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REGISTERED NUMBER: 03307542 (England and Wales)















Unaudited Financial Statements For The Year Ended 31 March 2024

for

G & M Hartshorne Limited

G & M Hartshorne Limited (Registered number: 03307542)






Contents of the Financial Statements
For The Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G & M Hartshorne Limited

Company Information
For The Year Ended 31 March 2024







DIRECTORS: Mr Gary Christopher Hartshorne
Mr Michael Richard Hartshorne





SECRETARY: Mrs Jillian Winifred Hartshorne





REGISTERED OFFICE: Featherfield Poultry Farm
Plaistow Green
Tansley
Matlock
Derbyshire
DE4 5GX





REGISTERED NUMBER: 03307542 (England and Wales)





ACCOUNTANTS: Pedley & Co.
82 Nottingham Road
Somercotes
Alfreton
Derbyshire
DE55 4LY

G & M Hartshorne Limited (Registered number: 03307542)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,256,614 2,347,552

CURRENT ASSETS
Stocks 141,413 30,310
Debtors 5 618,681 922,541
Prepayments and accrued income 38,431 27,224
Cash at bank and in hand 1,796,994 1,821,540
2,595,519 2,801,615
CREDITORS
Amounts falling due within one year 6 228,973 358,169
NET CURRENT ASSETS 2,366,546 2,443,446
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,623,160

4,790,998

PROVISIONS FOR LIABILITIES 151,775 130,668
NET ASSETS 4,471,385 4,660,330

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 4,471,383 4,660,328
SHAREHOLDERS' FUNDS 4,471,385 4,660,330

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.

G & M Hartshorne Limited (Registered number: 03307542)

Balance Sheet - continued
31 March 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 Board of Directors and authorised for issue on 14 August 2024 and were signed on its behalf by:





Mr Michael Richard Hartshorne - Director


G & M Hartshorne Limited (Registered number: 03307542)

Notes to the Financial Statements
For The Year Ended 31 March 2024

1. STATUTORY INFORMATION

G & M Hartshorne 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.
Improvements to property - 25% on reducing balance
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

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.

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 26 (2023 - 28 ) .

G & M Hartshorne Limited (Registered number: 03307542)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 April 2023 1,650,540 346,755 335,165
Additions - - 7,825
Disposals - - -
At 31 March 2024 1,650,540 346,755 342,990
DEPRECIATION
At 1 April 2023 - 337,471 294,985
Charge for year - 2,321 12,001
Eliminated on disposal - - -
At 31 March 2024 - 339,792 306,986
NET BOOK VALUE
At 31 March 2024 1,650,540 6,963 36,004
At 31 March 2023 1,650,540 9,284 40,180

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 April 2023 11,963 2,275,867 4,620,290
Additions - 141,275 149,100
Disposals - (202,876 ) (202,876 )
At 31 March 2024 11,963 2,214,266 4,566,514
DEPRECIATION
At 1 April 2023 10,882 1,629,400 2,272,738
Charge for year 270 187,432 202,024
Eliminated on disposal - (164,862 ) (164,862 )
At 31 March 2024 11,152 1,651,970 2,309,900
NET BOOK VALUE
At 31 March 2024 811 562,296 2,256,614
At 31 March 2023 1,081 646,467 2,347,552

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 618,681 928,822
Other debtors - (6,281 )
618,681 922,541

G & M Hartshorne Limited (Registered number: 03307542)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 122,781 96,855
Taxation and social security 99,719 255,476
Other creditors 6,473 5,838
228,973 358,169