is Mr W A Hayhurst. |