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REGISTERED NUMBER: 04423693 (England and Wales)






















Pocklington H&F Limited

Unaudited Financial Statements for the Year Ended 29th February 2024






Pocklington H&F Limited (Registered number: 04423693)






Contents of the Financial Statements
for the year ended 29th February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pocklington H&F Limited

Company Information
for the year ended 29th February 2024







DIRECTOR: R W Winlow





REGISTERED OFFICE: 17 Market Place
Pocklington
York
YO42 2AS





REGISTERED NUMBER: 04423693 (England and Wales)





ACCOUNTANTS: Smailes Goldie Limited
Chartered Accountants
Regent's Court
Princess Street
Hull
East Yorkshire
HU2 8BA

Pocklington H&F Limited (Registered number: 04423693)

Balance Sheet
29th February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 137,003 177,903
137,003 177,903

CURRENT ASSETS
Stocks 18,886 20,783
Debtors 6 48,621 29,648
Cash at bank 368,812 294,760
436,319 345,191
CREDITORS
Amounts falling due within one year 7 205,029 176,849
NET CURRENT ASSETS 231,290 168,342
TOTAL ASSETS LESS CURRENT
LIABILITIES

368,293

346,245

CREDITORS
Amounts falling due after more than one
year

8

(32,585

)

(54,919

)

PROVISIONS FOR LIABILITIES (19,560 ) (11,019 )
NET ASSETS 316,148 280,307

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings 311,148 275,307
SHAREHOLDERS' FUNDS 316,148 280,307

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

The members have not required the company to obtain an audit of its financial statements for the year ended 29th 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.

Pocklington H&F Limited (Registered number: 04423693)

Balance Sheet - continued
29th 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28th November 2024 and were signed by:





R W Winlow - Director


Pocklington H&F Limited (Registered number: 04423693)

Notes to the Financial Statements
for the year ended 29th February 2024

1. STATUTORY INFORMATION

Pocklington H&F 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
The financial statements have been prepared in accordance with the applicable accounting standards including Section 1A "Small Entities" of Financial Reporting Standard 102 The Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. The company adopted FRS 102 in the current year and an explanation of how transition to FRS 102 has affected the reported financial position and performance is given in note 11.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 25% on cost and 14% on cost

Stocks
Stock is valued at the lower of cost and net realisable value. Cost is determined on an average cost basis. Net realisable value is based on estimated selling price allowing for all further costs of completion and disposal.

Tax
Current tax represents the amount of tax payable or receivable in respect of the taxable profit or (loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and periods deferred tax assets are recognised only to the extent that it is possible 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 balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Pocklington H&F Limited (Registered number: 04423693)

Notes to the Financial Statements - continued
for the year ended 29th February 2024

2. ACCOUNTING POLICIES - continued

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 the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

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

Employee 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 13 (2023 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st March 2023
and 29th February 2024 1
AMORTISATION
At 1st March 2023
and 29th February 2024 1
NET BOOK VALUE
At 29th February 2024 -
At 28th February 2023 -

Pocklington H&F Limited (Registered number: 04423693)

Notes to the Financial Statements - continued
for the year ended 29th February 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st March 2023 395,509
Additions 10,824
Disposals (26,831 )
At 29th February 2024 379,502
DEPRECIATION
At 1st March 2023 217,606
Charge for year 51,725
Eliminated on disposal (26,832 )
At 29th February 2024 242,499
NET BOOK VALUE
At 29th February 2024 137,003
At 28th February 2023 177,903

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,547 5,633
Other debtors 34,074 24,015
48,621 29,648

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 25,201 32,083
Trade creditors 60,376 46,813
Taxation and social security 7,606 1,924
Other creditors 111,846 96,029
205,029 176,849

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 32,585 54,919

Pocklington H&F Limited (Registered number: 04423693)

Notes to the Financial Statements - continued
for the year ended 29th February 2024

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 25,201 32,083
Between one and five years 32,585 54,919
57,786 87,002

Non-cancellable operating leases
2024 2023
£    £   
Within one year 47,000 47,000
Between one and five years 172,000 180,000
In more than five years 192,500 227,500
411,500 454,500

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R W Winlow.