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REGISTERED NUMBER: 00669258 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

I.HAYWARD LIMITED

I.HAYWARD LIMITED (REGISTERED NUMBER: 00669258)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


I.HAYWARD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: C Hayward
Miss C L Hayward





SECRETARY: C Hayward





REGISTERED OFFICE: Gardden Industrial Estate
Ruabon
Wrexham
LL14 6RG





REGISTERED NUMBER: 00669258 (England and Wales)





ACCOUNTANTS: Guy Walmsley Limited
Chartered Accountants
3 Grove Road
Wrexham
LL11 1DY

I.HAYWARD LIMITED (REGISTERED NUMBER: 00669258)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 139,897 150,087
Investments 5 434,845 433,840
574,742 583,927

CURRENT ASSETS
Stocks 288,375 280,000
Debtors 6 70,701 49,105
Cash at bank and in hand 183,131 340,498
542,207 669,603
CREDITORS
Amounts falling due within one year 7 385,789 430,091
NET CURRENT ASSETS 156,418 239,512
TOTAL ASSETS LESS CURRENT
LIABILITIES

731,160

823,439

CAPITAL AND RESERVES
Called up share capital 1,700 1,700
Capital redemption reserve 3,300 3,300
Retained earnings 726,160 818,439
SHAREHOLDERS' FUNDS 731,160 823,439

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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.

I.HAYWARD LIMITED (REGISTERED NUMBER: 00669258)

BALANCE SHEET - continued
31 OCTOBER 2023


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 October 2024 and were signed on its behalf by:




C Hayward - Director



Miss C L Hayward - Director


I.HAYWARD LIMITED (REGISTERED NUMBER: 00669258)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

I.Hayward 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

I.HAYWARD LIMITED (REGISTERED NUMBER: 00669258)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
Defined pension contributions arrangements are made for the directors. The company's contributions are charged against the profit and loss account in the year in which they are made. The assets of the pension scheme are held separately from those of the company in an independently administered fund.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Freehold Long Plant and
property leasehold machinery
£    £    £   
COST
At 1 November 2022 39,143 27,744 639,186
Additions - - 11,000
At 31 October 2023 39,143 27,744 650,186
DEPRECIATION
At 1 November 2022 29,703 10,545 531,183
Charge for year 783 555 17,849
At 31 October 2023 30,486 11,100 549,032
NET BOOK VALUE
At 31 October 2023 8,657 16,644 101,154
At 31 October 2022 9,440 17,199 108,003

I.HAYWARD LIMITED (REGISTERED NUMBER: 00669258)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 November 2022 19,314 150,185 875,572
Additions 870 - 11,870
At 31 October 2023 20,184 150,185 887,442
DEPRECIATION
At 1 November 2022 12,128 141,926 725,485
Charge for year 808 2,065 22,060
At 31 October 2023 12,936 143,991 747,545
NET BOOK VALUE
At 31 October 2023 7,248 6,194 139,897
At 31 October 2022 7,186 8,259 150,087

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 November 2022 433,840
Additions 10,846
Disposals (9,841 )
At 31 October 2023 434,845
NET BOOK VALUE
At 31 October 2023 434,845
At 31 October 2022 433,840

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 68,207 46,649
Other debtors 2,494 2,456
70,701 49,105

I.HAYWARD LIMITED (REGISTERED NUMBER: 00669258)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 11,421 19,834
Taxation and social security 61,393 94,991
Other creditors 312,975 315,266
385,789 430,091