Registered number: 06404223 | ||||||||
FOR THE YEAR ENDED 31/03/2024 | ||||||||
Prepared By: | ||||||||
JAN G GROMADZKI | ||||||||
CHARTERED ACCOUNTANT | ||||||||
13 WOLVERHAMPTON ROAD | ||||||||
CODSALL | ||||||||
WOLVERHAMPTON | ||||||||
WEST MIDLANDS | ||||||||
WV8 1PT |
HASTON REYNOLDS LTD | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2024 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
WEST MIDLANDS | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 06404223 | ||||||||
BANKERS | ||||||||
NATIONAL WESTMINSTER BANK Plc | ||||||||
ACCOUNTANTS | ||||||||
JAN G GROMADZKI | ||||||||
CHARTERED ACCOUNTANT | ||||||||
13 WOLVERHAMPTON ROAD | ||||||||
CODSALL | ||||||||
WOLVERHAMPTON | ||||||||
WEST MIDLANDS | ||||||||
WV8 1PT |
HASTON REYNOLDS LTD | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/03/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
HASTON REYNOLDS LTD | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 2 | |||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
86,720 | 74,506 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (8,026) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 36,467 | 57,133 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 8 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | |||||||||
Profit and loss account | 7,933 | 5,032 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
HASTON REYNOLDS LTD | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. | ||||||||
Commercial Vehicles | straight line20% | |||||||
Equipment | straight line10% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1d. Goodwill | ||||||||
1e. Basis Of Accounting FRS 1021 a | ||||||||
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. |
HASTON REYNOLDS LTD | ||||||||
2. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 01/04/2023 | 200,000 | 200,000 | ||
At 31/03/2024 | 200,000 | 200,000 | ||
Depreciation | ||||
At 01/04/2023 | 193,333 | 193,333 | ||
For the year | 1,000 | 1,000 | ||
At 31/03/2024 | 194,333 | 194,333 | ||
Net Book Amounts | ||||
At 31/03/2024 | ||||
At 31/03/2023 | ||||
3. TANGIBLE FIXED ASSETS | ||||||
Commercial | ||||||
Vehicles | Equipment | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/04/2023 | 71,289 | 36,182 | 107,471 | |||
Additions | - | 1,934 | 1,934 | |||
Disposals | - | (1,400) | (1,400) | |||
At 31/03/2024 | 71,289 | 36,716 | 108,005 | |||
Depreciation | ||||||
At 01/04/2023 | 14,256 | 22,358 | 36,614 | |||
Disposals | - | (1,400) | (1,400) | |||
For the year | 14,258 | 3,672 | 17,930 | |||
At 31/03/2024 | 28,514 | 24,630 | 53,144 | |||
Net Book Amounts | ||||||
At 31/03/2024 | 54,861 | |||||
At 31/03/2023 | 70,857 | |||||
4. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 20,952 | 17,363 | ||||||
Prepayments | 764 | 658 | ||||||
21,716 | 18,021 | |||||||
HASTON REYNOLDS LTD | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 17,200 | 9,904 | ||||||
VAT | 16,236 | 6,741 | ||||||
PAYE control | 1,302 | - | ||||||
Directors current account | 56,307 | 61,648 | ||||||
Trade creditors | 1,361 | 1,114 | ||||||
Accruals | 3,340 | 3,125 | ||||||
95,746 | 82,532 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Hire purchase >1yr | 36,467 | 57,133 | ||||||
36,467 | 57,133 | |||||||
7. EMPLOYEES | ||||||||
2024 | 2023 | |||||||
No. | No. | |||||||
Average number of employees | 4 | |||||||
Key management personnel is restricted to that of the two directors. | ||||||||
8. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 7,100 | 7,331 | ||||||
7,100 | 7,331 | |||||||
HASTON REYNOLDS LTD | ||||||||
9. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
2 | 2 | |||||||
2 | 2 | |||||||
10. CONTROLLING PARTY | ||||||||
The company is wholly owned in equal shares by the two directors Mr D A Haston and Mr I S Reynolds. | ||||||||
11. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||
12. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITY | ||||||||
The company operates as Chartered Surveyor and Project Manager for both residential and commercial properties, all of which is carried out within the United Kingdom. | ||||||||
13. GENERAL INFORMATION | ||||||||
Haston Reynolds Ltd is a private company limited by shares and incorporated in England. Its registered office is 13 Wolverhampton Road, Codsall, Wolverhampton, West Midlands, WV8 1PT. | ||||||||
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company. | ||||||||