2023-03-012024-02-292024-02-29false03034795JOHN HALTON DESIGN LIMITED2024-11-1371111iso4217:GBPxbrli:pure030347952023-03-01030347952024-02-29030347952023-03-012024-02-29030347952022-03-01030347952023-02-28030347952022-03-012023-02-2803034795bus:SmallEntities2023-03-012024-02-2903034795bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2903034795bus:FullAccounts2023-03-012024-02-2903034795bus:PrivateLimitedCompanyLtd2023-03-012024-02-2903034795core:WithinOneYear2024-02-2903034795core:AfterOneYear2024-02-2903034795core:WithinOneYear2023-02-2803034795core:AfterOneYear2023-02-2803034795core:ShareCapital2024-02-2903034795core:SharePremium2024-02-2903034795core:RevaluationReserve2024-02-2903034795core:OtherReservesSubtotal2024-02-2903034795core:RetainedEarningsAccumulatedLosses2024-02-2903034795core:ShareCapital2023-02-2803034795core:SharePremium2023-02-2803034795core:RevaluationReserve2023-02-2803034795core:OtherReservesSubtotal2023-02-2803034795core:RetainedEarningsAccumulatedLosses2023-02-2803034795core:LandBuildings2024-02-2903034795core:PlantMachinery2024-02-2903034795core:Vehicles2024-02-2903034795core:FurnitureFittings2024-02-2903034795core:OfficeEquipment2024-02-2903034795core:NetGoodwill2024-02-2903034795core:IntangibleAssetsOtherThanGoodwill2024-02-2903034795core:ListedExchangeTraded2024-02-2903034795core:UnlistedNon-exchangeTraded2024-02-2903034795core:LandBuildings2023-02-2803034795core:PlantMachinery2023-02-2803034795core:Vehicles2023-02-2803034795core:FurnitureFittings2023-02-2803034795core:OfficeEquipment2023-02-2803034795core:NetGoodwill2023-02-2803034795core:IntangibleAssetsOtherThanGoodwill2023-02-2803034795core:ListedExchangeTraded2023-02-2803034795core:UnlistedNon-exchangeTraded2023-02-2803034795core:LandBuildings2023-03-012024-02-2903034795core:PlantMachinery2023-03-012024-02-2903034795core:Vehicles2023-03-012024-02-2903034795core:FurnitureFittings2023-03-012024-02-2903034795core:OfficeEquipment2023-03-012024-02-2903034795core:NetGoodwill2023-03-012024-02-2903034795core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2903034795core:ListedExchangeTraded2023-03-012024-02-2903034795core:UnlistedNon-exchangeTraded2023-03-012024-02-2903034795core:MoreThanFiveYears2023-03-012024-02-2903034795core:Non-currentFinancialInstruments2024-02-2903034795core:Non-currentFinancialInstruments2023-02-2803034795dpl:CostSales2023-03-012024-02-2903034795dpl:DistributionCosts2023-03-012024-02-2903034795core:LandBuildings2023-03-012024-02-2903034795core:PlantMachinery2023-03-012024-02-2903034795core:Vehicles2023-03-012024-02-2903034795core:FurnitureFittings2023-03-012024-02-2903034795core:OfficeEquipment2023-03-012024-02-2903034795dpl:AdministrativeExpenses2023-03-012024-02-2903034795core:NetGoodwill2023-03-012024-02-2903034795core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2903034795dpl:GroupUndertakings2023-03-012024-02-2903034795dpl:ParticipatingInterests2023-03-012024-02-2903034795dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2903034795core:ListedExchangeTraded2023-03-012024-02-2903034795dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2903034795core:UnlistedNon-exchangeTraded2023-03-012024-02-2903034795dpl:CostSales2022-03-012023-02-2803034795dpl:DistributionCosts2022-03-012023-02-2803034795core:LandBuildings2022-03-012023-02-2803034795core:PlantMachinery2022-03-012023-02-2803034795core:Vehicles2022-03-012023-02-2803034795core:FurnitureFittings2022-03-012023-02-2803034795core:OfficeEquipment2022-03-012023-02-2803034795dpl:AdministrativeExpenses2022-03-012023-02-2803034795core:NetGoodwill2022-03-012023-02-2803034795core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2803034795dpl:GroupUndertakings2022-03-012023-02-2803034795dpl:ParticipatingInterests2022-03-012023-02-2803034795dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2803034795core:ListedExchangeTraded2022-03-012023-02-2803034795dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2803034795core:UnlistedNon-exchangeTraded2022-03-012023-02-2803034795core:NetGoodwill2024-02-2903034795core:IntangibleAssetsOtherThanGoodwill2024-02-2903034795core:LandBuildings2024-02-2903034795core:PlantMachinery2024-02-2903034795core:Vehicles2024-02-2903034795core:FurnitureFittings2024-02-2903034795core:OfficeEquipment2024-02-2903034795core:AfterOneYear2024-02-2903034795core:WithinOneYear2024-02-2903034795core:ListedExchangeTraded2024-02-2903034795core:UnlistedNon-exchangeTraded2024-02-2903034795core:ShareCapital2024-02-2903034795core:SharePremium2024-02-2903034795core:RevaluationReserve2024-02-2903034795core:OtherReservesSubtotal2024-02-2903034795core:RetainedEarningsAccumulatedLosses2024-02-2903034795core:NetGoodwill2023-02-2803034795core:IntangibleAssetsOtherThanGoodwill2023-02-2803034795core:LandBuildings2023-02-2803034795core:PlantMachinery2023-02-2803034795core:Vehicles2023-02-2803034795core:FurnitureFittings2023-02-2803034795core:OfficeEquipment2023-02-2803034795core:AfterOneYear2023-02-2803034795core:WithinOneYear2023-02-2803034795core:ListedExchangeTraded2023-02-2803034795core:UnlistedNon-exchangeTraded2023-02-2803034795core:ShareCapital2023-02-2803034795core:SharePremium2023-02-2803034795core:RevaluationReserve2023-02-2803034795core:OtherReservesSubtotal2023-02-2803034795core:RetainedEarningsAccumulatedLosses2023-02-2803034795core:NetGoodwill2022-03-0103034795core:IntangibleAssetsOtherThanGoodwill2022-03-0103034795core:LandBuildings2022-03-0103034795core:PlantMachinery2022-03-0103034795core:Vehicles2022-03-0103034795core:FurnitureFittings2022-03-0103034795core:OfficeEquipment2022-03-0103034795core:AfterOneYear2022-03-0103034795core:WithinOneYear2022-03-0103034795core:ListedExchangeTraded2022-03-0103034795core:UnlistedNon-exchangeTraded2022-03-0103034795core:ShareCapital2022-03-0103034795core:SharePremium2022-03-0103034795core:RevaluationReserve2022-03-0103034795core:OtherReservesSubtotal2022-03-0103034795core:RetainedEarningsAccumulatedLosses2022-03-0103034795core:AfterOneYear2023-03-012024-02-2903034795core:WithinOneYear2023-03-012024-02-2903034795core:Non-currentFinancialInstrumentscore:CostValuation2023-03-012024-02-2903034795core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-012024-02-2903034795core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-012024-02-2903034795core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-012024-02-2903034795core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-012024-02-2903034795core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-012024-02-2903034795core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2903034795core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2903034795core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2903034795core:Non-currentFinancialInstrumentscore:CostValuation2024-02-2903034795core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-02-2903034795core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-02-2903034795core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-02-2903034795core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-02-2903034795core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-02-2903034795core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-02-2903034795core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-02-2903034795core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-02-2903034795core:Non-currentFinancialInstrumentscore:CostValuation2023-02-2803034795core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-2803034795core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-2803034795core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-2803034795core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-2803034795core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-2803034795core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-2803034795core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-2803034795core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-2803034795bus:Director12023-03-012024-02-2903034795bus:Director22023-03-012024-02-29

JOHN HALTON DESIGN LIMITED

Registered Number
03034795
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

JOHN HALTON DESIGN LIMITED
Company Information
for the year from 1 March 2023 to 29 February 2024

Directors

A J Halton
J C Halton

Company Secretary

A J Halton

Registered Address

Church View, Church Lane
Brandon
Lincoln
NG32 2AP

Registered Number

03034795 (England and Wales)
JOHN HALTON DESIGN LIMITED
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets352,35961,024
52,35961,024
Current assets
Stocks4-5,000
Debtors53,68918,461
Cash at bank and on hand24,06558,558
27,75482,019
Creditors amounts falling due within one year6(13,965)(28,598)
Net current assets (liabilities)13,78953,421
Total assets less current liabilities66,148114,445
Provisions for liabilities7(9,948)(11,595)
Net assets56,200102,850
Capital and reserves
Called up share capital100100
Profit and loss account56,100102,750
Shareholders' funds56,200102,850
The financial statements were approved and authorised for issue by the Board of Directors on 13 November 2024, and are signed on its behalf by:
A J Halton
Director
Registered Company No. 03034795
JOHN HALTON DESIGN LIMITED
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Vehicles15
Office Equipment15
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20242023
Average number of employees during the year12
3.Tangible fixed assets

Vehicles

Office Equipment

Total

£££
Cost or valuation
At 01 March 2365,88313,24079,123
Additions-575575
At 29 February 2465,88313,81579,698
Depreciation and impairment
At 01 March 239,8828,21718,099
Charge for year8,4008409,240
At 29 February 2418,2829,05727,339
Net book value
At 29 February 2447,6014,75852,359
At 28 February 2356,0015,02361,024
4.Stocks

2024

2023

££
Work in progress-5,000
Total-5,000
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables-15,905
Prepayments and accrued income3,6892,556
Total3,68918,461
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables290956
Amounts owed to related parties1,367172
Taxation and social security47717,450
Other creditors9,5697,793
Accrued liabilities and deferred income2,2622,227
Total13,96528,598
7.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)9,94811,595
Total9,94811,595
8.Related party transactions
A loan account exists between the companies. At the balance sheet date, the amount owed to J A Holdings Limited was £1,367 (2023 £172).