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REGISTERED NUMBER: 10723950 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

HARTLAND CONSTRUCTION LIMITED

HARTLAND CONSTRUCTION LIMITED (REGISTERED NUMBER: 10723950)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HARTLAND CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: L Hartland





REGISTERED OFFICE: 3 Neptune Court
Vanguard Way
Cardiff
Glamorgan
CF24 5PJ





REGISTERED NUMBER: 10723950 (England and Wales)





ACCOUNTANTS: DAVID WRIGHT ACCOUNTANTS LIMITED
Unit 10
Bridgend Business Park
Bennett Street
Bridgend
Glamorgan
CF31 3SH

HARTLAND CONSTRUCTION LIMITED (REGISTERED NUMBER: 10723950)

BALANCE SHEET
29 FEBRUARY 2024

29/2/24 28/2/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 143,602 100,255

CURRENT ASSETS
Stocks 798,244 522,033
Debtors 5 326,126 232,109
Cash at bank 52,562 11,706
1,176,932 765,848
CREDITORS
Amounts falling due within one year 6 266,942 90,452
NET CURRENT ASSETS 909,990 675,396
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,053,592

775,651

CREDITORS
Amounts falling due after more than one year 7 (62,601 ) (31,267 )

PROVISIONS FOR LIABILITIES (26,421 ) (19,048 )
NET ASSETS 964,570 725,336

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 964,568 725,334
964,570 725,336

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

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.

HARTLAND CONSTRUCTION LIMITED (REGISTERED NUMBER: 10723950)

BALANCE SHEET - continued
29 FEBRUARY 2024


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 director and authorised for issue on 21 October 2024 and were signed by:





L Hartland - Director


HARTLAND CONSTRUCTION LIMITED (REGISTERED NUMBER: 10723950)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. STATUTORY INFORMATION

Hartland Construction 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on cost and 15% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

HARTLAND CONSTRUCTION LIMITED (REGISTERED NUMBER: 10723950)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 196,163
Additions 121,961
Disposals (30,915 )
At 29 February 2024 287,209
DEPRECIATION
At 1 March 2023 95,908
Charge for year 63,180
Eliminated on disposal (15,481 )
At 29 February 2024 143,607
NET BOOK VALUE
At 29 February 2024 143,602
At 28 February 2023 100,255

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 99,230
At 29 February 2024 99,230
DEPRECIATION
Charge for year 16,725
At 29 February 2024 16,725
NET BOOK VALUE
At 29 February 2024 82,505

HARTLAND CONSTRUCTION LIMITED (REGISTERED NUMBER: 10723950)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/2/24 28/2/23
£    £   
Trade debtors 160,417 229,216
Other debtors 165,709 2,893
326,126 232,109

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/2/24 28/2/23
£    £   
Bank loans and overdrafts 10,000 10,042
Hire purchase contracts 19,158 5,011
Trade creditors 79,421 145,395
Taxation and social security 99,160 (75,878 )
Other creditors 59,203 5,882
266,942 90,452

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29/2/24 28/2/23
£    £   
Bank loans 13,334 23,291
Hire purchase contracts 49,267 7,976
62,601 31,267

8. SECURED DEBTS

The following secured debts are included within creditors:

29/2/24 28/2/23
£    £   
Hire purchase contracts 68,425 12,987

9. RELATED PARTY DISCLOSURES

Lee Hartland owns a 50% interest in Oliver George Project Management Limited.

During the year the company was invoiced for management charges from Oliver George Project Management Limited in the sums of £273,500 (2023- £338,000 ).

At the year end there was an amount due to Oliver George Project Management Limited of Nil (2023-Nil).

At the year end there was an intercompany balance owed from Oliver George Project Management Limited of £139,080 ( 2023- Nil)