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REGISTERED NUMBER: 02893600 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

HAVELOCK ESTATES LIMITED

HAVELOCK ESTATES LIMITED (REGISTERED NUMBER: 02893600)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HAVELOCK ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: A Bree
Mrs J A Bree
C J Prenton





SECRETARY: Mrs J A Bree





REGISTERED OFFICE: 21 The Waterfront
Eastbourne
East Sussex
BN23 5UZ





REGISTERED NUMBER: 02893600 (England and Wales)





ACCOUNTANTS: Watson Associates (Professional Services) Limited
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW

HAVELOCK ESTATES LIMITED (REGISTERED NUMBER: 02893600)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 1,832
- 1,832

CURRENT ASSETS
Debtors 6 106,878 67,415
Cash at bank and in hand 14,032 32,286
120,910 99,701
CREDITORS
Amounts falling due within one year 7 (72,325 ) (45,753 )
NET CURRENT ASSETS 48,585 53,948
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,585

55,780

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 48,485 55,680
SHAREHOLDERS' FUNDS 48,585 55,780

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

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 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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:




A Bree - Director


HAVELOCK ESTATES LIMITED (REGISTERED NUMBER: 02893600)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Havelock Estates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of businesses in 2004 and 2007, is being amortised evenly over their estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 15% on reducing balance

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 4 (2023 - 6 ) .

HAVELOCK ESTATES LIMITED (REGISTERED NUMBER: 02893600)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 35,000
AMORTISATION
At 1 April 2023
and 31 March 2024 35,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 April 2023
and 31 March 2024 23,254
DEPRECIATION
At 1 April 2023 21,422
Charge for year 1,832
At 31 March 2024 23,254
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 1,832

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,272 17,735
Amounts owed by participating interests 96,606 39,606
Other debtors 1,000 10,074
106,878 67,415

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 11,726 15,008
Taxation and social security 57,942 28,745
Other creditors 2,657 2,000
72,325 45,753

HAVELOCK ESTATES LIMITED (REGISTERED NUMBER: 02893600)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. RELATED PARTY DISCLOSURES

During the current and previous year, the company was under the control of Mr A Bree, the company's director.

At the year end the company was owed £69,762 (2023 £12,762) from Seven Sisters Investments Limited and £26,844 (2023: £26,844) from EZ Scaffolding Limited. Both of these companies are controlled by Mr A Bree.