Company Registration No. 13292924 (England and Wales)
HAZEL HYDRAULICS AND ENGINEERING LTD
Unaudited accounts
for the year ended 31 March 2024
HAZEL HYDRAULICS AND ENGINEERING LTD
Unaudited accounts
Contents
HAZEL HYDRAULICS AND ENGINEERING LTD
Company Information
for the year ended 31 March 2024
Company Number
13292924 (England and Wales)
Registered Office
SUITE 1 CHRISTCHURCH HOUSE
SIR THOMAS LONGLEY ROAD
ROCHESTER
ME2 4FX
Accountants
AK Tax & Accountancy Ltd
Suite 1 Christchurch House
Sir Thomas Longley Road
Rochester
Kent
ME24FX
HAZEL HYDRAULICS AND ENGINEERING LTD
Statement of financial position
as at 31 March 2024
Tangible assets
66,694
52,758
Cash at bank and in hand
10,231
30,980
Creditors: amounts falling due within one year
(98,550)
(76,939)
Net current (liabilities)/assets
(27,165)
4,808
Called up share capital
100
100
Profit and loss account
39,429
57,466
Shareholders' funds
39,529
57,566
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 September 2024 and were signed on its behalf by
Matt Hazel
Director
Company Registration No. 13292924
HAZEL HYDRAULICS AND ENGINEERING LTD
Notes to the Accounts
for the year ended 31 March 2024
HAZEL HYDRAULICS AND ENGINEERING LTD is a private company, limited by shares, registered in England and Wales, registration number 13292924. The registered office is SUITE 1 CHRISTCHURCH HOUSE, SIR THOMAS LONGLEY ROAD, ROCHESTER, ME2 4FX.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% cost
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
62,093
11,000
608
1,644
75,345
Additions
-
38,606
-
274
38,880
Disposals
-
(3,000)
-
-
(3,000)
At 31 March 2024
62,093
46,606
608
1,918
111,225
At 1 April 2023
17,409
4,250
155
773
22,587
Charge for the year
11,171
10,777
113
633
22,694
On disposals
-
(750)
-
-
(750)
At 31 March 2024
28,580
14,277
268
1,406
44,531
At 31 March 2024
33,513
32,329
340
512
66,694
At 31 March 2023
44,684
6,750
453
871
52,758
HAZEL HYDRAULICS AND ENGINEERING LTD
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
58,337
42,028
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
30,369
-
Trade creditors
6,945
37,577
Taxes and social security
13,844
10,128
Loans from directors
46,713
29,234
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Average number of employees
During the year the average number of employees was 2 (2023: 2).