Company Registration No. 09199465 (England and Wales)
Hurley Developments Ltd
Unaudited accounts
for the year ended 27 March 2024
Hurley Developments Ltd
Unaudited accounts
Contents
Hurley Developments Ltd
Company Information
for the year ended 27 March 2024
Company Number
09199465 (England and Wales)
Registered Office
C/O Pierrepont Ltd The Carlile Institute
Huddersfield Road , Meltham
Holmfirth
West Yorkshire
HD9 4AE
United Kingdom
Accountants
SK and Co
3rd Floor, St. Georges Building
5 St. Vincent Place
Glasgow
G1 2DH
Hurley Developments Ltd
Statement of financial position
as at 27 March 2024
Tangible assets
1,019
1,702
Debtors
3,395,678
1,409,049
Cash at bank and in hand
1,210,282
2,650,748
Creditors: amounts falling due within one year
(1,863,532)
(1,476,723)
Net current assets
2,742,508
2,583,154
Total assets less current liabilities
2,899,788
2,584,856
Creditors: amounts falling due after more than one year
(41,134)
(41,133)
Net assets
2,858,654
2,543,723
Called up share capital
100
100
Profit and loss account
2,858,554
2,543,623
Shareholders' funds
2,858,654
2,543,723
For the year ending 27 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 23 December 2024 and were signed on its behalf by
Liam Hurley
Director
Company Registration No. 09199465
Hurley Developments Ltd
Notes to the Accounts
for the year ended 27 March 2024
Hurley Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 09199465. The registered office is C/O Pierrepont Ltd The Carlile Institute, Huddersfield Road , Meltham, Holmfirth, West Yorkshire, HD9 4AE, United Kingdom.
2
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
25% SL
The accounts are presented in £ sterling.
4
Tangible fixed assets
Fixtures & fittings
Hurley Developments Ltd
Notes to the Accounts
for the year ended 27 March 2024
5
Investments
Other investments
Valuation at 28 March 2023
-
Fair value adjustments
(29,452)
Valuation at 27 March 2024
156,261
Amounts falling due within one year
Other debtors
3,395,678
1,409,049
7
Investments held as current assets
2024
2023
Unlisted investments
80
80
8
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
166,212
75,647
Other creditors
216,835
103,355
Loans from directors
1,479,549
1,297,181
9
Creditors: amounts falling due after more than one year
2024
2023
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).